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
Price cut: $5K (8/5)
$454,000
155 Purchase St, New Bedford, MA 02740
6beds
2,039sqft
Multi Family
Built in 1890
-- sqft lot
$451,600 Zestimate®
$223/sqft
$-- HOA
What's special
- 68 days |
- 662 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
Michael Alves 401-523-9555,
REMAX Revolution
Source: StateWide MLS RI,MLS#: 1415894
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: $223/sqft
- Tax assessed value: $367,500
- Annual tax amount: $4,156
- Date on market: 6/19/2026
- Total actual rent: 0
Estimated market value
$451,600
$429,000 - $474,000
$1,914/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Pending sale | $454,000$223/sqft |
Source: MLS PIN #73545160 Report a problem | ||
| 8/5/2026 | Price change | $454,000-1.1%$223/sqft |
Source: MLS PIN #73545160 Report a problem | ||
| 7/31/2026 | Listed for sale | $459,000$225/sqft |
Source: MLS PIN #73545160 Report a problem | ||
| 7/28/2026 | Pending sale | $459,000$225/sqft |
Source: MLS PIN #73545160 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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