For sale

Price cut: $65K (8/5)

$430,000

38 Purchase St, Milford, MA 01757

3beds

2,296sqft

$2,863/mo

Get pre-qualified

Multi Family

Built in 1877

-- sqft lot

$426,100 Zestimate^®

$187/sqft

$-- HOA

What's special

Strong investment opportunity for contractors, value-add buyers, or an owner-occupant seeking income potential. This multi-family property offers excellent upside whether you plan to live in one unit and rent the others, pursue a flip, expand a rental portfolio, or explore a possible condo conversion. The home requires updating and restoration, making it well-suited for buyers looking to reposition a property and maximize returns. It is located near the town park with fitness areas, tennis courts, and basketball courts, as well as local schools, Milford Rail Trail Bike path and Milford Regional Medical Center. The location also provides easy access to I-495, Route 16, and Route 140. Property will be delivered vacant, and this is not a bank-owned property. Property is being sold AS IS. Seller may accept or reject any offer at their discretion. Book showings showing time or text list agent direct

32 days

1,695

74

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Electric

Cooling

None

Appliances

Included: Range, Microwave, Refrigerator, Washer, Dryer
Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Features

Walk-Up Attic, Living Room, Dining Room, Kitchen
Flooring: Wood, Carpet, Varies, Laminate, Hardwood
Has basement: No
Number of fireplaces: 1

Interior area

Total structure area: 2,296
Total interior livable area: 2,296 sqft
Finished area above ground: 2,296

Property

Parking

Total spaces: 4
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 4

Features

Patio & porch: Porch, Patio

Lot

Size: 0.28 Acres
Features: Gentle Sloping

Details

Parcel number: 1616229
Zoning: RES

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Granite
Roof: Shingle

Condition

Year built: 1877

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup

Green energy

Energy efficient items: Thermostat, Varies per Unit

Community & HOA

Location

Region: Milford

Financial & listing details

Price per square foot: $187/sqft
Tax assessed value: $521,300
Annual tax amount: $6,673
Date on market: 7/25/2026
Exclusions: Personal Property
Total actual rent: 1000

Estimated market value

$426,100

$405,000 - $447,000

$2,762/mo

Price history

Date	Event	Price
8/5/2026	Price change	$430,000-13.1%$187/sqft
Source: MLS PIN #73551085 Report a problem
7/25/2026	Listed for sale	$495,000+332.3%$216/sqft
Source: MLS PIN #73551085 Report a problem
11/9/1995	Sold	$114,500-21%$50/sqft
Source: Public Record Report a problem
5/29/1990	Sold	$145,000-19.4%$63/sqft
Source: Public Record Report a problem
3/17/1989	Sold	$179,900$78/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,673 +2.7%	$521,300 +6.6%
2024	$6,499 +5.9%	$489,000 +15.1%
2023	$6,137 +5.3%	$424,700 +12.1%
2022	$5,828 +8.4%	$378,700 +12.6%
2021	$5,374 +2.3%	$336,300 +2.2%
2020	$5,254 +9%	$329,200 +12.9%
2019	$4,821 +7.6%	$291,500 +7.8%
2018	$4,479 +2.8%	$270,500 +4.2%
2017	$4,359 -2.1%	$259,600 +0.2%
2016	$4,453 +2.1%	$259,200 +4.3%
2015	$4,361 +9.4%	$248,500 +10.3%
2014	$3,986 +2.2%	$225,300 -2.1%
2013	$3,900 +5.5%	$230,100 +0.7%
2012	$3,695 -0.8%	$228,500 -6.6%
2011	$3,723 +2.1%	$244,600 -5.6%
2010	$3,648 -12.8%	$259,100 -22.4%
2009	$4,185 +0.2%	$334,000 -5.6%
2008	$4,177 +4.8%	$354,000 -3.2%
2007	$3,985 +16.4%	$365,600 +21.2%
2006	$3,423 +4.6%	$301,600 +9.1%
2005	$3,271 +0.6%	$276,500 +1.6%
2004	$3,250 +49.2%	$272,200 +67%
2003	$2,178 +3.1%	$163,000 +10.2%
2002	$2,112 +27%	$147,900 +44.9%
1998	$1,663	$102,100