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    Belmont, MA
    Multifamily

    Belmont, MA Multifamily Properties for Sale

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    Two-Unit Residential Income Property
    Updated: Jul 14
    Two-Unit Residential Income Property

    9 Spruce St, Belmont, MA 02478

    $1,599,000
    2,872 sqft 0.16 AC lot
    Two‑family home built in 1915
    Each unit features 3 bedrooms and 1 bathroom (total: 6 bedrooms, 2 bathrooms)
    Both units include a pantry, in‑unit laundry, and a private enclosed back porch
    Hardwood floors and period natural woodwork are found throughout the home
    Corner lot setting with separate unit access from different streets
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    This listing looks promising.

    Here's a quick look at some key insights for

    9 Spruce St, Belmont, MA 02478

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $61K
      Annual

    • Price @ 7% Cap

      $868K
      Suggested

    • Property Type

      Duplex
      Built 1915
    View Property Analytics
    Two-Family Home with Corner Access
    Updated: Jul 14
    Two-Family Home with Corner Access

    9 Spruce St, Belmont, MA 02478

    $1,599,000
    2,872 sqft
    Two‑family home built in 1915 with character and timeless architectural details
    Each unit has 3 bedrooms with hardwood floors and natural woodwork
    Both units include in‑unit laundry and a pantry
    Each unit has a private enclosed back porch
    Corner lot with separate street access for each unit, creating a more single‑family feel
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Belmont, 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.

    9-Unit Multifamily Development Opportunity
    9-Unit Multifamily Development Opportunity

    14-16 Field Street, Cambridge, MA 02138

    $3,500,000
    10,544 sqft

    Proposed 9-unit multifamily development with a mix of two- and three-bedroom residences featuring private outdoor space.

    View details
    Two-Family Residential Income Property
    Two-Family Residential Income Property

    13-15 Columbia St, Watertown, MA 02472

    $1,225,000
    2,862 sqft

    Well-maintained two-family with period details, porches, studies in both units, and updated heating and electrical systems.

    View details
    Brick Two-Family Duplex with Garage
    Brick Two-Family Duplex with Garage

    55-57 York Ave, Watertown, MA 02472

    $975,000

    Two well-laid-out units feature hardwood floors, a full separate basement, and private rear-yard space.

    View details
    Charming Two-Family Residence
    Charming Two-Family Residence

    14-16 Field St, Cambridge, MA 02138

    $1,699,000
    0.09 AC lot

    Two-family residence in desirable location near transportation, shops, and parks.

    View details

    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.

    Residential Development Land with Ranch
    Residential Development Land with Ranch

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surveyed for future subdivision of multiple home lots, with a 1998 2-bed, 2-bath ranch on site.

    View details
    Wooded Land in Gorham, Maine
    Wooded Land in Gorham, Maine

    30 Boreal Drive, Gorham, ME 04038

    $425,000
    5.46 AC lot

    5+ acre wooded parcel near Gorham's downtown.

    View details
    No-Zoning Land with Sand Deposits
    No-Zoning Land with Sand Deposits

    lovejoy brook Road, Canaan, NH 03784

    $1,900,000
    201.00 AC lot

    Large Canaan acreage offering no-zoning flexibility and sand and gravel deposits for a variety of development concepts.

    View details
    Two-Family Home with Detached Garage
    Two-Family Home with Detached Garage

    39 Halsey Avenue, Southampton, NY 11968

    $2,300,000
    0.33 AC lot

    Vacant two-family residence on a 0.33-acre lot with a detached two-bay car garage and long driveway.

    View details

    Belmont, MA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Belmont, MA on our real estate platform. These investment opportunities span a total of 5,744 square feet of properties for sale, with an estimated market value of $3,198,000.

    Sale prices for multifamily properties in Belmont, MA start at $1,599,000, averaging $1,599,000, and reaching up to $1,599,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +3.6%
    Median Household Income $177,790

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02478 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $8.02 per SF
    Tax Rate vs County Average 0.71 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

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