115 Thompson St, New Bedford, MA, 02740
About This Home
Welcome to this well-maintained three-family property offering flexibility for both owner-occupants and investors. Each unit has been thoughtfully cared for, reflecting true pride of ownership throughout. The first floor features 3 bedrooms, 1 bathroom, and a private back deck—perfect for enjoying outdoor space. The second floor also offers 3 bedrooms and 1 bathroom and will be delivered vacant, providing an excellent opportunity for immediate occupancy or market-rate rental income. The third-floor unit includes 2 bedrooms and 1 bathroom, completing this versatile income-producing property. Conveniently located near local amenities, shopping, dining, and major routes, this is an outstanding opportunity to expand your portfolio or offset your mortgage with rental income. Don't miss your chance to own this solid New Bedford investment!
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1896
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Features
- Finished area above ground: 2,532
Interior Area
- Total structure area: 2,532
- Total interior livable area: 2,532 sqft
Property
Details
- Parcel number: M:0030 L:0357,2887383
- Zoning: RC
Features
- Patio & porch: Porch,Deck - Roof
Lot
- Lot size: 2,640 sqft
- Features: Cleared,Level
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,185 | $38,220 |
| Home Insurance * | $366 | $4,392 |
| Property Taxes | $590 | $7,080 |
| Electricity | $499 | $5,991 |
| Total | $4,640 | $55,680 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $620,000 |
| 2026-07-20 | Listed for sale | $630,000 |
| 2023-02-21 | Listing removed | -- |
| 2022-06-15 | Pending sale | $425,000 |
| 2022-06-10 | Sold | $440,000 |
| 2022-04-26 | Pending sale | $425,000 |
| 2022-04-26 | Contingent | $425,000 |
| 2022-04-21 | Listed for sale | $425,000 |
| 2017-06-26 | Sold | $207,000 |
| 2017-03-23 | Pending sale | $210,900 |
| 2017-03-13 | Listed for sale | $210,900 |
| 2001-08-23 | Sold | $90,000 |
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