474-476 Franklin Street, Mansfield MA 02048
Mansfield, MA 02048
$730,000
Est. $4,263/month
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Open House Schedule
16
Aug
Sunday, August 16
1:00 PM - 3:00 PM EDT
About this home
Rare Mansfield multifamily opportunity! Welcome to 474-476 Franklin Street, a spacious two unit property offering approximately 2,226 square feet of living space on a generous 0.54 acre lot. The property features two separate units, providing an excellent opportunity for investors, owner occupants or buyers looking to build long term equity. Each unit offers its own living space while the property provides ample off street parking and a private outdoor setting. Conveniently located in Mansfield with easy access to major routes, commuter rail, shopping, dining and everyday amenities. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers tremendous potential. Don’t miss the opportunity to make 474-476 Franklin Street your next investment!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 14, 2026
$730,000
Original listing
Agent: Kensley Dimmott
Office: Centre Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/14/2026 | 🏠 Listed for Sale | $730,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $4,462 | $0 |
Financial Details
Annual Property Tax
$4,462
Tax Year 2026
Assessed Value
$0
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1975
Living Area
2,226 sq ft
Lot Size
0.54 acres
Stories
4
Bedrooms
5
Full Baths
3
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Gross Income
$33,600
Net Operating Income
$33,600
Cap Rate
4.60%
Interior
Heating
None
Cooling
None
Flooring
Wood, Tile
Appliances
None
Fireplace
None
Fireplaces
2
Basement
Full, Slab
Laundry
Electric Dryer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Paved
Total Spaces
6
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Electric Range, For Electric Dryer
Financial
Annual Tax
$4,462
Assessed Value
0.00
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Bristol
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1975
Bedrooms
5
Full Bathrooms
3
Living Area
2,226 sq ft
Total Rooms
11
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,226 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile
Appliances:
Interior Features:
Windows:
Insulated Windows
Basement:
Full, Slab
Laundry:
Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
1975
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Wooded
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved
Special Features
Fireplaces:
2
Fireplace Type:
Community Amenities:
Nearby Schools
School District
Mansfield School District local
A-
School Safety
2024-25
1.9%
Average
1.8%
Suspensions
0.3%
In-School
0.1%
Emergency
3.6% below state avg
Elementary Schools
3 schools
A
Mabelle M Burrell School
0.9 mi
|
#136 of 824
|
Score: 57.4
Improved 145 spots from last year
-0.8 below state avg
339 students
Moderate
Rising School
Grades PK-04
St. Mary's Catholic School
1.3 mi
Grades K-08
A-
Jordan/Jackson Elementary School
1.7 mi
|
#178 of 824
|
Score: 56.1
Improved 178 spots from last year
-2.1 below state avg
760 students
Moderate
Rising School
Strong Attendance
Grades 03-05
Middle Schools
3 schools
A-
Harold L Qualters Middle School
1.7 mi
|
#74 of 352
|
Score: 52.9
Dropped 17 spots from last year
-5.3 below state avg
750 students
Moderate
Strong Attendance
Grades 06-08
A-
John J Ahern School
2.7 mi
|
#84 of 352
|
Score: 51.3
Improved 42 spots from last year
-6.9 below state avg
772 students
Moderate
Rising School
Grades 05-08
A+
Sharon Middle School
4.1 mi
|
#18 of 352
|
Score: 61.7
Improved 17 spots from last year
+3.5 above state avg
815 students
Diverse
Diverse Student Body
Strong Attendance
Grades 06-08
High Schools
3 schools
A-
Mansfield High School
1.6 mi
|
#81 of 346
|
Score: 62.0
Dropped 39 spots from last year
+3.8 above state avg
1,002 students
Moderate
18 sports
• 1,994 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
Al-Noor Academy
2.0 mi
Grades 06-12
B+
Foxborough High School
3.0 mi
|
#127 of 346
|
Score: 57.7
Improved 9 spots from last year
-0.5 below state avg
736 students
Moderate
18 sports
• 1,583 athletes
Strong AP Program
High Graduation Rate
Strong Athletics
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$372
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
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
474-476 Franklin Street, Mansfield MA 02048
Mansfield, MA 02048
Listing Information
Listing Agent
Kensley Dimmott
Listing Office
Centre Realty Group
Office Phone
617-739-7000
Agent MLS ID
BB954174
Office MLS ID
AN3518
Listing Data Updated
Aug 14, 2026 6:33 PM 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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