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Off market
  • $591,800

    15 Borden St, New Bedford, MA 02740

    5beds
    2,344sqft
    MultiFamily
    Built in 1885
    -- sqft lot
    $591,800 Zestimate®
    $252/sqft
    $2,212 Estimated rent

    Home value

    $591,800

    $539,000 - $651,000

    $2,212/mo

    Zestimate® history
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    $3,778/mo

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    What's special

    Roof in good conditionRetractable awningPrivate drivewayFront porch recently rebuiltNew electrical throughoutNew hot water tanks

    Excellent investment opportunity in the heart of New Bedford. This well-maintained three-family property (2–2–1 layout) is fully rented and currently generating rental income, with room for rent increases. All leases are month-to-month, providing flexibility for both investors and owner-occupants. Property Highlights: • Three-family: • 1st Floor: 2 Bedrooms • 2nd Floor: 2 Bedrooms • 3rd Floor: 1 Bedroom (long-term tenant; unit needs cosmetic updates/paint) • Fully rented with strong cash flow • New electrical throughout • New hot water tanks • Roof in good condition (no replacement needed) • First and second floor units renovated • Front porch recently rebuilt • 3/4 finished basement with heat and laundry hookups • Spacious backyard with 10x20 shed • Retractable awning • Private driveway • Solid mechanicals and low deferred maintenance This property offers immediate income with upside potential through light cosmetic improvements and rental adjustments. Ideal for investors looking to add a stabilized multi-family to their portfolio or house hackers seeking strong rental support. Currently don’t have many updates photo or photos of third floor unit but please feel free to reach out about property

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Laminate
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,344 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Exterior features: Other, Vinyl
    Lot
    • Size: 3,484 Square Feet
    Details
    • Parcel number: NEWBM0035L0154

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1885

    Community & HOA

    Location
    • Region: New Bedford

    Financial & listing details

    • Price per square foot: $252/sqft
    • Tax assessed value: $488,700
    • Annual tax amount: $5,527

    Price history

    DateEventPrice
    4/14/2026Listing removed--
    Source: Owner Report a problem
    3/9/2026Pending sale$589,999$252/sqft
    Source: Owner Report a problem
    3/1/2026Price change$589,999-1.5%$252/sqft
    Source: Owner Report a problem
    2/14/2026Listed for sale$599,000$256/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,527 +12.8%$488,700 +19.7%
    2024$4,898 +5.3%$408,200 +25.4%
    2023$4,650 +10.6%$325,400 +20.3%
    2022$4,204 +3.5%$270,500 +3.9%
    2021$4,060 +1.8%$260,400 +5.5%
    2020$3,988 +14.9%$246,800 +17.1%
    2019$3,470 +6.6%$210,700 +7.6%
    2018$3,256 +8.2%$195,800 +8.6%
    2017$3,009 +3.9%$180,300 +2.7%
    2016$2,896 +7%$175,600 +2.1%
    2015$2,706 +3.8%$172,000
    2014$2,608 -3%$172,000 -8.3%
    2013$2,688 -0.8%$187,600 -4.8%
    2012$2,711 -4.1%$197,000 -10.2%
    2011$2,826 -3.6%$219,400 -10%
    2010$2,932 +4.3%$243,700 -0.8%
    2009$2,812 +4%$245,600 -4.1%
    2008$2,703 +2.3%$256,200
    2007$2,641 -0.5%$256,200 +4.9%
    2006$2,654 +4.2%$244,200 +9%
    2005$2,548 +17.3%$224,100 +27.6%
    2004$2,172 +9.2%$175,600 +29.4%
    2003$1,989 +2.6%$135,700 +7.9%
    2002$1,939 +1.1%$125,800 +6.4%
    2000$1,918 +24.6%$118,200 +1.9%
    1996$1,539 $116,000
    Find assessor info on the county website

    Neighborhood: 02740

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $591,800
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    Estimated market value
    $591,800