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Shrewsbury, MA Multifamily Properties for Sale

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Renovated Waterfront Multi-Family Home
Updated: Jul 7
Renovated Waterfront Multi-Family Home

20-b Oakland Avenue, Shrewsbury, MA 01545

$699,000
1,928 sqft
Completely renovated two‑unit waterfront home on Lake Quinsigamond in Shrewsbury
Year built: 1958
Both units feature updated kitchens and updated baths
Lake‑facing living spaces with lake views
Two‑unit multi‑family setup in a move‑in‑ready, renovated interior
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Shrewsbury Multi-Family Opportunity
Updated: Nov 27, 2025
Shrewsbury Multi-Family Opportunity

6 Selina, Shrewsbury, MA 01545

$999,999
0.18 AC lot
Rare multi‑family property in a desirable Shrewsbury neighborhood.
Features 3 spacious units plus a bonus unit, offering flexibility for various uses.
Generous lot with a massive garage suitable for multiple vehicles or workshop.
Convenient separate storage area.
Strong rental income potential for investors or extra space for owner‑occupants.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Shrewsbury, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

Colonial Duplex with Walkout Basement
Colonial Duplex with Walkout Basement

19 Denmark Street, Worcester, MA 01606

$639,900
3,600 sqft

Colonial-style duplex with a main residence plus a new walkout basement apartment and off-street parking.

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Multifamily Development Opportunity on Shrewsbury
Multifamily Development Opportunity on Shrewsbury

393-397 Shrewsbury St, Worcester, MA 01604

$1,600,000
0.39 AC lot

Permitted 24-unit multifamily complex with commercial space in Worcester.

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Fully Renovated 3-Family Residence
Fully Renovated 3-Family Residence

576 Franklin St, Worcester, MA 01608

$949,900

Rebuilt-to-the-studs three-unit home with updated systems, in-unit laundry, and off-street parking.

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Three-Family Residential Income Property
Three-Family Residential Income Property

9 Caprera Rd, Worcester, MA 01604

$670,000

A well-maintained three-unit property with separate utilities and off-street parking for straightforward tenant management.

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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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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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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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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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Off-Market Properties in Shrewsbury, MA

Consider similar Off-Market properties in Shrewsbury, 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.

2 Janet Cir
BOARDING/ROOMING HOUSE

2 Janet Cir, Shrewsbury, MA 01545-5916

Value Estimation by Request
1,720 sqft 0.19 AC lot
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Shrewsbury, MA Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Shrewsbury, MA on our real estate platform. These investment opportunities span a total of 1,928 square feet of properties for sale, with an estimated market value of $699,000.

Sale prices for multifamily properties in Shrewsbury, MA start at $699,000, averaging $699,000, and reaching up to $699,000 — 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
Quadplexes 1

Demographics Overview

Population 38K
Population Growth (5Y) +4.8%
Median Household Income $136,225
College Educated 50.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
01545 $875K

Taxes & Financing

Tax Rate (average for all types) 1.24%
Property Tax per SF $22.42 per SF
Tax Rate vs County Average 0.57 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)

Property Size Breakdown

The majority of commercial real estate listings in Shrewsbury fall within the 50,000 to 100,000 square foot range.

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