OFF MARKET

Off Market Dec 2024 for $970K

$1,135,013

•

4,770

sq ft

40-42 Merrifield St, Worcester, MA 01605

About this home

Discover an exceptional investment opportunity with this fully renovated 4-family rental property situated on a desirable corner lot in Worcester! This property boasts modern upgrades throughout, including all new mechanical systems—plumbing, electrical, and heating. Each unit features energy-efficient tankless on-demand hot water heaters, along with stylish quartz countertops and stainless steel appliances, ensuring both comfort and luxury for tenants. Currently, three units are vacant and ready for new tenants, making it ideal for an investor looking to maximize rental income. The top-floor unit is already generating $2,300 per month, providing a strong foundation for your investment. Additional highlights include off-street parking for six cars, a rare convenience in the area. This property is strategically located near Worcester's largest hospitals and a variety of popular restaurants, making it appealing to potential renters.

Multi-familyProperty Type

2024Year Built

9,294 sq ftLot Size

$238Est. Price/Sq.Ft.

6 spacesParking

Listed by Benjamin Kovacs • Young Realty Group, LLC

Bought with Candor Realty Group • Four Points Real Estate, LLC

Redfin checked: a minute ago

•Source:MLS PIN #73304804

Redfin Estimate

$1,135,013

$165K since sold in December 2024$99K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 38.5% higher than the average sale price ($819K) of 6 comparable homes.

SOLD AUG 21, 2026
$770,000
A
7 beds4 baths4,060 sq ft
37 Oak Ave, Worcester, MA 01605
SOLD MAR 18, 2026
$845,000
B
11 beds3 baths4,782 sq ft
82 Green Hill Pkwy, Worcester, MA 01605
SOLD JUL 27, 2026
$695,000
C
9 beds3 baths3,861 sq ft
89 Gage St, Worcester, MA 01605
SOLD NOV 7, 2025
$800,000
D
9 beds3 baths3,908 sq ft
6 Adolph St, Worcester, MA 01605
SOLD AUG 17, 2026
$1,051,020
E
12 beds3 baths4,290 sq ft
167 Highland St, Worcester, MA 01609
SOLD MAY 11, 2026
$755,000
F
9 beds3 baths4,545 sq ft
47 Houghton St, Worcester, MA 01604

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 01605, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

0.3% MoM

Median sale price

$475K

$5K MoM

Avg. days on market

23d

3 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 6 HRS AGO
$579,900
4 beds2 baths2,236 sq ft
39 Westport Rd, Worcester, MA 01605
OPEN TODAY, 11:30AM TO 12:30PM
$699,865
9 beds3 baths4,125 sq ft
16 Reservoir St, Worcester, MA 01605
$645,000
3 beds2.5 baths2,240 sq ft
24 Paper Birch Path #24, Worcester, MA 01605
$699,000
4 beds1 bath2,627 sq ft
25 Kenwood Ave, Worcester, MA 01605
$600,000
7 beds3 baths3,143 sq ft
97 Eastern Ave, Worcester, MA 01605
3D WALKTHROUGH
$425,000
3 beds1.5 baths1,544 sq ft
1 Belvidere Ave, Worcester, MA 01605
OPEN TODAY, 11AM TO 12:30PM
$499,900
5 beds3 baths2,182 sq ft
31 Barnard Rd, Worcester, MA 01605
$499,500
4 beds1.5 baths1,946 sq ft
33 Clearview Ave, Worcester, MA 01605
$429,900
2 beds2.5 baths1,386 sq ft
31-A Belcourt Rd, Worcester, MA 01605
$449,900
2 beds1 bath1,143 sq ft
30 Barrett Ave, Worcester, MA 01605
See all

Provided by Redfin

Sale history for 40-42 Merrifield St

Year

Property tax

Land + Additions

Assessment*

2023

$6,994 (+14.8%)

$48,400 + $439,300

$487,700

2022

$6,092 (+2.3%)

$38,700 + $361,800

$400,500

2021

$5,954 (+11.3%)

$31,000 + $334,700

$365,700

2020

$5,348 (−1.2%)

$28,700 + $285,900

$314,600

2019

$5,411 (+6.8%)

$26,700 + $273,900

$300,600

2018

$5,068 (+7.2%)

$26,700 + $241,300

$268,000

2017

$4,726 (−2.6%)

$26,700 + $219,200

$245,900

2016

$4,854 (+5.5%)

$38,600 + $196,900

$235,500

2014

$4,602 (+21.1%)

$38,600 + $196,900

$235,500

2013

$3,800 (+1.2%)

$38,200 + $166,300

$204,500

2012

$3,756 (−1.6%)

