368 Essex Avenue Gloucester, MA ^$ 1,149,000

368 Essex Avenue

^$ 1,149,000

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368 Essex Avenue

Gloucester, MA, 01930

^$ 1,149,000

Bedrooms8 Baths3.1 Sq 3,831

Monthly Estimate*

^$ 7,255

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Multi-Family Home for sale in Gloucester, MA

for $1,149,000 with 8 bedrooms and 3 full baths, 1 half bath. This 3,831 square foot home was built in 1920 on a lot size of 3.7.

A rare opportunity in West Gloucester! This 4,000+ sq. ft. three-family property is being offered with TWO parcels totaling approximately 3.7 acres—an exceptional combination of multi-family living, acreage, income potential, and possible future development. The offering includes 368 Essex Ave., featuring a spacious three-family home situated on approximately 2.44 acres with substantial frontage along Essex Ave., plus 368R Essex Ave., an additional approximately 1.26-acre R-30 zoned parcel located behind the main property and described as an “orchard” on the deed. Investors, contractors, developers, flippers, and cash buyers—bring your vision! The multi-family home is in need of updating and improvement, but offers tremendous space and potential for renovation, rental income, or repositioning. With two parcels and nearly 4 acres combined, the possibilities are intriguing. Property is being sold as-is. Buyers and buyers’ agents to perform their own due diligence regarding zoning, subdivision potential, permitted uses, approvals, and development possibilities.

Multi-Family Active

Price

^$ 1,149,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 10,220

Style

3 Family - 3 Units Side by Side

Lot Size

3.7

Year Built

1920

Town/City

Gloucester

County/Region

Essex

MLS | Web ID

73583315

List By

Lillian LoGrasso

Listing Agent

J. Barrett & Company

Broker

Affordability Calculator

$8,107

Per Month

Monthly Principal & Interest: $7,255
Monthly Property Taxes: $852
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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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Trends

Multi-family listings in Gloucester, MA

Average List Price ^$1,232,490

Percent of Sale Price 7%

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
9/28/2026	$1,149,000		Listed Price

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368 Essex Avenue, Gloucester, MA, 01930 is a Multi-Family Home for sale at $1,149,000 with 3,831 sqft and a lot size of 3.7. 368 Essex Avenue has 8 bedrooms, 3.1 baths, and was built in 1920. 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 6.49% 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 10/3/2026.

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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368 Essex Avenue

Multi-Family Home for sale in Gloucester, MA

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