Multi Family at 38 Purchase St, Milford MA 01757
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25 photos

$430,000

38 Purchase St, Milford MA 01757
Milford, MA 01757
Listed by Donna Lapointe
Bedrooms
3
Bathrooms
2
Living area
2,296 sqft
Year built
1877

About this home

Strong investment opportunity for contractors, value-add buyers, or an owner-occupant seeking income potential. This multi-family property offers excellent upside whether you plan to live in one unit and rent the others, pursue a flip, expand a rental portfolio, or explore a possible condo conversion. The home requires updating and restoration, making it well-suited for buyers looking to reposition a property and maximize returns. It is located near the town park with fitness areas, tennis courts, and basketball courts, as well as local schools, Milford Rail Trail Bike path and Milford Regional Medical Center. The location also provides easy access to I-495, Route 16, and Route 140. Property will be delivered vacant, and this is not a bank-owned property. Property is being sold AS IS. Seller may accept or reject any offer at their discretion. Book showings showing time or text list agent direct

Highlights

Fireplace

Property details

MLS
MLS Property Information Network
MLS #
73551085
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
88
On market date
July 25, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
4
Lot size
0.28 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
Memorial
0.27 mi away · Grades 0-2
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
491
Student:teacher ratio
12.6:1
District
Milford
Middle
Stacy Middle
0.39 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
1,008
Student:teacher ratio
12.8:1
District
Milford
High
Milford High
0.72 mi away · Grades 9-12
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
1,278
Student:teacher ratio
13.0:1
District
Milford

Walkability

Blended score for Milford'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).

69
Walkable
out of 100
EPA National Walkability Index
9.7 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks11
Schools10
Transit stops12
Pharmacies4

Market position

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

On the market 88 days -- 33 fewer days than Milford's current average of 121 days.
For reference, the median list price across 156 active listings in Milford right now is $488,450.

Mortgage calculator

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

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Est. monthly payment
$2,740/mo
$86,000 down
$344,000 loan
Principal & interest$2,231
Property tax (est.)$358
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 9, 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.