Residential Income

New Bedford, MA Residential Income 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

$640,000
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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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

$640,000
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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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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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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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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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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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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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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27-Unit Apartment Building with Solar
27-Unit Apartment Building with Solar

162 Sawyer St, New Bedford, MA 02746

$1,450,000
6,462 sqft

Rooming house with updated exterior elements, solar panels, and established tenancy near Highway 195 and Riverside Landing Shopping Plaza.

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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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Two-Unit Duplex Property
Two-Unit Duplex Property

1585-1587 Acushnet Avenue, New Bedford, MA 02746

$559,000
3,626 sqft

Historic multifamily property offering two separate residential units in New Bedford.

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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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Five-Unit Apartment Building
Five-Unit Apartment Building

52 Ashley St, New Bedford, MA 02744

$699,000
4,842 sqft

The property combines spacious floor plans, separately metered utilities, and vinyl siding in New Bedford’s South End.

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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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Three-Family Income Property
Three-Family Income Property

166 Clifford St, New Bedford, MA 02745

$609,000
3,330 sqft

Three-unit rental property with gas heat and hot water, separate utilities, and a fenced yard.

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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 Residential Income Properties Market Trends and Statistics

Explore 99 residential income properties for sale in New Bedford, MA, showcased through 99 active listings on our real estate platform. These investment opportunities span a total of 279,092 square feet of properties for sale, with an estimated market value of $65,102,095.

Sale prices for residential income properties in New Bedford, MA start at $349,900, averaging $657,596, 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

Multifamily properties 103
Duplexes 41
Triplexes 41
Apartment buildings 13
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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