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Sold for $700,000
  • $700,000

    355 Palmer Avenue, Falmouth, MA 02540

    6beds
    1,876sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $701,100 Zestimate®
    $373/sqft
    $2,467 Estimated rent

    Home value

    $701,100

    $645,000 - $764,000

    $2,467/mo

    Zestimate® history
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    $4,337/mo

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    What's special

    Spacious yardAdditional storage
    Exceptional investment opportunity in the heart of Falmouth! This three-unit residential property offers 6 bedrooms, 3 full baths, and is situated on a generous ½-acre lot in a desirable area. Ample off-street parking for 4-6 vehicles, a spacious yard, and additional storage enhance the property's appeal for owners and tenants alike. Ideally located just minutes from Falmouth Hospital, the Shining Sea Bikeway, Steamship Authority parking, public transportation, downtown shopping, restaurants, beaches, and major commuter routes. Whether you're seeking a strong income-producing property, multi-generational living, or future investment potential, this versatile offering presents an outstanding opportunity in one of Cape Cod's most sought-after locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    O'Neill Group 508-524-7325,

    Berkshire Hathaway HomeServices Robert Paul Properties

    Bought with:

    Guthrie Schofield Group

    Berkshire Hathaway HomeServices Robert Paul Properties

    Source: CCIMLS,MLS#: 22603379MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Oil
    Cooling
    • None
    Appliances
    • Included: Oil, Water Heater
    Features
    • Flooring: Vinyl, Carpet
    • Basement: Partial
    Interior area
    • Total structure area: 1,876
    • Total interior livable area: 1,876 sqft

    Property

    Parking
    • Parking features: Driveway, Gravel
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 0.52 Acres
    Details
    • Parcel number: FALM M:0038 B:0004 L:0003
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Shingle Siding
    • Roof: Asphalt
    Condition
    • Year built: 1940

    Utilities & green energy

    • Water: Public

    Community & HOA

    Location
    • Region: Falmouth

    Financial & listing details

    • Price per square foot: $373/sqft
    • Tax assessed value: $616,800
    • Annual tax amount: $3,534
    • Date on market: 7/13/2026
    • Cumulative days on market: 50 days

    Price history

    DateEventPrice
    10/13/2026Sold$700,000-4%$373/sqft
    Source: CCIMLS #22603379 Report a problem
    9/1/2026Pending sale$729,000$389/sqft
    Source: MLS PIN #73548816 Report a problem
    8/6/2026Price change$729,000-2.8%$389/sqft
    Source: CCIMLS #22603379 Report a problem
    7/13/2026Listed for sale$750,000+102.7%$400/sqft
    Source: MLS PIN #73548816 Report a problem
    5/29/2014Sold$370,000-7.3%$197/sqft
    Source: CCIMLS #21308046 Report a problem
    10/6/2013Listed for sale$399,000+9.3%$213/sqft
    Source: Green Pond Realty #21308046 Report a problem
    8/14/2012Listing removed$365,000$195/sqft
    Source: Kinlin Grover Real Estate #71360924 Report a problem
    4/3/2012Listed for sale$365,000-8.5%$195/sqft
    Source: Kinlin Grover Real Estate #71360924 Report a problem
    1/1/2012Listing removed$399,000$213/sqft
    Source: Upper Cape Realty #71209785 Report a problem
    4/3/2011Listed for sale$399,000$213/sqft
    Source: Donald Angus #71209785 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,627 +5.4%$617,900 +12.8%
    2024$3,441 +3.8%$547,900 +14.4%
    2023$3,314 -8.6%$478,900 +6.4%
    2022$3,625 +1.9%$450,300 +7.7%
    2021$3,556 +2.3%$418,300 +3.4%
    2020$3,476 +2.7%$404,700 +2.3%
    2019$3,385 +7.4%$395,500 +7.9%
    2018$3,151 +4%$366,400 +3.2%
    2017$3,030 +1.9%$355,200
    2016$2,973 +2.2%$355,200
    2015$2,909 +7.7%$355,200 +7.2%
    2014$2,700 +1.5%$331,300 +0.2%
    2013$2,660 +7.4%$330,800 +3.9%
    2012$2,476 +3%$318,300 -4.7%
    2011$2,405 +4.3%$334,000 -2.3%
    2010$2,306 +21.8%$341,700 +9.7%
    2009$1,893 +10.3%$311,400 +2.5%
    2008$1,717 $303,900 -7.1%
    2007$1,717 +1.7%$327,000 +5.1%
    2006$1,689 +7.4%$311,100 +15.3%
    2005$1,573 +17.8%$269,800 +53.2%
    2004$1,335 +4.1%$176,100 +9.3%
    2003$1,282 +12.2%$161,100 +61.6%
    2000$1,143 $99,700
    Find assessor info on the county website

    Neighborhood: 02540

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $701,100

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $701,100