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15 Russell St, Worcester MA 01609

Worcester, MA 01609
$869,999
Est. $5,380/month
9
Beds
4
Baths
4,931
Sq Ft
$176
Price/Sq Ft
0.18
Acres
1890
Year Built
21
Days on Market
Active Price Drop -$10,000 Listed May 5, 2026 • MLS# 73512572 Copied!

About this home

Well-maintained 4-family investment property with tenant-at-will agreements in place, giving the next owner flexibility to make future changes as needed. The property sits on a generous lot with potential for improved outdoor use or additional finish work, subject to buyer due diligence and applicable approvals. Unit 2 has a rent increase currently in process, which is expected to improve the overall rent roll. Features include hardwood flooring throughout and gas heating systems. Strong rental property with upside for an investor seeking stable income and future value-add potential.

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Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1890
Bedrooms
9
Full Bathrooms
4
Living Area
4,931 sq ft
Total Rooms
23
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1890
Living Area 4,931 sq ft
Lot Size 0.18 acres
Bedrooms 9
Full Baths 4
Total Rooms 23

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 2
Basement Partially Finished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Paved Drive, Off Street
Total Spaces 6

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,371
Assessed Value $710,500

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Public Transportation, Shopping

Location

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Neighborhood

15 Russell St, Worcester MA 01609

Worcester, MA 01609

Walkability

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Nearby Schools

School District
Worcester School District local
C-
🎓 Where Graduates Go Class of 2021
51% attend college
35% 4-Year 16% 2-Year 4% Out of State 4% Working
School Safety 2024-25
4.1% Above Average
3.3% Suspensions 1.7% In-School 0.8% Emergency
1.4% below state avg
E

Elementary Schools

3 schools
F
Chandler Elementary Community School
0.2 mi | #805 of 824 | Score: 26.6
Dropped 59 spots from last year
-31.6 below state avg
402 students Diverse
Grades K-06
C-
Woodland Academy
0.3 mi | #11 of 12 | Score: 28.5
Improved 726 spots from last year
-29.7 below state avg
482 students Moderate
Rising School
Grades K-06
C-
Jacob Hiatt Magnet School
0.4 mi | #691 of 824 | Score: 36.2
Dropped 136 spots from last year
-22 below state avg
367 students Diverse
Diverse Student Body
Grades PK-06
M

Middle Schools

3 schools
The Nativity School of Worcester
1.3 mi
Grades 05-08
C+
Forest Grove Middle School
1.7 mi | #229 of 352 | Score: 38.3
Improved 91 spots from last year
-19.9 below state avg
839 students Diverse
Rising School Diverse Student Body
Grades 07-08
C-
Worcester East Middle School
1.7 mi | #298 of 352 | Score: 31.5
Improved 55 spots from last year
-26.7 below state avg
731 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B-
Doherty Memorial High School
0.5 mi | #195 of 346 | Score: 51.8
Improved 26 spots from last year
-6.4 below state avg
1,573 students Very Diverse
19 sports • 1,302 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
B+
Claremont Academy
0.6 mi | #9 of 25 | Score: 38.3
Improved 317 spots from last year
-20 below state avg
474 students Moderate
10 sports • 216 athletes
Early College Program Rising School College Ready Curriculum
Grades 07-12
C-
University Park Campus School
1.2 mi | #290 of 346 | Score: 41.4
Dropped 13 spots from last year
-16.8 below state avg
233 students Diverse
Early College Program High Graduation Rate College Ready Curriculum Strong Attendance
Grades 07-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $781
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
1.1%
Price Range

Property Timeline

Price Reduced
May 26, 2026
$869,999 $10,000 (-1.14%)
From $879,999 to $869,999 (-1.1%)
🏠
Listed for Sale
May 5, 2026
$879,999
Original listing
Agent: Olivia Grabka Office: Realty Negotiations, LLC

Price & Status History

Date Event Price Change
May 26, 2026 Price Changed $869,999 -$10,000
May 5, 2026 New Listing Added $879,999

Market Statistics

Days on Market
21 days
Price per Sq Ft
$176
Total Price Drop
-$10,000

Tax History

Year Taxes Assessment
2025 $9,371 $710,500

Financial Details

Annual Property Tax
$9,371
Tax Year 2025
Assessed Value
$710,500

Listing Information

Listing Agent Olivia Grabka
Listing Office Realty Negotiations, LLC
Agent MLS ID CN240157
Office MLS ID AN5614
Listing Data Updated May 26, 2026 9:53 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Worcester, MA

Real-time market trends and pricing data for this area

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