498-500 S 2nd St New Bedford, MA ^$ 699,000

498-500 S 2nd St

^$ 699,000

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498-500 S 2nd St

New Bedford, MA, 02744

^$ 699,000

Bedrooms10 Baths5.0 Sq 4,485

Monthly Estimate*

^$ 4,828

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Multi-Family Home for sale in New Bedford, MA

for $699,000 with 10 bedrooms and 5 full baths. This 4,485 square foot home was built in 1920 on a lot size of 0.15.

Two buildings, one opportunity—all for $699,000! 498 and 500 South Second Street offer two multifamily buildings on one parcel. The two-family features two 2-bedroom units, while the three-family includes two 2-bedroom units and an unfinished third-floor unit with a 2-bedroom layout, gutted to the studs and ready for your vision. Both buildings have roofs replaced within the last three years and newer hot water tanks, with updated electrical at 500. Off-street parking adds convenience, with potential for additional rear parking, subject to City approval. Bring your ideas and explore the possibilities!

Multi-Family Active

Price

^$ 699,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 6,638

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.15

Year Built

1920

Town/City

New Bedford

County/Region

Bristol

MLS | Web ID

73601677

List By

Colleen Keefe

Listing Agent

Keller Williams South Watuppa

Broker

Affordability Calculator

$5,381

Per Month

Monthly Principal & Interest: $4,828
Monthly Property Taxes: $553
Monthly Home Insurance: --

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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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Trends

Multi-family listings in New Bedford, MA

Average List Price ^$603,701

Percent of Sale Price 14%

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
11/12/2026	$699,000		Listed Price

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498-500 S 2nd St, New Bedford, MA, 02744 is a Multi-Family Home for sale at $699,000 with 4,485 sqft and a lot size of 0.15. 498-500 S 2nd St has 10 bedrooms, 5.0 baths, and was built in 1920. The property's zip code is 02744 which is in New Bedford, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Data is updated as of 11/13/2026.

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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498-500 S 2nd St

Multi-Family Home for sale in New Bedford, MA

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