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Two-Unit Wood-Frame Duplex
For Sale
$350,000
Pending

137 Housatonic St, Lenox, MA 01240

MultiFamily, Lenox, MA

Property Size1,708 SF
Lot Size0.29 Acres
Days on Market137

Property Features for 137 Housatonic St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi, Residential
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 1
Parking features Off Street
Basement Dirt Floor
Appliances Washer, Refrigerator, Dryer, Dishwasher
Elementary school Morris
Middle school Lenox Memorial
High school Lenox Memorial
Directions North on Rt7 left on Housatonic St.
Subdivision Middle Registry
Standard status Pending
Size 1,708 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3410

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1890
Number of units 2
Flooring type Linoleum, Carpet, Wood
Building materials Wood Frame, Aluminum
Roof type Asphalt
Listing Agency: BERKSHIRE HATHAWAY HOMESERVICES BARNBROOK REALTY
Listed By: Maureen White-Kirkby · License #131083
Added: May 22 Changed: Sep 24 Last Checked: Oct 5 at 4:06PM
MLS# 249641

Copyright © 2026 Berkshire County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,708-square-foot duplex at 137 Housatonic St. contains two residential units on a 0.29-acre parcel. The first-floor residence offers two bedrooms, a spacious living area, and a kitchen. The upstairs unit includes one bedroom, one bathroom, a fireplace, and a rear deck. The property was built in 1890 and features wood-frame and aluminum construction, asphalt roofing, and a mix of wood, carpet, and linoleum flooring.

Public water and public sewer serve the property, with natural gas also available. On-site features include off-street parking, a basement, and appliances including a washer, dryer, refrigerator, and dishwasher. The roof was replaced in 2021. The home is being sold as-is, with no negotiation regarding inspection issues.

Key Highlights

  • Two‑unit duplex with 1,708 square feet on 0.29 acres
  • First‑floor unit has 2 bedrooms, spacious living area, and kitchen
  • Upstairs unit includes 1 bedroom, 1 bath, fireplace, and back deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,481
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,620 $509.6K
Cap Rate 7%
$364,014 $364.0K
Cap Rate 9%
$283,122 $283.1K
Market Conditions
NOI Build-Up for 1,708 SF
Gross rent
$36.9K $21.60/SF
− Vacancy
−$491 −$0.29/SF
EGI
$36.4K $21.31/SF
− OpEx
−$10.9K −$6.39/SF
NOI
$25.5K $14.92/SF
Area
Berkshire County, MA
Vacancy
1.33%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,620
Cap Rate 7%
$364,014
Cap Rate 9%
$283,122

Alternative Uses

Best Use
Multifamily LT 5
$364.0K
$318.5K – $424.7K (±1% cap)
NOI $25,481 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$333.4K
$291.8K – $389.0K (±1% cap)
NOI $23,341 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$500.1K
$437.6K – $583.5K (±1% cap)
NOI $35,007 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 01240, MA

4,692
Population
3,029
Households
1.5
Avg Household Size
57
Median Age
52%
College-Educated
95%
High-School Grad
23.9 sq mi
ZIP Area
196
Density / Sq Mi
$99,745
Median Household Income
$43,284
Median Earnings
$1,060
Median Rent
$480,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units sit near downtown Lenox with public water and sewer service.
Where is this duplex located?
The property is located at 137 Housatonic St Lenox, MA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,708 square feet on 0.29 acres; First‑floor unit has 2 bedrooms, spacious living area, and kitchen; Upstairs unit includes 1 bedroom, 1 bath, fireplace, and back deck
More about this property
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