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    Vacant Five-Family Investment Property
    Updated: Jun 24
    Vacant Five-Family Investment Property

    1524 Main St, Worcester, MA 01603

    $765,000
    4,260 sqft 0.32 AC lot
    Fully vacant five‑family property built in 1910, sold AS IS
    Four of the five units have been renovated with modern updates
    Renovated units include new hot water tanks and brand‑new, never‑used appliances
    Remaining unit has been taken down to the studs with new plumbing and new electrical wiring completed
    Off‑street parking available for tenants
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    This listing looks promising.

    Here's a quick look at some key insights for

    1524 Main St, Worcester, MA 01603

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $57K
      Annual

    • Price @ 7% Cap

      $820K
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1910
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    Two Triple Decker Apartment Buildings
    Updated: Jul 19
    Two Triple Decker Apartment Buildings

    15-17 Dorchester St, Worcester, MA 01610

    $850,000
    4,727 sqft 0.09 AC lot
    Two triple‑decker homes on one lot, built in 1890
    Front building (17): 1–3BR per unit with large kitchen and living room; basement and first‑floor units are 1BR each
    Front building includes separate utilities for each unit
    Back building (15): first‑floor unit has 2BR with baseboard heat
    Back building (15): second‑floor 2BR with gas parlor heaters; third‑floor 1BR has gas central heat
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    Five-Unit Multifamily Investment
    Five-Unit Multifamily Investment

    71 Esther St, Worcester, MA 01607

    $895,000
    3,000 sqft 0.11 AC lot

    Two multifamily buildings on one lot offer three 2-bedroom units and two 1-bedroom units.

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    Three-Story Six-Unit Apartment Buildings
    Three-Story Six-Unit Apartment Buildings

    86 Hamilton Street, Worcester, MA 01604

    $2,300,000
    12,535 sqft 0.29 AC lot

    Two three-story six-unit buildings offer renovated and non-renovated units with separate utilities and tenant parking.

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    Licensed Rooming House with 9 Bedrooms
    Licensed Rooming House with 9 Bedrooms

    60 Fruit Street, Worcester, MA 01609

    $750,000
    2,694 sqft 0.11 AC lot

    Well-sized licensed rooming house with an eat-in kitchen, two full baths, and coin-op laundry, fully rented.

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    Two Three-Unit Apartment Buildings
    Two Three-Unit Apartment Buildings

    9-11 Dover St, Worcester, MA 01609

    $1,650,000
    6,885 sqft 0.17 AC lot

    Well-maintained two-building multifamily with mostly vacant units, offering new ownership flexibility to set rents.

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    Worcester Multifamily/Office Conversion Opportunity
    Worcester Multifamily/Office Conversion Opportunity

    906 Main St, Worcester, MA

    $665,000
    5,091 sqft 0.18 AC lot

    Three-story building near downtown Worcester with redevelopment potential.

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    Multifamily Investment Opportunity
    Multifamily Investment Opportunity

    70-72 Russell Street, Worcester, MA 01609

    $2,495,000
    12,424 sqft

    Two buildings with 13 units, recent renovations, and upgrades.

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    Multifamily Development Opportunity on Shrewsbury
    Multifamily Development Opportunity on Shrewsbury

    393-397 Shrewsbury St, Worcester, MA 01604

    $1,600,000
    0.39 AC lot

    Permitted 24-unit multifamily complex with commercial space in Worcester.

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    Side-by-Side Six-Unit Apartment Buildings
    Side-by-Side Six-Unit Apartment Buildings

    86-92 Hamilton St, Worcester, MA 01604

    $2,300,000
    9,234 sqft 0.29 AC lot

    Two side-by-side six-unit buildings with a sprinklered, fully renovated component, separately metered utilities, and on-site laundry.

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    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    23 Millbury Street, Worcester, MA 01610

    Contact for pricing
    18,000 sqft

    Two retail storefronts and nine apartments in one mixed-use property, with resident laundry hookups and recently replaced roofs.

