242 Main St
Gloucester, MA 01930
- 9 Beds
- 6 Baths
- 8,031 sqft (on 0.26 acres)
9 Beds
6 Baths
8,031 sqft
(on 0.26 acres)
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Lot Size
0.26 acres
Living Area
8,031 sqft
Price/Sqft
$227
About this House
242 Main Street, is an 11-unit mixed-use property consisting of 5 street-level retail units with individual store-front entrances on Main Street and 6 residential units set back and above the commercial units. The Property contains 8,031 square feet of leasable area on a 0.26-acre parcel. The Property features an attractive street-level façade, updated units, a shared deck, and a large yard at the rear of the Property with a BBQ area and active community garden that is shared by the residential tenants. Overnight parking for residents is available in the neighboring lot. The Property is well-located on a high-traffic section of Main Street in Downtown Gloucester, just one block from Gloucester's Inner Harbor. The vibrant retail corridor attracts both area residents and tourists visiting the many shops, restaurants and attractions in the area.
242 Main St, Gloucester, MA 01930 is a 9 bedroom, 6 bathroom, 8,031 sqft multi-family built in 1900. It last sold for $1,452,500 on Oct 20, 2020. It is currently off market. The Trulia Estimate is $1,823,600, with a rent estimate of $2,512/month.
Home Details for 242 Main St
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Interior Details BasementAttic |
Heating & Cooling Heating: Other, GasHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 3 |
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Exterior Home Features Roof: AsphaltDeckExterior: Wood, Brick |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 11 |
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Lot Area: 0.26 acres |
Price History for 242 Main St
| Date | Price | Event | Source |
|---|---|---|---|
| 10/20/2020 | $1,452,500 | Sold | N/A |
| 07/20/2020 | $1,450,000 | Listed For Sale | Agent Provided |
| 07/17/2019 | $1,250,000 | Sold | N/A |
| 05/06/2014 | $600,000 | Sold | N/A |
| 09/05/2001 | $245,000 | Sold | N/A |
| 09/21/1994 | $325,000 | Sold | N/A |
| 04/01/1988 | $695,000 | Sold | N/A |
Market trends in Gloucester
Last updated June 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
91
6MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $1,555,200 |
Home facts updated by county records
Comparable Sales for 242 Main St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.46 | Multi-Family Home | $980,000 | 10/17/25 | 9 | 6 | 4,330 | |
0.54 | Multi-Family Home | $1,060,000 | 05/28/26 | 8 | 3 | 3,752 | |
0.45 | Multi-Family Home | $2,550,000 | 08/08/25 | 5 | 5 | 3,678 | |
0.51 | Multi-Family Home | $940,000 | 05/22/26 | 7 | 4 | 3,041 | |
0.42 | Multi-Family Home | $1,100,000 | 11/25/25 | 6 | 4 | 2,790 | |
0.47 | Multi-Family Home | $1,030,000 | 01/09/26 | 6 | 3 | 3,555 | |
0.50 | Multi-Family Home | $850,000 | 05/08/26 | 6 | 3 | 2,596 | |
0.31 | Multi-Family Home | $760,000 | 05/19/26 | 6 | 3 | 2,598 | |
0.35 | Multi-Family Home | $850,000 | 06/18/26 | 6 | 3.5 | 2,078 | |
0.14 | Multi-Family Home | $580,000 | 02/11/26 | 4 | 2 | 2,106 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 242 Main St.
What Locals Say about Gloucester
At least 179 Trulia users voted on each feature.
88 % Say it's dog friendly
82 % Say people would walk alone at night
72 % Say yards are well-kept
72 % Say there's holiday spirit
71 % Say car is needed
68 % Say there are sidewalks
68 % Say there's wildlife
68 % Say parking is easy
65 % Say neighbors are friendly
64 % Say streets are well-lit
62 % Say it's walkable to restaurants
60 % Say they plan to stay for at least 5 years
60 % Say kids play outside
59 % Say it's walkable to grocery stores
52 % Say it's quiet
46 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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