Active
5 beds3,654 sqft$1,122/sqft
148 Katama Rd, Edgartown, MA 02539
Est: $21,459/moGet pre-approved
Multi FamilyProperty Type
0.44 acresLot Size
1976Year Built
$1,122/sq ftPrice per sq ft

Description

A rare mixed-use property on Katama Road, set right between downtown Edgartown and South Beach! Two residential apartments above — a 2BR and a 3BR, each with their own walk-up deck, in-unit laundry and dedicated parking. Both are occupied month-to-month under self-extending leases, giving a new owner flexibility. The first floor was home to an HVAC company for nearly a decade and is now vacant and ready for its next owner: roughly 1,253 sq. ft. of office with high efficiency heat pump heat & A/C,...A rare mixed-use property on Katama Road, set right between downtown Edgartown and South Beach! Two residential apartments above — a 2BR and a 3BR, each with their own walk-up deck, in-unit laundry and dedicated parking. Both are occupied month-to-month under self-extending leases, giving a new owner flexibility. The first floor was home to an HVAC company for nearly a decade and is now vacant and ready for its next owner: roughly 1,253 sq. ft. of office with high efficiency heat pump heat & A/C, plus 1,148 sq. ft. of garage and storage. Ample on-site parking with 25 designated spaces and a loading dock for your business needs. Owned solar installed in 2018 conveys with the property, and the current owners have put significant capital improvements into the building since 2017 — electrical, roof, solar, integrated fire & security systems, mechanical systems, and irrigation system. This property has a long history of permitted commercial use well before these owners. The Edgartown Zoning Board of Appeals granted a special permit in 2016 for the operation of a small-scale business in a residential neighborhood, and that permit predates the current owners' purchase. A buyer will need approval from the Zoning Board to continue commercial operations.
Days on Market Listed Today
  • Listed by: Chelsea Brennan • Lamacchia Realty
Last updated: 09/02/2026 10:22 PM • Source: LINK, MLS#: 44906

Location

Listing Courtesy of Lamacchia Realty, Chelsea Brennan
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Payment Calculator

$21,459 per month

30 year fixed, 6.55% Interest

Principal and Interest

$20,840

Property Taxes

$619

HOA Dues

$0

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Property Information for 148 Katama Road

Property Details
  • Taxes: $7,430 / year
  • MLS Type: Multi Family / Multi Family
  • County: Dukes County
  • Zoning: R20
  • View: None
Building Information
  • Year Built: 1976
  • Lot Size: 0.44 AC / 19,166 SF
Summary
Location and General Information
  • Latitude: 41.3831806
  • Longitude: -70.5186483
  • Listing ods: Porch, Deck
  • MLS Area Major: 2
Taxes and HOA Information
  • Tax Assessed Value: $2,082,100.00
  • Tax Lot: 0002
  • Tax Map Number: 29A
  • Tax Other Annual Assessment Amount: $910,000.00
  • Tax Year: 2026
Parking
  • Parking Features: On-Site: 25 designated space, room for more
Property
Lot Information
  • Lot Features: Yes, See Deed, Yes, Frontage
  • Property Type: Multi Family
Property and Assessments
  • Parcel Number: 29/2
  • Photos Count: 66
  • Approval Status: -1
  • Reviewed: No
  • Year Built Effective: 2017
Utilities
  • Sewer: Septic Tank
  • Utilities: Cbl
  • Water Source: Town
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Deck
Interior Features
  • Main Level Bedrooms: 0
  • Other Structures: Loading Dock in the rear area.
  • Rooms Total: 14
  • Appliances: Stove: Yes, in the two apartment, Washer: Yes, in the two apartment
  • Fireplace Features: 0
  • Fireplace: No
  • Flooring: 2
  • Furnished: Unfurnished
  • Heating: OFHW
  • Interior Features: A,Ins,Irr,MiniSplit, Floor 1: Commercial level, delivered vacant. Approximately 1,253 sq. ft. of finished office space including a large front room, second room, recreation/conference room, entry and foyer, utility and storage rooms, and two half bathrooms. Daikin heat pumps with ceiling cassettes provide heat and A/C throughout the office. Attached garage and storage adds 1,148 sq. ft. with ice machine to stay with building. Loading dock with access at the rear., Floor 2: Two residential apartments, each with a private exterior entrance and in-unit laundry. Unit A: 2BR/1BA with kitchen, living room and dining area, opening to a private walk-up deck of approximately 9' x 26'. Unit B: 3BR/1BA with kitchen, family room and breakfast nook, opening to a private walk-up deck of approximately 6'7" x 35', plus covered exterior storage. Both units have two dedicated parking spaces and window a/c units to stay with building. Both units on a month to month lease.

Property History for 148 Katama Road

DateEvent & SourcePriceAppreciation
Sep 2, 2026

Listed (Active)

LINK #44906

$4,100,000
Jul 2, 2007

Sold (Public Record)

Public Record #326397315

$1
DateEvent & SourcePrice
09/02/2026

Listed (Active)

LINK #44906

$4,100,000
07/02/2007

Sold (Public Record)

Public Record #326397315

$1

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 148 Katama Road

Taxable ValueLand$866,600Additions$2,042,500Total$2,909,100
Tax Record2025$7,709 ($642 / month)
Home Facts
Baths3Total Finished SqFt3,654 SqFtAbove Grade Finished SqFt3,654 SqFtStories2Lot Size19,038 SqFtStyleOffice BuildingYear Built1976CountyDUKESAPNEDGA M:029A B:0029 L:2

Schools near 148 Katama Road

This home is within Edgartown School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Edgartown Elementary School
PublicPK to 8

Martha's Vineyard Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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148 Katama Road is a multi-family home for sale in Edgartown, MA 02539. This listing's school districts are Edgartown School District, Marthas Vineyard School District. Nearby schools include Edgartown Elementary School and Martha's Vineyard Regional High School. 148 Katama Road is a 5-bed, 4-bath, 3,654 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lamacchia Realty, Chelsea Brennan

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.