423 E  Main St, Spencer, MA 01562
Property image
Property image
OFF MARKET

423 E Main St
Spencer, MA 01562

  • 5 Beds
  • 3.5 Baths
  • 5,036 sqft (on 0.87 acres)

$576,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,598/mo*

$576,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,598/mo*
5 Beds
3.5 Baths
5,036 sqft
(on 0.87 acres)

Home Value

Trulia Estimate
$576K
Since last month
Decreased$1K (-0.2%)
Since last year
Increased$14K (+2.4%)
Since last sale
Increased$260K (+82.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +76% in the last 10 years
MonthEstimated value
2026
August 2026$575K
July 2026$576K
June 2026$574K
May 2026$564K
April 2026$576K
March 2026$582K
February 2026$575K
January 2026$560K
2025
2024
2023
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.98
Multi-Family Home
$390,000
09/26/25
5
2
2,056
1.67
Multi-Family Home
$505,000
11/21/25
4
2
2,082
1.83
Multi-Family Home
$400,000
07/10/26
5
2
2,528
1.91
Multi-Family Home
$474,900
12/19/25
7
3
2,983
2.08
Multi-Family Home
$589,000
11/25/25
6
3
3,067
1.81
Multi-Family Home
$475,000
02/20/26
6
3
1,987
2.07
Multi-Family Home
$545,000
11/10/25
4
2
2,172
1.89
Multi-Family Home
$525,000
03/06/26
6
2
2,790
2.29
Multi-Family Home
$480,000
09/24/25
3
2.5
2,750
2.02
Multi-Family Home
$470,000
07/15/26
5
2
2,476

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$413,400
3
1
1,413
Off Market
0.13
-
4
3.5
5,700
Off Market
0.38
$550,300
5
2.5
2,576
Off Market
0.38
-
-
-
-
Off Market
0.39
$355,000
2
1
912
Off Market
0.39
$288,000
2
1
816
Recently Sold
0.59
$460,800
4
2
1,775
Off Market
0.60
$1,790,000
-
-
-
For Sale
0.62
$661,200
4
2.5
2,386
Off Market
0.70
$194,100
2
2.5
3,200
Off Market
0.71
$464,800
4
2
2,000
Off Market
0.73
$455,000
3
1
1,340
Recently Sold

Local Information

  • Map ViewExplore the area around 423 E Main St.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1922
Lot Size
0.87 acres
Living Area
5,036 sqft
Price/Sqft
$114

About this House

Great TURN KEY investment ! Located in a prime area on the Spencer/Leicester line on Route 9. Easy access to all major routes! 2 buildings plus a 3 car detached garage. Separate one bedroom Ranch with it's own driveway and the main building has a 3-4 bedroom apartment plus an office in front. All have been totally renovated and are move in ready condition. The office was an insurance company and has a waiting area, 1/2 bath and a work space with reception counter. Handicap ramp and the office was recently refreshed so it's ready to go. All units have separate utilities. Detached 3 car garage currently used for storage but could be another source of revenue for car/boat storage, etc. Big yard in back! This is a great opportunity for you to run your business and possibly live in one of the rental units or rent all 3! 2 apartments are currently rented by long term tenants who are tenants at will. A solid investment in exceptional condition on Route 9 across from the Country Inn!
423 E Main St, Spencer, MA 01562 is a 5 bedroom, 4 bathroom, 5,036 sqft multi-family built in 1922. It last sold for $315,000 on Dec 1, 2020. It is currently off market. The Trulia Estimate is $576,100, with a rent estimate of $2,367/month.

Home Details for 423 E Main St

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, WoodPatio
Parking & Garage
Parking Spaces: 8

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Multi Family

Interior Features

Appliances & Utilities
DryerRefrigeratorWasher

Community

Units in Building: 3

Lot Information

Lot Area: 0.87 acres

Price and Tax history

DateEventPrice
Dec 1, 2020
Source: N/A
Sold
$315,000
Oct 1, 2020
Source: Agent Provided
Listed For Sale
$325,000
Aug 15, 2020
Source: Agent Provided
ListingRemoved
$325,000
Aug 6, 2020
Source: Agent Provided
Listed For Sale
$325,000

Market trends in Spencer

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
41
1
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Spencer

At least 58 Trulia users voted on each feature.
  • 89 % Say car is needed

  • 86 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 73 % Say it's walkable to grocery stores

  • 72 % Say it's dog friendly

  • 71 % Say yards are well-kept

  • 71 % Say there's wildlife

  • 65 % Say it's walkable to restaurants

  • 64 % Say there are sidewalks

  • 58 % Say kids play outside

  • 57 % Say it's quiet

  • 51 % Say neighbors are friendly

  • 46 % Say people would walk alone at night

  • 42 % Say streets are well-lit

  • 42 % Say they plan to stay for at least 5 years

  • 15 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Amy Laythe
    "I live here for 6 years and never had a problem. Pet friendly, quiet place and not many crimes. Nice neighbors, some parks in the area. "
  • Sean
    "No dog park, but there are many trails located throughout the community. Everyone seems to o ice by the leash law "
  • Joshua Ryder
    "Labor Day weekend is the Spencer fair. Lots of fun. Tons of games and rides. Demolition derby. Tractor pulls. Fruit and vegetable contest. Photo contest. "
  • Stephanie Eliza Najemy
    "Privacy, semi-woodsy & everything you need is close together. Quiet & suburban. Up & coming local businesses as well"
  • Amy Laythe
    "Needs a park for pets and children. The Landscape all around needs to be properly cleaned and well maintain"
  • Tiana M.
    "The Spencer Fair and Art Festival and Yard Sales and Dairy Queen make my neighborhood special and it’s close to city so that’s cool too"
  • Janirys T.
    "Dog friendly and very clean in and around the area. Most days someone is walking their dog around the neighborhood."
  • Laura.robidoux
    "It's a great town/community. They should bring back the town pardes and orgnized Town Pride cleanup teams."
  • Conner S.
    "What make my neighborhood unique is all the beautiful farm land and happy townsfolk. I LOVE my countryside Spencer!"
  • Jessica S.
    "it's very family friendly especially for being so close to Worcester and it is very well maintained "
  • Dtothebrown
    "Only been here 2 years but at least on the side I live on its very safe and friendly. I’ve heard the other side might not be as good. "
  • Nikitenkoranna
    "great access to the city. subways n airport and great schedule, food bank s and other stuff. banks, restaurant access. thanks. "
  • Jennifer S.
    "Spencer is okay some drama but it’s okay. Schools are okay i guess..Lot of drinkers but also lots of kids. good pizza places and mexicali and mcdonald’s and dq and donut shops "

LGBTQ Local Legal Protections

Frequently asked questions about 423 E Main St

  • What is 423 E Main St estimated to be worth?
    Trulia's estimated value for 423 E Main St in Spencer, MA is $576,100.
  • What is the price history for 423 E Main St?
    423 E Main St in Spencer, MA last sold for $315,000 in December 2020.
  • Is Spencer a buyer's or seller's market?
    Spencer is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Spencer?
    Residents describe Spencer, MA as easy to park in, walkable to grocery stores, and dog-friendly. See recently sold homes in Spencer, MA.
  • Does 423 E Main St have laundry facilities?
    Yes, 423 E Main St in Spencer, MA has in-unit laundry.
  • Does 423 E Main St have parking?
    Yes, 423 E Main St in Spencer, MA has on-site parking.

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Off Market Homes Near 423 E Main St

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