Investing in Norwood Multi-Family Homes

A live snapshot of the Norwood, MA multi-family market — 3 active listings.

Norwood is one of Greater Boston's active multi-family markets, with 3 income properties currently for sale at a median price of $900,000 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

$1,150,000

244 Washington Street, Norwood MA 02062

3 units 7 bd3 ba2,488 sqft

Cap rate4.7%

Signal Score82

$/unit$383,333

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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

$900,000

24 Short St, Norwood MA 02062

2 units 2 bd2 ba2,442 sqft

Cap rate4.0%

Signal Score72

$/unit$450,000

Prices in Norwood currently run from $850,000 to $1,150,000, or about $425,000 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.