Four-Unit Multifamily
78 Somerset Ave, Taunton, MA 02780
For Sale
New
$849,900
Three apartments are leased, and off-street parking serves the property.
Property Size3,967 SF
Price / SF$214.24
Days on Market7
Property Features for 78 Somerset Ave
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Doherty Realty Company
Listed By:
Peyton Brant
(816) 673-6712
Source:
Paulgrover
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 12:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Doherty Realty Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit multifamily property contains 3,967 square feet and was built in 1900. The building has a new roof installed in 2026, and three of its four units are currently rented.
The property sits on a lot with off-street parking in Taunton, Massachusetts.
The property sits on a lot with off-street parking in Taunton, Massachusetts.
Key Highlights
- Four units; three are currently rented
- 3,967 square feet in a building dating to 1900
- Roof installed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,894
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,880
$1.4M
Cap Rate 7%
$1,012,771
$1.0M
Cap Rate 9%
$787,711
$787.7K
Market Conditions
NOI Build-Up for 3,967 SF
Gross rent
$109.5K $27.60/SF
− Vacancy
−$8.2K −$2.07/SF
EGI
$101.3K $25.53/SF
− OpEx
−$30.4K −$7.66/SF
NOI
$70.9K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,417,880
Cap Rate 7%
$1,012,771
Cap Rate 9%
$787,711
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$886.2K – $1.18M
NOI $70,894 @ 7.0% cap · market cap 8.34%
Second Best
Apartment 5plus
$941.2K
$823.6K – $1.10M
NOI $65,885 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$2.42M
$2.11M – $2.82M
NOI $169,108 @ 7.0% cap · market cap 19.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Bristol County, MA
Properties on Market for Quadplexes in Bristol County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Three apartments are leased, and off-street parking serves the property.
Where is this quadplex located?
The property is located at 78 Somerset Ave Taunton, MA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Four units; three are currently rented; 3,967 square feet in a building dating to 1900; Roof installed in 2026
