2 Family - 2 Units Side by Side at 1523-1525 Padanaram Ave, New Bedford MA 02740
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37 photos

$949,000

1523-1525 Padanaram Ave, New Bedford MA 02740
New Bedford, MA 02740
Listed by Lisa Arruda
Bedrooms
6
Bathrooms
3
Living area
2,980 sqft
Year built
1989

About this home

Don't miss this rare opportunity to own a well-maintained duplex directly across the street from the ocean. Whether you're looking for a multi-generational home, an income-producing investment property, or the perfect owner-occupied residence with rental income, this versatile property offers endless possibilities with ocean views and refreshing sea breezes right from your doorstep. Unit 1- 3 Brms, 1 full bath, newly remodeled kitchen with Marble counters and island, lower level plumbed for a 2nd bathroom, 1 car garage. Unit 2- 3 Brms, 2 full baths 1 car garage.

Highlights

View

Property details

MLS
MLS Property Information Network
MLS #
73557720
Property type
2 Family - 2 Units Side by Side
Subdivision
N/A
Status
Active
Days on market
89
On market date
July 31, 2026
Stories
4
Total bathrooms
3
Garage spaces
2
Parking spaces
4
Lot size
0.18 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 B Devalles
0.5 mi away · Grades 0-5
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
310
Student:teacher ratio
12.4:1
District
New Bedford
Middle
Roosevelt Middle School
1.04 mi away · Grades 6-8
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
796
Student:teacher ratio
10.6:1
District
New Bedford
High
Whaling City Junior/Senior High School
1.62 mi away · Grades 7-12
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
67
Student:teacher ratio
4.5:1
District
New Bedford

Walkability

Blended score for New Bedford'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).

95
Highly walkable
out of 100
EPA National Walkability Index
18.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores13
Parks13
Schools14
Transit stops20
Pharmacies7

Market position

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

On the market 89 days -- 47 fewer days than New Bedford's current average of 136 days.
For reference, the median list price across 569 active listings in New Bedford right now is $430,000.

Mortgage calculator

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Est. monthly payment
$5,865/mo
$189,800 down
$759,200 loan
Principal & interest$4,924
Property tax (est.)$791
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 12 days ago.

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.