For sale

$425,000

431 Rivet St, New Bedford, MA 02740

4beds

2,059sqft

$2,880/mo

Get pre-qualified

Multi Family

Built in 1888

-- sqft lot

$426,000 Zestimate^®

$206/sqft

$-- HOA

What's special

Discover the potential of this conveniently located two-family home offering a total of 4 bedrooms and 2 full bathrooms! Whether you're looking to expand your investment portfolio or explore an owner-occupied opportunity, this property offers flexibility and potential. The second-floor unit is completely vacant, with the possibility of the first-floor unit being delivered vacant as well. Ideally situated just minutes from major highways, local beaches, the scenic Harbor Walk, and beloved New Bedford staples like Dairy Maid and The Cove, you'll enjoy easy access to some of the city's favorite destinations. Don't miss your opportunity to make this versatile two-family property your own!

14 days
570
14

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,059
Total interior livable area: 2,059 sqft
Finished area above ground: 2,059

Property

Features

Waterfront features: Ocean

Lot

Size: 1,830 Square Feet
Features: Cleared

Details

Parcel number: M:0028 L:0378,2886841
Zoning: MUB

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Stone

Condition

Year built: 1888

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: New Bedford

Financial & listing details

Price per square foot: $206/sqft
Tax assessed value: $384,600
Annual tax amount: $4,350
Date on market: 10/30/2026
Total actual rent: 0

Estimated market value

$426,000

$405,000 - $447,000

$1,972/mo

Price history

Date	Event	Price
10/30/2026	Listed for sale	$425,000+242.7%$206/sqft
Source: MLS PIN #73597025 Report a problem
7/12/2002	Sold	$124,000$60/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,350 +14.5%	$384,600 +21.4%
2024	$3,800 +4.1%	$316,700 +24%
2023	$3,651 +14.9%	$255,500 +24.9%
2022	$3,178 +0.7%	$204,500 +1%
2021	$3,157 +7.2%	$202,500 +11.1%
2020	$2,944 +2.7%	$182,200 +4.7%
2019	$2,866 +7.3%	$174,000 +8.3%
2018	$2,671 +11.9%	$160,600 +12.3%
2017	$2,387 +3%	$143,000 +1.7%
2016	$2,318 +5.9%	$140,600 +1.1%
2015	$2,188 +3.5%	$139,100 -0.3%
2014	$2,115 -4.6%	$139,500 -9.9%
2013	$2,218	$154,800 -4%
2012	$2,218 +1.8%	$161,200 -4.7%
2011	$2,179 -5.5%	$169,200 -11.7%
2010	$2,305 +2.9%	$191,600 -2%
2009	$2,240 +2.5%	$195,600 -5.6%
2008	$2,185 +1.6%	$207,100 -0.7%
2007	$2,151 +9.1%	$208,600 +15.1%
2006	$1,971 +23.5%	$181,300 +29.1%
2005	$1,596 +6.5%	$140,400 +15.9%
2004	$1,498 +9.2%	$121,100 +29.4%
2003	$1,372 +25.5%	$93,600 +32%
2002	$1,093 +3.3%	$70,900 +8.7%
2000	$1,058 +0.2%	$65,200 -18.1%
1996	$1,056	$79,600