129-131 State Street New Bedford — Photo 1 of 40
Recent Drop: $30,000
$695,000
Investment Analysis — 129-131 State Street
New Bedford, MA 02740
Based on rent reported on the MLS listing, a 2-unit multi-family in 02740 carries $3,800/mo in gross rent — about a 3.83% cap rate and $26,637/yr in estimated NOI at the $695,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
6
SqFt
3,774
Style
2 Family - 2 Units Side by Side
Built
2005
Amazing opportunity to own this unique duplex/townhouse-style property offering spacious living across three levels, plus a partially finished basement in one unit—ideal for additional living space, extended use, or rental potential. Combined, the two units feature 7 bedrooms, 5 full baths, and 2 half baths, with generous room sizes throughout. Each unit offers modern kitchens with upgraded cabinetry, granite countertops, and comfortable layouts designed for today’s living. Enjoy private rear decks, perfect for outdoor entertaining, relaxing, or dining al fresco. Conveniently located within walking distance to Clasky Park and close to major highways, shopping, schools, area amenities, and so much more. A rare opportunity for owner-occupants, investors, or those seeking flexible multi-unit living!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Property History
$695,000
Was $725,000
Aug 8, 2026
MLS® 73541673
$725,000
Jun 25, 2026
MLS® 73541673
Listing Agent: Daniel Mansour Barbour
Listing Office: Keller Williams Elite
MLS® Number: 73541673
