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Duplex with Two-Car Garage

8 Arcadia St, Worcester, MA 01604

For Sale
New
$629,900

Residential Income, Worcester, MA

Property Size1,952 SF
Lot Size0.27 Acres
Price / SF$322.69
Days on Market3

Property Features for 8 Arcadia St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RL-7
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2
Parking 8
Directions Use GPS
Standard status Active
APN M:0034 B:0018 L:1921,1792706
Size 1,952 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 6105

Building Details

Year built 1923
Floors in Building 2
Number of units 2
Buildings 1
Listing Agency: Keller Williams Pinnacle Central · Keller Williams Realty
Listed By: Sarah Gustafson
Added: Nov 11 Last Checked: Nov 13 at 11:06PM
MLS# 73601020

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.

Rey
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Investment Insights

Based on property information with market context.

This 1923 duplex contains two apartments, each with two bedrooms, an updated kitchen and bathroom, and an enclosed porch. The building totals 1,952 square feet on a 0.2748-acre lot and is zoned RL-7. Recent work includes vinyl siding, heating systems, electrical service, and rebuilt porches. Both units will be delivered vacant.

An oversized two-car garage includes partially finished storage space. The property is at 8 Arcadia St in Worcester, with shopping, restaurants, public transportation, and major highways nearby.

Key Highlights

  • Two apartments, each with two bedrooms
  • 1,952‑square‑foot building on a 0.2748‑acre lot
  • Oversized two‑car garage with partially finished storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,666
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,320 $573.3K
Cap Rate 7%
$409,514 $409.5K
Cap Rate 9%
$318,511 $318.5K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$43.3K $22.20/SF
− Vacancy
−$2.4K −$1.22/SF
EGI
$41.0K $20.98/SF
− OpEx
−$12.3K −$6.29/SF
NOI
$28.7K $14.69/SF
Area
Worcester, MA
Vacancy
5.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,320
Cap Rate 7%
$409,514
Cap Rate 9%
$318,511

Alternative Uses

Best Use
Multifamily LT 5
$409.5K
$358.3K – $477.8K (±1% cap)
NOI $28,666 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$375.9K
$328.9K – $438.6K (±1% cap)
NOI $26,314 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$651.5K
$570.1K – $760.1K (±1% cap)
NOI $45,607 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 01604, MA

41,301
Population
18,166
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
86%
High-School Grad
6.6 sq mi
ZIP Area
6,258
Density / Sq Mi
$72,911
Median Household Income
$45,596
Median Earnings
$1,570
Median Rent
$321,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Worcester, MA

$258 Jul
$258 Aug
$271 Sep
$266 Oct

Properties on Market for Duplexes in Worcester

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both apartments are vacant and feature two bedrooms, updated kitchens and bathrooms, and enclosed porches.
Where is this duplex located?
The property is located at 8 Arcadia St Worcester, MA.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Two apartments, each with two bedrooms; 1,952‑square‑foot building on a 0.2748‑acre lot; Oversized two‑car garage with partially finished storage
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