4 Family at 218 South Ave, Whitman MA 02382
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$1,239,000

218 South Ave, Whitman MA 02382
Whitman, MA 02382
Listed by John Heffernan
Bedrooms
8
Bathrooms
4
Living area
3,511 sqft
Year built
1900

About this home

Exceptional opportunity to own this well-maintained 4-family property offering strong rental income, recent updates, and outstanding investment potential. Whether you’re looking to expand your portfolio or occupy one unit while generating income from the others, this property checks all the boxes.The first-floor unit occupies the entire level and features a spacious layout with three bedrooms, a bright living room, a separate eat-in kitchen, and a full bathroom. The second floor is divided into two units. Unit 2 offers a comfortable living room, eat-in kitchen, one bedroom, and a full bath. Unit 3 features an efficient open-concept kitchen and living area, one bedroom, and a full bathroom. The fourth unit encompasses the entire third floor and includes two bedrooms, a living room, kitchen, and full bathroom, providing a private and spacious living space.Each unit has been well cared for and offers desirable floor plans that appeal to tenants. Units 1, 2, and 3 each have separate gas meters, electrical panels, gas-fired boilers for heat, and individual hot water tanks. Unit 4 also has its own gas meter, electrical panel, and hot water tank, along with newer electric baseboard heat and a newer in-unit gas-fired heater.Recent improvements provide peace of mind for the next owner, including a new roof installed in 2023 and numerous updates throughout the property. Ample off-street parking adds convenience and further enhances the property’s appeal.Strong in-place rental income, separate utilities, low-maintenance systems, and recent capital improvements make this an excellent turnkey investment. For owner-occupants, the flexible layout provides the opportunity to live in one unit while the rental income from the remaining apartments helps offset your mortgage and expenses.Conveniently located near shopping, restaurants, public transportation, schools, and major commuter routes, this property offers lasting value in a high-demand rental market. Whether you’re a seasoned investor or purchasing your first multi-family, this is a rare opportunity to own a solid income-producing asset with immediate cash flow and long-term upside.Property Highlights:• 4 Well-Maintained Units• Strong Rental Income• Excellent Owner-Occupied or Investment Opportunity• Separate Utilities• New Roof (2023)• Updated Systems• Ample Off-Street Parking• Desirable Unit Layouts• Convenient Location Near Shopping, Dining, Public Transportation & Major Highways

Property details

MLS
MLS Property Information Network
MLS #
73554446
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
90
On market date
July 23, 2026
Stories
2
Total bathrooms
4
Garage spaces
N/A
Parking spaces
14
Lot size
0.27 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
John H Duval
0.75 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
417
Student:teacher ratio
11.9:1
District
Whitman-Hanson
Middle
Whitman Middle
1.44 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
513
Student:teacher ratio
13.9:1
District
Whitman-Hanson
High
Whitman Hanson Regional
1.41 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,087
Student:teacher ratio
15.1:1
District
Whitman-Hanson

Walkability

Blended score for Whitman's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
12.2 / 20 -- Above average walkable
Google Places amenity density
78 / 100
Restaurants & cafes20
Grocery stores2
Parks8
Schools7
Transit stops1
Pharmacies1

Market position

How this listing compares to current activity in Whitman, from live MLS data.

On the market 90 days -- 22 more days than Whitman's current average of 68 days.
For reference, the median list price across 89 active listings in Whitman right now is $478,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$7,611/mo
$247,800 down
$991,200 loan
Principal & interest$6,429
Property tax (est.)$1,033
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.