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    Leicester, MA
    Apartment Building

    Leicester, MA Apartment Buildings for Sale

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    Spencer, MA Worcester, MA Oxford, MA Auburn, MA East Brookfield, MA Holden, MA Charlton, MA Rutland, MA
    Historic Multifamily Conversion Property
    Updated: Jun 3
    Historic Multifamily Conversion Property

    981 Main St, Leicester, MA 01524

    $499,900
    Built in 1840, this multifamily property at 981 Main St includes a town‑reviewed plan to convert to 8 units
    Conversion plan includes off‑street parking
    17 parking spots are approved for the project
    Asbestos remediation is complete, and the setup is near the permitting process
    Historic Tax Credits may be available for redevelopment and restoration
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Leicester, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vacant Five-Family Residential Building
    Vacant Five-Family Residential Building

    1524 Main St, Worcester, MA 01603

    $755,000
    4,260 sqft 0.32 AC lot

    Fully vacant five-family property with off-street parking, four units renovated and one unit stripped to the studs.

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    Mixed-Use Property with Retail
    Mixed-Use Property with Retail

    106 Main Street, Spencer, MA 01562

    $1,100,000
    17,554 sqft

    17-unit mixed-use building with 13 residential and 4 commercial units, with month-to-month leases.

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    Vacant Five-Family Residential Building
    Vacant Five-Family Residential Building

    1524 Main St, Worcester, MA 01603

    $765,000

    Fully vacant five-family property with multiple renovated units, off-street parking, and AS-IS condition for tailored improvements.

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    11-Unit Multifamily Investment
    11-Unit Multifamily Investment

    9-11 Maple St, Spencer, MA 01562

    $1,500,000

    Two connected buildings offer 10 one-bedroom units and one two-bedroom unit with off-street parking and shared laundry.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Leicester, MA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Leicester, MA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $499,900.

    Sale prices for two-family homes in Leicester, MA start at $499,900, averaging $499,900, and reaching up to $499,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,110
    Population Growth (5Y) -11.5%
    Median Household Income $93,191
    College Educated 43.8%

    Taxes & Financing

    Tax Rate (average for all types) 1.26%
    Property Tax per SF $34.52 per SF
    Tax Rate vs County Average 0.55 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Worcester County

    New Delisted

    Total CRE Inventory on Market (SF)

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