Multifamily

Manchester, MA Multifamily Properties for Sale

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Duplex Property with Legal Apartment
Updated: Jul 24
Duplex Property with Legal Apartment

115 School Street, Manchester, MA 01944

$1,050,000
5,627 sqft
Legal lower‑level 1‑bedroom apartment
Main house with options for renovation or replacement
Potential configuration as a 2‑family or single‑family residence
Town water and sewer at the site
1914 construction
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1 active listing matches your search: Multifamily for sale in Manchester, MA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

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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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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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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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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Manchester, MA Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Manchester, MA on our real estate platform. These investment opportunities span a total of 5,627 square feet of properties for sale, with an estimated market value of $1,050,000.

Sale prices for multifamily properties in Manchester, MA average $1,050,000 — 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 5,368
Population Growth (5Y) +0.0%
Median Household Income $197,875

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
01944 $1.1M

Taxes & Financing

Tax Rate (average for all types) 0.94%
Property Tax per SF $6.16 per SF
Tax Rate vs County Average 0.77 pp below county avg
Average Loan-to-Value 65.0%

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