HomeNew BedfordMulti Family135 Arnold St, New Bedford MA 02740
135 Arnold St, New Bedford MA 02740 — photo 1 of 71 / 7
$450,000
135 Arnold St, New Bedford MA 02740
2 units · 4 bd · 2 ba · 1,596 sqft · $225,000/unit
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INVESTMENT SNAPSHOT

Signal Score88 / 100
Est. Cap Rate5.2%
GRM12.5
Gross Scheduled Income$36,000/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Well, maintained two family home in New Bedford offering a great investment or owner-occupant opportunity. Property features a newer roof and upgraded electrical panels, both completed approximately two years ago. The home can be delivered vacant, providing flexibility for rental or personal use. The second-floor unit is currently empty and ready for immediate occupancy. Additional highlights include off street parking on the side of the house and a recently updated front hallway. Bonus walk-up attic with a full door offers potential to expand the second unit or possibly create a third unit, subject to buyer due diligence and city approvals. Conveniently located near local amenities, shopping, and major routes. Don’t miss this versatile property!

Property details

Units2
Living area1,596 sqft
Lot size1,956 sqft
Year built1886
Price / sqft$282
CountyBristol
MLS #73495908

Listing status

Days on market4 days
Listed onApril 4, 2026

Taxes & financials

Annual property tax$3,831
Tax year2025
Assessed value$338,700
ZoningMUB
Gross income (actual)$14,400/yr
Net operating income (actual)$14,400/yr
Total actual rent$1,200/mo

Building & lot

Stories2
Total rooms11
Lot size0.04 acres
Garage spaces0
Parking spaces1
BasementFull, Bulkhead, Concrete
FoundationConcrete Perimeter

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in New Bedford

Listing courtesy of revolv Real Estate — Jade Garcia. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 135 Arnold St, New Bedford MA 02740 have?

It is a 2-unit multi-family property with 1,596 sqft of living area, built in 1886.

How long has 135 Arnold St, New Bedford MA 02740 been on the market?

135 Arnold St, New Bedford MA 02740 has been listed for 4 days (since April 4, 2026).

What is the estimated cap rate on this 2-family in New Bedford?

Based on area median rents, the estimated cap rate is about 5.2%, with a Signal Score of 88/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $450,000 across 2 units, that works out to roughly $225,000 per unit.

What are the property taxes on 135 Arnold St, New Bedford MA 02740?

Annual property taxes are $3,831 (2025), on an assessed value of $338,700.

What is the price per square foot?

At $450,000 for 1,596 sqft, that's about $282 per square foot.

Is there parking?

1 total parking space.

Where is this property located?

135 Arnold St, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.

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