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Active

218 South Ave, Whitman MA 02382

$1,250,000

Estimated $2,711/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $312,500

Total Rent: 115800/year

Estimated CAP Rate:

8 Bedrooms

Baths

3511

Total Parking: 14

11,752 (0.27)

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

This home has been viewed 4 times

Last Checked: July 25th, 2026 at 7:43am (Source: MLS PIN #73554446)

Gross Income: $115,800

Gross Expenses: $11,654

Net Income Calc: $104,146

Annual Expenses for 218 South Ave, Whitman MA 02382

Total Gross Expenses (Calculated)$11,654/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8210

Annual Income & Unit Breakdown for 218 South Ave, Whitman MA 02382

Total Gross Income (Calculated)$115,800

Unit 1

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit0

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor0

Levels in Unit0

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Rent Includes

General Information for 218 South Ave, Whitman MA 02382

Listing ID73554446

Property TypeMulti Family / 4 Family

Price1250000 ($356.02/SqFt)

Style4 Family

CityWhitman

CountyPlymouth

Neighborhood(s)

Approximate Living Area Total3511

Approximate Lot Size (Acres)0.27

Total Parking14

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningGB

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 218 South Ave, Whitman MA 02382

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNo

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 218 South Ave, Whitman MA 02382

Real Estate Taxes8210

Tax Year2025

Assessed Value$625,800

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 218 South Ave, Whitman MA 02382

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 218 South Ave, Whitman MA 02382

Agent

Name: John Heffernan

Office

Name: Compass

Phone: 781-285-8028

Payment Calculator

, Interest

Property Taxes 684.17

Principal & Interest 7702.1

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

John Heffernan

Agent Phone

Office Phone

(781) 285-8028

Text Agent Call Agent Call Office

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    [unparsed] => 218 South Ave, Whitman MA 02382
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EXIT

37 More Photos

Active

218 South Ave, Whitman MA 02382

$1,250,000

Annual Expenses for 218 South Ave, Whitman MA 02382

Annual Income & Unit Breakdown for 218 South Ave, Whitman MA 02382

General Information for 218 South Ave, Whitman MA 02382

Disclosures for 218 South Ave, Whitman MA 02382

Financial Information for 218 South Ave, Whitman MA 02382

Location Information for 218 South Ave, Whitman MA 02382

Contact Information for 218 South Ave, Whitman MA 02382

Agent

Office

Payment Calculator

Exclusive Listing Agent

Compass

John Heffernan