Multi-Family Properties (2-4 Units)
Build Your Investment Portfolio
Discover 28 recently sold multi-family properties across Greater Boston. Perfect for investors seeking rental income and long-term appreciation. Live in one unit, rent the others!
Typical Cap Rate
Avg Rent Per Unit
Typical Down Payment
All 28 Multi-Family Properties
Recently sold 2-4 unit properties in Greater Boston
160-162 Avon St, Lowell, MA 01854
53 Pond St, Lowell, MA 01852
9 Kilmer Ave, Taunton, MA 02780
50 Metcalf Rd, North Attleboro, MA 02760
59-61 Chester St, Lawrence, MA 01843
100-102 Billerica St, Lowell, MA 01852
38 Warren St, Revere, MA 02151
3 Ridgewood Rd, Rockport, MA 01966
8 Grove St, Upton, MA 01568
183 Eldridge St, Taunton, MA 02780
58 Jay St, North Attleboro, MA 02760
51 Forest St #53, Lawrence, MA 01841
24-26 Turner Ave, Dracut, MA 01826
36 Garfield St, Taunton, MA 02780
167 West St, Milford, MA 01757
82 Pearl St, Brockton, MA 02301
322-324 Pearl St, Malden, MA 02148
154 Quincy Shore Dr UNIT 51, Quincy, MA 02171
49 49a&b Eutaw St, Lawrence, MA 01841
8 Shoreside Rd, Quincy, MA 02169
9 Guadalcanal Rd, Framingham, MA 01702
3 Ariana Cir #0, Milford, MA 01757
5 Ariana Cir #0, Milford, MA 01757
89 Kirtland St APT B, Lynn, MA 01905
42 Albion St, Lowell, MA 01850
47 Forest St, Rockland, MA 02370
59 Edgehill Rd, Taunton, MA 02780
73 Winter St UNIT 73, Wrentham, MA 02093
Multi-Family Investment Strategies
House Hacking (Owner-Occupied)
Live in one unit and rent out the others. This strategy allows you to qualify for owner-occupied financing (lower down payment, better rates) while having tenants help cover your mortgage.
Benefit: FHA loans require as little as 3.5% down for multi-family properties (up to 4 units) if you live in one of them.
Pure Investment Property
Rent out all units for maximum cash flow. Investment properties typically require 20-25% down, but rental income can offset most or all of your mortgage payment.
Key Metric: Look for properties with a 1% rule (monthly rent ≥ 1% of purchase price) or cap rates above 6% in Greater Boston markets.
Long-Term Appreciation Play
Multi-family properties in Greater Boston have historically appreciated well due to strong rental demand from colleges, hospitals, and tech companies. Hold for 10+ years while tenants pay down your mortgage.
Value-Add Renovation
Buy below-market properties, renovate units, and increase rents. This "BRRRR" strategy (Buy, Rehab, Rent, Refinance, Repeat) can accelerate wealth building if you have renovation experience.
Ready to Start Investing?
Multi-family properties require more capital and management than single-family homes, but the income potential and tax benefits make them a cornerstone of wealth building.
Pro Tip: Start with a 2-unit property (duplex) to minimize management complexity while learning the landlord business. As you gain experience, scale up to 3-4 unit buildings.