172-176 Russell St Worcester, MA ^$ 9,900,000

172-176 Russell St

^$ 9,900,000

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172-176 Russell St

Worcester, MA, 01609

^$ 9,900,000

Bedrooms99 Baths36.0 Sq 9,999

Monthly Estimate*

^$ 60,956

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Multi-Family Home for sale in Worcester, MA

for $9,900,000 with 99 bedrooms and 36 full baths. This 9,999 square foot home was built on a lot size of 2.3.

Rare 10-building, 30-unit multifamily portfolio on Worcester’s desirable West Side, steps from WPI. Offered at $9,900,000 ($330K/unit, 7.1% cap). Stabilized projected 2026-2027 gross income of $1,065,600 with NOI of $699,282. Portfolio features a mix of 2BR-5BR apartments plus 4 garage spaces across 10 three-unit buildings. Most units have been extensively renovated and are in good condition. Student-driven tenant base provides reliable demand, scheduled annual turnover aligned with the academic calendar, and historically near-zero vacancy. Located in Worcester’s most stable and sought-after rental submarket with strong rent growth and consistent off-campus housing demand. Sellers are open to offers for the entire portfolio or individual groupings/buildings, creating a flexible acquisition opportunity. Full Offering Memorandum attached to MLS.

Multi-Family Active

Price

^$ 9,900,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 86,074

Style

5+ Family - 5+ Units Up/Down

Lot Size

2.3

Town/City

Worcester

County/Region

Worcester

MLS | Web ID

73488551

List By

Brody Murphy Novak Group

Listing Agent

Douglas Elliman Real Estate - Park Plaza

Broker

Affordability Calculator

$68,129

Per Month

Monthly Principal & Interest: $60,956
Monthly Property Taxes: $7,173
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 Worcester, MA

Average List Price ^$1,185,121

Percent of Sale Price 88%

About Worcester, MA

182,809 Population

6% Since 2002

^$47,245 Median Income

36 Median Age

26% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
3/18/2026	$9,900,000		Listed Price

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172-176 Russell St, Worcester, MA, 01609 is a Multi-Family Home for sale at $9,900,000 with 9,999 sqft and a lot size of 2.3. 172-176 Russell St has 99 bedrooms and 36.0 baths. The property's zip code is 01609 which is in Worcester, 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 5/14/2026.

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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172-176 Russell St

Multi-Family Home for sale in Worcester, MA

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