Duplex with In-Unit
New
For Sale
$669,000
532 Main Street, Wareham, MA 02571
Multi-Family, Wareham, MA
Property Size3,418 SF
Lot Size2.65 Acres
Price / SF$195.73
Days on Market2
Property Features for 532 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
MR30
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 6, Bedroom 2, Bedroom 3, Bedroom 4, Basement, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking
6
Parking features
Driveway
Patio and Porch features
Deck
Exterior features
Private Yard
Basement
Partial
Lot features
Gentle Sloping, Easements, Wooded
Elementary school district
Wareham
Middle school district
Wareham
High school district
Wareham
Directions
Sandwich Rd to Main Street on your left past the Park
Subdivision
Wareham
Standard status
Active
APN
WARE M:0083 B:0000 L:1018A-A
Size
3,418 SF
Lot size
2.65 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4665
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
in-unit laundry
Building Details
Year built
1880
Floors in Building
2
Number of units
2
Flooring type
Carpet
Building materials
Clapboard, Shingle Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Upper Cape Realty Corp.
Listed By:
Nancy S Angus
(508) 759-2121
Added: Oct 24
Last Checked: Oct 25 at 5:06PM
MLS# 22605414
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1880, this duplex contains two apartments with three bedrooms apiece. Each unit has in-unit laundry and an eat-in kitchen, with separate driveways serving the apartments. The property measures 3,418 square feet, and each apartment is described as 1500 sq ft plus. A deck and private yard add outdoor features to the 2.65-acre site.
The property is just outside Wareham Village, with access to restaurants, entertainment and convenience options. Public water and public sewer serve the property.
The property is just outside Wareham Village, with access to restaurants, entertainment and convenience options. Public water and public sewer serve the property.
Key Highlights
- Two apartments, each with 3 bedrooms
- Each apartment is 1500 sq ft plus
- 3,418‑square‑foot property on 2.65 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$57,765
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,155,300
$1.2M
Cap Rate 7%
$825,214
$825.2K
Cap Rate 9%
$641,833
$641.8K
Market Conditions
NOI Build-Up for 3,418 SF
Gross rent
$87.2K $25.50/SF
− Vacancy
−$4.6K −$1.36/SF
EGI
$82.5K $24.14/SF
− OpEx
−$24.8K −$7.24/SF
NOI
$57.8K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,155,300
Cap Rate 7%
$825,214
Cap Rate 9%
$641,833
Alternative Uses
Best Use
Multifamily LT 5
$825.2K
$722.1K – $962.8K
NOI $57,765 @ 7.0% cap · market cap 8.63%
Second Best
Apartment 5plus
$760.6K
$665.5K – $887.3K
NOI $53,239 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$2.02M
$1.77M – $2.36M
NOI $141,641 @ 7.0% cap · market cap 21.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 02571, MA
10,858
Population
6,205
Households
1.7
Avg Household Size
51
Median Age
32%
College-Educated
90%
High-School Grad
18.7 sq mi
ZIP Area
581
Density / Sq Mi
$87,302
Median Household Income
$56,282
Median Earnings
$1,427
Median Rent
$422,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate driveways provide dedicated parking for each apartment on a 2.65-acre parcel.
Where is this duplex located?
The property is located at 532 Main Street Wareham, MA.
What is the asking price?
The asking price for this property is $669,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms; Each apartment is 1500 sq ft plus; 3,418‑square‑foot property on 2.65 acres
