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    Blackstone, MA
    Multifamily

    Blackstone, MA Multifamily Properties for Sale

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    North Smithfield, RI Woonsocket, RI Millville, MA Bellingham, MA Uxbridge, MA Cumberland, RI Lincoln, RI Burrillville, RI
    Triplex with Coin-Operated Laundry
    Updated: Jul 15
    Triplex with Coin-Operated Laundry

    28 Richmond St, Blackstone, MA 01504

    $639,900
    3,226 sqft 0.11 AC lot
    Three‑family (triplex) configuration
    Coin‑operated laundry in the basement
    Separate utilities with tenants paying the majority of expenses
    Low‑maintenance vinyl siding
    Off‑street parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    28 Richmond St, Blackstone, MA 01504

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    • Est. Cap Rate

      6.8%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $623K
      Suggested

    • Property Type

      Triplex
      Built 1900
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    Well-Maintained Three-Family Investment Property
    Updated: May 12
    Well-Maintained Three-Family Investment Property

    612 Rathbun St, Blackstone, MA 01504

    $599,900
    3,600 sqft
    Three spacious 3‑bed units (approximately 1,200 sq ft each).
    Extensive infrastructure upgrades since 2020, including electrical, plumbing, roof, and water heaters.
    Separate utilities and in‑unit laundry hookups for each unit.
    Long‑term tenants with below‑market rents offer substantial future income upside.
    Parking for 8+ vehicles and a beautiful yard.
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    Three-Family Rental Property
    Three-Family Rental Property

    28 Richmond St, Blackstone, MA 01504

    $639,900

    Well-maintained three-family property with updated units, coin-operated basement laundry, and separate utilities.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Blackstone, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Side-by-Side Duplex with 3-Unit Building
    Side-by-Side Duplex with 3-Unit Building

    409 Rathbun Street, Woonsocket, RI 02895

    $979,000
    5,938 sqft 0.18 AC lot

    Two-building property totaling five residential units on a 0.18-acre lot in R4 zoning.

    View details
    Two-Building Apartment Property
    Two-Building Apartment Property

    411 Rathbun Street, Woonsocket, RI 02895

    $979,000
    6,000 sqft 0.18 AC lot

    Five residential units include a side-by-side duplex and renovated three-family building.

    View details
    Two-Building 5-Unit Residential Portfolio
    Two-Building 5-Unit Residential Portfolio

    65 Bellingham Street, Woonsocket, RI 02895

    Contact for pricing
    6,126 sqft

    Five rental units across two buildings, including dedicated garages and shared backyard space, offer practical long-term income potential.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    995 Social St, Woonsocket, RI 02895

    Contact for pricing

    Three units each offer three bedrooms and one bath, with on-site laundry and basements providing additional access and storage.

    View details

    Off-Market Properties in Blackstone, MA

    Consider similar Off-Market properties in Blackstone, 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.

    92 Main St
    BOARDING/ROOMING HOUSE

    92 Main St, Blackstone, MA 01504-2209

    $310,000
    Estimated value
    2,750 sqft 0.22 AC lot
    View details

    Blackstone, MA Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Blackstone, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,826 square feet of properties for sale, with an estimated market value of $1,879,700.

    Sale prices for multifamily properties in Blackstone, MA start at $599,900, averaging $626,566, and reaching up to $639,900 — 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

    Triplexes 3
    Apartment buildings 2

    Demographics Overview

    Population 9,211
    Population Growth (5Y) -0.4%
    Median Household Income $98,986
    College Educated 46.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01504 $632.4K

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $26.48 per SF
    Tax Rate vs County Average 0.18 pp below 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 Blackstone fall within the 10,000 to 25,000 square foot range.

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