$6,709 Closing Credit¹
#73363839, The Vision Group, Listing Office: Keller Williams South Watuppa
$585,000 List price
531 Rivet St New Bedford, MA 02740
$6,947
Closing credit¹
6 beds
3 full
2,750 sqft
0.06 acres
$213 / sqft
Multi-Family
Property details
About 531 Rivet St
Presenting a prime investment opportunity at 531 Rivet Street, New Bedford, MA 02740. Each unit offers two bedrooms and one bathroom, making it ideal for rental income or multi-generational living. The property features vinyl siding, replacement windows, and a two-year-old roof—ensuring durability and reduced maintenance costs. Additional amenities include off-street parking for three vehicles and washer/dryer hookups in each unit. Situated on a corner lot just one block east of Dartmouth Street, the location provides convenient access to public transportation, shopping, parks, and schools.Don’t miss out on this exceptional investment in a thriving community. The first-floor unit will be delivered vacant.
Highlights
Home typeMulti Family
StatusActive
Size2,750 sqft
BasementYes
Lot size0.06 Acres
Year built1892
ParkingPaved Drive
MLS #73336453
Summary
- Full Bathrooms: 3
- Basement: Yes
- Total Bedroom Count: 6
- Parking: Paved Drive
- List Price: $585,000
- Price/SqFt: $212
- Annual Tax Amount: $5,022
- Tax Year: 2024
- Directions: GPS.
- Year Built: 1892
- Stories: 6
- Living Area: 2,750 SqFt
- Lot Size: 0.06 Acres
- MLS Number: 73336453
- MLS Name: MLS Property Information Network
- Office Name: Realty One Group Dream Makers
- Office Phone: (508) 269-3006
- Listing Agent: Luis Rodrigues
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 2:20:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$585,000
531 Rivet St
$6,947
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 08, 2021 | Home Sold | $340,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $418,500 | $5,022 |
| 2023 | $324,300 | $4,634 |
| 2022 | $219,000 | $3,403 |
| 2021 | $213,300 | $3,325 |
| 2020 | $201,100 | $3,250 |
| 2019 | $170,600 | $2,810 |
History based on county public records data.
Nearby schools
4
James B. Congdon Elementary School
Public District PK-5
0.2 mi
•50 Hemlock St
3
John B. DeValles Elementary School
Public District PK-5
0.3 mi
•120 Katherine St
6
Betsey B. Winslow Elementary School
Public District PK-5
0.6 mi
•561 Allen St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,902. Typical income of New Bedford, MA residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
41%
<35k
38%
35k-100k
21%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
46%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Figure Skating
Where do the neighbors shop?
Burlington
Forever 21
Chico's
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Bob Evans
What do the neighbors drive?
Dodge
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in New Bedford, MA
Transportation in New Bedford is facilitated by a network of roads and highways, including Interstate 195, which connects the city to the rest of the state and beyond. Public transit options are available, with bus services providing connectivity within the city and to neighboring areas. The city is moderately walkable, particularly in the downtown area, which is also bike-friendly. Ride-sharing services are present, offering an alternative mode of transportation for residents and visitors.
The city of New Bedford provides a range of essential services to its residents. The educational system includes several public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital that offers a variety of services. The public library system is robust, supporting lifelong learning and community engagement. Retail and dining establishments reflect the local culture, with an emphasis on seafood and regional cuisine.
New Bedford prides itself on its vibrant maritime history and cultural scene. The community's character is deeply intertwined with the fishing industry, and the city is celebrated for its annual Working Waterfront Festival. Residents enjoy a blend of urban amenities and seaside charm, with the presence of art galleries, museums, and the New Bedford Whaling National Historical Park contributing to the city's unique identity.
New Bedford's housing market is diverse, offering a mix of architectural styles that reflect its rich history and cultural heritage. The area is known for its charming colonial and Victorian homes, as well as more contemporary designs. A significant portion of the housing stock dates back to the early 20th century, giving the city a historic feel. The market is balanced with a mix of homeownership and rental opportunities, accommodating a variety of preferences and budgets.
About 531 Rivet St
This home is located at 531 Rivet St in New Bedford, MA and zip code 02740. This 2,750 square foot home, which was built in 1892, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $585,000.
New Bedford, MA housing market in May 2025 saw over 31 listings sold above listed price, more than 4 sold at listed price and over 18 sold below. Between April and May 2025, New Bedford, MA real estate market has seen increase in the number of listings by 8.4%. Listings spent 36 days on the market in May 2025, and had a median list price of $460,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.