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    Turnkey Occupied Retail Suite
    Turnkey Occupied Retail Suite

    56 Water Street, Worcester, MA 01604

    Contact for pricing
    21,295 sqft

    Fully occupied retail/commercial space currently built out for a vegan eatery.

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    Two-Building Multifamily Investment
    Two-Building Multifamily Investment

    71 Esther St, Worcester, MA 01607

    $895,000

    Two separate buildings on one lot offer three 2-bedroom units and two 1-bedroom units, with multiple recent capital improvements.

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    Income-Producing Rooming House Near WPI
    Income-Producing Rooming House Near WPI

    60 Fruit Street, Worcester, MA 01609

    $750,000

    Turnkey investment property with 9 bedrooms near WPI campus.

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    Clustered 24-Unit Multifamily Portfolio
    Clustered 24-Unit Multifamily Portfolio

    2 Ureco Ter Portfolio, Worcester, MA 01602

    $4,850,000

    Portfolio of five properties totaling 24 units along one private drive, with 95.8% occupancy and recent capital improvements.

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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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    Multifamily Building with Skyline Views
    Multifamily Building with Skyline Views

    66 Wall Street, Worcester, MA 01604

    $724,000
    2,886 sqft 0.24 AC lot

    Clean, well-maintained 9-bedroom multifamily with separate utilities and a vacant second-floor owner-occupant unit.

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    Worcester Multifamily and Single Family
    Worcester Multifamily and Single Family

    49 Richland St And 10 Dorchester, Worcester, MA 01610

    $800,000
    0.10 AC lot

    Multifamily and single family homes near downtown Worcester.

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    Renovated 32-Unit Apartment Building
    Renovated 32-Unit Apartment Building

    22 Waverly St, Worcester, MA 01604

    $11,900,000
    0.48 AC lot

    Fully renovated 32-unit apartment building in prime location.

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    Mixed-Use Property Near Polar Park
    Mixed-Use Property Near Polar Park

    146 -152 Chandler, Worcester, MA 01609

    $2,900,000
    0.45 AC lot

    17-unit mixed-use property with retail and residential units.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 20 Active Listings in Worcester, MA, we suggest to view alternatives - similar 8 Off-Market properties to explore as potential leads.

    Off-Market Properties in Worcester, MA

    Consider similar Off-Market properties in Worcester, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8 Oread St
    Multifamily properties

    8 Oread St, Worcester, MA 01608

    Value Estimation by Request
    25,606 sqft
    View details
    393-397 Shrewsbury St
    Multifamily properties

    393-397 Shrewsbury St, Worcester, MA 01604

    Value Estimation by Request
    1 sqft 0.39 AC lot
    View details
    222-228 Park Avenue Pl
    Multifamily properties

    222-228 Park Avenue Pl, Worcester, MA 01609

    Value Estimation by Request
    10,931 sqft 0.35 AC lot
    View details
    10 Ellsworth St
    Multifamily properties

    10 Ellsworth St, Worcester, MA 01610

    Value Estimation by Request
    6,140 sqft
    View details

    Worcester, MA Apartment Buildings Market Trends and Statistics

    Explore 28 apartment buildings for sale in Worcester, MA, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 59,009 square feet of properties for sale, with an estimated market value of $12,544,000.

    Sale prices for two-family homes in Worcester, MA start at $665,000, averaging $1,393,777, and reaching up to $2,495,000 — 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 211K
    Population Growth (5Y) +11.9%
    Median Household Income $69,313
    College Educated 29.5%

    High-Yield Neighborhoods for Investment

    Identify Worcester submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01603 $765K
    01610 $800K
    01604 $1.3M
    01609 $3M

    Taxes & Financing

    Tax Rate (average for all types) 2.83%
    Property Tax per SF $30.23 per SF
    Tax Rate vs County Average 1.04 pp above 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Worcester fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Worcester, MA

    • 01604
    • 01609
    • 01603
    • 01610
    • 01602
    • 01607

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