Sold for $1,250,000

$1,250,000

20-22 Lafayette Rd, Ipswich, MA 01938

5beds

2,833sqft

4 Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$441/sqft

$3,353 Estimated rent

Home value

Not available

Estimated sales range

Not available

$3,353/mo

Zestimate^® history

Owner options

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$3,353/mo

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$3,353/mo

Rent Zestimate^®

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$7,767/mo

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$7,767/mo

Est. payment

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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.

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 sqft

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 & neighborhood

Community

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

Location

Region: Ipswich

HOA & financial

Other financial information

Total actual rent: 8670

Price history

Date	Event	Price
6/23/2026	Sold	$1,250,000-3.8%$441/sqft
Source: MLS PIN #73500699 Report a problem
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