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Norwood, MA Multifamily Properties for Sale

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Renovated Three-Unit Triplex
Updated: Aug 26
Renovated Three-Unit Triplex

248 Washington Street, Norwood, MA 02062

$1,199,000
2,488 sqft
3 units with separate utilities
7+ CAP RATE and strong rental history
Recently renovated kitchens with new appliances
Renovated bathrooms and oversized rooms
Separate laundry facilities plus basement storage
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Townhouse-Style Duplex
Updated: Mar 10
Townhouse-Style Duplex

23-25 Hoyle St, Norwood, MA 02062

$995,000
2,807 sqft
Two townhouse‑style units with 4‑bedroom/2‑bath and 3‑bedroom/1‑bath layouts
2807 SF duplex built in 1930
Unit 1 recently underwent a complete renovation
Separate heat and hot water for each unit
Lower‑level washer/dryer hookups
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Two-Family Residential Income Home
Two-Family Residential Income Home

204 Walpole St, Norwood, MA 02062

$875,000
2,008 sqft

Two up-and-down units each offer two bedrooms, a full bath, and eat-in kitchens with updates throughout.

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Spacious Duplex on Large Lot
Spacious Duplex on Large Lot

98 Sumner St., Norwood, MA 02062

$900,000
2,376 sqft 0.97 AC lot

Townhouse-style duplex with large lot, ideal for investors/owner-occupants.

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Renovated Three-Unit Triplex
Renovated Three-Unit Triplex

244 Washington Street, Norwood, MA 02062

$1,140,000

Renovated kitchens, bathrooms, and separate utilities support three residential units.

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34-Unit Multifamily Apartment Community
34-Unit Multifamily Apartment Community

47 Chapel St, Norwood, MA 02062

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Stabilized 34-unit apartment community with a 32-unit garden style building plus a 2-unit building.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

476-478 Walpole Street, Norwood, MA 02062

$1,450,000
4,000 sqft

Two-building offering combines residential units, office space, warehouse areas, and dedicated storage under Mixed Use zoning.

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Three-Unit Residential Building
Three-Unit Residential Building

4-6 Saunders Road, Norwood, MA 02062

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Updated three-family home offering spacious interior layouts with soaring ceilings, hardwood floors, and multiple deck areas.

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

19 E Hoyle St, Norwood, MA 02062

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Two-family home with separate utilities, two-car garage, and fenced lot with patio near Norwood Hospital.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 9 Active listings in Norwood, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

Separate Utilities Two-Family Duplex
Separate Utilities Two-Family Duplex

77-79 Messinger Street, Canton, MA 02021

$759,000
1,960 sqft

Two-bedroom units with wood floors, vinyl siding, and gas heat offer separate utilities for flexible living or rental use.

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18-Unit Apartment Building
18-Unit Apartment Building

40 Ames Ave, Canton, MA 02021

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29,496 sqft

Built in 2016, the property offers separately metered utilities, in-unit laundry, and surface parking near commuter rail service.

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Duplex with In-Law Setup
Duplex with In-Law Setup

2 Leominster Rd, Dedham, MA 02026

$409,000
2,183 sqft

Two residential units support extended-family living or income-producing use on a corner lot.

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Duplex with In-Law Setup
Duplex with In-Law Setup

2 Leominster Rd, Dedham, MA 02026

$409,000
2,183 sqft 0.17 AC lot

Residentially zoned duplex with hardwood floors, natural light, and a fireplace on a corner lot.

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Off-Market Properties in Norwood, MA

Consider similar Off-Market properties in Norwood, 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.

98-100 Vernon St
BOARDING/ROOMING HOUSE

98-100 Vernon St, Norwood, MA 02062

$345,000
Estimated value
4,138 sqft 0.22 AC lot
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12 Vernon St
BOARDING/ROOMING HOUSE

12 Vernon St, Norwood, MA 02062-2104

$715,000
Estimated value
4,428 sqft 0.25 AC lot
View details
16 Rosemary St
BOARDING/ROOMING HOUSE

16 Rosemary St, Norwood, MA 02062-2011

$385,000
Estimated value
4,966 sqft 0.18 AC lot
View details
220 Nahatan St
BOARDING/ROOMING HOUSE

220 Nahatan St, Norwood, MA 02062-2248

$750,000
Estimated value
4,500 sqft 0.17 AC lot
View details
224th Nahatan St
BOARDING/ROOMING HOUSE

224th Nahatan St, Norwood, MA 02062-2248

$335,000
Estimated value
2,340 sqft 0.11 AC lot
View details

Norwood, MA Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Norwood, MA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 13,679 square feet of properties for sale, with an estimated market value of $6,559,000.

Sale prices for multifamily properties in Norwood, MA start at $875,000, averaging $1,093,166, and reaching up to $1,450,000 — 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
Quadplexes 1

Demographics Overview

Population 31K
Population Growth (5Y) +7.5%
Median Household Income $97,110
College Educated 75.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
02062 $1.1M

Taxes & Financing

Tax Rate (average for all types) 2.15%
Property Tax per SF $22.30 per SF
Tax Rate vs County Average 0.30 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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Norfolk County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Norwood fall within the 10,000 to 25,000 square foot range.

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