$38,200 + $183,000

$221,200

2011

$3,817 (−5.3%)

$75,000 + $162,700

$237,700

2010

$4,030 (+2.5%)

$75,000 + $191,000

$266,000

2009

$3,933

$107,300 + $184,000

$291,300

Tax history for 40-42 Merrifield St

Year

Property tax

Land + Additions

Assessment*

2023

$6,994 (+14.8%)

$48,400 + $439,300

$487,700

2022

$6,092 (+2.3%)

$38,700 + $361,800

$400,500

2021

$5,954 (+11.3%)

$31,000 + $334,700

$365,700

2020

$5,348 (−1.2%)

$28,700 + $285,900

$314,600

2019

$5,411 (+6.8%)

$26,700 + $273,900

$300,600

2018

$5,068 (+7.2%)

$26,700 + $241,300

$268,000

2017

$4,726 (−2.6%)

$26,700 + $219,200

$245,900

2016

$4,854 (+5.5%)

$38,600 + $196,900

$235,500

2014

$4,602 (+21.1%)

$38,600 + $196,900

$235,500

2013

$3,800 (+1.2%)

$38,200 + $166,300

$204,500

2012

$3,756 (−1.6%)

$38,200 + $183,000

$221,200

2011

$3,817 (−5.3%)

$75,000 + $162,700

$237,700

2010

$4,030 (+2.5%)

$75,000 + $191,000

$266,000

2009

$3,933

$107,300 + $184,000

$291,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

9,148 Sq. Ft.

Year renovated

—

Sq. Ft.

4,475

Year built

1920

Style

Multi-Family (5+ Unit)

County

Worcester County

APN

1778112

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Mar 6, 2023.

Property details

Parking

Parking Information
Parking Spaces: 6
Parking Features: Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 4

Laundry Information
Laundry Features: Electric Dryer Hookup

Interior Features
# of Rooms (Total): 20
Flooring: Vinyl

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N

Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: N

Unit #4 Information
# of Levels: 1
# of Floors: 4
Lease: Y

Exterior

Building Information
Building Area (Total): 4,770
Foundation Details: Block, Brick/Mortar
Construction Materials: Frame
Stories (Total): 4
Year Built Source: Owner
Year Built Details: Renovated Since
Color: Green

Exterior Features
Fencing: Fenced
Roof: Shingle
Patio And Porch Features: Enclosed, Deck - Wood

Property Information
PropertySubType: 4 Family - 4 Units Up/Down

Lot Information
Lot Size (Acres): 0.21
Lot Features: Corner Lot
ViewYN: Has View
View: City View(s)
Road Surface Type: Paved
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $7,261
Tax Year: 2024

Utilities

Utility Information
Utilities: for Gas Range, for Electric Dryer
Sewer: Public Sewer
Water Source: Public
Electric: 100 Amp Service, Individually Metered

Location

Location Information
Directions: East of Route 290 located off of Shrewsbury Street
UnparsedAddress: 40-42 Merrifield St, Worcester MA 01605

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Park, Medical Facility, Highway Access, Public School, Sidewalks

Public facts

Beds: 7
Baths: 4.0
Sq. Ft.: 4,475
Stories: 3.0
Lot Size: 9,148 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1920
Year Renovated: —
County: Worcester County
APN: 1778112

Home facts updated by county records on Mar 6, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Belmont Street Community School

Public PreK-6 • Assigned • 0.2mi

6/10

Worcester East Middle School

Public 7-8 • Assigned • 1.2mi

4/10

North High School

Public 9-12 • Assigned • 1.3mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

6 days above 93° expected this year, 14 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Worcester, MA • 01605

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

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Home values near 40-42 Merrifield St

Data from public records.

Address	Redfin Estimate
29-31 Merrifield Street, Worcester, MA 4 Beds \| 2 Baths \| - Sq. Ft.	$465,906
28 Merrifield Street, Worcester, MA 9 Beds \| 3 Baths \| 2952 Sq. Ft.	$629,414

Address	Redfin Estimate
20 Merrifield Street, Worcester, MA 6 Beds \| 3 Baths \| 3546 Sq. Ft.	$726,515
34 Merrifield Street, Worcester, MA 9 Beds \| 3 Baths \| 3930 Sq. Ft.	$797,449

Address	Redfin Estimate
24 Merrifield Street, Worcester, MA 6 Beds \| 2 Baths \| 1970 Sq. Ft.	$440,301
38 Merrifield Street, Worcester, MA 6 Beds \| 3 Baths \| 4133 Sq. Ft.	$488,093

Property information provided by MLS PIN when last listed in 2024. This data may not match . Learn more.

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