7-unit Multi-Family Property Steps from iconic Main Street Falmouth. Discover the perfect investment opportunity with this multi-family property. Whether you are searching for lucrative rental income, a family compound, a redevelopment opportunity or a combination of all the above, this property offers endless possibilities. This property has 6 units in the Main House and 1 detached Guest Cottage. Located a mere 500 feet to Main Street this property is a short stroll to all the shops, restaurants, art galleries, cafes and spas that make downtown Falmouth so very special. The property is less than .6 miles to The Shining Sea Bikeway, .7 miles to Surf Drive Beach, and .9 miles to Falmouth Harbor. The property has 6 one-bedroom units and a 4-bedroom unit. It is rare that a property with such potential becomes available in such a highly desirable area of Falmouth. The property has a passing 10-bedroom Title V report. Opportunity is knocking so close to town! This is truly an opportunity not to be missed.
Sold for $1,323,000 on 09/02/25
$1,323,000
48 Walker Street, Falmouth, MA 02540
10beds
4,072sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$325/sqft
$2,414 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 02, 2025 at 01:16pm
Listed by:
Annie Hart Cool Team annie@anniehartcool.com,
Sotheby's International Realty
Bought with:
Buyer Unrepresented
cci.UnrepBuyer
Source: CCIMLS,MLS#: 22500651

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Has Heating (Unspecified Type)
Cooling
- None
Appliances
- Included: Gas Water Heater, Electric Range, Refrigerator
Features
- None, Built-in Features, Dining Area
- Flooring: Hardwood, Carpet, Tile, Laminate, Vinyl, Wall to Wall
- Basement: Bulkhead Access,Interior Entry,Full
- Has fireplace: No
- Common walls with other units/homes: Interior Unit
Interior area
- Total structure area: 4,072
- Total interior livable area: 4,072 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
- Entry location: Unit 1: First Floor,Unit 1: Street Level,Unit 2: Street Level,Unit 3: First Floor,Unit 3: Street Level,Unit 4: Second Floor
Lot
- Size: 0.32 Acres
- Features: Bike Path, School, Medical Facility, Major Highway, House of Worship, Shopping, Marina, In Town Location, Conservation Area, South of Route 28
Details
- Parcel number: 47A 12 082 002
- Zoning: RC
- Special conditions: Estate Sale
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Foundation: Block, Stone, Poured
- Roof: Asphalt, Pitched
Condition
- Actual
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
Community & neighborhood
Community
- Community features: Rubbish Removal
Location
- Region: Falmouth
HOA & financial
Other financial information
- Total actual rent: 2100
Other
Other facts
- Listing terms: Conventional
- Road surface type: Paved