Multifamily

Lexington, MA Multifamily Properties for Sale

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Two-Unit Residential Income Property
Updated: Mar 16
Two-Unit Residential Income Property

991 Massachusetts Avenue, Lexington, MA 02420

$1,400,000
1,620 sqft
2‑family built in 1940 with two separate units
Each unit offers 2 bedrooms, 1 full bath, living room, dining room, and kitchen with stainless steel appliances
Gas heat and gas range in each unit
Hardwood floors throughout each unit
Each unit includes 2 parking spaces
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lexington, 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.

Updated Two-Family Duplex
Updated Two-Family Duplex

188 Waverley Street, Belmont, MA 02478

$1,150,000
1,925 sqft

Well-maintained two-family duplex with double-pane windows, updated utilities, and multiple recent exterior and interior improvements.

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Two-Family Home with Enclosed Porches
Two-Family Home with Enclosed Porches

44 Peirce Street, Arlington, MA 02476

$995,000
2,644 sqft

Two updated units with 2+ bedrooms each, enclosed porches, and off-street parking near local transportation and schools.

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Updated Two-Family Duplex
Updated Two-Family Duplex

188 Waverley St, Belmont, MA 02478

$1,049,000

Well-maintained two-family with double-pane windows and multiple recent system and interior updates.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

47 Park Ave Ext, Arlington, MA 02474

$1,549,000

Pristine brick triplex with two leased multi-bedroom units and a rented one-bedroom in-law apartment.

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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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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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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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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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Lexington, MA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Lexington, MA on our real estate platform. These investment opportunities span a total of 1,620 square feet of properties for sale, with an estimated market value of $1,400,000.

Sale prices for multifamily properties in Lexington, MA start at $1,400,000, averaging $1,400,000, and reaching up to $1,400,000 — 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 34K
Population Growth (5Y) +3.1%
Median Household Income $222,507

Taxes & Financing

Tax Rate (average for all types) 2.30%
Property Tax per SF $17.84 per SF
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Lexington fall within the 100,000+ square foot range.

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