218 South Ave Whitman MA 02382 MLS #73554446

218 South Ave
Whitman, MA, 02382
$1,250,000
8 Beds
4 Baths
3,511 SqFt
0.27 Acres
$1,250,000
218 South Ave
Whitman, MA, 02382
MLS #73554446 image #0
Exceptional opportunity to own this well-maintained 4-family property offering strong rental income, recent updates, and outstanding investment potential. Whether you’re looking to expand your portfolio or occupy one unit while generating income from the others, this property checks all the boxes.The first-floor unit occupies the entire level and features a spacious layout with three bedrooms, a bright living room, a separate eat-in kitchen, and a full bathroom. The second floor is divided into two units. Unit 2 offers a comfortable living room, eat-in kitchen, one bedroom, and a full bath. Unit 3 features an efficient open-concept kitchen and living area, one bedroom, and a full bathroom. The fourth unit encompasses the entire third floor and includes two bedrooms, a living room, kitchen, and full bathroom, providing a private and spacious living space.Each unit has been well cared for and offers desirable floor plans that appeal to tenants. Units 1, 2, and 3 each have separate gas meters, electrical panels, gas-fired boilers for heat, and individual hot water tanks. Unit 4 also has its own gas meter, electrical panel, and hot water tank, along with newer electric baseboard heat and a newer in-unit gas-fired heater.Recent improvements provide peace of mind for the next owner, including a new roof installed in 2023 and numerous updates throughout the property. Ample off-street parking adds convenience and further enhances the property’s appeal.Strong in-place rental income, separate utilities, low-maintenance systems, and recent capital improvements make this an excellent turnkey investment. For owner-occupants, the flexible layout provides the opportunity to live in one unit while the rental income from the remaining apartments helps offset your mortgage and expenses.Conveniently located near shopping, restaurants, public transportation, schools, and major commuter routes, this property offers lasting value in a high-demand rental market. Whether you’re a seasoned investor or purchasing your first multi-family, this is a rare opportunity to own a solid income-producing asset with immediate cash flow and long-term upside.Property Highlights:• 4 Well-Maintained Units• Strong Rental Income• Excellent Owner-Occupied or Investment Opportunity• Separate Utilities• New Roof (2023)• Updated Systems• Ample Off-Street Parking• Desirable Unit Layouts• Convenient Location Near Shopping, Dining, Public Transportation & Major Highways

Property Details

Price:
$1,250,000
MLS #:
73554446
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Jul 23, 2026
Finished Sq Ft:
3,511
Total Sq Ft:
3,511
Lot Size:
11,752 sqft / 0.27 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Above Grade Finished Area
3511
Bathrooms
4 Full Bathrooms
Levels
2

Exterior

Community Features
Public Transportation
Open Parking Spaces
14
Open Parking YN
1
Parking Features
Paved Drive, Paved
Parking Spots
14
Parking Total
14
Stories
2

Financial

Net Operating Income
$113,856
Tax Year
2025
Taxes
$8,210
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Whitman as of Jul 30, 2026
5
Multi Family Listed
79
Avg DOM
273
Avg $ / SqFt
$833,780
Avg List Price

Community

Subdivisions in Whitman

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Property Summary

    218 South Ave Whitman MA is a Multi Family for sale in Whitman, MA, 02382. It is listed for $1,250,000 To schedule a showing of MLS#73554446 at 218 South Ave in Whitman, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
218 South Ave
Whitman, MA