Residential Income

Andover, MA Residential Income Properties for Sale

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14 properties
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Side-by-Side Duplex
Updated: Oct 14
Side-by-Side Duplex

2-4 Brechin Ter, Andover, MA 01810

$1,050,000
2,741 sqft
2,741‑square‑foot side‑by‑side duplex
Unit mix includes a 3‑bedroom, 2‑bath residence and a 2‑bedroom, 1‑bath residence
One unit has undergone a full interior renovation, including kitchen, bathrooms, and flooring
Exterior features Hardie siding and a new roof
Built in 1907
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Top-Floor Residential Income Property
Updated: Aug 25
Top-Floor Residential Income Property

237 North Main Street, Andover, MA 01810

$334,900
1,000 sqft
Approximately 1,000 square feet with two bedrooms
Top‑floor position with no neighbors above
Balcony provides additional outdoor living space
Dedicated dining area and spacious living room
Generous closet storage in both bedrooms
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Renovated Side-by-Side Duplex
Renovated Side-by-Side Duplex

2-4 Brechin Ter, Andover, MA 01810

$1,050,000
2,741 sqft

Two distinct floor plans provide flexibility across the property’s residential units.

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See hot listings in Andover

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Four-Unit Townhouse-Style Multifamily
Four-Unit Townhouse-Style Multifamily

42-48 Red Spring Rd, Andover, MA 01845

$1,499,999

Townhouse-style configuration across two multifamily properties offered together.

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Elevator Residential Income Property
Elevator Residential Income Property

1 Powder Mill Square, Andover, MA 01810

$549,900

Condominium residence with an open layout, updated flooring, oversized windows, and a granite-finished kitchen.

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Top-Floor Residential Income Property
Top-Floor Residential Income Property

4 Francis Dr, Andover, MA 01810

$619,900

Two-bedroom condo offers an open-concept kitchen, living, and dining area.

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First-Floor Residential Income Property
First-Floor Residential Income Property

10b Colonial Dr, Andover, MA 01810

$249,900

Furnished studio condominium with a covered private entrance and adaptable open-plan layout.

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Three-Bedroom Residential Income Property
Three-Bedroom Residential Income Property

3 Longwood Dr, Andover, MA 01810

$409,000

Condominium with a private patio, flexible living space, and heat and hot water included in the condo fee.

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Top-Floor Residential Income Property
Top-Floor Residential Income Property

1 Colonial Dr, Andover, MA 01810

$265,000

One-bedroom condominium with private storage, on-site laundry, and included heat, hot water, and gas.

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One-Bedroom Income Property
One-Bedroom Income Property

100-1/2 Main St, Andover, MA 01810

$389,000

Updated kitchen and renovated full bath complement separate living and dining areas.

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Residential Income Property with Porch
Residential Income Property with Porch

58 Maple Ave, Andover, MA 01810

$499,000

Townhouse-style condo combines a first-floor primary bedroom with private outdoor spaces near downtown Andover.

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Top-Floor Residential Income Property
Top-Floor Residential Income Property

16 Balmoral Street, Andover, MA 01810

$300,000

One-bedroom, one-bath condominium on the top floor with restoration underway.

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Three-Level Residential Income Property
Three-Level Residential Income Property

4 Bobby Jones, Andover, MA 01810

$1,199,000

Townhouse-style residence with renovated kitchen, open living areas, and a private deck in the Andover Country Club area.

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Residential Income Property with New Carpeting
Residential Income Property with New Carpeting

5 Longwood Drive, Andover, MA 01810

$319,900

Condominium unit with spacious living areas, a main bedroom, and recently installed carpeting.

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Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 14 Active listings in Andover, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 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.

Two-Family Duplex with Basement
Two-Family Duplex with Basement

30-32 Exeter St, Lawrence, MA 01843

$825,000
2,836 sqft

Well-maintained duplex with separate utilities, private parking, and an unfinished basement for additional space.

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De-Leaded 2-Unit Duplex
De-Leaded 2-Unit Duplex

23-25 Glenwood Street, North Andover, MA 01845

$799,900
2,334 sqft

Two matching residences offer hardwood floors, separate utilities, in-unit laundry hookups, and access to a large yard.

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Duplex with Remodeled Porches
Duplex with Remodeled Porches

10-12 Johnson Street, North Andover, MA 01845

$949,900

Two residences feature high ceilings, hardwood floors, generous room proportions, and placement within the Franklin School district.

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South Lawrence Multifamily Investment Opportunity
South Lawrence Multifamily Investment Opportunity

356-360 S Union St, Lawrence, MA 01843

$700,000
0.14 AC lot

Two buildings, five units, convenient location, below market rents.

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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.

Methuen Historic District Land Opportunity
Methuen Historic District Land Opportunity

281 Broadway, Methuen, MA 01844

$750,000
0.50 AC lot

Half acre in historic district near I-93 and New Hampshire.

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Ready-to-Build Chelmsford Townhome Lot
Ready-to-Build Chelmsford Townhome Lot

26 Sprague Ave, Chelmsford, MA 01824

$383,000

Cleared Chelmsford townhome lot with utilities, ready for quick construction.

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Planned Residential Subdivision Land
Planned Residential Subdivision Land

6-18 Mary Anthony Drive, Salem, NH 03044

$3,200,000
29.00 AC lot

Residentially zoned land with infrastructure in place for a 16-lot subdivision, including conservation-owned space and pond.

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Haverhill Land with Lake Views
Haverhill Land with Lake Views

90 Amesbury Road, Haverhill, MA 01830

$425,000
3.97 AC lot

Four acres of land with Kenoza Lake and Snow's Brook views.

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Off-Market Properties in Andover, MA

Consider similar Off-Market properties in 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.

141 Elm St
BOARDING/ROOMING HOUSE

141 Elm St, Andover, MA 01810-1600

Estimated value: by Request
81,975 sqft 9.37 AC lot
View details
109 Main St
BOARDING/ROOMING HOUSE

109 Main St, Andover, MA 01810-3804

Estimated value:
$595,000
3,055 sqft 0.20 AC lot
View details
254 Lowell St
BOARDING/ROOMING HOUSE

254 Lowell St, Andover, MA 01810-4600

Estimated value:
$13,640,000
57,827 sqft 9.31 AC lot
View details
15 Stevens St
BOARDING/ROOMING HOUSE

15 Stevens St, Andover, MA 01810-3599

Estimated value:
$18,135,000
146,728 sqft 8.93 AC lot
View details

Andover, MA Residential Income Properties Market Trends and Statistics

Explore 18 residential income properties for sale in Andover, MA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 6,482 square feet of properties for sale, with an estimated market value of $8,735,499.

Sale prices for residential investment properties in Andover, MA start at $249,900, averaging $623,964, and reaching up to $1,499,999 — 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
Multifamily properties 4

Demographics Overview

Population 36K
Population Growth (5Y) +0.0%
Median Household Income $167,591
College Educated 23.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Andover - 01810 $547.7K
North Andover - 01845 $1.5M

Taxes & Financing

Tax Rate (average for all types) 2.34%
Property Tax per SF $21.95 per SF
Tax Rate vs County Average 0.64 pp above 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)

Property Size Breakdown

The majority of commercial real estate listings in Andover fall within the 100,000+ square foot range.

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