507 Elm St, New Bedford MA 02740

New Bedford, MA 02740
$420,000
Est. $2,675/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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5
Beds
2
Baths
2,012
Sq Ft
$209
Price/Sq Ft
0.05
Acres
1915
Year Built
11 hours 28 minutes
Time on Market
For Sale Listed Sep 24, 2026 • MLS# 73582248 Copied! • Updated Sep 24, 2026

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About this home

Discover a unique opportunity at 507 Elm St, New Bedford, MA, a multi-family property built in 1915 offering 2012 square feet of living space. This property has 3 good size bedrooms on the first floor and 2 large bedrooms on the second floor, which provides ample private accommodations on both apartments. Both apartments have big kitchens open to the dinning room and living room. Modern lay outs on both floors make this a great opportunity to own a house with modern set up and rent out for income. Plenty of off street parking as you are in a corner lot. Come and take a look at this great property.Home sale in contingent on seller finding suitable housing, a property has been identified.

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Property History

Property Timeline

🏠
Listed for Sale
Sep 24, 2026
$420,000
Original listing
Agent: Patricia Correia Office: Seaport Realty

Tax History

Year Taxes Assessment
2025 $4,215 $372,700

Financial Details

Annual Property Tax
$4,215
Tax Year 2025
Assessed Value
$372,700

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1915
Living Area 2,012 sq ft
Lot Size 0.05 acres
Stories 2
Bedrooms 5
Full Baths 2
Total Rooms 10

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating Forced Air
Cooling Window Unit(s)
Flooring Tile, Hardwood, Carpet, Wood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Full
Laundry Washer Hookup, Dryer Hookup
Features Ceiling Fan(s), Storage, Bathroom With Shower Stall, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Slate
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed
Features Off Street
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,215
Assessed Value $372,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Some Pictures Have Been Modified To Remove Some Personal Items.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1915
Bedrooms
5
Full Bathrooms
2
Living Area
2,012 sq ft
Total Rooms
10
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Carpet, Wood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Storage, Bathroom with Shower Stall, Open Floorplan, Remodeled, Living Room, Dining Room, Kitchen
Windows:
Basement: Full
Laundry: Washer Hookup, Dryer Hookup
Security:

Construction & Materials

Year Built: 1915
Structure Type:
Exterior Materials: Frame
Roof: Slate
Foundation: Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features: Off Street
School District
New Bedford School District local
D
🎓 Where Graduates Go Class of 2021
31% attend college
13% 4-Year 18% 2-Year 4% Out of State 9% Working
⚠ School Safety 2024-25
6.0% Above Average
4.2% Suspensions 1.0% In-School 1.8% Emergency
↑ 0.5% above state avg
E

Elementary Schools

3 schools
D
Ellen R Hathaway School
0.2 mi | #753 of 825 | Score: 32.3
Improved 9 spots from last year
-25.9 below state avg
217 students Diverse
Diverse Student Body
Grades K-05
F
Thomas R Rodman School
0.3 mi | #798 of 825 | Score: 28.7
Improved 42 spots from last year
-29.5 below state avg
210 students Diverse
Diverse Student Body
Grades K-05
B+
Trinity Day Academy
0.4 mi | #149 of 346 | Score: 72.4
Dropped 126 spots from last year
87 students Diverse
College Ready Curriculum Diverse Student Body
Grades 04-12
M

Middle Schools

3 schools
Our Sisters' School
0.7 mi
Grades 05-06
C-
Keith Middle School
0.8 mi | #307 of 352 | Score: 31.0
Improved 3 spots from last year
-27.2 below state avg
918 students Diverse
Diverse Student Body
Grades 06-08
Nativity Prep School
0.9 mi
Grades 05-08
H

High Schools

3 schools
F
Whaling City Junior/Senior High School
0.6 mi | #338 of 346 | Score: 21.9
Improved 10 spots from last year
-36.3 below state avg
190 students Diverse
College Ready Curriculum Diverse Student Body
Grades 06-12
C
New Bedford High School
0.6 mi | #262 of 346 | Score: 46.3
Improved 23 spots from last year
-11.9 below state avg
2,792 students Diverse
19 sports • 1,326 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Bishop Stang High School
1.3 mi
17 sports • 1,282 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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Loan Amount
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $351
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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

507 Elm St, New Bedford MA 02740

New Bedford, MA 02740

Listing Information

Listing Agent Patricia Correia
Listing Office Seaport Realty
Office Phone 508-742-6387
Agent MLS ID CN210486
Office MLS ID AN7380
Listing Data Updated Sep 24, 2026 12:36 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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