Multifamily

Gloucester, MA Multifamily Properties for Sale

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11 properties
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Three-Unit Residential Income Property
Updated: Aug 11
Three-Unit Residential Income Property

20 Shepherd St, Gloucester, MA 01930

$799,000
2,904 sqft 0.11 AC lot
Three residential units, each with 2 bedrooms and 1 full bathroom
2,904‑square‑foot triplex on a 0.109‑acre lot
R‑5 zoning supports the property’s multifamily classification
Driveway parking accommodates multiple vehicles
Built in 1900 at 20 Shepherd St, Gloucester, MA 01930
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Duplex with Shared Yard
Updated: Sep 29
Duplex with Shared Yard

19 Sadler St, Gloucester, MA 01930

$620,000
1,944 sqft
Two apartments totaling 1,944 square feet; built in 1900
Front unit has three upstairs bedrooms, an open kitchen, and a family room
Rear unit includes one bedroom, pantry and storage space, and in‑unit laundry
Both units are occupied by tenants at will; each tenant pays their own utilities
Shared yard and driveway parking
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Two-Unit Duplex with Shared Yard
Two-Unit Duplex with Shared Yard

19 Sadler Street, Gloucester, MA 01930

$620,000
1,944 sqft

Owner-occupant layout with separate living areas, kitchens, bathrooms, and laundry facilities.

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Three-Family Residential Development Parcel
Three-Family Residential Development Parcel

368 Essex Avenue, Gloucester, MA 01930

$1,149,000
3,831 sqft 3.70 AC lot

For sale 3.7-acre parcel with a three-family home and an additional lot, zoned R20 with potential ANR subdivision.

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Oceanfront Duplex with Private Decks
Oceanfront Duplex with Private Decks

41-B Wingaersheek Rd, Gloucester, MA 01930

$4,295,000
2,336 sqft

Two residences combine open-concept interiors, modern finishes, private outdoor space, and direct beach access.

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Oceanfront Duplex
Oceanfront Duplex

41-b Wingaersheek Road, Gloucester, MA 01930

$4,295,000
2,336 sqft

Two self-contained residences combine contemporary coastal design with private outdoor decks and direct beach access.

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Townhouse-Style Duplex
Townhouse-Style Duplex

1 Granite Court, Gloucester, MA 01930

$799,000
2,530 sqft

Two units include decks, fenced yards, and separate laundry facilities.

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Mixed-Use Building on Main Street
Mixed-Use Building on Main Street

100-102 Main St, Gloucester, MA 01930

$2,089,000
8,068 sqft

Mixed-use building with retail and residential units in Gloucester, MA.

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Three-Unit Multifamily Property
Three-Unit Multifamily Property

9 Knowlton Sq, Gloucester, MA 01930

$789,000

Townhouse-style and garden-style residences include flexible layouts, a private backyard, and off-street parking.

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Two-Bedroom Triplex
Two-Bedroom Triplex

20 Shepherd St, Gloucester, MA 01930

$799,000

Each residence offers two bedrooms, one full bath, and access to driveway parking for multiple vehicles.

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Mixed-Use Property Near the Ocean
Mixed-Use Property Near the Ocean

13 Flume Rd, Gloucester, MA 01930

Contact for pricing

Mixed-use property with apartments and retail in Magnolia Village.

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Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 11 Active listings in Gloucester, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Five-Unit Apartment Building
Five-Unit Apartment Building

19 Essex St, Beverly, MA 01915

$1,400,000
4,740 sqft

A varied bedroom mix is paired with off-street tenant parking and access to Beverly’s central amenities.

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Two-Family Duplex Requiring Updates
Two-Family Duplex Requiring Updates

19 Eastern Ave, Essex, MA 01929

$675,000
2,392 sqft

Historic two-unit property near downtown Essex with separate living spaces and renovation needs.

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3-Unit Residential Property
3-Unit Residential Property

13 Knowlton St, Beverly, MA 01915

$1,199,000
3,328 sqft

Historic multifamily property with generous residential layouts and convenient access to downtown amenities and commuter rail.

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Duplex with Private Garages
Duplex with Private Garages

5 Landing Rd, Essex, MA 01929

$1,300,000

Two attached residences provide separate entrances and direct access to a shared outdoor deck.

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Off-Market Properties in Gloucester, MA

Consider similar Off-Market properties in Gloucester, 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.

3 Eastern Pt Rd
BOARDING/ROOMING HOUSE

3 Eastern Pt Rd, Gloucester, MA 01930-4165

Estimated value:
$1,225,000
2,717 sqft 0.05 AC lot
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28 Eastern Pt Rd
BOARDING/ROOMING HOUSE

28 Eastern Pt Rd, Gloucester, MA 01930-4130

Estimated value:
$935,000
5,050 sqft 0.64 AC lot
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126 Prospect St
BOARDING/ROOMING HOUSE

126 Prospect St, Gloucester, MA 01930-3746

Estimated value:
$865,000
5,284 sqft 0.16 AC lot
View details
212 Hesperus Ave
BOARDING/ROOMING HOUSE

212 Hesperus Ave, Gloucester, MA 01930-3946

Estimated value:
$1,015,000
4,637 sqft 0.20 AC lot
View details

Gloucester, MA Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in Gloucester, MA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 25,893 square feet of properties for sale, with an estimated market value of $16,254,000.

Sale prices for multifamily properties in Gloucester, MA start at $620,000, averaging $1,625,400, and reaching up to $4,295,000 — 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

Triplexes 6
Duplexes 5
Apartment buildings 2

Demographics Overview

Population 30K
Population Growth (5Y) -0.6%
Median Household Income $87,898
College Educated 27.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
01930 $1.7M

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $7.06 per SF
Tax Rate vs County Average 0.74 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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