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$1,200,000

345 Park Ave Worcester, MA 01610

10 beds
6 full
3,296 sqft
0.1 acres
$364 / sqft
Multi-Family

Property details

About 345 Park Ave

This well-located 6-unit property at 345 Park Avenue features a mix of four 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, totaling 3,296 sq ft of living space. Four of the six units have been extensively renovated with granite countertops, new bathrooms, updated flooring, and modern finishes. All units are separately metered for gas heat, hot water, and electricity, with tenants paying their own utilities. The property includes six off-street parking spaces. There is an opportunity to strategically increase rents in a property already boasting a strong rent roll of $10,330 monthly. Ideally positioned on the edge of the Piedmont neighborhood, it’s just a block from the intersection of Park Avenue and Chandler Street and a short walk to Clark University, with WPI located just a mile away. With continued rent growth potential and strong rental demand driven by over 36,000 local students, 345 Park Avenue offers a compelling investment opportunity.

Highlights

Home typeMulti Family
StatusActive
(New)
Size3,296 sqft
Lot size0.11 Acres
Year built1890
ParkingPaved Drive, Off Street
MLS #73410330

Summary

  • Full Bathrooms: 6
  • Total Bedroom Count: 10
  • Parking: Paved Drive, Off Street
  • List Price: $1,200,000
  • Price/SqFt: $364
  • Directions: Use GPS
  • Year Built: 1890
  • Stories: 6
  • Living Area: 3,296 SqFt
  • Lot Size: 0.11 Acres
  • MLS Number: 73410330
  • MLS Name: MLS Property Information Network
  • Office Name: Horvath & Tremblay
  • Office Phone: (781) 776-4000
  • Listing Agent: Ethan Lazar

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/29/2025, 7:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 30, 2022
Home Sold
$900,000
Mar 11, 2022
Home Sold
$730,000

Tax history

YearAssessmentProperty Tax
2024$882,600$-
2023$530,000$-
2022$422,800$-
2021$322,500$-
2020$286,500$-
2019$273,500$-

History based on county public records data.

Nearby schools

3

Woodland Academy

Public District KG-6

0.5 mi

93 Woodland St

5

Chandler Elementary Community

Public District KG-6

0.5 mi

114 Chandler St

4

Jacob Hiatt Magnet

Public Magnet PK-6

0.6 mi

772 Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,117. Most Worcester, MA residents have annual incomes less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

72%
<35k
27%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
28%
Single, with Kids
13%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 345 Park Ave

The listing price of 345 Park Ave property is $1,200,000.

The property 345 Park Ave is a multi located in Worcester, Massachusetts, 01610.

Active Listing: 345 Park Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 345 Park Ave are: Woodland Academy (GreatSchools Rating 3/10), Chandler Elementary Community (GreatSchools Rating 5/10), Jacob Hiatt Magnet (GreatSchools Rating 4/10), Learning First Charter Public School (GreatSchools Rating 3/10), Forest Grove Middle School (GreatSchools Rating 3/10), Worcester East Middle School (GreatSchools Rating 3/10), Claremont Academy (GreatSchools Rating 3/10), Doherty Memorial High School (GreatSchools Rating 3/10), University Pk Campus School (GreatSchools Rating 4/10).

The last sale was on September 30, 2022 for $900,000 (source: MLS/tax record).

The property 345 Park Ave is 3,296 SqFt (source: MLS/tax record).

The year of construction for 345 Park Ave is 1890.

This home is located at 345 Park Ave in Worcester, MA and zip code 01610 in the University Park neighborhood. This 3,296 square foot home, which was built in 1890, sits on a 0.11 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 28, 2025 and is currently priced at $1,200,000.

Over 66 listings were sold over their listed price in June 2025 in Worcester, MA. In the same period over 29 listings were sold below the listed price and 19 listings were sold for the listed price. The number of homes for sale in Worcester, MA increased by 5.1% between May and June 2025. In June 2025 median list price was $455,000 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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