The Greene Realty
Powered by 
- 1
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$1,675,000
Monthly Est:$8,337
12 Beds
6 Baths6 full baths
5,207sqft
5-7 Forest Ave, Plymouth, MA 02360
$1,675,000
$8,337/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
0.27 acre lot
$322/sq.ft
Description
Marcus & Millichap is pleased to present 5-7 Forest Avenue, a six-unit multifamily property in Plymouth, Massachusetts, offered at $1,675,000. The three-story building sits on a 0.27-acre lot near Plymouth Center and consists entirely of two-bedroom, one-bath apartments of roughly 900 square feet each, with on-site laundry, 10 off-street parking spots, and a rear yard with patio.The property is priced at an 8.01% cap rate on current income, or $279,167 per unit. In-place rents average $2,550, about 5% below the $2,695 market rent, giving a buyer roughly $10,400 in annual upside as units turn over and an 8.58% cap rate at market. With 25% down at current rates, the asset produces positive leverage from day one, with a 9.28% cash-on-cash return and a 1.41 debt coverage ratio.The surrounding area supports steady rental demand. Nearly half of households within one mile rent, and the five-mile median household income is $115,913. The local employment base is anchored by healthcare and public employers, including Beth Israel Deaconess Hospital–Plymouth and Mass General Brigham.
- Houzeo last checked: 11 minutes ago
- Listing updated: November 4, 2026 at 1:54 pm
- Listing Provided by: Matthew Balitskiy (617) 784-1878 | CRG Commercial (617) 393-4200
- Source: MLS Property Information Network-MA | MLS#: 73598062
Property Details
Status
Active
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
5,207 sqft
Lot Size
0.27 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73598062
MLS Status
New
Days on Market
1
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Foundation Details
Other
Utilities & Energy
Water Source
Public
Parking Features
Paved Drive
Price History
| Date | Event | Price |
|---|---|---|
11/03/2026 Source: | Listed for Sale | $1,675,000 +1.52% $322/sqft |
06/02/2026 Source: | Listing Removed | $1,650,000 $317/sqft |
04/08/2026 Source: | Price Decreased | $1,650,000 -2.94% $317/sqft |
01/22/2026 Source: | Price Decreased | $1,700,000 -5.56% $326/sqft |
12/23/2025 Source: | Listing Removed | $1,800,000 $346/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Plymouth, MA
Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Nov 04, 2026, 10:00PM. The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
