118 Prospect St Gloucester, MA ^$ 629,000

118 Prospect St

^$ 629,000

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Open House 1/18 11am - 2pm

118 Prospect St

Gloucester, MA, 01930

^$ 629,000

Bedrooms4 Baths2.0 Sq 2,106

Monthly Estimate*

^$ 3,873

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Multi-Family Home for sale in Gloucester, MA

for $629,000 with 4 bedrooms and 2 full baths. This 2,106 square foot home was built in 1894 on a lot size of 0.13.

Nestled at 118 Prospect St, Gloucester, MA, this 2 family residence presents a unique opportunity to own a piece of history in a vibrant community, offering a canvas ready for your vision. Within this residence, discover 4 bedrooms thoughtfully positioned to create private retreats, offering a haven for rest and rejuvenation. The home includes 2 full Baths which offer essential fixtures. With 2106 square feet of living area spread across 2 stories, this property offers ample space to shape the layout of your dreams either as 2 fam. or large single family, while the 5660 square feet lot provides a setting for outdoor enjoyment. Constructed in 1894, this home carries with it a rich heritage, poised to blend timeless charm with modern aspirations. This Gloucester residence is a promising venture, ready for its transformation into a cherished home. 2 car paved off street parking. Newer gas heating and hot water systems. Waterview Cupola room! Close to all downtown Gloucester has to offer!

Open House

1/18/2026 11:00 AM - 2:00 PM

118 Prospect St Gloucester, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 629,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,848

Style

Multi Family

Lot Size

0.13

Year Built

1894

Town/City

Gloucester

County/Region

Essex

MLS | Web ID

73468938

List By

Lane Team

Listing Agent

North Shore's Gold Coast Realty

Broker

Affordability Calculator

$4,360

Per Month

Monthly Principal & Interest: $3,873
Monthly Property Taxes: $487
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Gloucester, MA

Average List Price ^$902,650

Percent of Sale Price 44%

About Gloucester, MA

29,325 Population

-3% Since 2002

^$65,220 Median Income

48.77 Median Age

20% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
1/15/2026	$629,000		Listed Price

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118 Prospect St, Gloucester, MA, 01930 is a Multi-Family Home for sale at $629,000 with 2,106 sqft and a lot size of 0.13. 118 Prospect St has 4 bedrooms, 2.0 baths, and was built in 1894. The property's zip code is 01930 which is in Gloucester, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 1/18/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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118 Prospect St

Multi-Family Home for sale in Gloucester, MA

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