Multi Family at 431 Rivet St, New Bedford MA 02740
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$425,000

431 Rivet St, New Bedford MA 02740
New Bedford, MA 02740
Listed by Gary Gagne Jr.
Bedrooms
4
Bathrooms
2
Living area
2,059 sqft
Year built
1888

About this home

Discover the potential of this conveniently located two-family home offering a total of 4 bedrooms and 2 full bathrooms! Whether you're looking to expand your investment portfolio or explore an owner-occupied opportunity, this property offers flexibility and potential. The second-floor unit is completely vacant, with the possibility of the first-floor unit being delivered vacant as well. Ideally situated just minutes from major highways, local beaches, the scenic Harbor Walk, and beloved New Bedford staples like Dairy Maid and The Cove, you'll enjoy easy access to some of the city's favorite destinations. Don't miss your opportunity to make this versatile two-family property your own!

Property details

MLS
MLS Property Information Network
MLS #
73597025
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 30, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.04 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
James B Congdon
0.14 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
270
Student:teacher ratio
11.3:1
District
New Bedford
Middle
Roosevelt Middle School
1.23 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
1.04 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).

83
Highly walkable
out of 100
EPA National Walkability Index
14.3 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks11
Schools16
Transit stops20
Pharmacies5

Market position

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

On the market 2 days -- 135 fewer days than New Bedford's current average of 137 days.
For reference, the median list price across 577 active listings in New Bedford right now is $425,000.

Mortgage calculator

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

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Adjust tax / insurance estimates
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Est. monthly payment
$2,709/mo
$85,000 down
$340,000 loan
Principal & interest$2,205
Property tax (est.)$354
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 3 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.