5-7 Forest Ave Plymouth, MA $ 1,675,000
5-7 Forest Ave
$ 1,675,000
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5-7 Forest Ave

Plymouth, MA, 02360
$ 1,675,000
Bedrooms12 Baths6.0 Sq 5,207

Monthly Estimate*

$ 11,569

5-7 Forest Ave, Plymouth, MA 02360 - Image 1

Multi-Family Home for sale in Plymouth, MA

for $1,675,000 with 12 bedrooms and 6 full baths. This 5,207 square foot home was built in 1900 on a lot size of 0.27.

Marcus & Millichap is pleased to present 5-7 Forest Avenue, a six-unit multifamily property in Plymouth, Massachusetts, offered at $1,675,000. The three-story building sits on a 0.27-acre lot near Plymouth Center and consists entirely of two-bedroom, one-bath apartments of roughly 900 square feet each, with on-site laundry, 10 off-street parking spots, and a rear yard with patio.The property is priced at an 8.01% cap rate on current income, or $279,167 per unit. In-place rents average $2,550, about 5% below the $2,695 market rent, giving a buyer roughly $10,400 in annual upside as units turn over and an 8.58% cap rate at market. With 25% down at current rates, the asset produces positive leverage from day one, with a 9.28% cash-on-cash return and a 1.41 debt coverage ratio.The surrounding area supports steady rental demand. Nearly half of households within one mile rent, and the five-mile median household income is $115,913. The local employment base is anchored by healthcare and public employers, including Beth Israel Deaconess Hospital–Plymouth and Mass General Brigham.

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Multi-Family Active

Price

$ 1,675,000

Bedrooms

12

Full Bath

6

Property Type

Multi-Family

Taxes

$ 10,539

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.27

Year Built

1900

Town/City

Plymouth

County/Region

Plymouth

MLS | Web ID

73598062

List By
Matthew Balitskiy

Listing Agent

Marcus & Millichap Real Estate Investment Services

Broker

Affordability Calculator

$12,447
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,569
Monthly Property Taxes
$878
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Pricing History
DatePricePrice ChangeDescription
11/3/2026$1,675,000 Listed Price

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5-7 Forest Ave, Plymouth, MA, 02360 is a Multi-Family Home for sale at $1,675,000 with 5,207 sqft and a lot size of 0.27. 5-7 Forest Ave has 12 bedrooms, 6.0 baths, and was built in 1900. The property's zip code is 02360 which is in Plymouth, MA