Great 3-Family Investment – 108 Phillips Avenue, New Bedford. A fantastic opportunity for investors or owner-occupants! This well-maintained 3-family home offers strong rental potential with flexible occupancy options. The first-floor unit (3 bedrooms, baseboard heat) will be delivered vacant at closing, making it perfect for an owner-occupant or for setting your own rent. The second (3 bedrooms) and third (2 bedrooms) floor units are occupied by tenants at will and heated by space heaters. The property features vinyl siding, off-street parking, 2 2-car garage, and a new roof and gutters installed just 5 years ago. Each unit includes a range and refrigerator, all of which will remain. Plus, the basement includes a coin-operated washer and dryer for added income and convenience—also to remain with the sale. Conveniently located near amenities, public transportation, and commuter routes, this is a great opportunity to own a fully functioning multi-family in New Bedford's rental market.
For sale
Price cut: $20K (12/10)
$659,800
108 Phillips Ave, New Bedford, MA 02746
7beds
3,045sqft
Est.:
3 Family
Built in 1903
-- sqft lot
$656,700 Zestimate®
$217/sqft
$-- HOA
What's special
Off-street parking
- 30 days |
- 609 |
- 30 |
Zillow last checked: 8 hours ago
Listing updated: December 14, 2025 at 12:08am
Listed by:
Jacob Galary 508-889-1738,
LPT Realty - Home & Key Group 877-366-2213
Source: MLS PIN,MLS#: 73457518
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Space Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,045
- Total interior livable area: 3,045 sqft
- Finished area above ground: 3,045
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 4,513 Square Feet
Details
- Parcel number: M:0104 L:0165,2899994
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1903
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Sidewalks
Location
- Region: New Bedford
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $544,900
- Annual tax amount: $6,163
- Date on market: 11/24/2025
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
$656,700
$624,000 - $690,000
$2,315/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Price change | $659,800-2.9%$217/sqft |
Source: MLS PIN #73457518 Report a problem | ||
| 11/24/2025 | Listed for sale | $679,800$223/sqft |
Source: MLS PIN #73457518 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,163 +15.9% | $544,900 +23% |
| 2024 | $5,317 +6% | $443,100 +26.2% |
| 2023 | $5,017 +11.7% | $351,100 +21.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,006/mo
Principal & interest
$3214
Property taxes
$561
Home insurance
$231
Climate risks
Neighborhood: 02746
Nearby schools
GreatSchools rating
- 3/10Abraham Lincoln Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10Normandin Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10New Bedford High SchoolGrades: 9-12Distance: 1.7 mi
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