4 Family - 4 Units Up/Down at 306 Main Street, Wakefield MA 01880
4 Family - 4 Units Up/Down at 306 Main Street, Wakefield MA 01880, photo 2 of 6
4 Family - 4 Units Up/Down at 306 Main Street, Wakefield MA 01880, photo 3 of 6
4 Family - 4 Units Up/Down at 306 Main Street, Wakefield MA 01880, photo 4 of 6
4 Family - 4 Units Up/Down at 306 Main Street, Wakefield MA 01880, photo 5 of 6
4 Family - 4 Units Up/Down at 306 Main Street, Wakefield MA 01880, photo 6 of 6
6 photos

$1,550,000

306 Main Street, Wakefield MA 01880
Wakefield, MA 01880
Listed by Rachel Gallant
Bedrooms
4
Bathrooms
4.5
Living area
3,542 sqft
Year built
1880

About this home

Don’t miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield—combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafés and public transportation just steps away. Lake Quannapowitt is also a short stroll away!

Property details

MLS
MLS Property Information Network
MLS #
73564750
Property type
4 Family - 4 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
65
On market date
August 17, 2026
Stories
5
Total bathrooms
4.5
Garage spaces
N/A
Parking spaces
6
Lot size
0.12 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Walton
0.75 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
216
Student:teacher ratio
15.4:1
District
Wakefield
Middle
Galvin Middle School
0.41 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,061
Student:teacher ratio
11.9:1
District
Wakefield
High
Wakefield Memorial High
1.24 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
846
Student:teacher ratio
11.0:1
District
Wakefield

Walkability

Blended score for Wakefield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

93
Highly walkable
out of 100
EPA National Walkability Index
17.5 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks11
Schools14
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Wakefield, from live MLS data.

On the market 65 days -- 10 fewer days than Wakefield's current average of 75 days.
For reference, the median list price across 173 active listings in Wakefield right now is $639,999.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$9,484/mo
$310,000 down
$1,240,000 loan
Principal & interest$8,043
Property tax (est.)$1,292
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.