2-Unit Duplex with Enclosed
New
For Sale
$439,900
37 Walsh Ave, Auburn, MA 01501
Residential Income, Auburn, MA
Property Size2,326 SF
Lot Size0.30 Acres
Price / SF$189.12
Days on Market2
Property Features for 37 Walsh Ave
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
LB
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2
Parking
5
Fireplace
1
Directions
Auburn Street to Walsh Ave
Standard status
Active
APN
1456069
Size
2,326 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5945
Amenities
fireplace
washer/dryer hookups
porches
Building Details
Year built
1955
Floors in Building
2
Number of units
2
Architectural style
Ranch
Buildings
1
Listing Agency:
RE/MAX Vision · RE/MAX International
Listed By:
Jeff Burk
(508) 595-9900
Added: Oct 24
Last Checked: Oct 25 at 2:06PM
MLS# 73594765
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1955, this duplex contains two two-bedroom units with matching layouts. The property totals 2,326 square feet on a 0.2973-acre lot and includes enclosed porches totaling more than 600 square feet. A garden-level bonus room has a fireplace, washer and dryer hookups, and access to the backyard. Off-street parking and mature trees are also present. The property is zoned LB.
Key Highlights
- Two matching units, each with 2 bedrooms
- 2,326 square feet on a 0.2973‑acre lot
- Enclosed porches totaling more than 600 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,442
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,840
$628.8K
Cap Rate 7%
$449,171
$449.2K
Cap Rate 9%
$349,356
$349.4K
Market Conditions
NOI Build-Up for 2,326 SF
Gross rent
$46.1K $19.80/SF
− Vacancy
−$1.1K −$0.49/SF
EGI
$44.9K $19.31/SF
− OpEx
−$13.5K −$5.79/SF
NOI
$31.4K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,840
Cap Rate 7%
$449,171
Cap Rate 9%
$349,356
Alternative Uses
Best Use
Multifamily LT 5
$449.2K
$393.0K – $524.0K
NOI $31,442 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$390.9K
$342.0K – $456.1K
NOI $27,363 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$794.3K
$695.0K – $926.7K
NOI $55,601 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
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Business Placement
Demographics for 01501, MA
16,731
Population
7,040
Households
2.4
Avg Household Size
44
Median Age
42%
College-Educated
93%
High-School Grad
15.3 sq mi
ZIP Area
1,094
Density / Sq Mi
$101,929
Median Household Income
$62,296
Median Earnings
$1,241
Median Rent
$363,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching floor plans provide separate living spaces, with a garden-level bonus room adding flexibility.
Where is this duplex located?
The property is located at 37 Walsh Ave Auburn, MA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms; 2,326 square feet on a 0.2973‑acre lot; Enclosed porches totaling more than 600 square feet
