Attention Investors or Prospective Owner-Occupants! This fully vacant, remodeled two-family at 31 Clark St in Spencer is ready for immediate occupancy or to be leased to quality tenants. Both units have been updated throughout, offering a truly turnkey investment. Major capital improvements include a 5-year-old roof, 2-year-old siding, 3 new electrical panels & meters, updated plumbing, and two brand-new water heaters (2025)—minimizing near-term expenses. Unit 2 features a desirable 4-bedroom layout, ideal for maximizing rental income or accommodating extended living needs, and is equipped with infrared electric heating. With strong rental potential, modern finishes, and no tenants to manage from day one, this property offers flexibility and value whether you’re building your portfolio or looking to offset your mortgage as an owner-occupant. A must-see opportunity in a convenient Spencer location.
Sold for $525,000
$525,000
31 Clark St, Spencer, MA 01562
6beds
2,790sqft
Multi Family
Built in 1890
-- sqft lot
$527,600 Zestimate®
$188/sqft
$2,434 Estimated rent
Home value
$527,600
$485,000 - $575,000
$2,434/mo
Zestimate® history
Owner options
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$2,434/mo
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$2,434/mo
Rent Zestimate®
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$3,303/mo
Est. payment
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$3,303/mo
Est. payment
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List your homeWhat's special
Modern finishesTwo brand-new water heatersUpdated throughoutInfrared electric heatingUpdated plumbing
Zillow last checked:
Listing updated:
Listed by:
Jim Black Group 774-314-9448,
Real Broker MA, LLC 508-365-3532,
Richard Jenkins 774-243-2110
Bought with:
Marcia Velis
Five Stars Realty LLC
Source: MLS PIN,MLS#: 73464151
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard, Natural Gas, Electric
Cooling
- None
Appliances
- Included: Range, Dishwasher, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Pantry, Storage, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Family Room, Sunroom
- Flooring: Laminate
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,790
- Total interior livable area: 2,790 sqft
- Finished area above ground: 2,790
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Common, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Enclosed
Lot
- Size: 9,611 sqft
- Features: Corner Lot, Cleared, Level
Details
- Additional structures: Shed(s)
- Parcel number: M:00U07 B:00167 L:00000,1692662
- Zoning: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Shopping, Park, House of Worship
Location
- Region: Spencer
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Sold | $525,000+0%$188/sqft |
Source: MLS PIN #73464151 Report a problem | ||
| 2/2/2026 | Contingent | $524,900$188/sqft |
Source: MLS PIN #73464151 Report a problem | ||
| 1/28/2026 | Price change | $524,900-1.9%$188/sqft |
Source: MLS PIN #73464151 Report a problem | ||
| 1/20/2026 | Price change | $535,000-2.7%$192/sqft |
Source: MLS PIN #73464151 Report a problem | ||
| 12/30/2025 | Listed for sale | $549,900+214.2%$197/sqft |
Source: MLS PIN #73464151 Report a problem | ||
| 7/9/2025 | Sold | $175,000+150%$63/sqft |
Source: Public Record Report a problem | ||
| 7/25/1995 | Sold | $70,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,541 +11.4% | $301,600 +8.5% |
| 2024 | $3,179 +5.1% | $277,900 +10.8% |
| 2023 | $3,025 -0.4% | $250,800 +8.7% |
| 2022 | $3,037 +11.1% | $230,800 +18.5% |
| 2021 | $2,734 +5.2% | $194,700 +5.8% |
| 2020 | $2,599 +6.9% | $184,100 +4.9% |
| 2019 | $2,432 +13.9% | $175,500 +10.2% |
| 2018 | $2,136 -3% | $159,200 +1% |
| 2017 | $2,203 +5.2% | $157,600 +7.5% |
| 2016 | $2,095 -0.2% | $146,600 -4.6% |
| 2015 | $2,100 +4% | $153,600 |
| 2014 | $2,020 -6.5% | $153,600 -9.2% |
| 2013 | $2,161 +3.2% | $169,200 -0.8% |
| 2012 | $2,095 +3.3% | $170,600 -6.9% |
| 2011 | $2,028 +0.3% | $183,200 -11% |
| 2010 | $2,022 -1.9% | $205,900 -12.6% |
| 2009 | $2,061 +12.9% | $235,500 +2.2% |
| 2008 | $1,825 +2.5% | $230,400 |
| 2007 | $1,781 +8.7% | $230,400 +19.3% |
| 2006 | $1,639 +0.4% | $193,100 +2.9% |
| 2005 | $1,633 +14% | $187,700 +10.1% |
| 2004 | $1,432 +9.4% | $170,500 +62.4% |
| 2003 | $1,309 +10.7% | $105,000 |
| 2001 | $1,183 +0.3% | $105,000 +9.6% |
| 2000 | $1,180 +25.4% | $95,800 +12.6% |
| 1997 | $941 | $85,100 |
Find assessor info on the county website
Neighborhood: 01562
Nearby schools
GreatSchools rating
- 4/10Knox Trail Junior High SchoolGrades: 5-8Distance: 0.2 mi
- 3/10David Prouty High SchoolGrades: 9-12Distance: 0.8 mi
- 3/10Wire Village SchoolGrades: K-4Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Wire Village
- Middle: Knox Trail Ms
- High: David Prouty
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$527,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$527,600
- Massachusetts
- Worcester County
- Spencer
- 01562
- 31 Clark St
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