OFF MARKET

Off Market Aug 2025 for $570K

$663,681

•

2,750

sq ft

531 Rivet St, New Bedford, MA 02740

About this home

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.

Multi-familyProperty Type

1892Year Built

2,770 sq ftLot Size

$241Est. Price/Sq.Ft.

4 spacesParking

Listed by Luis Rodrigues • Realty One Group Dream Makers

Bought with Leovanni Baessa • Compass

Redfin checked: 2 minutes ago

•Source:MLS PIN #73336453

Redfin Estimate

$663,681

$94K since sold in August 2025$23K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6% higher than the average sale price ($626K) of 6 comparable homes.

SOLD AUG 20, 2026
$625,000
A
6 beds3 baths2,673 sq ft
27 Juniper St, New Bedford, MA 02740
SOLD JUN 25, 2026
$664,000
B
6 beds3 baths2,781 sq ft
27 Bourne St, New Bedford, MA 02740
SOLD JUN 11, 2026
$645,000
C
6 beds3 baths2,691 sq ft
33 Crapo St, New Bedford, MA 02740
SOLD MAY 13, 2026
$580,000
D
8 beds3 baths2,400 sq ft
45 Katherine St, New Bedford, MA 02744
SOLD AUG 28, 2026
$570,000
E
6 beds4 baths2,152 sq ft
105 Thompson St, New Bedford, MA 02740
SOLD JUN 16, 2026
$672,000
F
7 beds3 baths2,942 sq ft
143-145 Fair St, New Bedford, MA 02740

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Earn from this home

Sell

$181,789

Est. take-home

List your home with Redfin and save $3,318

Market trends in 02740, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.5%

+0.2% MoM

Median sale price

$470K

$5K MoM

Avg. days on market

27d

0 days MoM

Recently sold homes

105

12 MoM

New listings for sale

NEW 5 HRS AGO
$449,000
4 beds1 bath1,229 sq ft
326 Cedar St, New Bedford, MA 02740
NEW 17 HRS AGO
$349,000
4 beds1.5 baths1,456 sq ft
70 Rounds St, New Bedford, MA 02740
$499,000
3 beds1 bath1,212 sq ft
25 Fairmount St, New Bedford, MA 02740
$599,900
6 beds2 baths2,218 sq ft
515 Rivet St, New Bedford, MA 02740
$650,000
8 beds2 baths2,657 sq ft
62-64 North St, New Bedford, MA 02740
$489,000
3 beds2 baths1,663 sq ft
52 Donny Dr, New Bedford, MA 02740
$335,000
Studio0.5 baths870 sq ft
770 County St, New Bedford, MA 02740
$430,000
3 beds1 bath1,414 sq ft
42 Byron St, New Bedford, MA 02740
$690,000
9 beds3 baths3,357 sq ft
211 Weld St, New Bedford, MA 02740
$330,000
3 beds2 baths1,308 sq ft
46 Cottage St, New Bedford, MA 02740
See all

Provided by Redfin

Sale history for 531 Rivet St

Date

Event

Price

MLS PIN #73336453

Aug 28, 2025

Sold

$570,000

$207/sq ft

Jun 11, 2025

Relisted

—

Jun 11, 2025

Price Changed

$559,900

$204/sq ft

Jun 10, 2025

Listing Removed

—

May 13, 2025

Relisted

—

May 13, 2025

Price Changed

$585,000

$213/sq ft

May 13, 2025

Listing Removed

—

Mar 9, 2025

Price Changed

$599,900

$218/sq ft

Feb 19, 2025

Listed

$615,000

$224/sq ft

MLS PIN #72881822

Oct 8, 2021

Sold

$340,000

$124/sq ft

Aug 25, 2021

Contingent

—

Aug 16, 2021

Listed

$329,800

$120/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$4,634 (+36.2%)

$60,200 + $264,100

$324,300

2022

$3,403 (+2.3%)

$54,900 + $164,100

$219,000

2021

$3,325 (+2.3%)

$54,900 + $158,400

$213,300

2020

$3,250 (+15.7%)

$51,800 + $149,300

$201,100

2019

$2,810 (+5.0%)

$51,800 + $118,800

$170,600

2018

$2,676 (+8.0%)

$51,800 + $109,100

$160,900

2017

$2,478 (+3.1%)

$51,800 + $96,700

$148,500

2016

$2,404 (+6.0%)

$53,300 + $92,500

$145,800

2015

$2,268 (+3.8%)

$54,900 + $89,300

$144,200

2014

$2,186 (−3.9%)

$54,900 + $89,300

$144,200

2013

$2,274 (−1.2%)

$67,200 + $91,500

$158,700

2012

$2,301 (−4.6%)

$69,100 + $98,100

$167,200

2011

$2,411 (−6.5%)

$71,000 + $116,200

$187,200

2010

$2,579 (+1.4%)

$78,400 + $136,000

$214,400

2009

$2,544

$76,400 + $145,800

$222,200

Tax history for 531 Rivet St

Year

Property tax

Land + Additions

Assessment*

2023

$4,634 (+36.2%)

