Investing in Norwood Multi-Family Homes

A live snapshot of the Norwood, MA multi-family market — 8 active listings.

Norwood is one of Greater Boston's active multi-family markets, with 8 income properties currently for sale at a median price of $870,000 and a median estimated cap rate around 4.2%. Whether you're buying your first two- or three-family or expanding a portfolio, the listings below are each scored for investment potential so you can compare deals at a glance.

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◆ 82

$1,140,000

244 Washington Street, Norwood MA 02062

3 units 7 bd3 ba2,488 sqft

Cap rate4.7%

Signal Score82

$/unit$380,000

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◆ 76

$850,000

26 Tremont St, Norwood MA 02062

2 units 5 bd4 ba1,812 sqft

Cap rate4.2%

Signal Score76

$/unit$425,000

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◆ 72

$849,900

24 Short St, Norwood MA 02062

2 units 2 bd2 ba2,442 sqft

Cap rate4.0%

Signal Score72

$/unit$424,950

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$825,000

61-63 Elliott St., Norwood MA 02062

2 units 4 bd2 ba1,965 sqft

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$890,000

187 Walpole St, Norwood MA 02062

2 units 4 bd2 ba2,030 sqft

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$1,199,000

69 Prospect Ave, Norwood MA 02062

3 units 5 bd3 ba2,381 sqft

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$1,199,000

248 Washington Street, Norwood MA 02062

3 units 7 bd3 ba2,488 sqft

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$675,000

35 Wilson St, Norwood MA 02062

2 units 3 bd2 ba1,576 sqft

Prices in Norwood currently run from $675,000 to $1,199,000, or about $406,083 per unit at the median. Multi-family inventory moves quickly when the numbers work, so save a search to get alerted the moment a new Norwood deal hits the market — or open any listing and run your own numbers in the property analyzer.