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Lawrence, MA Multifamily Homes & Duplexes for Sale

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  • 89 Newbury St Unit 89B, Lawrence, MA 01840
    89 Newbury St Unit 89B, Lawrence, MA 01840
    89 Newbury St Unit 89B, Lawrence, MA 01840
    /21

    $1,349,999

    • 4 Beds
    • 3.5 Baths
    • 3,114 Sq Ft

    89 Newbury St Unit 89B, Lawrence, MA 01840

    Cash Cow! 4 unit Mixed -use well maintained. High traffic corner. This is a great opportunity to own & occupy with the potential to collect rents and potential to run your own business. Separate utilities. Seller's Unit 3 is interested in remaining in the unit for 5 years at a mutually agreed upon monthly rent. Successful convenience store Unit 4 is Tenant occupied. Inventory, Equipment, &

    Pina Russo CRG

    89 Newbury St Unit 89B, Lawrence, MA 01840
  • 53-55 Phillips St, Lawrence, MA 01843
    53-55 Phillips St, Lawrence, MA 01843
    53-55 Phillips St, Lawrence, MA 01843
    /17

    $799,500

    • 5 Beds
    • 3 Baths
    • 2,992 Sq Ft

    53-55 Phillips St, Lawrence, MA 01843

    Welcome to 53-55 Phillip St, Lawrence! This well-maintained 3-family home offers a fantastic opportunity for both owner-occupants and investors. Featuring a newer roof, windows, and siding, the property combines curb appeal with long-term value. With a total of 5 bedrooms across the three units, there’s room for everyone. Unit 1: 2 bedrooms, 1 bath. Unit 2: 2 bedrooms, 1 bath, plus a home office

    Tina Hill RE/MAX On the Charles

    53-55 Phillips St, Lawrence, MA 01843
  • 145 Water St, Lawrence, MA 01841
    145 Water St, Lawrence, MA 01841
    145 Water St, Lawrence, MA 01841
    /14

    $825,000

    • 7 Beds
    • 3 Baths
    • 2,631 Sq Ft

    145 Water St, Lawrence, MA 01841

    145 Water St benefits from a central, commuter-friendly location with convenient access to downtown Lawrence, Route 28, I-495, I-93 and the Lawrence Commuter Rail Station. The building consists of two (2), 3-Bedroom/ 1-Bathroom units and one (1), 1+ Bedroom/ 1-Bathroom unit. The building contains 2,631 SF of living area in 4,336 SF of gross area. The property is professionally managed, features

    Spencer Norton Horvath & Tremblay

    145 Water St, Lawrence, MA 01841
  • 58 Crosby St, Lawrence, MA 01843
    58 Crosby St, Lawrence, MA 01843
    58 Crosby St, Lawrence, MA 01843
    /14

    $950,000

    • 6 Beds
    • 3 Baths
    • 3,168 Sq Ft

    58 Crosby St, Lawrence, MA 01843

    Welcome to 58 Crosby St, a beautifully rehabbed 3-family home in the heart of South Lawrence. Fully gutted and renovated in 2015, this property features updated plumbing and electrical, hardwood floors, modern kitchens with stainless steel appliances and new cabinetry, and stylishly tiled bathrooms throughout. Each unit is equipped with a high-efficiency heating/water heater combo unit installed

    Angel Boria Empire Real Estate™

    58 Crosby St, Lawrence, MA 01843
  • 2 Lansdowne Ct, Lawrence, MA 01841
    2 Lansdowne Ct, Lawrence, MA 01841
    2 Lansdowne Ct, Lawrence, MA 01841
    /20

    $2,200,000

    • 16 Beds
    • 8 Baths
    • 8,511 Sq Ft

    2 Lansdowne Ct, Lawrence, MA 01841

    Opportunity knocks! Meticulously maintained 8 unit building. Many upgrades and improvements throughout. Fully rented with good long term tenants. Rents are averagely slightly below market providing greater income potential. Separate utilities, newer roof, and low maintenance.

    Angel Boria Empire Real Estate™

    2 Lansdowne Ct, Lawrence, MA 01841
  • 406-408 Lowell St, Lawrence, MA 01841
    406-408 Lowell St, Lawrence, MA 01841
    406-408 Lowell St, Lawrence, MA 01841
    /15

    $600,000

    • 5 Beds
    • 2 Baths
    • 1,838 Sq Ft

    406-408 Lowell St, Lawrence, MA 01841

    This well-located 2-unit property at 406-408 Lowell Street in Lawrence, Massachusetts, consists of 10 rooms, 5 total-bedrooms/2-full bathroom, totaling 1,838 sq. ft. of living space on a 0.14-acre parcel. Each unit is separately metered for gas and electricity. The property also benefits from a oversized car garage and with plenty of parking spaces, a backyard, and newer roof and furnace.Come see

    James Pham RE/MAX Partners

    406-408 Lowell St, Lawrence, MA 01841
  • 19-21 Pleasant Terrace, Lawrence, MA 01841
    19-21 Pleasant Terrace, Lawrence, MA 01841
    19-21 Pleasant Terrace, Lawrence, MA 01841
    /15

    $760,000

    • 6 Beds
    • 3 Baths
    • 2,304 Sq Ft

    19-21 Pleasant Terrace, Lawrence, MA 01841

    Attention Investors and first time buyers well maintained 3 family home, 1st floor apartment features 5 rooms 3 beds 2nd floor 5 rooms 3 beds 3rd floor 1 bed. separate utilities parking for 5 cars this property is exceptional investment. schedule your showing today.

