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33 Madison St, New Bedford, MA, 02740

6beds
4baths
2,484sqft
$499,900
$201price/sqft
$3,774/moest. monthly cost
$150,960/yrincome needed

About This Home

Presenting a truly exceptional multi-family property at 33 Madison St, New Bedford, MA, a distinguished edifice constructed in 1839. This expansive estate, encompassing a substantial 41,140 square feet of living area on a remarkable 502,000 square foot lot, offers a unique opportunity for discerning investors and residents alike. The property features six well-proportioned bedrooms, providing ample private accommodations across its two stories. Complementing the residential spaces are two full bathrooms and two half bathrooms, thoughtfully distributed to serve the needs of multiple occupants. Further enhancing the property's utility is a two-car garage, offering secure parking and additional storage solutions. To truly appreciate the scale and potential of this historic multi-family property, we invite you to schedule a private viewing.

Getting Around

88
WalkingVery Walkable
48
TransitSome Transit
65
BikeBikeable

Schools

3/10
Roosevelt Middle SchoolGrades 6-81.6 mi
1/10
New Bedford High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1839

Materials

  • Foundation: Granite

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Features

  • Living Room,Kitchen
  • Number of fireplaces: 3
  • Fireplace: Yes
  • Finished area above ground: 41,140

Interior Area

  • Total structure area: 2,484
  • Total interior livable area: 2,484 sqft

Property

Details

  • Parcel number: M:0047 L:0137,2890844
  • Zoning: RC

Lot

  • Lot size: 4,688 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

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

  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $2,527$30,324
Home Insurance *$290$3,480
Property Taxes $468$5,616
Electricity $489$5,877
Total$3,774$45,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$129,394/yr
40% on housing$113,220/yr
45% on housing$100,640/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

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.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 02740$230
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02740$297
Bristol County$339

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

DateEventPrice
2026-07-26Listed for sale$499,900
2018-05-11Sold$142,318
2018-05-08Pending sale$147,500
2018-04-20Listed for sale$147,500
2016-10-15Listing removed$179,900
2016-06-27Price change$179,900
2015-12-05Price change$198,900
2015-10-25Price change$209,900
2015-08-04Listed for sale$219,900

For Sale by Agent

AgentMiriam Watkins
BrokerageMosaic Realty Group, Inc.

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