311 Purchase St, New Bedford MA 02740
New Bedford, MA 02740
$499,900
$449,900
Est. $2,841/month
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About this home
Get a load of this! Welcome to this massive cottage-style 2-family, great for a growing family or the investor looking to maximize their return on investment. Located minutes away from the downtown area. This baby comes with two great-sized kitchens, which are a dime a dozen in New Bedford. Unit one hosts a massive double parlor great for family parties or gatherings. Paired with 3 bedrooms, and 1 bath. As you make your way upstairs, you are greeted by a recently renovated 4 bedrooms, 1 bath with an oversized double parlor of its own. 311 Purchase has recent renovations and upgrades such as newer windows, hot water tanks, and a new roof making it ideal for someone like you. The third level comes with the ability to potentially add 4 bedrooms or an extra unit to help you maximize profits. Don't sleep or blink you might miss it. Along with the potential this property offers, the accessibility makes it desirable. Located on a major bus route and minutes from the highway & Shopping Center
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
10%
Price Range
Property Timeline
Status: Active under contract
Jun 16, 2026
Active → Active Under Contract
Pending Sale
Jun 16, 2026
Offer accepted, sale pending
Price Reduced
Jun 2, 2026
$449,900
$26,000
(-5.46%)
From $475,900 to $449,900 (-5.5%)
Price Reduced
May 12, 2026
$475,900
$24,000
(-4.8%)
From $499,900 to $475,900 (-4.8%)
Listed for Sale
Apr 9, 2026
$499,900
Original listing
Agent: Luis Martins Realty Team
Office: RE/MAX Synergy
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/16/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 06/16/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/02/2026 | ↓ Price Reduced | $449,900 | $26,000 | - | From $475,900 to $449,900 (-5.5%) |
| 05/12/2026 | ↓ Price Reduced | $475,900 | $24,000 | - | From $499,900 to $475,900 (-4.8%) |
| 04/09/2026 | 🏠 Listed for Sale | $499,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,392 | $388,300 |
Financial Details
Annual Property Tax
$4,392
Tax Year 2025
Assessed Value
$388,300
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1886
Living Area
2,410 sq ft
Lot Size
0.06 acres
Bedrooms
7
Full Baths
2
Total Rooms
13
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
Baseboard, Natural Gas, Unit Control, Wall Unit, Other
Cooling
None
Flooring
Wood, Plywood, Tile, Carpet
Appliances
Range, Refrigerator, Other
Fireplace
None
Basement
Full, Interior Entry
Laundry
None
Features
Pantry, Cedar Closet(s), Bathroom With Tub, Internet Available - Unknown, Remodeled, Other, Living Room, Dining Room, Kitchen, Family Room
Exterior
Construction
Frame, Stone, See Remarks
Architecture
None
Roof
Shingle, Other
Features
Rain Gutters, Other
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Porch
Parking
Features
Paved Drive, Other
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range
Financial
Annual Tax
$4,392
Assessed Value
$388,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Basement Had A Sewage Pipe Leak. It Was Repaired And Cleaned. Seller Is Cleaning It Out! Buyer Agent To Do Their Due Diligence No Driveway
Exclusions
Tenants Belongings
Additional Details
Possession
None
Accepted Financing
Seller W/participate, Contract
Structure Type
[]
House Color
Grey
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
83 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sale Pending
Year Built
1886
Bedrooms
7
Full Bathrooms
2
Living Area
2,410 sq ft
Total Rooms
13
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,410 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Plywood, Tile, Carpet
Appliances:
Range, Refrigerator, Other
Interior Features:
Pantry, Cedar Closet(s), Bathroom With Tub, Internet Available - Unknown, Remodeled, Other, Living Room, Dining Room, Kitchen, Family Room
Windows:
Picture Window, Insulated Windows
Basement:
Full, Interior Entry
Laundry:
Security:
Construction & Materials
Year Built:
1886
Structure Type:
Exterior Materials:
Frame, Stone, See Remarks
Roof:
Shingle, Other
Foundation:
Concrete Perimeter, Block, Other
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas, Unit Control, Wall Unit, Other
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas, Other (See Remarks)
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Other (See Remarks)
Exterior & Lot
Exterior Features:
Rain Gutters, Other
Patio & Porch:
Porch
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Other
Road Surface:
Paved
Parking & Garage
Parking Features:
Paved Drive, Other
Nearby Schools
School District
New Bedford School District local
C-
Where Graduates Go
Class of 2021
31%
attend college
13%
4-Year
18%
2-Year
4%
Out of State
9%
Working
School Safety
2024-25
6.0%
Above Average
4.2%
Suspensions
1.0%
In-School
1.8%
Emergency
0.5% above state avg
Elementary Schools
3 schools
C-
Alfred J Gomes School
0.1 mi
|
#676 of 824
|
Score: 37.1
Improved 102 spots from last year
-21.1 below state avg
623 students
Moderate
Rising School
Grades PK-05
St. James-St. John School
0.3 mi
Grades PK-08
B-
James B Congdon School
0.5 mi
|
#488 of 824
|
Score: 45.0
Dropped 6 spots from last year
-13.2 below state avg
299 students
Diverse
Diverse Student Body
Grades K-05
Middle Schools
3 schools
Nativity Prep School
0.5 mi
Grades 05-08
C-
Roosevelt Middle School
1.3 mi
|
#307 of 352
|
Score: 30.8
Improved 41 spots from last year
-27.4 below state avg
759 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
Our Sisters' School
1.5 mi
Grades 05-06
High Schools
3 schools
F
Whaling City Junior/Senior High School
0.7 mi
|
#337 of 346
|
Score: 21.7
Improved 17 spots from last year
-36.5 below state avg
200 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades 06-12
C+
Fairhaven High School
1.6 mi
|
#211 of 346
|
Score: 50.5
Dropped 8 spots from last year
-7.7 below state avg
568 students
Moderate
17 sports
• 1,168 athletes
Strong AP Program
College Ready Curriculum
Strong Athletics
Grades 09-12
The Nemasket Group
1.6 mi
Grades 12
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$366
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
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$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
311 Purchase St, New Bedford MA 02740
New Bedford, MA 02740
Listing Information
Listing Agent
Luis Martins Realty Team
Listing Office
RE/MAX Synergy
Office Phone
508-857-5392
Agent MLS ID
TEAM0023
Office MLS ID
AN3531
Listing Data Updated
Jul 27, 2026 9:15 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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