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    Franklin, MA
    Residential Income

    Franklin, MA Residential Income Properties for Sale

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    Wrentham, MA Bellingham, MA Norfolk, MA Medway, MA Plainville, MA Millis, MA Cumberland, RI Mendon, MA
    Four-Unit Residential Income Property
    Updated: Jun 19
    Four-Unit Residential Income Property

    67 Alpine Place, Franklin, MA 02038

    $1,000,000
    3,666 sqft 0.32 AC lot
    Quadplex with 4 units: 4BR/2BA, 3BR/1BA, 2BR/1BA, and 1BR/1BA
    Total 3,666 SF gross living area and 5,754 SF gross area on a 0.32‑acre parcel
    12 off‑street parking spaces
    Tenants pay gas‑powered heat & hot water and separately metered electricity
    Landlord pays city water & sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    67 Alpine Place, Franklin, MA 02038

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $66K
      Annual

    • Price @ 7% Cap

      $938K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1900
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    Triplex with Vacant Unit
    Updated: Jun 3
    Triplex with Vacant Unit

    44 Winter St, Franklin, MA 02038

    $872,900
    2,337 sqft
    3‑family residential with Unit 1 vacant and ready for immediate occupancy
    Unit 2 leased at $2,000/month; Unit 3 leased at $900/month (TAW)
    All units offer multiple living spaces: first and second floor each have 3BD/1BA; third floor is studio‑style
    Updated mechanicals include oil tanks, boiler, and hot water heater
    Newer roof and low‑maintenance vinyl siding
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    Residential Income Property with Balcony
    Residential Income Property with Balcony

    90 E Central St, Franklin, MA 02038

    $725,000

    Newly constructed corner residence with an open layout, private balcony, and premium kitchen finishes.

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    Mixed-Use Office Condo Building
    Mixed-Use Office Condo Building

    834-836 West Central St, Franklin, MA 02038

    $648,000

    Property was approved for eight office condo units with 27 parking spaces, with later variance allowing residential use.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Building with Market
    Mixed-Use Building with Market

    198 E Central St, Franklin, MA 02038

    Contact for pricing

    Large mixed-use building with three rented apartments and a commercial space housing Devita's Market.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 Active listings in Franklin, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Duplex Compound on Gated Acres
    Duplex Compound on Gated Acres

    365 W Wrentham Road, Cumberland, RI 02864

    $1,599,000
    2,919 sqft 7.84 AC lot

    Legal two-residence compound on 7.84 acres with separate utilities, private setting, and multiple outbuildings.

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    Legal Two-Unit Residential Compound
    Legal Two-Unit Residential Compound

    365 West Wrentham Road, Cumberland, RI 02864

    $1,599,000
    2,919 sqft 7.84 AC lot

    Two separate residences on 3 parcels with independent utilities, plus a heated garage and workshop facilities.

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    End-Unit Residential Income Townhome
    End-Unit Residential Income Townhome

    3301 Maple Brook Road, Bellingham, MA 02019

    $374,900
    1,436 sqft

    End-unit townhome with central air, gas heat and cooking, town utilities, and a recently shingled roof.

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    Townhouse-Style Residential Income Property
    Townhouse-Style Residential Income Property

    9 Debra Ln, Bellingham, MA 02019

    $394,999

    Two-bedroom, two-bath condominium includes updated appliances and a finished basement.

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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 Lot in Bellingham, MA
    Residential Lot in Bellingham, MA

    Pulaski Blvd lot: 2, Bellingham, MA 02019

    $148,000
    3.25 AC lot

    3.25-acre residential lot suitable for single-family or duplex home.

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    Residential Lot in Bellingham, MA
    Residential Lot in Bellingham, MA

    Pulaski Boulevard lot: 2, Bellingham, MA 02019

    $148,000
    3.25 AC lot

    3.25-acre residential lot suitable for single-family or duplex home.

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    Holliston, MA: 9+ Acre Parcel
    Holliston, MA: 9+ Acre Parcel

    Hill St, Holliston, MA 01746

    $350,000
    9.81 AC lot

    9+ acre parcel in Holliston, MA with endless possibilities.

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    Holliston Land Parcel For Sale
    Holliston Land Parcel For Sale

    Hanlon Road lot: 2, Holliston, MA 01746

    $400,000
    4.08 AC lot

    Four-acre Holliston parcel with approved ANR plan.

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    Off-Market Properties in Franklin, MA

    Consider similar Off-Market properties in Franklin, 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.

    4 Frg Hl Rd
    BOARDING/ROOMING HOUSE

    4 Frg Hl Rd, Franklin, MA 02038-3162

    $470,000
    Estimated value
    84,774 sqft 3.98 AC lot
    View details
    656 King St
    BOARDING/ROOMING HOUSE

    656 King St, Franklin, MA 02038-3048

    $8,125,000
    Estimated value
    64,483 sqft 8.10 AC lot
    View details
    485 Central St
    BOARDING/ROOMING HOUSE

    485 Central St, Franklin, MA 02038-1695

    $15,470,000
    Estimated value
    130,500 sqft 9.52 AC lot
    View details

    Franklin, MA Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Franklin, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 6,003 square feet of properties for sale, with an estimated market value of $3,245,900.

    Sale prices for residential income properties in Franklin, MA start at $648,000, averaging $811,475, and reaching up to $1,000,000 — 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

    Multifamily properties 5
    Triplexes 2
    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +0.1%
    Median Household Income $142,788
    College Educated 80.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02038 $802.6K

    Taxes & Financing

    Tax Rate (average for all types) 1.17%
    Property Tax per SF $19.91 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 Norfolk County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

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