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    North Andover, MA
    Multifamily

    North Andover, MA Multifamily Properties for Sale

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    Andover, MA Lawrence, MA Middleton, MA Methuen, MA North Reading, MA Groveland, MA Boxford, MA Haverhill, MA
    Five-Unit Multifamily Income Property
    Updated: Feb 13
    Five-Unit Multifamily Income Property

    94 Main Street, North Andover, MA 01845

    $1,599,000
    3,884 sqft
    Generates approximately $141,132 in gross annual rental income with approximately $120,111 in net income
    5‑unit multifamily with 10 bedrooms and 5 full, 1 half baths across approximately 3,884 sq ft
    Unit mix includes 1-, 2-, and 3‑bedroom layouts
    On a 0.22‑acre corner lot with 10 off‑street parking spaces
    Full unfinished basement; vinyl exterior and asphalt shingle roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    94 Main Street, North Andover, MA 01845

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    • Est. Cap Rate

      3.7%
      NOI ÷ price

    • Est. NOI

      $59K
      Annual

    • Price @ 7% Cap

      $844K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1900
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    Historic Vineyard Estate
    Updated: Aug 6
    Historic Vineyard Estate

    11 Marbleridge Road, North Andover, MA 01845

    $2,950,000
    6,426 sqft
    Operating winery with tasting rooms in historic barns
    Three restored guesthouses used for short‑term rentals
    Separately buildable lot with vineyard and open space
    Main residence included with the estate
    No preservation restrictions
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    Five-Unit Multifamily Investment
    Five-Unit Multifamily Investment

    94 Main St, North Andover, MA 01845

    $1,650,000
    3,884 sqft 0.22 AC lot

    Five-unit residential property with mixed 1-, 2-, and 3-bedroom layouts, 10 off-street parking spaces, and city water and sewer.

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    Two-Unit Duplex with Private Entrances
    Two-Unit Duplex with Private Entrances

    38-40 Pleasant, North Andover, MA 01845

    $850,000
    2,227 sqft

    Duplex offering two separate units with private entrances, basements, and in-unit washer and dryer for each side.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Income Duplex Home
    Residential Income Duplex Home

    247 Osgood Street, North Andover, MA 01845

    $799,900
    2,030 sqft

    One-level residence plus updated accessory rental unit, featuring an eat-in kitchen, deck access, and an inground pool on a large lot.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in North Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Fully Renovated Duplex
    Fully Renovated Duplex

    70 Marston Street, Lawrence, MA 01841

    $699,900
    1,746 sqft

    Turnkey two-family duplex with separate utilities, central heat and air, in-unit laundry hookups, and ample off-street parking.

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    Multi-Family
    Multi-Family

    3-5 Swan Ave, Methuen, MA 01844

    $739,000
    2,344 sqft

    Duplexes · 2,344 SF

    View details
    Duplex with Detached Two-Car Garage
    Duplex with Detached Two-Car Garage

    16 Taylor, Methuen, MA 01844

    $580,000

    Two-family property with a private yard and interior improvements needed.

    View details
    Spacious Duplex with Modern Amenities
    Spacious Duplex with Modern Amenities

    52 Howard St, Lawrence, MA 01841

    $719,000
    0.24 AC lot

    Two expansive units with modern amenities and energy efficiency.

    View details

    Off-Market Properties in North Andover, MA

    Consider similar Off-Market properties in North Andover, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1275 Tpke St
    BOARDING/ROOMING HOUSE

    1275 Tpke St, North Andover, MA 01845-6141

    $26,045,000
    Estimated value
    169,008 sqft 33.35 AC lot
    View details

    North Andover, MA Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in North Andover, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 18,451 square feet of properties for sale, with an estimated market value of $7,848,900.

    Sale prices for multifamily properties in North Andover, MA start at $799,900, averaging $1,569,780, and reaching up to $2,950,000 — 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

    Apartment buildings 2
    Duplexes 2
    Short term rental properties 1

    Demographics Overview

    Population 32K
    Population Growth (5Y) +4.2%
    Median Household Income $134,319
    College Educated 89.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01845 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.51%
    Property Tax per SF $12.60 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

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