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392-394 Shaw St New Bedford — Photo 1 of 27

392-394 Shaw St New Bedford — Photo 1 of 27

Recent Drop: $10,000

$799,999
$789,999

$789,999

Investment Analysis — 392-394 Shaw St

New Bedford, MA 02745

Based on rent reported on the MLS listing, a 4-unit multi-family in 02745 carries $2,900/mo in gross rent — about a 2.62% cap rate and $20,726/yr in estimated NOI at the $789,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

4

SqFt

3,372

Style

4 Family

Built

1910

Multi-Family Opportunity in the Heart of New Bedford! Perfectly located near the brand-new train station, this income-producing property is ready for its next owner to start cash flowing from day one. Featuring numerous recent upgrades throughout, this well-maintained multi-family home offers the ideal blend of modern updates and long-term investment potential. Each unit has been thoughtfully cared for, making this a true move-in-ready property for both investors and owner-occupants alike. Outside, enjoy a spacious backyard designed for entertaining, relaxing, or hosting summer gatherings. The property also includes two off-street parking spaces. An added highlight is the unfinished attic space, offering exciting potential for a possible 5th unit expansion or additional living space, subject to buyer due diligence and city approvals. This opens the door for even greater income potential and future value growth. Schedule your showing today!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$799,999
Annual Taxes$5,722

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms16
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningRC

Property & Lot

Acres0.09
SqFt Lot3,999
Lot FeaturesOther

Geography

Property History

Price Drop
$789,999

Was $799,999

Jun 25, 2026

MLS® 73523133

Listed
$799,999

May 22, 2026

MLS® 73523133

Listing Provided By

Listing Agent: Taylor Khoury

Listing Office: Ponte & Associates Real Estate Inc.

MLS® Number: 73523133