$60,200 + $264,100

$324,300

2022

$3,403 (+2.3%)

$54,900 + $164,100

$219,000

2021

$3,325 (+2.3%)

$54,900 + $158,400

$213,300

2020

$3,250 (+15.7%)

$51,800 + $149,300

$201,100

2019

$2,810 (+5.0%)

$51,800 + $118,800

$170,600

2018

$2,676 (+8.0%)

$51,800 + $109,100

$160,900

2017

$2,478 (+3.1%)

$51,800 + $96,700

$148,500

2016

$2,404 (+6.0%)

$53,300 + $92,500

$145,800

2015

$2,268 (+3.8%)

$54,900 + $89,300

$144,200

2014

$2,186 (−3.9%)

$54,900 + $89,300

$144,200

2013

$2,274 (−1.2%)

$67,200 + $91,500

$158,700

2012

$2,301 (−4.6%)

$69,100 + $98,100

$167,200

2011

$2,411 (−6.5%)

$71,000 + $116,200

$187,200

2010

$2,579 (+1.4%)

$78,400 + $136,000

$214,400

2009

$2,544

$76,400 + $145,800

$222,200

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2,614 Sq. Ft.

Year renovated

—

Sq. Ft.

2,780

Year built

1892

Style

Multi-Family (2-4 Unit)

County

Bristol County

APN

2886634

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 4
Parking Features: Paved Drive

Interior

Bathroom Information
# of Bathrooms (Full): 3

Basement Information
Basement: Full

Interior Features
# of Rooms (Total): 18

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N

Unit #3 Information
# of Levels: 3
# of Floors: 3

Exterior

Building Information
Building Area (Total): 2,750
Foundation Details: Stone
Stories (Total): 6
Year Built Source: Public Records
Year Built Details: Approximate

Property Information
PropertySubType: 3 Family

Lot Information
Lot Size (Acres): 0.06

Financial

Tax Information
Tax Annual Amount: $5,022
Tax Year: 2024

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Location

Location Information
Directions: GPS.
UnparsedAddress: 531 Rivet St, New Bedford MA 02740

Community Information
Senior CommunityYN: No

Public facts

Beds: 6
Baths: 3.0
Sq. Ft.: 2,780
Stories: 3.0
Lot Size: 2,614 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1892
Year Renovated: —
County: Bristol County
APN: 2886634

Home facts updated by county records on Jul 19, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

James B Congdon Elementary School

Public K-5 • Assigned • 0.2mi

7/10

Roosevelt Middle School

Public 6-8 • Assigned • 1.3mi

3/10

New Bedford High School

Public 9-12 • Assigned • 1.8mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 94° expected this year, 16 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

New Bedford, MA • 02740

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$631,000 – $764,000

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Nearby similar homes

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New listings for sale in 02740

NEW 5 HRS AGO

$449,000

4 beds1 bath1,229 sq ft

326 Cedar St, New Bedford, MA 02740

NEW 17 HRS AGO

$349,000

4 beds1.5 baths1,456 sq ft

70 Rounds St, New Bedford, MA 02740

$499,000

3 beds1 bath1,212 sq ft

25 Fairmount St, New Bedford, MA 02740

$599,900

6 beds2 baths2,218 sq ft

515 Rivet St, New Bedford, MA 02740

$650,000

8 beds2 baths2,657 sq ft

62-64 North St, New Bedford, MA 02740

$489,000

3 beds2 baths1,663 sq ft

52 Donny Dr, New Bedford, MA 02740

$335,000

Studio0.5 baths870 sq ft

770 County St, New Bedford, MA 02740

$430,000

3 beds1 bath1,414 sq ft

42 Byron St, New Bedford, MA 02740

$690,000

9 beds3 baths3,357 sq ft

211 Weld St, New Bedford, MA 02740

Home values near 531 Rivet St

Data from public records.

Address	Redfin Estimate
552 Rivet St, New Bedford, MA 6 Beds \| 3 Baths \| 2448 Sq. Ft.	$531,316
519 Rivet St, New Bedford, MA 4 Beds \| 1 Baths \| 1488 Sq. Ft.	$335,111

Address	Redfin Estimate
535 Rivet St, New Bedford, MA 3 Beds \| 1.5 Baths \| 1078 Sq. Ft.	$409,233
533 Rivet St, New Bedford, MA 3 Beds \| 1 Baths \| 1136 Sq. Ft.	$249,647

Address	Redfin Estimate
509 Rivet St, New Bedford, MA 6 Beds \| 3 Baths \| 2535 Sq. Ft.	$550,792
545 Rivet St, New Bedford, MA 9 Beds \| 3 Baths \| 3400 Sq. Ft.	$700,462

Property information provided by MLS PIN when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02740, MA

Sale history for 531 Rivet St

Tax history for 531 Rivet St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02740

Home values near 531 Rivet St

More real estate resources