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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

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William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 355 Palmer Avenue, Falmouth, MA 02540
Active
38 Days on market
355 Palmer Avenue Falmouth — Photo 1 of 9

355 Palmer Avenue Falmouth — Photo 1 of 9

Recent Drop: $21,000

$750,000
$729,000

$729,000

355 Palmer Avenue, Falmouth, MA 02540

Falmouth, MA 02540

Beds

6

Baths

3

SqFt

1,876

Style

3 Family

Built

1940

Exceptional investment opportunity in the heart of Falmouth! This three-unit residential property offers 6 bedrooms, 3 full baths, and is situated on a generous ½-acre lot in a desirable area. Ample off-street parking for 4–6 vehicles, a spacious yard, and additional storage enhance the property’s appeal for owners and tenants alike. Ideally located just minutes from Falmouth Hospital, the Shining Sea Bikeway, Steamship Authority parking, public transportation, downtown shopping, restaurants, beaches, and major commuter routes. Whether you’re seeking a strong income-producing property, multi-generational living, or future investment potential, this versatile offering presents an outstanding opportunity in one of Cape Cod’s most sought-after locations.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$389/sqft
Local Avg (Falmouth)$550/sqft
29% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Falmouth, MA.

Property Details

Financials

Original Price$750,000
Annual Taxes$3,534

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms12
FireplacesNone
FlooringVinyl, Carpet
BasementPartial

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPrivate Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningGR

Property & Lot

Acres0.52
SqFt Lot22,499
Lot FeaturesWooded, Cleared, Gentle Sloping, Level

Neighborhood

Public Transportation • Shopping • Medical Facility • Bike Path • Highway Access

Geography

Property History

Price Drop
$729,000

Was $750,000

Aug 6, 2026

MLS® 73548816

Listed
$750,000

Jul 13, 2026

MLS® 73548816

Population

8,104

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$77K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

34.9%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Barnstable County

513 housing units permitted in the last 12 months (-50% vs the prior 12 months) — 128 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Falmouth, MA market report ZIP 02540 market data
Listing Provided By

Listing Agent: O'Neill Group

Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties

MLS® Number: 73548816

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