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    New Bedford, MA Multifamily Properties for Sale

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    Five-Unit Residential Income Property
    Updated: May 26
    Five-Unit Residential Income Property

    52 Ashley St, New Bedford, MA 02744

    $729,900
    4,842 sqft · 0.09 AC lot
    Income‑producing 5‑unit property in New Bedford’s South End
    Year built 1910
    Separately metered utilities
    Low‑maintenance vinyl siding
    Four units are described as well maintained with a solid tenant history; one unit offers a chance for cosmetic updates
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    This listing looks promising.

    Here's a quick look at some key insights for

    52 Ashley St, New Bedford, MA 02744

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $913K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1910
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    Four-Family Residential Income Property
    Updated: Jun 29
    Four-Family Residential Income Property

    50-52 Princeton St, New Bedford, MA 02745

    $699,900
    3,818 sqft · 0.07 AC lot
    4‑family building built in 1909 with four floors of rental units
    First and second floors feature spacious 3‑bedroom, 1‑bath units
    Third and fourth floors feature 1‑bedroom units
    All units are lead certified and the landlord owns all appliances
    Located near Brooklawn Park and New Bedford amenities, including major highways, downtown waterfront, schools, and shopping
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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    324 Cottage St, New Bedford, MA 02740

    $625,000
    3,385 sqft · 0.09 AC lot

    Well-maintained 3-family with separate utilities, in-unit laundry, and off-street parking for up to three cars.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    151-153 Clara St, New Bedford, MA 02744

    $665,000
    2,648 sqft · 0.10 AC lot

    Well-maintained two-family with finished basement space, off-street parking, and multiple recent exterior updates.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Three-Family Residential Income Property
    Three-Family Residential Income Property

    55 Salisbury St, New Bedford, MA 02744

    $675,000
    3,378 sqft · 0.07 AC lot

    Three units with three bedrooms each, including a vacant first-floor home and a brand-new heating system, plus a private yard and patio.

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    Three-Family Residential Income Building
    Three-Family Residential Income Building

    247 Ashley Blvd, New Bedford, MA 02746

    $649,900
    3,513 sqft · 0.06 AC lot

    Well-maintained 3-family with spacious 3-bedroom units and gas central heating.

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    Updated Four-Family Investment Opportunity
    Updated Four-Family Investment Opportunity

    51 Bonney St, New Bedford, MA 02740

    $839,700
    3,902 sqft · 0.11 AC lot

    Fully updated four-family property with strong investment potential.

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    Five-Unit Multi-Family Residence
    Five-Unit Multi-Family Residence

    104-106 Belleville Rd, New Bedford, MA 02745

    $849,900
    4,878 sqft · 0.10 AC lot

    Five-unit residence with a one-car garage and spacious bedrooms, offered for immediate occupancy with tenants at will.

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    North End Multi-Family Investment
    North End Multi-Family Investment

    166 Clifford St, New Bedford, MA 02745

    $609,900
    3,330 sqft · 0.08 AC lot

    Three-unit property in New Bedford with income and upside potential.

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    Two-Family Residence with Expansion Potential
    Two-Family Residence with Expansion Potential

    307 Austin St, New Bedford, MA 02740

    $529,900
    1,792 sqft · 0.07 AC lot

    Two updated units with modern appliances and laundry hookups, delivered vacant with attic plumbing for possible added living space.

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    New Bedford Mixed-Use Two-Family
    New Bedford Mixed-Use Two-Family

    1930 Acushnet Ave, New Bedford, MA 02745

    $599,000
    2,760 sqft · 0.07 AC lot

    Two-family property with MUB zoning, suitable for live-work.

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    Three-Family Residential Income Property
    Three-Family Residential Income Property

    5 Tallman Ln, New Bedford, MA 02740

    $650,000
    3,132 sqft · 0.06 AC lot

    Three spacious three-bedroom units with central heat in a well-maintained home on a private street.

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    Two-Family Home with 2- and 4-Bed Units
    Two-Family Home with 2- and 4-Bed Units

    107 Robeson St, New Bedford, MA 02740

    $518,000
    2,565 sqft · 0.04 AC lot

    Vacant-at-closing two-family residence offers a 2-bedroom first-floor unit and a larger 4-bedroom second-floor layout.

