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    New Bedford, MA Multifamily Properties for Sale

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    Renovated Two-Family Home with Parking
    Updated: Sep 17
    Renovated Two-Family Home with Parking

    62-64 North St, New Bedford, MA 02740

    $650,000
    2,657 sqft 0.08 AC lot
    Fully renovated 2,657‑square‑foot duplex delivered vacant
    0.0797‑acre double lot conveyed as one property
    Off‑street parking plus a gravel and stone parking area
    Updates include electrical, plumbing, heating, insulation, kitchens, baths, roof, siding, and windows
    MUB zoning
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    Renovated Triplex with Driveway
    Updated: Sep 7
    Renovated Triplex with Driveway

    495 Cedar Grove St, New Bedford, MA 02746

    $649,000
    2,456 sqft 0.15 AC lot
    2,456 square feet on a 0.1529‑acre parcel
    Three‑unit configuration with 1‑bedroom, 2‑bedroom, and townhouse‑style residences
    All units renovated within the last 4 years
    Fully occupied residential income property
    9+ car driveway with a recently added asphalt base coat
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    Renovated Triplex
    Renovated Triplex

    304 County St, New Bedford, MA 02740

    $574,999
    2,436 sqft 0.06 AC lot

    Two two-bedroom apartments and one one-bedroom apartment offer recent updates and dedicated basement storage.

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    See hot listings in New Bedford

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Renovated Two-Family Duplex
    Renovated Two-Family Duplex

    62-64 North St, New Bedford, MA 02740

    $650,000
    2,657 sqft

    Delivered vacant with off-street parking and additional land for owner-occupant or investment use.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    52 Ashley St, New Bedford, MA 02744

    $699,000
    4,842 sqft 0.09 AC lot

    Separately metered utilities, vinyl siding, and flexible layouts support practical ownership and ongoing rental operations.

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    Vacant Three-Unit Multifamily Property
    Vacant Three-Unit Multifamily Property

    1272 Pleasant St, New Bedford, MA 02740

    $500,000
    1,842 sqft 0.08 AC lot

    Vacant multifamily building with updated systems, flexible occupancy options, and a paved yard.

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    Three-Unit Residential Property
    Three-Unit Residential Property

    115 Thompson St, New Bedford, MA 02740

    $600,000
    2,532 sqft 0.06 AC lot

    Three separate apartments include a vacant second-floor unit and private outdoor space on the first floor.

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    Renovated Three-Family Triplex
    Renovated Three-Family Triplex

    495 Cedar Grove St, New Bedford, MA 02746

    $649,000
    2,456 sqft

    Three residential units were updated within the last four years and are fully occupied.

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    Three-Unit Multifamily Property
    Three-Unit Multifamily Property

    99 Hazard St, New Bedford, MA 02740

    $629,900
    3,561 sqft 0.07 AC lot

    Built in 1910 and zoned RC, the property includes three residential units with two currently vacant.

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    2-Unit Duplex with Detached Garage
    2-Unit Duplex with Detached Garage

    126 Ash St, New Bedford, MA 02740

    $499,000
    1,977 sqft 0.07 AC lot

    Separate utilities and a vacant upper residence support owner occupancy alongside rental income.

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    Three-Level Duplex with Decks
    Three-Level Duplex with Decks

    129-131 State Street, New Bedford, MA 02740

    $695,000
    3,774 sqft

    Two residential units offer upgraded kitchens, substantial bedroom capacity, and private rear outdoor space.

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    Updated Three-Unit Residential Property
    Updated Three-Unit Residential Property

    17 Margin St, New Bedford, MA 02744

    $539,000
    2,360 sqft 0.05 AC lot

    Three residential units offer updated flooring, cabinets, and countertops, with one unit expected to become vacant.

