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    Gloucester, MA
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    Gloucester, MA Multifamily Properties for Sale

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    Renovated Two-Family Duplex
    Updated: Jun 6
    Renovated Two-Family Duplex

    15 Shepherd St, Gloucester, MA 01930

    $619,900
    1,405 sqft
    Renovated two‑family home built in 1900, located moments from downtown Gloucester
    Recent upgrades include a new roof, replacement windows, and upgraded heating systems
    Unit 1 completely renovated with a brand‑new kitchen and bathroom
    Each unit has separate heating systems, hot water, and updated electrical utilities
    Recently installed fire alarm system
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    This listing looks promising.

    Here's a quick look at some key insights for

    15 Shepherd St, Gloucester, MA 01930

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $24K
      Annual

    • Price @ 7% Cap

      $338K
      Suggested

    • Property Type

      Duplex
      Built 1900
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    Historic Gloucester Harbor Inn/Multifamily
    Updated: Apr 14
    Historic Gloucester Harbor Inn/Multifamily

    53-55 Western Avenue, Gloucester, MA 01930

    $1,800,000
    4,628 sqft
    Historic 1741 Post & Beam Colonial overlooking Gloucester Harbor and the Fisherman's Memorial.
    Beach and harbor access directly across the street.
    Currently configured as a multi‑family property with 3 apartments and 2 suites, offering income potential.
    Abundant parking including a 2‑car garage with ADU potential.
    Features exposed beams, wood flooring, a fireplace, and common decks/patio.
    View details
    Gloucester Two-Family Home
    Gloucester Two-Family Home

    30 Addison St, Gloucester, MA 01930

    $699,000
    2,032 sqft

    Two-unit property near downtown Gloucester, ideal for investors or homeowners.

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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Gloucester Two-Family Home For Sale
    Gloucester Two-Family Home For Sale

    35 Reservoir Rd, Gloucester, MA 01930

    $1,299,000
    0.24 AC lot

    Well-maintained two-family home with income potential near Gloucester's amenities.

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

    13 Flume Rd, Gloucester, MA 01930

    $1,999,999

    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 7 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, 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.

    Salem Two-Family Home with Pool
    Salem Two-Family Home with Pool

    1 English St, Salem, MA 01970

    $850,000
    2,487 sqft 0.13 AC lot

    Two-family property in Salem with a private, fenced backyard.

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    Danvers Two-Family Home
    Danvers Two-Family Home

    12 Chestnut St, Danvers, MA 01923

    $919,900
    2,273 sqft

    Spacious two-family home in convenient location, ideal for investors.

    View details
    Two-Family Residential Income Home
    Two-Family Residential Income Home

    31 Bates St, Danvers, MA 01923

    $949,900

    Immaculately maintained two-family residence with two separate units, central air, and in-unit laundry.

    View details
    Salem Two-Family Home For Sale
    Salem Two-Family Home For Sale

    8 Webb St, Salem, MA 01970

    $475,000

    Well-maintained two-family home in a desirable Salem location.

    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.

    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.

    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
    Residential Land in Rural Setting
    Residential Land in Rural Setting

    Lot 26C Jennings Road, Leeds, ME 04263

    $69,000
    307,098.00 AC lot

    7.05-acre lot in Leeds, Maine, ready for home plans.

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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

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

    28 Eastern Pt Rd, Gloucester, MA 01930-4130

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

    126 Prospect St, Gloucester, MA 01930-3746

    $770,000
    Estimated value
    5,284 sqft 0.16 AC lot
    View details
    212 Hesperus Ave
    BOARDING/ROOMING HOUSE

    212 Hesperus Ave, Gloucester, MA 01930-3946

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

    Gloucester, MA Multifamily Properties Market Trends and Statistics

    Explore 11 multifamily properties for sale in Gloucester, MA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 16,133 square feet of properties for sale, with an estimated market value of $5,207,900.

    Sale prices for multifamily properties in Gloucester, MA start at $619,900, averaging $1,301,975, and reaching up to $2,089,000 — 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 3
    Apartment buildings 2
    Quadplexes 1

    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 $1.3M

    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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