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    Millbury, MA
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    Millbury, MA Multifamily Properties for Sale

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    Mixed-Use Brick Building with Parking
    Updated: Apr 21
    Mixed-Use Brick Building with Parking

    122 Elm St, Millbury, MA 01527

    $775,000
    4,048 sqft 0.52 AC lot
    Year built 1830 Greek Revival mixed‑use building with architectural details including 2‑story columns and wrought iron fence
    Converted from a former 4‑family to 3 units: first‑floor commercial salon and 2nd‑floor 2BR and 1BR apartments
    Apartments feature gleaming hardwood floors, large windows, and updated kitchens and baths
    Natural gas heat with 4 boilers plus separate electric utilities
    Town water and sewer services, with brick walkway and fenced front yard
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    Well-Maintained Three-Family Home
    Updated: Jun 3
    Well-Maintained Three-Family Home

    198 W Main Street, Millbury, MA 01527

    $674,900
    3,232 sqft 0.54 AC lot
    Well‑maintained 3‑family in West Millbury, built in 1850
    Upper 7‑room, 2‑bedroom unit features a kitchen, full dining room, living room, and additional rooms
    Primary bedroom includes a walk‑in closet and French door to a composite deck overlooking a private, quiet backyard
    Other two units are 1‑bedroom apartments with living room, kitchen, and a full bath
    Separate utilities except water and sewer; updated electric panels
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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    22 Wildwood Rd, Millbury, MA 01527

    $299,900
    1,966 sqft

    Two-family property in Millbury, currently occupied, with an end-of-dead-end-street setting.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Three-Family Income Property
    Three-Family Income Property

    198 West Main Street, Millbury, MA 01527

    $674,900
    3,232 sqft

    Well-maintained 3-unit building with separate utilities and updated electric panels, plus a 2-car garage and enclosed porch.

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    Two-Family Duplex with Off-Street Parking
    Two-Family Duplex with Off-Street Parking

    2 Granite Street, Millbury, MA 01527

    $400,000
    2,376 sqft

    A newer two-family duplex with two spacious units, off-street parking, and a yard, offering updates including a recent roof and furnaces.

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    Five Duplex Apartment Buildings
    Five Duplex Apartment Buildings

    141-149 Park Hill Avenue, Millbury, MA 01527

    $1,500,000
    2.00 AC lot

    Five duplex buildings with 10 apartment units sit on an approximately two-acre site with direct Route 20 frontage.

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    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    33 Howe Ave, Millbury, MA 01527

    $524,999

    Well-maintained two-family with occupied units, separate driveways, and flexible extra-room layouts for each unit.

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    Well-Maintained Two-Family Home
    Well-Maintained Two-Family Home

    2 Diane St, Millbury, MA 01527

    $359,900
    0.45 AC lot

    Two-family home in Millbury with renovated unit and garage.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Millbury, 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-Story Multi-Family Residence
    Two-Story Multi-Family Residence

    20 Old Providence, Sutton, MA 01590

    $585,500
    2,225 sqft

    Built in 1925, this two-story multi-family home offers five bedrooms and two full bathrooms.

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    Stabilized Two-Family with Garage
    Stabilized Two-Family with Garage

    3-7 Stidsen Way, Worcester, MA 01604

    $720,000
    1,590 sqft

    Well-maintained stabilized two-family with a two-car garage, developable land, ample off-street parking, and separate utilities.

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    Two-Family Residential Income Home
    Two-Family Residential Income Home

    1257 Grafton Street, Worcester, MA 01604

    $579,900
    2,202 sqft

    Two distinct units offer two bedrooms on the upper level and spacious living on the lower level with private backyard access.

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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    7 Clarissa St, Worcester, MA 01604

    $489,900

    Two-unit duplex with separate electric service and shared heating, plus a detached garage on an oversized lot.

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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.

    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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    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.

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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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    Millbury, MA Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Millbury, MA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 14,854 square feet of properties for sale, with an estimated market value of $5,209,599.

    Sale prices for multifamily properties in Millbury, MA start at $299,900, averaging $651,199, and reaching up to $1,500,000 — 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 5
    Triplexes 3
    Apartment buildings 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +2.0%
    Median Household Income $116,000
    College Educated 23.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01527 $640.7K

    Taxes & Financing

    Tax Rate (average for all types) 1.31%
    Property Tax per SF $22.23 per SF
    Tax Rate vs County Average 0.49 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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