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    Spencer, MA
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    Spencer, MA Multifamily Properties for Sale

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    9 properties
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    Residential Income, Spencer, MA
    Updated: Sep 1
    Residential Income, Spencer, MA

    99 Lakeshore Drive, Spencer, MA 01562

    $699,900
    2,096 sqft 4.34 AC lot
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    Three-Unit Property with Separate Utilities
    Updated: Apr 16
    Three-Unit Property with Separate Utilities

    52 Church St, Spencer, MA 01562

    $399,900
    2,271 sqft 0.10 AC lot
    Three‑unit multifamily property totaling 2,271 square feet
    Unit mix includes two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
    In‑unit laundry provided in all units
    Separate electric and gas meters for each unit
    Built in 1939 on a 0.1001‑acre lot
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    Historic Mixed-Use Property
    Historic Mixed-Use Property

    185 Main St, Spencer, MA 01562

    $1,200,000
    9,934 sqft

    Three-story building combines residential apartments, commercial offices, and on-site parking.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    13 Lincoln Street, Spencer, MA 01562

    $524,900
    3,456 sqft

    One residence is occupied and has separate gas and electric meters, along with a private patio.

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    Waterfront Duplex with Dock
    Waterfront Duplex with Dock

    89 Jolicoeur Avenue, Spencer, MA 01562

    $549,000
    1,710 sqft

    Two single-level units feature fireplaces, eat-in kitchens, bedrooms, baths, and in-unit laundry hookups.

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    Duplex on Wooded Acreage
    Duplex on Wooded Acreage

    63 Pleasant Street, Spencer, MA 01562

    $250,000
    2,059 sqft

    Two separate living areas include a dated first-floor unit and partially completed space above.

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    Well-Maintained Three-Family Property
    Well-Maintained Three-Family Property

    52 Church St, Spencer, MA 01562

    $399,900
    2,271 sqft

    Three-family property with in-unit laundry and separate utilities.

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    Equestrian Property with Five Stalls
    Equestrian Property with Five Stalls

    38 Mccormick Rd, Spencer, MA 01562

    $830,000

    A two-residence country property pairs horse facilities with an attached, legally registered apartment.

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    Mixed-Use Multifamily Income Property
    Mixed-Use Multifamily Income Property

    106 Main St, Spencer, MA 01562

    Contact for pricing
    17,554 sqft

    Partially tenant-occupied mixed-use building with month-to-month leases across residential and commercial units.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Spencer, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Two-Unit Duplex
    Two-Unit Duplex

    16 Brooks Pond Rd, North Brookfield, MA 01535

    $500,000
    2,289 sqft 5.70 AC lot

    Separate residential units offer a two-family configuration on a substantial acreage parcel.

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    Triplex with Four Garages
    Triplex with Four Garages

    8-10 Pleasant Street, Leicester, MA 01524

    $725,000
    3,668 sqft

    Three apartments on a large paved lot with four garages, brick exterior, town water and sewer, and newer heating upgrades.

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    Triplex with Vacant Unit
    Triplex with Vacant Unit

    44 Grove St, Leicester, MA 01524

    $499,000
    2,914 sqft

    Two units are occupied, with one additional unit available for occupancy or leasing.

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    Renovated Quadplex with Parking
    Renovated Quadplex with Parking

    73 S Main St, North Brookfield, MA 01535

    $729,997

    Updated four-unit property on nearly an acre with washer/dryer hookups and ample parking.

    View details

    Spencer, MA Multifamily Properties Market Trends and Statistics

    Explore 9 multifamily properties for sale in Spencer, MA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 41,351 square feet of properties for sale, with an estimated market value of $4,853,600.

    Sale prices for multifamily properties in Spencer, MA start at $250,000, averaging $606,700, and reaching up to $1,200,000 — 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 4
    Apartment buildings 1
    Triplexes 1

    Demographics Overview

    Population 12K
    Population Growth (5Y) +0.4%
    Median Household Income $79,086
    College Educated 38.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01562 $555.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $25.23 per SF
    Tax Rate vs County Average 0.67 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)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Worcester County

    Residential Income

    How Realmo verifies these figures

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