    Juan Ortega Century 21 McLennan & Company

    19-21 Pleasant Terrace, Lawrence, MA 01841
  • 42 Morton St, Lawrence, MA 01841
    42 Morton St, Lawrence, MA 01841
    42 Morton St, Lawrence, MA 01841
    /22

    $790,000

    • 5 Beds
    • 3 Baths
    • 2,728 Sq Ft

    42 Morton St, Lawrence, MA 01841

    Attention Investors and First-Time Home Buyers: A unique opportunity awaits with this well maintained 3-family home, Under the same ownership since 1993. The property features a desirable unit mix; 1st floor-2 BR, 2nd floor-3 BR, and 3rd floor- 2 BR. Boasting a total of 7 bedrooms and 3 full baths, plus parking for 5+ vehicles, this property is an exceptional investment. The basement offers

    Jessica Duran eXp Realty

    42 Morton St, Lawrence, MA 01841
  • 324-326 Broadway, Lawrence, MA 01841
    324-326 Broadway, Lawrence, MA 01841
    324-326 Broadway, Lawrence, MA 01841
    /29

    $1,098,000

    • 8 Beds
    • 7 Baths
    • 4,837 Sq Ft

    324-326 Broadway, Lawrence, MA 01841

    This high-visibility, mixed-use multifamily property is perfectly positioned for both residential and commercial success. Located in a high-trafficked area, it features two ground-level commercial units ideal for business use, and two expansive residential units above with each offering five bedrooms and two full bathrooms. The property includes two separate entrances and a private, fenced

    Candor Realty Group Four Points Real Estate, LLC

    324-326 Broadway, Lawrence, MA 01841
  • 13 Kingston St, Lawrence, MA 01843
    13 Kingston St, Lawrence, MA 01843
    13 Kingston St, Lawrence, MA 01843
    /4

    $524,900

    • 3 Beds
    • 2 Baths
    • 1,395 Sq Ft

    13 Kingston St, Lawrence, MA 01843

    **Buyers financing fell through, now it's your chance to purchase this affordable home!** Introducing the perfect two-family home for a young starting family or investment in this historic gem! It features one bedroom on the first floor, allowing you to pay your mortgage with the two-bedroom apartment above. The beautiful yard is ideal for family gatherings. It offers convenient access to

    Michelle Fermin Century 21 North East

    13 Kingston St, Lawrence, MA 01843
  • 24 Bennington St, Lawrence, MA 01841
    24 Bennington St, Lawrence, MA 01841
    /2

    $650,000

    • 4 Beds
    • 2 Baths
    • 1,933 Sq Ft

    24 Bennington St, Lawrence, MA 01841

    Great opportunity for investors or first-time home buyers! This well-maintained two-family home features a 1st floor unit with 4 rooms, 2 bedrooms, 1 bathroom, kitchen and living room with tile and hardwood floors. The 2nd floor offers 6 rooms, including 4 bedrooms, 2 bathroom, an updated kitchen, living room, hardwood floors and ceramic tiles. Additional highlights include a newer heating

    Kennia Mejia Realty ONE Group Nest

    24 Bennington St, Lawrence, MA 01841
Massachusetts Essex County Lawrence

Multi-Family Homes & Duplexes for Sale in Lawrence, MA

Why Live in Lawrence

Lawrence Heritage State Park showcases the city's rich industrial heritage along the Merrimack River, where visitors explore mill buildings and learn about the historic Bread and Roses Strike of 1912. The Essex Art Center features rotating exhibits from local artists, while Den Rock Park provides peaceful hiking trails within city limits. Residents enjoy authentic Mexican dishes at Cafe Azteca, traditional Italian fare at Salvatore's riverside location, and Dominican specialties at Pollo Tipico. The Canal Street Antique Mall attracts collectors searching for vintage treasures.

The housing market in Lawrence presents diverse options across several neighborhoods. Mount Vernon features single family homes with a median price of $560,000, while Colonial Heights shows a median of $585,000 for similar properties. Tower Hill and Arlington areas provide more affordable options, with median single family home prices of $463,500 and $455,000 respectively. One bedroom condos start at a median price of $145,000, while two bedroom units have a median price of $275,000.

Property taxes in Lawrence maintain a 1.07% effective rate, matching neighboring communities like Methuen and Andover. The Massachusetts state income tax rate is 5.00%, with a 6.25% sales tax rate.

The MBTA Commuter Rail's Haverhill Line connects Lawrence to Boston, approximately 25 miles south. Local MVRTA buses serve the community, and I-495 provides quick access to surrounding areas. Educational options include Saint Michael School, rated A+ by Niche, and Central Catholic High School, rated A. Northern Essex Community College maintains several facilities throughout the city, including the Dimitry Building and El-Hefni Allied Health Technology Center.

Learn more about living in Lawrence

Home Trends in Lawrence, MA

On average, homes in Lawrence, MA sell after 8 days on the market compared to the national average of 70 days. The median sale price for homes in Lawrence, MA over the last 12 months is $550,000, up 53% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$550,000
Median Single Family Sale Price
$550,000
Median 2 Bedroom Sale Price
$310,000
Average Price Per Sq Ft
$335
Number of Homes for Sale
1
Last 12 months Home Sales
13
Months of Supply
0.90
Median List Price
$544,480
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
53%
How to Buy a Home How to Finance a Home How to Sell a Home

In Lawrence, there are currently 11 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $524,900 to $2,200,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Lawrence is $544,480, while the average sale price is $522,307, offering insights into the local housing market. On average, multi-family homes spend 8 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to 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 considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lawrence, MA.

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.

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