Multifamily

Needham, MA Multifamily Properties for Sale

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Two-Family Residential Property
Updated: Jun 1
Two-Family Residential Property

300 Hunnewell Street, Needham, MA 02494

$3,500,000
1,812 sqft 1.04 AC lot
Two‑family residence built in 1875 on a 1.03‑acre parcel
Property set back from the street with substantial frontage and mature landscaping
Residential configuration currently as an existing two‑family residence
Buyer’s and agent’s due diligence required for zoning, permitting, subdivision potential, use, and development opportunities
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Two-Family Residence on Acre Lot
Updated: Jun 1
Two-Family Residence on Acre Lot

300 Hunnewell Street, Needham, MA 02494

$3,500,000
1.03 AC lot
Two‑family residence on a 1.03‑acre parcel, set back from the street with mature landscaping and substantial frontage
Year built: 1875
Property is currently configured as a two‑family residence
Large lot provides room to renovate, occupy, or repurpose
Convenient to Needham schools, commuter routes, shopping, dining, Cricket Field, and a grocery
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, 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 Needham, 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.

Value-Add Multifamily with Approved Plans
Value-Add Multifamily with Approved Plans

16-20 Winter Street, Newton, MA 02464

$1,425,000
4,600 sqft 0.26 AC lot

Two-family on MR1 zoning with plans and permit set to redevelop into three units.

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New Construction Luxury Townhomes
New Construction Luxury Townhomes

25-27 High Street, Newton, MA 02461

$3,916,000
3,927 sqft

Two luxury townhomes under construction, completion Spring 2027.

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Wellesley Square Multifamily Investment Opportunity
Wellesley Square Multifamily Investment Opportunity

5-7 Abbott St, Wellesley, MA 02482

$3,400,000
0.23 AC lot

Two-building multifamily property in Wellesley Square, steps from amenities.

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Two-Family Home with Wrap-Around Porch
Two-Family Home with Wrap-Around Porch

31 Lantern Ln, Wellesley, MA 02481

$1,299,000
0.30 AC lot

Two units, each with 2 bedrooms, updated electrical, and a detached 2-car garage on a large 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.

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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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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Needham, MA Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Needham, MA on our real estate platform. These investment opportunities span a total of 1,812 square feet of properties for sale, with an estimated market value of $7,000,000.

Sale prices for multifamily properties in Needham, MA average $3,500,000 — 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 2

Demographics Overview

Population 32K
Population Growth (5Y) +3.5%
Median Household Income $206,122

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Needham Heights - 02494 $3.5M

Taxes & Financing

Tax Rate (average for all types) 2.44%
Property Tax per SF $14.16 per SF
Tax Rate vs County Average 0.59 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Needham fall within the 25,000 to 50,000 square foot range.

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