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    Wakefield, MA
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    Wakefield, MA Multifamily Properties for Sale

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    Stoneham, MA Reading, MA Melrose, MA
    Two-Family Residential Income Property
    Updated: Apr 15
    Two-Family Residential Income Property

    293 Albion St, Wakefield, MA 01880

    $799,000
    1,942 sqft · 0.07 AC lot
    Two‑family home at 293 Albion St in Wakefield’s West Side
    Built in 1900 with classic character, hardwood floors throughout, and high ceilings
    Fireplace included
    First‑floor unit: 1 bedroom and three large rooms
    Second‑floor unit: 5 bedrooms and nine rooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    293 Albion St, Wakefield, MA 01880

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $587K
      Suggested
    View Property Analytics
    Two-Family Home Near Lake Quannapowitt
    Updated: Apr 24
    Two-Family Home Near Lake Quannapowitt

    57 Wave Ave, Wakefield, MA 1880

    $989,000
    Two blocks from Lake Quannapowitt.
    Two‑family home offering flexibility for owner occupancy, rental income, or multigenerational living.
    Unit 1: Expansive family/dining area with open concept kitchen and fireplace, plus three bedrooms.
    Potential to expand or convert to a single family (subject to buyer due diligence).
    Separate utilities for each unit.
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    Wakefield Four-Family Home
    Wakefield Four-Family Home

    43-45 Crescent St, Wakefield, MA 1880

    $1,000,000

    Well-maintained four-family home in convenient Wakefield location.

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    Two-Family Home in Wakefield
    Two-Family Home in Wakefield

    293 Albion St, Wakefield, MA 1880

    $849,000
    1,942 sqft

    Value-add two-family home in Wakefield's desirable West Side.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Two-Family Home Near Lake Quannapowitt
    Two-Family Home Near Lake Quannapowitt

    57 Wave Avenue, Wakefield, MA 1880

    $989,000
    2,433 sqft

    Two-unit property with yard, near Lake Quannapowitt.

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 5 Active listings in Wakefield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Stoneham Two-Family Near Downtown
    Stoneham Two-Family Near Downtown

    6 Minot Street, Stoneham, MA 2180

    $724,900
    2,041 sqft

    Two-family property near downtown Stoneham with separate utilities.

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    Two-Family Residential Income Home
    Two-Family Residential Income Home

    40 Wright Street, Stoneham, MA 2180

    $829,000
    2,023 sqft

    Renovated two-family residence with open living layouts, offering flexible options for owner-occupants or investors.

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    Waterfront Two-Family in Downtown Melrose
    Waterfront Two-Family in Downtown Melrose

    780-782 Main St, Melrose, MA 2176

    $1,099,000

    Rare waterfront two-family with Ell Pond views in downtown Melrose.

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    Melrose Multifamily Portfolio Opportunity
    Melrose Multifamily Portfolio Opportunity

    24 W Emerson Street, Melrose, MA 2176

    $4,800,000
    3,725 sqft · 0.71 AC lot

    Four adjacent parcels with 14 units in Melrose, MA.

    View details

    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 Surveyed Lots
    Residential Development Land with Surveyed Lots

    358 Roller Coaster Road, Laconia, NH 03246

    $1,195,000
    40.59 AC lot

    Surpassed by a surveyed parcel with an existing 2-bedroom ranch and utilities at the street for potential subdivision planning.

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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.

    View details
    Southampton Village Multifamily Opportunity
    Southampton Village Multifamily Opportunity

    39 Halsey Avenue, Southampton, NY 11968

    $2,300,000
    0.33 AC lot

    Two-family home in the heart of Southampton Village.

    View details

    Off-Market Properties in Wakefield, MA

    Consider similar Off-Market properties in Wakefield, 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.

    16 Lafayette St
    BOARDING/ROOMING HOUSE

    16 Lafayette St, Wakefield, MA 01880-2305

    $955,000
    Estimated value
    2,943 sqft · 0.28 AC lot
    View details
    29 Gould St
    BOARDING/ROOMING HOUSE

    29 Gould St, Wakefield, MA 01880-2737

    Value Estimation by Request
    2,702 sqft · 0.10 AC lot
    View details
    21 Cres St
    BOARDING/ROOMING HOUSE

    21 Cres St, Wakefield, MA 01880-2468

    $18,750,000
    Estimated value
    135,065 sqft · 1.58 AC lot
    View details
    200-202 Main St
    BOARDING/ROOMING HOUSE

    200-202 Main St, Wakefield, MA 01880

    $1,040,000
    Estimated value
    7,326 sqft · 1.14 AC lot
    View details
    18 Lafayette St
    BOARDING/ROOMING HOUSE

    18 Lafayette St, Wakefield, MA 01880-2305

    $765,000
    Estimated value
    4,676 sqft · 0.27 AC lot
    View details
    55th Chestnut St
    BOARDING/ROOMING HOUSE

    55th Chestnut St, Wakefield, MA 01880-2236

    $670,000
    Estimated value
    3,667 sqft · 0.13 AC lot
    View details

    Wakefield, MA Multifamily Properties Market Trends and Statistics

    Explore 11 multifamily properties for sale in Wakefield, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,317 square feet of properties for sale, with an estimated market value of $2,637,000.

    Sale prices for multifamily properties in Wakefield, MA start at $799,000, averaging $879,000, and reaching up to $989,000 — 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
    Quadplexes 1

    Demographics Overview

    Population 27K
    Population Growth (5Y) +2.3%
    Median Household Income $130,419
    College Educated 82.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01880 $925.2K

    Taxes & Financing

    Tax Rate (average for all types) 2.08%
    Property Tax per SF $19.74 per SF
    Tax Rate vs County Average 0.32 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Wakefield fall within the 2,500 to 5,000 square foot range.

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