Multifamily

Leicester, MA Multifamily Properties for Sale

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Turnkey Four-Unit Residential Income
Updated: Mar 13
Turnkey Four-Unit Residential Income

963 Main St, Leicester, MA 01524

$900,000
4,072 sqft
Turnkey 4‑unit property (Year built 1822) with fully renovated one- and two‑bedroom layouts
Updated kitchens and baths plus luxury vinyl plank and hardwood flooring throughout units
Individually metered water and electric; tenants pay all utilities
New heat pump systems for efficient heating and cooling
City water and city sewer; individually metered utility setup supports separate tenant billing
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Brick Triplex with 4 Garages
Updated: Jun 3
Brick Triplex with 4 Garages

8-10 Pleasant Street, Leicester, MA 01524

$725,000
Triplex with three residential apartments plus 4 garages on a large paved lot providing parking
Includes two 1,100 SF single‑story units and an attached 2–3 bedroom townhouse with a full basement
Oversized walk‑up attic offers expansion options
Town water and sewer, brick exterior for minimal exterior maintenance
Two new gas heating systems and hot water tanks just installed; third furnace is oil (approx. 7 years) with new oil tank
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Leicester, 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.

Vacant Five-Family Residential Building
Vacant Five-Family Residential Building

1524 Main St, Worcester, MA 01603

$755,000
4,260 sqft 0.32 AC lot

Fully vacant five-family property with off-street parking, four units renovated and one unit stripped to the studs.

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Renovated Triplex Across From Pond
Renovated Triplex Across From Pond

42 Maple Street, Spencer, MA 01562

$599,900
3,662 sqft 0.08 AC lot

Updated triplex near downtown, ideal for owner-occupants or investors.

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Vacant Five-Family Residential Building
Vacant Five-Family Residential Building

1524 Main St, Worcester, MA 01603

$765,000

Fully vacant five-family property with multiple renovated units, off-street parking, and AS-IS condition for tailored improvements.

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11-Unit Multifamily Investment
11-Unit Multifamily Investment

9-11 Maple St, Spencer, MA 01562

$1,500,000

Two connected buildings offer 10 one-bedroom units and one two-bedroom unit with off-street parking and shared laundry.

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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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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.

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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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Expansive Land Parcel in Holmes
Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000
2,480 sqft 75.32 AC lot

75+ acre land parcel with garage near I-84.

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Leicester, MA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Leicester, MA on our real estate platform. These investment opportunities span a total of 4,072 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for multifamily properties in Leicester, MA start at $900,000, averaging $900,000, and reaching up to $900,000 — 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

Quadplexes 1

Demographics Overview

Population 6,110
Population Growth (5Y) -11.5%
Median Household Income $93,191
College Educated 43.8%

Taxes & Financing

Tax Rate (average for all types) 1.26%
Property Tax per SF $34.52 per SF
Tax Rate vs County Average 0.55 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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