Pending

Price cut: $100K (5/4)

$1,300,000

20-22 Lafayette Rd, Ipswich, MA 01938

5beds

2,833sqft

Est.: Get pre-qualified

4 Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$459/sqft

$-- HOA

What's special

Updated finishesStainless steel appliancesAmple off-street parking

Well-located four-family investment property in the heart of Ipswich, offering a desirable unit mix and consistent rental appeal. The property consists of three 1-bedroom units and one 2-bedroom unit, all featuring updated finishes including stainless steel appliances. Ample off-street parking adds to tenant convenience and overall desirability. Positioned just minutes from downtown Ipswich and the MBTA Commuter Rail station, this location provides easy access to local shops, restaurants, and commuter routes. A turnkey opportunity for investors seeking stable income with long-term upside in a strong North Shore market.

51 days

207

7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 4

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,833
Total interior livable area: 2,833 sqft
Finished area above ground: 2,833

Property

Parking

Total spaces: 5
Parking features: Paved Drive, Off Street
Uncovered spaces: 5

Lot

Size: 6,047 Square Feet

Details

Parcel number: M:41B B:0194 L:0,1955956
Zoning: IR

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, T-Station

Location

Region: Ipswich

Financial & listing details

Price per square foot: $459/sqft
Tax assessed value: $826,400
Annual tax amount: $9,214
Date on market: 4/13/2026
Total actual rent: 8670

Estimated market value

Not available

Estimated sales range

Not available

$3,353/mo

Price history

Date	Event	Price
5/25/2026	Pending sale	$1,300,000$459/sqft
Source: MLS PIN #73500699 Report a problem
5/11/2026	Contingent	$1,300,000$459/sqft
Source: MLS PIN #73500699 Report a problem
5/4/2026	Price change	$1,300,000-7.1%$459/sqft
Source: MLS PIN #73500699 Report a problem
4/13/2026	Listed for sale	$1,400,000$494/sqft
Source: MLS PIN #73500699 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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