Mixed-Use / Multifamily Opportunity ?? 155 Purchase St, New Bedford, MA 02740 Opportunity to acquire a versatile mixed-use zoned property in the heart of New Bedford. Situated in the MUB (Mixed-Use Business) zoning district, this property offers strong income potential with existing residential units and future redevelopment flexibility. The property currently features a spacious 4-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, making it ideal for investors, owner-occupants, or developers looking to maximize value in a growing market. Conveniently located near downtown, the waterfront, local shops, restaurants, and major transportation routes. Property Highlights: Total Building Size: 3,520 SF Lot Size: 0.1037 Acres Zoning: MUB (Mixed-Use Business) Two residential units Unit 1: 4 Bedrooms | 2 Bathrooms Unit 2: 2 Bedrooms | 1 Bathroom Strong income-producing potential Flexible mixed-use and redevelopment possibilities Prime location near downtown and waterfront amenities Ideal for investors, owner-users, or value-add opportunities
For sale
$459,000
155 Purchase St, New Bedford, MA 02740
6beds
2,039sqft
Multi Family
Built in 1890
-- sqft lot
$465,200 Zestimate®
$225/sqft
$-- HOA
What's special
- 21 days |
- 804 |
- 58 |
Zillow last checked:
Listing updated:
Listed by:
Michael Alves 401-523-9555,
REMAX Revolution
Source: StateWide MLS RI,MLS#: 1415894
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Baseboard
Cooling
- Individual Unit
Features
- Flooring: Hardwood
- Basement: Full,Walk-Out Access,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 3,250
- Total interior livable area: 2,039 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Stories: 2
Lot
- Size: 418 Square Feet
Details
- Parcel number: NEWBM0030L0140
- Zoning: MUB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Electric: 3 Phase
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Bedford
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $367,500
- Annual tax amount: $4,156
- Date on market: 6/19/2026
- Total actual rent: 0
Estimated market value
$465,200
$442,000 - $488,000
$2,211/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Listed for sale | $459,000+45.7%$225/sqft |
Source:  StateWide MLS RI #1415894 Report a problem | ||
| 5/16/2023 | Listing removed | $315,000$154/sqft |
Source: MLS PIN #73081903 Report a problem | ||
| 4/14/2023 | Listed for sale | $315,000$154/sqft |
Source: MLS PIN #73081903 Report a problem | ||
| 3/18/2023 | Contingent | $315,000$154/sqft |
Source: MLS PIN #73081903 Report a problem | ||
| 2/25/2023 | Listed for sale | $315,000$154/sqft |
Source: MLS PIN #73081903 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,156 +24.6% | $367,500 +32.2% |
| 2024 | $3,335 +23.7% | $277,900 +47.3% |
| 2023 | $2,697 +13% | $188,700 +22.9% |
| 2022 | $2,387 -0.3% | $153,600 |
| 2021 | $2,395 +2.1% | $153,600 +5.8% |
| 2020 | $2,346 +2% | $145,200 +3.9% |
| 2019 | $2,301 +4.4% | $139,700 +5.4% |
| 2018 | $2,205 +8.7% | $132,600 +9.1% |
| 2017 | $2,028 +2.2% | $121,500 +1% |
| 2016 | $1,984 +5.2% | $120,300 +0.3% |
| 2015 | $1,886 +3.6% | $119,900 -0.2% |
| 2014 | $1,821 -6.1% | $120,100 -11.2% |
| 2013 | $1,939 +0.2% | $135,300 -3.8% |
| 2012 | $1,935 +3% | $140,600 -3.6% |
| 2011 | $1,878 -4.9% | $145,800 -11.2% |
| 2010 | $1,975 +2.8% | $164,200 -2.1% |
| 2009 | $1,921 +3.6% | $167,800 -4.5% |
| 2008 | $1,854 -9.5% | $175,700 -11.6% |
| 2007 | $2,049 +20.5% | $198,700 +27% |
| 2006 | $1,700 +13.6% | $156,400 +18.8% |
| 2005 | $1,496 +4.1% | $131,600 +13.3% |
| 2004 | $1,437 +24.2% | $116,200 +47.3% |
| 2003 | $1,157 +7.4% | $78,900 +12.9% |
| 2002 | $1,077 +10.8% | $69,900 +16.7% |
| 2000 | $972 +4.7% | $59,900 -14.3% |
| 1996 | $928 | $69,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 02740
Nearby schools
GreatSchools rating
- NARenaissance Community School For The ArtsGrades: PK-5Distance: 0.3 mi
- 3/10Roosevelt Middle SchoolGrades: 6-8Distance: 1.1 mi
- 1/10New Bedford High SchoolGrades: 9-12Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Massachusetts
- Bristol County
- New Bedford
- 02740
- 155 Purchase St
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