$1,399,000

48 Edgartown - West Tisbury Rd Edgartown, MA 02539

Edgartown Neighborhood

Estimated payment $7,504/month

Total Views 3,671
3 Beds
3 Baths
1,959 Sq Ft
$714 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Fenced
  • 4-minute walk to Edgartown Rec. Department Playground

About This Home

This rare multi-family residence offers a unique investment opportunity or the perfect island retreat. Whether you're looking to generate rental income, host guests, or settle into island life, this 3-bedroom, 3-bathroom property checks all the boxes. With numerous bonus spaces, off-street parking, a cozy backyard, and expansion potential (pending town approval), this is a truly exceptional find.Just steps from Edgartown’s shops, restaurants, and harbor, the home sits in one of Martha’s Vineyard’s most desirable locations.

Listing Agent

Mavis Francis

eXp Realty Listed on: 08/31/2025

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,959 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $1,500
  • Operating Expense $1,500
  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,300

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1950
  • Levels: 2
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Above Grade Finished Sq Ft: 1959
  • Living Area: 1959
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 714.14
  • PRICE PER Sq Ft: 714.14

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: Ocean, Unknown To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1500

Lot Info

  • Zoning: R5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920
  • Lot Size Units: Acres
  • PAGE: 652

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1300
  • Tax Book Number: 1519

Multi Family

  • Gross Income: 84000
  • Net Operating Income: 84000
  • Number Of Units Total: 2
  • Operating Expense: 1500
  • Total Actual Rent: 7000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2025 08/31/25 For Sale $1,399,000 -- $714 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73423895

MLS Property Information Network (MLS PIN)