194-R Riverside Ave New Bedford, MA ^$ 1,600,000

194-R Riverside Ave

^$ 1,600,000

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194-R Riverside Ave

New Bedford, MA, 02746

^$ 1,600,000

Studio Baths0.0 Sq 26,910

Monthly Estimate*

^$ 9,851

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Studio

Multi-Family Home for sale in New Bedford, MA

for $1,600,000. This 26,910 square foot home was built in 1925 on a lot size of 2.91.

Presenting an exceptional opportunity to convert this industrial building into multi-family property located at 194-R Riverside Ave, New Bedford, MA. Constructed in 1925, this expansive residence offers a substantial 26,910 square feet of protentional living area, providing significant space for diverse residential configurations or strategic investment. Spanning two stories, the property is situated on a generous 126,759 square foot lot, offering considerable outdoor space and development opportunities. This distinguished property represents a compelling opportunity for discerning buyers seeking a significant multi-family asset in New Bedford. See attached due diligence progress. This property is located along the city's future Riverwalk Development initiative.

Multi-Family Active

Price

^$ 1,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 17,371

Style

5-9 Family

Lot Size

2.91

Year Built

1925

Town/City

New Bedford

County/Region

Bristol

MLS | Web ID

73519513

List By

Jason P. Lanagan

Listing Agent

Lanagan & Co

Broker

Affordability Calculator

$11,299

Per Month

Monthly Principal & Interest: $9,851
Monthly Property Taxes: $1,448
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in New Bedford, MA

Average List Price ^$657,628

Percent of Sale Price 59%

About New Bedford, MA

97,216 Population

4% Since 2002

^$38,714 Median Income

38.73 Median Age

28% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/14/2026	$1,600,000		Listed Price

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194-R Riverside Ave, New Bedford, MA, 02746 is a Multi-Family Home for sale at $1,600,000 with 26,910 sqft and a lot size of 2.91. 194-R Riverside Ave is a studio with 0.0 baths and was built in 1925. The property's zip code is 02746 which is in New Bedford, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/17/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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194-R Riverside Ave

Multi-Family Home for sale in New Bedford, MA

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