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Sold for $1,323,000
  • $1,323,000

    48 Walker Street, Falmouth, MA 02540

    10beds
    4,072sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $325/sqft
    $2,125 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,125/mo

    Zestimate® history
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    What's special

    7-unit Multi-Family Property Steps from iconic Main Street Falmouth. Discover the perfect investment opportunity with this multi-family property. Whether you are searching for lucrative rental income, a family compound, a redevelopment opportunity or a combination of all the above, this property offers endless possibilities. This property has 6 units in the Main House and 1 detached Guest Cottage. Located a mere 500 feet to Main Street this property is a short stroll to all the shops, restaurants, art galleries, cafes and spas that make downtown Falmouth so very special. The property is less than .6 miles to The Shining Sea Bikeway, .7 miles to Surf Drive Beach, and .9 miles to Falmouth Harbor. The property has 6 one-bedroom units and a 4-bedroom unit. It is rare that a property with such potential becomes available in such a highly desirable area of Falmouth. The property has a passing 10-bedroom Title V report. Opportunity is knocking so close to town! This is truly an opportunity not to be missed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Annie Hart Cool Team 508-868-0664,

    Sotheby's International Realty

    Bought with:

    Buyer Unrepresented

    cci.UnrepBuyer

    Source: CCIMLS,MLS#: 22500651MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Natural Gas, Oil
    Cooling
    • None
    Appliances
    • Included: Electric Range, Refrigerator, Oil, Natural Gas, Water Heater
    Features
    • None
    • Flooring: Hardwood, Vinyl, Laminate, Tile, Carpet
    • Basement: Full
    Interior area
    • Total structure area: 4,072
    • Total interior livable area: 4,072 sqft

    Property

    Parking
    • Parking features: Assigned, Driveway, Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck
    Lot
    • Size: 0.32 Acres
    • Features: Gentle Sloping
    Details
    • Parcel number: 47A 12 082 002
    • Special conditions: Estate Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Aluminum Siding
    • Roof: Asphalt,Pitched
    Condition
    • Year built: 1900

    Utilities & green energy

    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    • Amenities included: Beach Access, Trash
    Location
    • Region: Falmouth

    Financial & listing details

    • Price per square foot: $325/sqft
    • Tax assessed value: $1,107,100
    • Annual tax amount: $6,239
    • Date on market: 2/24/2025
    • Cumulative days on market: 129 days

    Price history

    DateEventPrice
    7/25/2026Listing removed$1,900
    Source: Douglas Elliman Report a problem
    5/7/2026Price change$1,900-9.5%
    Source: Douglas Elliman Report a problem
    4/16/2026Price change$2,100-6.7%$1/sqft
    Source: Douglas Elliman Report a problem
    3/5/2026Listed for rent$2,250$1/sqft
    Source: Douglas Elliman Report a problem
    9/2/2025Sold$1,323,000-16.3%$325/sqft
    Source: CCIMLS #22500651 Report a problem
    7/3/2025Contingent$1,580,000$388/sqft
    Source: MLS PIN #73336984 Report a problem
    7/3/2025Pending sale$1,580,000$388/sqft
    Source: CCIMLS #22500651 Report a problem
    6/18/2025Price change$1,580,000-9.7%$388/sqft
    Source: CCIMLS #22500651 Report a problem
    3/19/2025Price change$1,750,000-11.4%$430/sqft
    Source: MLS PIN #73336984 Report a problem
    2/20/2025Listed for sale$1,975,000$485/sqft
    Source: MLS PIN #73336984 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,733 +7.9%$1,147,000 +15.4%
    2024$6,240 +3.1%$993,600 +13.6%
    2023$6,052 -7%$874,600 +8.2%
    2022$6,507 +1.6%$808,300 +7.3%
    2021$6,404 +1.7%$753,400 +2.8%
    2020$6,298 +2.7%$733,200 +2.3%
    2019$6,134 +8.7%$716,600 +9.2%
    2018$5,642 +3.8%$656,100 +2.9%
    2017$5,437 +8.7%$637,400 +6.7%
    2016$5,001 +2.2%$597,500
    2015$4,894 +5.3%$597,500 +4.8%
    2014$4,648 +3.8%$570,300 +2.4%
    2013$4,480 +8.1%$557,200 +4.6%
    2012$4,145 +1.5%$532,800 -6.1%
    2011$4,085 +1.3%$567,400 -5.1%
    2010$4,034 +1.7%$597,700 -8.3%
    2009$3,965 +2.2%$652,100 -5.1%
    2008$3,880 +24%$686,800 +15.2%
    2007$3,130 +7.1%$596,200 +10.8%
    2006$2,923 +5.3%$538,300 +13.1%
    2005$2,776 -8.6%$476,100 +18.9%
    2004$3,036 +2.5%$400,500 +7.7%
    2003$2,961 -0.5%$372,000 +43.3%
    2000$2,975 $259,600
    Find assessor info on the county website

    Neighborhood: 02540

    Nearby schools

    GreatSchools rating
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