Residential Income

Leicester, MA Residential Income Properties for Sale

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Duplex With Detached Barn Garage
Updated: Aug 13
Duplex With Detached Barn Garage

311 Main Street, Leicester, MA 01611

$564,900
2,582 sqft
Two parcels and two buildings included in the sale
Primary residence configured with two residential units
Property was previously used as three units, subject to approvals
Detached barn or garage provides additional storage and parking space
Off‑street parking and green space behind the residence
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Two-Building Duplex Property
Updated: Aug 14
Two-Building Duplex Property

311 Main St, Cherry Valley, MA

$564,900
2,582 sqft
Two 2,582‑square‑foot parcels included in the sale
Two‑family residence with a prior three‑unit configuration
Separate barn/garage included with the property
Expansive off‑street parking area
Green space behind the residence
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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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See what stands out in Worcester County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
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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Vacant Two-Unit Duplex
Vacant Two-Unit Duplex

9 Warren Avenue, Leicester, MA 01524

$399,900
2,460 sqft

Two-unit residential property with separate utilities, a newer roof, and one updated apartment ready for occupancy.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Leicester, 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.

5-Unit Apartment Building
5-Unit Apartment Building

1524 Main St, Worcester, MA 01603

$755,000
4,260 sqft 0.32 AC lot

All five units are vacant, with four renovated and one open to the studs.

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Five-Family Apartment Building
Five-Family Apartment Building

1524 Main St, Worcester, MA 01603

$755,000
4,260 sqft

Vacant five-unit property with four updated units, one unfinished unit, and off-street parking.

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

93 Rockland Road, Auburn, MA 01501

$629,900

Newly constructed condominium with an open first floor, three upstairs sleeping areas, and a private primary suite.

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New Duplex Homes with Garages
New Duplex Homes with Garages

25 Vinal St., Auburn, MA 01501

$599,900

Two available residences feature open layouts, attached garages, and energy-efficient heating and cooling systems.

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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.

Chapel Hill Senior Housing Development
Chapel Hill Senior Housing Development

46 Chapel Street, Leicester, MA 01611

$1,490,000
29.70 AC lot

29.7-acre site permitted for 88 senior housing units.

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Development Opportunity on Gediminas Street
Development Opportunity on Gediminas Street

3A Gediminas, Worcester, MA 01610

$74,900

Versatile BL-1 zoned lot suitable for residential and commercial development.

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Millbury Land For Sale
Millbury Land For Sale

Auburn Road, Millbury, MA 01527

$249,900
20.73 AC lot

20+ acres of developable land in Millbury, Massachusetts.

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Oxford Buildable Lot For Sale
Oxford Buildable Lot For Sale

7 Stone Creek Cir, Oxford, MA 01540

$184,900
4.78 AC lot

4.78 acres of prime real estate in Oxford, MA.

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Off-Market Properties in Leicester, MA

Consider similar Off-Market properties in Leicester, 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.

651 Main St
Land

651 Main St, Leicester, MA 01611

Value Estimation by Request
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Leicester, MA Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Leicester, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,206 square feet of properties for sale, with an estimated market value of $2,753,700.

Sale prices for residential income properties in Leicester, MA start at $399,900, averaging $550,740, and reaching up to $725,000 — 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
Duplexes 3
Triplexes 2

Demographics Overview

Population 6,110
Population Growth (5Y) -11.5%
Median Household Income $93,191
College Educated 43.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Cherry Valley - 01611 $564.9K
Leicester - 01524 $612K

Taxes & Financing

Tax Rate (average for all types) 1.26%
Property Tax per SF $34.52 per SF
Tax Rate vs County Average 0.55 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)

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