20-22 Lafayette Rd, Ipswich MA 01938

Ipswich, MA 01938

$1,400,000

Est. $8,047/month

Beds

Baths

2,833

Sq Ft

$494

Price/Sq Ft

0.14

Acres

1930

Year Built

4 Family

Type

15 hours 3 minutes

Time on Market

Active Listed Apr 13, 2026 • MLS# 73500699 Copied!

About this home

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.

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Property Overview

Property Type

4 Family

Listing Type

For Sale

Year Built

1930

Bedrooms

Full Bathrooms

Living Area

2,833 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 4 Family

Year Built 1930

Living Area 2,833 sq ft

Lot Size 0.14 acres

Bedrooms 5

Full Baths 4

Total Rooms 14

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement Full, Unfinished

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Parking

Features Paved Drive, Off Street

Total Spaces 5

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $9,214

Assessed Value $826,400

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: Full, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1930

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Stories: 4

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 5

Parking Features: Paved Drive, Off Street

Location

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Neighborhood

20-22 Lafayette Rd, Ipswich MA 01938

Ipswich, MA 01938

Walkability

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Nearby Schools

School District

Ipswich School District local

A-

✓ School Safety 2024-25

0.9% Low

0.9% Suspensions 0.8% In-School

↓ 4.6% below state avg

Elementary Schools

2 schools

A-

Winthrop School

0.3 mi | #197 of 824 | Score: 55.2

Dropped 158 spots from last year

-3.1 below state avg

373 students Moderate

Strong Attendance

Grades PK-05

Paul F Doyon Memorial School

2.1 mi | #90 of 824 | Score: 59.8

Improved 33 spots from last year

+1.6 above state avg

366 students Moderate

Rising School Strong Attendance

Grades PK-05

Middle Schools

1 school

A-

Ipswich Middle School

0.9 mi | #93 of 352 | Score: 50.4

Improved 8 spots from last year

-7.8 below state avg

377 students Moderate

Strong Attendance

Grades 06-08

High Schools

1 school

A+

Ipswich High School

0.9 mi | #36 of 346 | Score: 69.6

Improved 26 spots from last year

+11.4 above state avg

447 students Moderate

19 sports • 1,184 athletes

Strong AP Program High Graduation Rate Rising School College Ready Curriculum

Grades 09-12

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Property Tax $768

Homeowners Insurance $200

PMI (if <20% down) $0

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Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠

Listed for Sale

Apr 13, 2026

$1,400,000

Original listing

Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Date	Event	Price	Change	$/sqft	Details
04/13/2026	🏠 Listed for Sale	$1,400,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 13, 2026	New Listing Added	$1,400,000	—

Market Statistics

Time on Market

15 hours 3 minutes

Price per Sq Ft

$494

Tax History

Year	Taxes	Assessment
2025	$9,214	$826,400

Financial Details

Annual Property Tax

$9,214

Tax Year 2025

Assessed Value

$826,400

Listing Information

Listing Agent Herrick Lutts Realty Partners

Listing Office Herrick Lutts Realty Partners

Agent MLS ID TM312527

Office MLS ID AN6507

Listing Data Updated Apr 14, 2026 3:30 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Listed for Sale

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20-22 Lafayette Rd, Ipswich MA 01938

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

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Property History

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Listed for Sale

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