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Gloucester, MA Multifamily Homes & Duplexes for Sale

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  • /38

    $599,900

    • 5 Beds
    • 2 Baths
    • 1,920 Sq Ft

    4 Alpine Ct, Gloucester, MA 01930

    Beautiful turnkey two-family home in Gloucester! The first unit features three spacious bedrooms and one full bath, while the second unit offers two bedrooms and one bath. Conveniently located near downtown Gloucester, local shops, restaurants, and the scenic waterfront. Enjoy easy access to Route 128 and the MBTA for commuting. A fantastic opportunity for investors seeking steady rental income

    Salvatore Dimercurio Keller Williams Realty Evolution

    4 Alpine Ct, Gloucester, MA 01930
  • /31

    $1,299,000

    • 7 Beds
    • 3 Baths
    • 3,831 Sq Ft

    368 Essex Ave, Gloucester, MA 01930

    Investors, developers, and homesteading enthusiasts — take note! Rare opportunity to acquire a 3.7-acre parcel in highly desirable West Gloucester. Includes a spacious three-family home on 2.44 acres plus an additional 1.26-acre lot, sold together. The existing property offers immediate income potential with three units — ideal for multi-generational living or rental income. Beyond investment

    Antonia Tullercash Churchill Properties

    368 Essex Ave, Gloucester, MA 01930
  • /42

    $1,250,000

    • 11 Beds
    • 5 Baths
    • 3,416 Sq Ft

    23 Mount Vernon St, Gloucester, MA 01930

    Rare opportunity to own a five-unit multifamily property in the heart of downtown Gloucester. Ideally located close to shops, restaurants, and the waterfront, this building offers beautiful views of Our Lady of Good Voyage, Gloucester Harbor, and Ten Pound Island. The property consists of five residential units, four of which will be delivered vacant, providing immediate flexibility for an

    Atlee Alman Vadala Real Estate

    23 Mount Vernon St, Gloucester, MA 01930
  • /38

    $1,850,000

    • 10 Beds
    • 10 Baths
    • 5,050 Sq Ft

    28 Eastern Point Rd, Gloucester, MA 01930

    Located in beautiful East Gloucester and nestled between Rocky Neck and Niles Beach is this iconic, circa 1880's Colonial home that has been owned by the same family for 50+ years! The property features stunning, sweeping ocean views from many of the rooms and the charming covered porch. This gracious home also has a formal foyer, large over sized rooms, hardwood floors, wainscotting and a pocket

    Nancy Goodick

    28 Eastern Point Rd, Gloucester, MA 01930
  • /42

    $1,199,000

    • 5 Beds
    • 2 Baths
    • 3,120 Sq Ft

    35 Reservoir Rd, Gloucester, MA 01930

    Well-maintained two-family home in a convenient Gloucester location offering strong income potential and flexibility for both investors and owner-occupants. This property features two spacious units with a total of 5 bedrooms and 2 full baths, with the potential to be used as a single-family or multi-generational home if desired.Each unit offers a functional layout with generous room sizes and

    Lia Giacalone Engel & Volkers By the Sea

    35 Reservoir Rd, Gloucester, MA 01930
  • /34

    $849,900

    • 6 Beds
    • 3.5 Baths
    • 2,078 Sq Ft

    27 Addison St, Gloucester, MA 01930

    Presenting 27 Addison St, Gloucester, MA, a distinguished multi-family residence constructed in 1900, offering 2078 square feet of refined living space. This property, seats on a 2800 square foot lot, represents a unique opportunity for sophisticated urban living combined with income potential in a vibrant coastal community. The residence is thoughtfully designed across two stories, providing a

    Francisco Alonso Dell Realty Inc.

    27 Addison St, Gloucester, MA 01930
  • /10

    $599,000

    • 4 Beds
    • 3 Baths
    • 1,800 Sq Ft

    113 Pleasant St, Gloucester, MA 01930

    3 family investment property located in central Gloucester within close proximity to downtown, Burnham's playground and T station. Consists of 1 BR, 2 BR, and 1 BR apartments. 2 units have long term TAW tenants and one unit is currently vacant. Separate utilities for each unit. Enclosed fenced yard and patio area. 1 car off-street parking with room to create1-2 more spaces. Newer roof 2020. Low

    Peter Lane North Shore's Gold Coast Realty

    113 Pleasant St, Gloucester, MA 01930

Why Live in Gloucester

Gloucester, MA, a historic coastal city on the Cape Ann peninsula, is renowned for its picturesque nautical landscapes and rich maritime history. Recognized on CNN’s 2023 list of top small cities in America, Gloucester offers a quintessential New England village feel with rocky coasts and sandy shores. The city is home to the oldest seaport in the United States and a thriving fishing industry, with major companies like the Gloucester Marine Genomics Institute and Gorton’s of Gloucester. About 36 miles from Boston, Gloucester attracts both seasonal and year-round residents seeking a seaside retreat. The city boasts a vibrant art scene, housing the first art colony in America at Rocky Neck, where visitors can explore galleries, exhibitions, and workshops. Gloucester also features several parks and recreational facilities, including the Stacy Boulevard waterfront promenade, Magnolia Woods Recreational Area, and Good Harbor Beach. The Maritime Gloucester museum offers insights into the city’s fishing history, and the downtown area is a hub for shopping and dining, with cafes and restaurants serving fresh seafood and various cuisines. Housing options range from century-old cottages and Cape Cods to contemporary mansions, with prices varying significantly based on location and proximity to the water. Public transportation is available through the Cape Ann Transit Authority and the Newburyport/Rockport commuter rail line, making nearby cities like Salem and Boston accessible. Gloucester Public Schools offer various programs, and private school options are available in nearby Beverly. Summers can be hot, winters snowy, and flooding is a potential risk for waterfront properties.

Home Trends in Gloucester, MA

Housing Trends

Median Sale Price
$703,000
Median Single Family Sale Price
$751,000
Median Townhouse Sale Price
$714,000
Median 2 Bedroom Sale Price
$550,000
Median 1 Bedroom Sale Price
$325,000
Average Price Per Sq Ft
$515
Number of Homes for Sale
35
Last 12 months Home Sales
189
Months of Supply
2.20
Median List Price
$721,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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