5 Lafayette Rd

2,033 Sq. Ft.
$393 / Sq. Ft.
2,033
Sq. Ft.
$393
per Sq. Ft.

Description

Exceptional opportunity to own a well-maintained two-family property offering both flexibility and strong investment potential. This spacious home features over 2,000 square feet of living space across two units, each with thoughtfully designed layouts, hardwood floors, and bright, sun-filled rooms that showcase an abundance of natural lighting throughout. Unit configurations provide comfortable living with generous bedrooms, living and dining areas, and well-equipped kitchens, making it ideal for...Exceptional opportunity to own a well-maintained two-family property offering both flexibility and strong investment potential. This spacious home features over 2,000 square feet of living space across two units, each with thoughtfully designed layouts, hardwood floors, and bright, sun-filled rooms that showcase an abundance of natural lighting throughout. Unit configurations provide comfortable living with generous bedrooms, living and dining areas, and well-equipped kitchens, making it ideal for owner-occupants or investors alike. Additional highlights include off-street parking, and a full basement for laundry and added storage. Perfectly situated a block from the commuter rail and downtown, this property offers unbeatable convenience for daily commuting and area amenities. Whether you're looking to expand your portfolio or settle into a versatile multi-family home, this property delivers on location, functionality, and charm.
  1. Listed by Laura Crowell • J. Barrett & Company

Property Details for 5 Lafayette Road

Town
Ipswich
Area
MA-Ipswich
Garage Spaces
0
Open Parking Spaces
3.00
Parking Spaces Total
3

Open Houses

Saturday, Apr 11th11:00 AM - 12:30 PM
Sunday, Apr 12th11:00 AM - 12:30 PM
LISTING UPDATED: 04/10/2026 03:34 AM

Property Details for 5 Lafayette Road

StatusNew
MLS #73499232
Days on Market1
Taxes$6,602 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1900
CountyEssex County

Location

Listing Courtesy of J. Barrett & Company, Laura Crowell
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Building Information for 5 Lafayette Road

Stories3Residences2Year Built1900Building Size-Lot Size0.08 AC / 3,680 SF

Payment Calculator

$4,574 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,023

Property Taxes

$550

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Lafayette Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, T-Station
  • Living Area: 2033.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Basement Features: Full, Bulkhead, Concrete Floor
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck
  • Lot Description: Level
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck
  • 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: None
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Oil, Baseboard, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Buyers and buyers agents perform due diligence.
Tax Information
  • Tax ID: M:41B B:0210 L:0,1955973
  • Assessments: $592,100
  • Block: 0210
  • Book: 36293
  • Lot: 0
  • Map: 41B
  • Tax Year: 2025
  • Zoning: IR
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 0.0
  • Levels: 3
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $790.00
  • GOI: $61,800.00
  • Insurance: $1,575.00
  • GRE: $5,540
  • NOI: $61,800.00
  • Operating Expense: $5,540.00
  • WSE: $3,175.00
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: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $2,850.00

Property History for 5 Lafayette Road

DateEvent & SourcePriceAppreciation
Apr 9, 2026

Listed (Active)

MLS PIN #73499232

$799,000—
Oct 30, 2017

Sold

MLS PIN #72223576

$391,420—
Sep 13, 2017

Contingent

MLS PIN #72223576

—
Sep 6, 2017

Listed (Active)

MLS PIN #72223576

$374,900—
Jul 27, 2015

Sold

MLS PIN #71736217

$312,000—
Jul 15, 2015

Sold (Public Record)

Public Record #552672932

$312,000—
Apr 3, 2015

Contingent

MLS PIN #71736217

—
Sep 2, 2014

Listed (Active)

MLS PIN #71736217

$349,900—
DateEvent & SourcePrice
04/09/2026

Listed (Active)

MLS PIN #73499232

$799,000
10/30/2017

Sold

MLS PIN #72223576

$391,420
09/13/2017

Contingent

MLS PIN #72223576

—
09/06/2017

Listed (Active)

MLS PIN #72223576

$374,900
07/27/2015

Sold

MLS PIN #71736217

$312,000
07/15/2015

Sold (Public Record)

Public Record #552672932

$312,000
04/03/2015

Contingent

MLS PIN #71736217

—
09/02/2014

Listed (Active)

MLS PIN #71736217

$349,900

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

Public Records for 5 Lafayette Road

Taxable ValueLand$262,400Additions$329,700Total$592,100
Tax Record2025$6,602 ($550 / month)
Home Facts
Baths2Total Finished SqFt2,033 SqFtAbove Grade Finished SqFt2,033 SqFtUnfinished Basement SqFt921 SqFtStories2Lot Size3,680 SqFtStyleDuplexYear Built1900ZoningIRCountyESSEXAPNIPSW M:41B B:0210 L:0

Schools near 5 Lafayette Road

This home is within Ipswich School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Winthrop School
PublicPK to 5

Ipswich Middle School
Public6 to 8

Ipswich High School
Public9 to 12

Paul F Doyon Memorial
PublicPK to 5

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

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5 Lafayette Road is a multi-family home for sale in Ipswich, MA 01938. This property was listed for sale on April 9, 2026 by J. Barrett & Company, it's currently listed at $799,000. It has been on the market for a total of 1 days and was last sold on October 30, 2017. This listing's school district is Ipswich School District. Nearby schools include Winthrop School, Ipswich Middle School and Ipswich High School. 5 Lafayette Road is a 5-bed, 2-bath, 2,033 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 J. Barrett & Company, Laura Crowell

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.