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    Six-Unit Property with Separate Utilities
    Six-Unit Property with Separate Utilities

    826 County St, New Bedford, MA 02740

    $689,900
    3,169 sqft · 0.10 AC lot

    Six-unit income property with separate heat and electric for each unit, off-street parking, and professional management in place.

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

    84 Walden St, New Bedford, MA 02740

    $529,900
    1,950 sqft · 0.07 AC lot

    Well-maintained two-family with 3-bedroom units and a private yard, plus heating, plumbing, and interior upgrades.

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    Updated Three-Unit Residential Income
    Updated Three-Unit Residential Income

    17 Margin St, New Bedford, MA 02744

    $549,000
    2,360 sqft · 0.05 AC lot

    Three-unit multifamily building with recent interior upgrades and roof replacement, with a unit expected vacant by late July.

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    Spacious Three-Family Property
    Spacious Three-Family Property

    131 Whitman St, New Bedford, MA 02745

    $649,900
    3,360 sqft · 0.10 AC lot

    Well-maintained three-family property with three-car garage and ample parking.

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    Townhouse-Style Duplex Income Property
    Townhouse-Style Duplex Income Property

    129-131 State Street, New Bedford, MA 02740

    $725,000
    3,774 sqft · 0.10 AC lot

    Duplex/townhouse-style property with two units, multiple bedrooms and baths, and private rear decks for flexible living or renting.

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    Three-Unit Multifamily with Off-Street Parking
    Three-Unit Multifamily with Off-Street Parking

    188 Belleville Rd, New Bedford, MA 02745

    $534,000
    1,791 sqft · 0.06 AC lot

    Well-kept three-unit building with updated mechanicals and off-street tenant parking, featuring two 2-bedroom units and one 1-bedroom.

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    Two-Family Residence with Enclosed Porch
    Two-Family Residence with Enclosed Porch

    382-384 W Clinton St, New Bedford, MA 02740

    $625,000
    2,656 sqft

    Well-maintained two-unit home with separate living layouts, fenced yard, and attached garage—ideal for owner-occupants or investors.

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    Two-Family with Off-Street Parking
    Two-Family with Off-Street Parking

    497 S Second, New Bedford, MA 02744

    $429,900
    1,302 sqft · 0.08 AC lot

    A two-unit income property with off-street parking and a fenced yard near downtown and the train station.

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    Ready-to-Move Multi-Family Duplex
    Ready-to-Move Multi-Family Duplex

    34 Jouvette St, New Bedford, MA 02744

    $399,900
    2,044 sqft · 0.07 AC lot

    Two-bedroom units with large kitchens, private yard, and off-street parking, in move-in condition.

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    Two-Family Residence with Renovations
    Two-Family Residence with Renovations

    311 Purchase St, New Bedford, MA 02740

    $449,900
    2,410 sqft · 0.06 AC lot

    A cottage-style duplex with updated systems, two kitchens, and flexible upper-level potential for expanded living or income.

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    Renovated Two-Family with Cottage Potential
    Renovated Two-Family with Cottage Potential

    150 Blackmer St, New Bedford, MA 02744

    $574,900
    1,812 sqft · 0.10 AC lot

    Completely renovated two-family with possible cottage-style setup in New Bedford.

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    New Bedford, MA Multifamily Properties Market Trends and Statistics

    Explore 96 multifamily properties for sale in New Bedford, MA, showcased through 96 active listings on our real estate platform. These investment opportunities span a total of 202,500 square feet of properties for sale, with an estimated market value of $42,298,697.

    Sale prices for multifamily properties in New Bedford, MA start at $399,900, averaging $631,323, and reaching up to $949,900 — 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 38
    Duplexes 35
    Apartment buildings 13
    Quadplexes 9

    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 $623.5K
    02746 $689.9K
    02744 $717.4K
    02745 $995.8K

    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)

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    Most Searched ZIP Codes in New Bedford, MA

    • 02740
    • 02744
    • 02745
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