Spencer, MA Residential Income Properties for Sale

List

Map

East Brookfield, MA Leicester, MA North Brookfield, MA Brookfield, MA Charlton, MA Oxford, MA Paxton, MA Worcester, MA

10 properties

Sort:

Updated: Aug 25

Triplex with Off-Street Parking

26 Elm Street, Spencer, MA 01562

$320,000

2,940 sqft 0.11 AC lot

Three‑unit property with 2,940 square feet of building area
Unit 1 spans the entire first floor; Units 2 and 3 are upstairs
Six plus bedrooms and 3.5 bathrooms
0.105‑acre lot with off‑street parking
Built in 1900 and zoned VR

View details

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

View details

Residential Income, Spencer, MA

99 Lakeshore Drive, Spencer, MA 01562

$735,000

2,096 sqft 4.34 AC lot

Multifamily properties · 2,096 SF

View details

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

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.

View details

Three-Family Residential Income Property

42 Maple, Spencer, MA 01562

$589,900

3,662 sqft 0.08 AC lot

Recently renovated three-family home with updated electrical and plumbing, three full bathrooms, and parking for 3+ cars.

View details

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.

View details

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

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.

View details

Triplex with Off-Street Parking

26 Elm St, Spencer, MA 01562

$320,000

Three-unit property with included appliances, an easy-care lot, and access to nearby shops, restaurants, and bus service.

View details

Quadplex with Two-Car Garage

8 Jones Street, Spencer, MA 01562

$465,000

Separate utility metering and off-street parking support flexible occupancy.

View details

Historic Two-Story Multifamily Residence

2 Church St, Spencer, MA 01562

$474,900

Built in 1898, this two-story residence offers two full bathrooms and six bedrooms across 2,272 square feet.

View details

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 10 Active listings in Spencer, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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-Unit Duplex with Detached Garage

291 N Main St, North Brookfield, MA 01535

$399,900

2,009 sqft

Two residential units offer matching two-bedroom, one-bath layouts and recent interior and exterior improvements.

View details

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.

View details

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.

View details

North Brookfield Multifamily Investment Opportunity

10 Rufus Putnam Rd, North Brookfield, MA 01535

$525,000

3.28 AC lot

Four-unit multifamily property on over 3 acres in North Brookfield.

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.

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.

View details

Charlton Land Subdivision Opportunity

Freeman Rd, Charlton, MA 01507

$1,900,000

99.00 AC lot

Potential 41-lot single-family subdivision in Charlton, Massachusetts.

View details

Commercial Development Land

1 Chase Road, Sturbridge, MA 01566

$1,500,000

36.00 AC lot

Large mixed-use development parcel with prior approval history and access to major interstates.

View details

23 Acres Wooded Warren Parcel

0B Brimfield Rd, Warren, MA 01083

$115,000

23.00 AC lot

Private 23-acre wooded parcel in Warren, MA with homesite potential.

View details

Spencer, MA Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Spencer, MA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 32,504 square feet of properties for sale, with an estimated market value of $4,253,600.

Sale prices for residential income properties in Spencer, MA start at $320,000, averaging $472,622, and reaching up to $735,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$439.8K

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)

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings