392-394 Shaw St, New Bedford MA 02745

New Bedford, MA 02745
$799,999
$789,999
Est. $4,671/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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8
Beds
4
Baths
3,372
Sq Ft
$234
Price/Sq Ft
0.09
Acres
1910
Year Built
2
Parking
135
Days on Market
For Sale Price Drop -$10,000 Listed May 22, 2026 • MLS# 73523133 Copied! • Updated Aug 23, 2026

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About this home

Multi-Family Opportunity in the Heart of New Bedford! Perfectly located near the brand-new train station, this income-producing property is ready for its next owner to start cash flowing from day one. Featuring numerous recent upgrades throughout, this well-maintained multi-family home offers the ideal blend of modern updates and long-term investment potential. Each unit has been thoughtfully cared for, making this a true move-in-ready property for both investors and owner-occupants alike. Outside, enjoy a spacious backyard designed for entertaining, relaxing, or hosting summer gatherings. The property also includes two off-street parking spaces. An added highlight is the unfinished attic space, offering exciting potential for a possible 5th unit expansion or additional living space, subject to buyer due diligence and city approvals. This opens the door for even greater income potential and future value growth. Schedule your showing today!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.3%
Price Range

Property Timeline

↓
Price Reduced
Jun 25, 2026
$789,999 $10,000 (-1.25%)
From $799,999 to $789,999 (-1.2%)
🏠
Listed for Sale
May 23, 2026
$799,999
Original listing
Agent: Taylor Khoury Office: Ponte & Associates Real Estate Inc.

Tax History

Year Taxes Assessment
2025 $5,722 $505,900

Financial Details

Annual Property Tax
$5,722
Tax Year 2025
Assessed Value
$505,900

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1910
Living Area 3,372 sq ft
Lot Size 0.09 acres
Stories 6
Bedrooms 8
Full Baths 4
Total Rooms 16

Investment Metrics

Units 4
Unit 1 Rent $1,300/mo · N
Unit 2 Rent — · N
Unit 3 Rent $1,400/mo · N
Unit 4 Rent — · N
Total Monthly Rent $2,700/mo
Gross Income $32,400
Net Operating Income $32,400
Cap Rate 4.10%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,722
Assessed Value $505,900
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 104 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
8
Full Bathrooms
4
Living Area
3,372 sq ft
Total Rooms
16
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 6

Heating, Cooling & Utilities

Heating:
Heating Zones: 4
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $477
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

392-394 Shaw St, New Bedford MA 02745

New Bedford, MA 02745

Listing Information

Listing Office Ponte & Associates Real Estate Inc.
Office Phone 774-849-5807
Agent MLS ID CN253674
Office MLS ID AN7321
Listing Data Updated Aug 23, 2026 4:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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