5-7 Forest Ave, Plymouth, MA 02360

$1,675,000 · For sale

• 5,207 sq ft
• Multi-Family
• Built 1900
• MLS #73598062

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.

About this address

5-7 Forest Ave is a multi-family home for sale in Plymouth, MA 02360 with 5,207 square feet, asking $1,675,000. It was built in 1900. It has been on our site since November 3, 2026.

At $322 a square foot, it compares with a median of $340 among the 15 other multi-family homes for sale in Plymouth with a stated size.

It scores 57 out of 100 for walkability, from how close everyday places are.

The closest train or subway stop is Kingston (MBTA Kingston Line), about 1.5 miles away. The closest bus stop is Cordage Park (GATRA routes FL, LIB), about 0.3 miles away.

The closest public schools by level are Hedge (0.4 miles), Plymouth Commun Intermediate (4.2 miles) and Plymouth North High (3.2 miles). The district decides which school serves an address.

Listing information from MLS Property Information Network (MLS PIN), MLS #73598062, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line.

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