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    Essex, MA
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    Essex, MA Multifamily Properties for Sale

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    Ipswich, MA Gloucester, MA Beverly, MA Wenham, MA Hamilton, MA Lawrence, MA Rowley, MA Rockport, MA
    Mixed-Use Retail and Residential Property
    Updated: Jun 5
    Mixed-Use Retail and Residential Property

    7 Main St, Essex, MA 01929

    $785,000
    2,376 sqft
    Two‑story mixed‑use building: retail/office on the 1st floor and residential use on the 2nd floor
    1st floor features a restroom/1/2 bath, oversized kitchen, two generous office spaces, and one small office/work space
    2nd floor residential unit includes 1 to 2 bedrooms, plus office space, living room, kitchen, full bath, and washer/dryer area
    Architectural shingle roof is approximately 4 years old
    Gas boiler and associated components were new in December 2023
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Essex, 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.

    Two-Family Home with Screened Porches
    Two-Family Home with Screened Porches

    29-31 Argilla Road, Ipswich, MA 01938

    $995,000
    2,747 sqft

    Two separate units feature screened porches, wood floors, and updated roof and furnace.

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    Ipswich Mixed-Use Historic Property
    Ipswich Mixed-Use Historic Property

    57 East Street, Ipswich, MA 01938

    $974,500
    342 sqft

    Mixed-use property with bakery, apartment, and storage building.

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    Three-Family Home with Extra Lot
    Three-Family Home with Extra Lot

    368 Essex Avenue, Gloucester, MA 01930

    $1,399,000
    3,831 sqft 3.70 AC lot

    Three-family residence on 2.44 acres, plus an additional 1.26-acre lot, totaling 3.7 acres.

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    Gloucester Development Opportunity on 3.7 Acres
    Gloucester Development Opportunity on 3.7 Acres

    368 Essex Ave, Gloucester, MA 01930

    $1,499,000

    3.7-acre parcel with income potential and development opportunities in Gloucester.

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    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.

    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.

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    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.

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    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.

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    Augusta Land For Sale
    Augusta Land For Sale

    Map 15 Lot 6C Spring Road, Augusta, ME 04330

    $99,000
    14.63 AC lot

    14.63 acre lot in Augusta's Rural Village Zoning.

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    Essex, MA Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Essex, MA on our real estate platform. These investment opportunities span a total of 2,376 square feet of properties for sale, with an estimated market value of $785,000.

    Sale prices for multifamily properties in Essex, MA average $785,000 — 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 1

    Demographics Overview

    Population 3,605
    Population Growth (5Y) -2.9%
    Median Household Income $151,509
    College Educated 97.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01929 $785K

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $29.48 per SF
    Tax Rate vs County Average 0.37 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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