4

Central Gloucester Multifamily Homes & Duplexes for Sale

Section Image
  • 5 Washington Square, Gloucester, MA 01930
    5 Washington Square, Gloucester, MA 01930
    5 Washington Square, Gloucester, MA 01930
    /20

    $1,199,000 Open Sat 11AM - 1PM

    • 6 Beds
    • 3 Baths
    • 3,555 Sq Ft

    5 Washington Square, Gloucester, MA 01930

    Located at 5 Washington Sq, Gloucester, MA, this multi-family residence in Essex County presents itself as an inviting home, ready for its next chapter. The kitchen is a culinary canvas, featuring a backsplash that adds a touch of sophistication to the heart of this home. Imagine creating memorable meals in this space, where functionality meets aesthetic appeal. The property boasts a deck, an

    Grace Ciaramitaro J. Barrett & Company

    5 Washington Square, Gloucester, MA 01930
  • 185 Washington St, Gloucester, MA 01930
    185 Washington St, Gloucester, MA 01930
    185 Washington St, Gloucester, MA 01930
    /36

    $529,900

    • 1 Bed
    • 2 Baths
    • 1,152 Sq Ft

    185 Washington St, Gloucester, MA 01930

    MIXED USE BUILDING located in a high-traffic, high visibility location and containing a commercial unit on the 1st floor and a one-bedroom residential rental unit located on the 2nd floor above the retail space. The apartment is currently rented to a tenant-at-will at below market rent and will be delivered vacant at closing. Excellent income potential! Commercial unit is in turnkey condition!

    Mark Vadala Vadala Real Estate

    185 Washington St, Gloucester, MA 01930
  • 300 Main St, Gloucester, MA 01930
    300 Main St, Gloucester, MA 01930
    300 Main St, Gloucester, MA 01930
    /29

    $749,000 Open Sat 10:30AM - 12PM

    • 5 Beds
    • 2 Baths
    • 2,636 Sq Ft

    300 Main St, Gloucester, MA 01930

    DOWNTOWN SIDE BY SIDE TWO-FAMILY. THIS PROPERTY HAS MANY POSSIBILITIES AS WHAT TO DO WITH THE TWO UNITS. FROM MULTI-GENERATIONAL LIVING, INVESTORS OR RENTAL INCOME POTENTIAL. THE CENTRAL LOCATION MAKES IT EASY TO ACCESS THE HEART OF DOWNTOWN GLOUCESTER FOR RESTAURANTS, ,MUSEUMS AND THE HISTORICAL GLOUCESTER HARBOR.

    Ann Olivo J. Barrett & Company

    300 Main St, Gloucester, MA 01930
  • 52 Taylor St, Gloucester, MA 01930
    52 Taylor St, Gloucester, MA 01930
    52 Taylor St, Gloucester, MA 01930
    /12

    $1,199,000

    • 6 Beds
    • 4 Baths
    • 2,790 Sq Ft

    52 Taylor St, Gloucester, MA 01930

    Seller has a set of working plans which could create additional new units attached to the rear of the building. Perhaps two units may be allowed. Multi level townhouse style units would work best. Parking for would be accessed via a way off of Mt.Vernon St in the rear.

    Don Dunsky Don Dunsky Real Estate

    52 Taylor St, Gloucester, MA 01930
Massachusetts Essex County Gloucester Central Gloucester

Multi-Family Homes & Duplexes for Sale in Central Gloucester, Gloucester

Why Live in Central Gloucester
Central Gloucester is a historic neighborhood known for its late 1800s and early 1900s New Englander and Colonial Revival homes, many of which have been converted into multi-unit and multifamily buildings. The area features smaller lots and yards but is close to the waterfront and several parks. Dogtown Original Settlement offers hiking trails and historical markers, while Stage Fort Park provides beach access, a dog park, and sports fields. Burnham's Field in the center of the neighborhood also has playsets and sports fields. The downtown area and waterfront are filled with local businesses and boutiques, offering a variety of dining options such as Tonno, known for its fresh seafood with an Italian flair, and Oak to Ember, which features dockside dining with wood-fired and smoked dishes. Residents can shop at Market Basket or the Cape Ann Farmers Market. Central Gloucester hosts numerous events throughout the year, including the St Peters Fiesta in June and the Gloucester Schooner Festival in September. The neighborhood has sidewalks on nearly every street, making it easy to walk to stores, parks, and dining. It is located at the end of the Yankee Division Highway, leading to U.S. Route 1 and a 35-mile commute to Boston. The Gloucester commuter rail station offers an hour-long train ride to Boston’s North Station, and Boston Logan International Airport is 35 miles away.
Learn more about living in Central Gloucester

Home Trends in Central Gloucester, MA

On average, homes in Central Gloucester, Gloucester sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Central Gloucester, Gloucester over the last 12 months is $735,000, up 136% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$735,000
Median Single Family Sale Price
$525,000
Median Townhouse Sale Price
$524,000
Median 2 Bedroom Sale Price
$740,000
Median 1 Bedroom Sale Price
$310,000
Average Price Per Sq Ft
$330
Number of Homes for Sale
10
Last 12 months Home Sales
48
Months of Supply
2.50
Median List Price
$575,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
136%
How to Buy a Home How to Finance a Home How to Sell a Home

In Central Gloucester, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $529,900 to $1,199,000, there's something for every budget. As of August, 2025 the median home price in Central Gloucester, Gloucester is $575,000, while the average sale price is $1,274,006, providing insight into local market trends. On average, multi-family homes spend 56 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Central Gloucester, Gloucester.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group