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    Lancaster, MA
    Multifamily

    Lancaster, MA Multifamily Properties for Sale

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    Clinton, MA Sterling, MA Leominster, MA Berlin, MA Shirley, MA Harvard, MA Bolton, MA Hudson, MA
    Renovated Three-Unit Residential
    Updated: May 22
    Renovated Three-Unit Residential

    13 Mill Street, Lancaster, MA 01523

    $849,900
    3,610 sqft 2.67 AC lot
    Renovated 3‑family property built in 1930 on 2.67 acres
    2021 renovation with multiple rental units
    2nd unit: 2 beds and 1.5 baths (tenant moving out by 6/30)
    3rd unit: 1 bed and 2 full baths (tenant would like to stay)
    1st unit offers 3 beds and 3 baths, plus a huge finished lower level (owner‑occupy or rent)
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    Updated 3-Family with In-Law Barn
    Updated: Mar 11, 2025
    Updated 3-Family with In-Law Barn

    92 Mill Street, Lancaster, MA 01523

    $790,000
    3,557 sqft
    Updated 3‑family home with an on‑site in‑law unit and a large barn for additional space
    Nearly half‑acre level, cleared lot with an enclosed porch and rain gutters
    10 off‑street parking spaces
    Recent updates include renovated kitchens and baths, new roof, siding, windows, electrical upgrades, and newer heating plus hot water heater
    1 fireplace; insulated windows; full basement with bulkhead and concrete floor
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lancaster, 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 Residential Income Home
    Two-Family Residential Income Home

    8 Highland Street, Clinton, MA 01510

    $500,000
    1,805 sqft

    Well-maintained two-family home with two bedrooms and one full bath per unit, plus off-street parking and recent exterior updates.

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    Mobile Home Park with 42 Sites
    Mobile Home Park with 42 Sites

    1237 Central Street, Leominster, MA 01453

    $2,900,000
    14,270 sqft 5.00 AC lot

    Mobile home community with 42 sites and direct-access parking, with tenant-paid utilities and seller-paid water and sewer.

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    Side-by-Side Duplex Corner Lot
    Side-by-Side Duplex Corner Lot

    78-80 West Street, Clinton, MA 01510

    $509,000
    2,431 sqft

    Side-by-side duplex on a corner lot with open-concept first floors and walk-out basements.

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    Duplex with Patio Bar
    Duplex with Patio Bar

    60 Howard Street, Leominster, MA 01453

    $645,900
    3,512 sqft

    Two-unit duplex featuring wood floors, upgraded kitchens, a sunroom, and an outside/inside bar on the patio.

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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.

    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.

    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
    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

    Lancaster, MA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Lancaster, MA on our real estate platform. These investment opportunities span a total of 7,167 square feet of properties for sale, with an estimated market value of $1,639,900.

    Sale prices for multifamily properties in Lancaster, MA start at $790,000, averaging $819,950, and reaching up to $849,900 — 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 2
    Apartment buildings 1

    Demographics Overview

    Population 8,470
    Population Growth (5Y) +9.3%
    Median Household Income $130,444
    College Educated 69.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Property Tax per SF $51.00 per SF
    Tax Rate vs County Average 0.06 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)

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