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Wakefield, MA Multifamily Homes & Duplexes for Sale

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  • /20

    $999,900

    • 6 Beds
    • 3 Baths
    • 3,278 Sq Ft

    51 Crescent St, Wakefield, MA 01880

    Location, Location, Location! 3-Family just minutes to downtown, the commuter rail is less than 1/2 mile, shopping, dining and major routes. Bright, spacious units feature high ceilings, nice flow and eat-in kitchens. Current rents are well below market. Updating, all three units will enhance the value of each unit (buyers/agents to verify). Enjoy strong rental demand, low vacancy, 2 off-street

    Bill Butler Leading Edge Real Estate

    51 Crescent St, Wakefield, MA 01880
  • /37

    $1,200,000

    • 8 Beds
    • 5 Baths
    • 3,613 Sq Ft

    24 Park St, Wakefield, MA 01880

    Nestled in a prime location near downtown Wakefield, this distinctive 2-family home offers exceptional opportunities for the owner-occupant seeking supplemental rental income or the savvy investor searching for a cash-flow positive asset. This spacious home blends original touches with tasteful updates (extensive 2002 addition). The partially finished basement and 3rd level complete with 2

    James Fitzgerald Barrett, Chris. J., REALTORS®

    24 Park St, Wakefield, MA 01880

Why Live in Wakefield

Wakefield, MA, is a community-oriented town located 14 miles from Boston with a population of 27,000 residents. Incorporated in 1812, Wakefield has a rich history dating back to its colonization in 1638. The town's economy is supported by industries such as Frito-Lay manufacturing, healthcare, professional services, and education. Downtown Wakefield is undergoing redevelopment, enhancing Main Street and its mixed-use buildings. The Wakefield Farmers Market, open every Saturday from mid-June through October, features local produce and live music. Dining options include Harrington's Pub, Blue Moon Grill, and Zuzu’s Cafe. Redstone Shopping Center and MarketStreet Lynnfield offer a variety of retail and dining choices. Wakefield boasts over a dozen parks, including Lake Quannapowitt, which is popular for boating and swimming. The Lucius Beebe Memorial Library serves as a community hub with various groups and activities. The town hosts the annual Festival by the Lake, featuring arts and crafts, food vendors, and live music. Housing in Wakefield includes historic colonials, Cape Cod-style homes, modern condominiums, and townhouses, with most homes built before 1940. The town is accessible via Interstates 93 and 95, Route 128, and the MBTA Commuter Rail. Wakefield Public Schools and Mystic Valley Regional Charter School are highly rated, with strong academic and college prep programs. The town has low crime rates compared to the national average and utilizes the CodeRED Alert System for emergency notifications.

Home Trends in Wakefield, MA

Housing Trends

Median Sale Price
$774,375
Median Single Family Sale Price
$850,000
Median Townhouse Sale Price
$775,000
Median 2 Bedroom Sale Price
$642,000
Median 1 Bedroom Sale Price
$529,900
Average Price Per Sq Ft
$482
Number of Homes for Sale
27
Last 12 months Home Sales
296
Months of Supply
1.10
Median List Price
$779,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
5%
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