48 Gray St

$899,900
Price
5
Beds
2,934 Sq. Ft.
$307 / Sq. Ft.
2,934
Sq. Ft.
$307
per Sq. Ft.

Description

Renovated 3-family in a prime Amherst location near both UMass and Amherst College, ideal for owner-occupants or investors seeking strong rental demand. This 5 bed, 3.5 bath property offers 2,934 sq ft across a flexible layout. The spacious first-floor unit features 3 bedrooms, 1.5 baths, a modern kitchen, bright living spaces, and convenient access to the common laundry room. The second floor includes two updated 1 bed, 1 bath units with remodeled kitchens and baths, excellent natural light, and...Renovated 3-family in a prime Amherst location near both UMass and Amherst College, ideal for owner-occupants or investors seeking strong rental demand. This 5 bed, 3.5 bath property offers 2,934 sq ft across a flexible layout. The spacious first-floor unit features 3 bedrooms, 1.5 baths, a modern kitchen, bright living spaces, and convenient access to the common laundry room. The second floor includes two updated 1 bed, 1 bath units with remodeled kitchens and baths, excellent natural light, and efficient layouts. Beautifully improved throughout with new flooring, contemporary fixtures, and crisp finishes. Sitting on a generous double lot, the property provides ample outdoor space and a classic exterior with stunning covered porches. Separately metered electricity with owner’s panel and hardwired smokes add operating ease. With proximity to downtown Amherst, campus amenities, public transit, and major commuter routes, this turnkey multi-family offers exceptional versatility and value.

Property Details for 48 Gray Street

Town
Amherst
Area
MA-Amherst
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 12/09/2025 08:52 AM

Property Details for 48 Gray Street

StatusActive
MLS #73455345
Days on Market36
Taxes$10,617 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1900
CountyHampshire County

Location

Listing Courtesy of Kempf-Vanderburgh Realty Consultants, Inc., Kempf-Vanderburgh Realty Consultants; Kempf-Vanderburgh Realty Consultants, Inc., Hannah Kennedy
Add your commute

Building Information for 48 Gray Street

Stories3Residences3Year Built1900Building Size-Lot Size0.60 AC / 26,200 SF

Payment Calculator

$5,331 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,447

Property Taxes

$885

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 48 Gray Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2934.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Basement Features: Full, Bulkhead, Concrete Floor
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Varies, Hardwood
  • Interior Features: Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Remodeled, Living Room, Dining Room, Kitchen
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Barn/Stable, Porch - Screened
  • Lot Description: Gentle Sloping
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Screened
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Wall AC, None
  • Cooling: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating: Forced Air, Oil, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller has never lived in the property. Seller has a MA real estate license
Tax Information
  • Tax ID: M:0014B B:0000 L:0017,3009643
  • Assessments: $591,500
  • Book: 15309
  • Tax Year: 2025
  • Zoning: 000
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar, Granite
  • Levels: 3
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 48 Gray Street

DateEvent & SourcePriceAppreciation
Nov 16, 2025

Listed (Active)

MLS PIN #73455345

$899,900
Nov 11, 2024

Canceled

MLS PIN #73296699

$505,000
Oct 28, 2024

Under Agreement

MLS PIN #73296699

Oct 13, 2024

Contingent

MLS PIN #73296699

Oct 1, 2024

Listed (Active)

MLS PIN #73296699

$505,000
Sep 6, 2000

Sold (Public Record)

Public Record #87586451

$260,000
Sep 6, 2000

Sold

MLS PIN #30452831

$260,000
Sep 6, 2000

Canceled

MLS PIN #30411380

$265,000
Jul 7, 2000

Under Agreement

MLS PIN #30452831

Jul 7, 2000

Contingent

MLS PIN #30452831

May 16, 2000

Listed (Active)

MLS PIN #30411380

$285,000
May 15, 2000

Listed (Active)

MLS PIN #30452831

$265,000
DateEvent & SourcePrice
11/16/2025

Listed (Active)

MLS PIN #73455345

$899,900
11/11/2024

Canceled

MLS PIN #73296699

$505,000
10/28/2024

Under Agreement

MLS PIN #73296699

10/13/2024

Contingent

MLS PIN #73296699

10/01/2024

Listed (Active)

MLS PIN #73296699

$505,000
09/06/2000

Sold (Public Record)

Public Record #87586451

$260,000
09/06/2000

Sold

MLS PIN #30452831

$260,000
09/06/2000

Canceled

MLS PIN #30411380

$265,000
07/07/2000

Under Agreement

MLS PIN #30452831

07/07/2000

Contingent

MLS PIN #30452831

05/16/2000

Listed (Active)

MLS PIN #30411380

$285,000
05/15/2000

Listed (Active)

MLS PIN #30452831

$265,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Gray Street

Taxable ValueLand$204,300Additions$387,200Total$591,500
Tax Record2025$10,617 ($885 / month)
Home Facts
Baths3.5Total Finished SqFt2,934 SqFtAbove Grade Finished SqFt2,934 SqFtStories3Lot Size26,200 SqFtStyleTriplexYear Built1900CountyHAMPSHIREAPNAMHE M:0014B B:0000 L:0017

Schools near 48 Gray Street

This home is within Amherst-Pelham School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Wildwood Elementary School
PublicK to 6

Amherst Regional Middle School
Public7 to 8

Amherst Regional High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

48 Gray Street is a multi-family home for sale in Amherst, MA 01002. This property was listed for sale on November 16, 2025 by Kempf-Vanderburgh Realty Consultants, Inc., it's currently listed at $899,900. It has been on the market for a total of 36 days and was last sold on September 6, 2000. This listing's school districts are Amherst School District, Amherst-Pelham School District. Nearby schools include Wildwood Elementary School, Amherst Regional Middle School and Amherst Regional High School. 48 Gray Street is a 5-bed, 4-bath, 2,934 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kempf-Vanderburgh Realty Consultants, Inc., Kempf-Vanderburgh Realty Consultants; Kempf-Vanderburgh Realty Consultants, Inc., Hannah Kennedy

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.