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Property view

5-7 Forest Ave, 
Plymouth, MA 02360

$1,675,000


12

Beds


6

Baths


5,207

Sq Ft


Multi-Family

Active

Listed by

Matthew Balitskiy

Marcus & Millichap Real Estate Investment Services

617-896-7200

Last updated:

November 5, 2026, 12:00 PM

MLS#

73598062

Source:

MLSPIN

About This Home

5-7 Forest Ave

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.

Home Facts

Multi-Family

6 Baths

12 Bedrooms

Built in 1900

Price Summary

1,675,000

$321 per Sq. Ft.

MLS #:

73598062

Last Updated:

November 5, 2026, 12:00 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

6

Interior

Living Area:

5,207 Sq. Ft.


Structure

Structure

Building Area:

5,207 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

11,761


Finances & Disclosures

Finances

Price:

$1,675,000

Price per Sq. Ft:

$321 per Sq. Ft.

Source:MLSPIN
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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.