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    Norwood, MA
    Triplex

    Norwood, MA Triplexes for Sale

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    Westwood, MA Walpole, MA Canton, MA Dedham, MA Medfield, MA Boston, MA Stoughton, MA Sharon, MA
    Renovated Three-Unit Triplex
    Updated: Aug 26
    Renovated Three-Unit Triplex

    248 Washington Street, Norwood, MA 02062

    $1,199,000
    2,488 sqft
    3 units with separate utilities
    7+ CAP RATE and strong rental history
    Recently renovated kitchens with new appliances
    Renovated bathrooms and oversized rooms
    Separate laundry facilities plus basement storage
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    This listing looks promising.

    Here's a quick look at some key insights for

    248 Washington Street, Norwood, MA 02062

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    • Est. Cap Rate

      3.7%
      NOI ÷ price

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $637K
      Suggested

    • Property Type

      Triplex
      Built 1959
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    Renovated Three-Unit Triplex
    Updated: May 11
    Renovated Three-Unit Triplex

    244 Washington Street, Norwood, MA 02062

    $1,140,000
    Three‑unit property with three generously sized residential units
    Recently renovated with newer kitchens, new appliances, and renovated bathrooms
    Separate utilities for each unit
    Separate laundry facilities and additional basement storage
    Shared yard and plenty of parking spaces
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    Three-Unit Residential Building
    Three-Unit Residential Building

    4-6 Saunders Road, Norwood, MA 02062

    Contact for pricing

    Updated three-family home offering spacious interior layouts with soaring ceilings, hardwood floors, and multiple deck areas.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Norwood, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick Triplex with Parking
    Brick Triplex with Parking

    247 Washington Street, Boston, MA 02121

    $1,149,000
    2,460 sqft

    Vacant three-unit property with updated kitchens, hardwood floors, rear decks, and a full walkout basement.

    View details
    Triplex with Additional Lots
    Triplex with Additional Lots

    12 Bungalow Rd, Boston, MA 02132

    $799,000
    2,898 sqft

    R3-zoned property with three distinct apartments, private entrances, and a range of residential layouts.

    View details
    Three-Family Residential Income Property
    Three-Family Residential Income Property

    3985 Washington Street, Boston, MA 02131

    $1,249,000
    3,234 sqft

    Three spacious apartments with hardwood floors, separate heating and electric, plus a newer rubber roof and off-street parking.

    View details
    Renovated 3-Unit Residential Income
    Renovated 3-Unit Residential Income

    16 Chesterfield St, Boston, MA 02136

    Contact for pricing
    4,212 sqft

    Three renovated residential units feature in-unit laundry, a fenced pool area, and a paved driveway with capacity for seven vehicles.

    View details

    Norwood, MA Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Norwood, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,488 square feet of properties for sale, with an estimated market value of $2,339,000.

    Sale prices for three-family homes in Norwood, MA start at $1,140,000, averaging $1,169,500, and reaching up to $1,199,000 — 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 5
    Triplexes 3
    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +7.5%
    Median Household Income $97,110
    College Educated 75.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    02062 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.15%
    Property Tax per SF $22.30 per SF
    Tax Rate vs County Average 0.30 pp above 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 Norwood fall within the 10,000 to 25,000 square foot range.

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