HomeNew Bedford3 Family - 3 Units Up/Down5 Tallman Ln, New Bedford MA 02740
5 Tallman Ln, New Bedford MA 02740 — photo 1 of 71 / 7
$669,900
5 Tallman Ln, New Bedford MA 02740
3 units · 9 bd · 3 ba · 3,132 sqft · $223,300/unit
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INVESTMENT SNAPSHOT

Signal Score89 / 100
Est. Cap Rate5.2%
GRM12.4
Gross Scheduled Income$53,981/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Well-maintained three-family home in New Bedford, conveniently located near highways, grocery stores, churches, and other local amenities. Situated on a private street, this property features three spacious units, each offering three bedrooms with ample living space. Central heat throughout. Ideal for both investors and owner-occupants seeking strong rental potential or multi-generational living.

Property details

Units3
Living area3,132 sqft
Lot size2,487 sqft
Year built1882
Price / sqft$214
CountyBristol
MLS #73505828

Listing status

Days on market38 days
Listed onApril 22, 2026

Taxes & financials

Annual property tax$6,374
Tax year2025
Assessed value$563,600
ZoningMUB
Total actual rent$0/mo

Building & lot

Stories3
Total rooms15
Lot size0.06 acres
Garage spaces0
Parking spaces6
ParkingOff Street
BasementFull
FoundationGranite
RoofShingle
ConstructionFrame

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in New Bedford

Listing courtesy of RE/MAX Vantage — Bessy Rivas. 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 5 Tallman Ln, New Bedford MA 02740 have?

It is a 3-unit multi-family property with 3,132 sqft of living area, built in 1882.

How long has 5 Tallman Ln, New Bedford MA 02740 been on the market?

5 Tallman Ln, New Bedford MA 02740 has been listed for 38 days (since April 22, 2026).

What is the estimated cap rate on this 3-family in New Bedford?

Based on area median rents, the estimated cap rate is about 5.2%, with a Signal Score of 89/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $669,900 across 3 units, that works out to roughly $223,300 per unit.

What are the property taxes on 5 Tallman Ln, New Bedford MA 02740?

Annual property taxes are $6,374 (2025), on an assessed value of $563,600.

What is the price per square foot?

At $669,900 for 3,132 sqft, that's about $214 per square foot.

Is there parking?

6 total parking spaces (off street).

Where is this property located?

5 Tallman Ln, New Bedford MA 02740 is in New Bedford, Bristol County, MA 02740.

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