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    Two-Family Duplex with Fenced Yard
    Two-Family Duplex with Fenced Yard

    158 Adams St, New Bedford, MA 02746

    $449,900
    1,473 sqft 0.07 AC lot

    Attached residential income property with two separate apartments, a basement, and a fenced yard.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    115 Thompson St, New Bedford, MA 02740

    $600,000
    2,532 sqft

    Well-maintained three-family building with two bathrooms per unit layout variety and a private back deck on the first floor.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    69 Delano St, New Bedford, MA 02744

    $389,000
    1,656 sqft 0.07 AC lot

    Classic two-family layout with matching two-bedroom units and convenient access to everyday amenities.

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    Updated Two-Family Duplex
    Updated Two-Family Duplex

    17 Social St, New Bedford, MA 02744

    $475,000
    2,048 sqft 0.07 AC lot

    Two similar residences offer three-bedroom layouts, refreshed interiors, separate storage areas, and a fenced backyard.

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    Two-Story Multifamily Conversion Property
    Two-Story Multifamily Conversion Property

    194-R Riverside Ave, New Bedford, MA 02746

    $1,600,000
    26,910 sqft

    Existing industrial improvements offer substantial space for a multifamily redevelopment concept in New Bedford.

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    Two-Unit Townhouse-Style Duplex
    Two-Unit Townhouse-Style Duplex

    129-131 State Street, New Bedford, MA 02740

    $695,000
    3,774 sqft 0.10 AC lot

    One residence is vacant, and both units have private rear decks and updated kitchens.

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    Renovated Three-Unit Triplex
    Renovated Three-Unit Triplex

    304 County St, New Bedford, MA 02740

    $574,999
    2,436 sqft

    Updated multifamily property with dedicated storage and varied unit amenities.

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    6-Unit Apartment Building
    6-Unit Apartment Building

    140-142 Query St, New Bedford, MA 02745

    $1,200,000
    6,414 sqft 0.13 AC lot

    Six residential units are complemented by a separately rented, divided garage and a rooftop solar array.

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    Townhouse-Style Duplex
    Townhouse-Style Duplex

    17-19 Hazard Ct, New Bedford, MA 02740

    $549,999
    2,218 sqft

    Two four-bedroom units offer substantial residential space in a multi-family configuration.

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    Mixed-Use Property with Subdivision Approval
    Mixed-Use Property with Subdivision Approval

    734-738 Brock Ave, New Bedford, MA 02744

    $710,000
    4,305 sqft 0.09 AC lot

    Three residential units accompany a detached commercial building under Mix Res-Co zoning.

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    Fully Vacant Three-Unit Building
    Fully Vacant Three-Unit Building

    1272 Pleasant St, New Bedford, MA 02740

    $500,000
    1,842 sqft

    Fully vacant three-family with two-bedroom, one-bath units and recent mechanical, electrical, and plumbing updates.

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    Oversized Three-Family Property
    Oversized Three-Family Property

    107-109 Ashley Blvd, New Bedford, MA 02746

    $745,000
    5,752 sqft 0.17 AC lot

    Fully vacant triplex with spacious floor plans, updated systems, off-street parking, and roof-mounted solar panels.

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    New Bedford, MA Multifamily Properties Market Trends and Statistics

    Explore 100 multifamily properties for sale in New Bedford, MA, showcased through 100 active listings on our real estate platform. These investment opportunities span a total of 282,542 square feet of properties for sale, with an estimated market value of $65,851,096.

    Sale prices for multifamily properties in New Bedford, MA start at $349,900, averaging $658,510, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 42
    Duplexes 41
    Apartment buildings 12
    Quadplexes 5

    Demographics Overview

    Population 111K
    Population Growth (5Y) +5.9%
    Median Household Income $60,136
    College Educated 16.2%

    High-Yield Neighborhoods for Investment

    Identify New Bedford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02740 $580.8K
    02745 $581.1K
    02744 $719.7K
    02746 $756.4K

    Taxes & Financing

    Tax Rate (average for all types) 2.41%
    Property Tax per SF $23.30 per SF
    Tax Rate vs County Average 0.43 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bristol County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Bristol County

    Residential Income

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