Multi-Family Investment Properties for Sale in Emerging Neighborhoods in Boston

Scroll down to browse multi-family investment properties in Boston's emerging neighborhoods below. Contact us to schedule a showing or if you have any questions. 

Search Smarter - Create an account to save your favorite investment properties for sale in Boston and to receive email notifications when similar listings become available. 

3 Hartley Terrace Boston MA 02134

MLS Number 72553466

  • Multi-Family 2 Family
  • Year Built 1920
  • Bedrooms 3

Location Location. Steps to BU. 1st floor vacant. 2nd tenant moving out. Can be sold vacant. Make offers contingent on seeing units.Accepting offers as they come. 2 Newer boilers.High ceilings. 1 finished room in basement. Could be made into townhouse style.

Listed by David J. Miller of Boston Development Corporation

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

38 Cherokee Street Boston MA 02120

MLS Number 72553803

  • Multi-Family 3 Family
  • Year Built 1900
  • Bedrooms 12

Incredible opportunity to own an oversized three family on Mission Hill! Well maintained building with a great cash flow history. Ideal location with easy access to Longwood Medical Center, NE Baptist Hospital, Museum of Fine Arts, Brigham Circle, Green Line, Orange Line, Roxbury Crossing, Southwest Corridor and many Universities including Mass Art, Wentworth, Roxbury Community, Northeastern and Mass Pharmacy. Two blocks from Fitzgerald Park and McLaughlin Playground. Beautiful side street sitting on a level lot. This location continuously has a high rental demand. Currently fully rented with the CAP rate around 6%. Communal laundry in the basement. Walk up attic space provides for a potential expansion for increased future rents. This is the one to start or expand your portfolio with. Put your money to work!

Listed by The Residential Group and Michael Dorion of William Raveis R.E. & Home Services

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

10 Thurlow Street Boston MA 02132

MLS Number 72553961

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1930
  • Bedrooms 3

Great investment! Charming Bungalow style two family home is located on a quiet side street off of LaGrange St. This house is ideally located in close proximity to all the amenities West Roxbury has to offer! Walk to bus, commuter rail station, restaurants, shops etc. Gleaming hardwood floors, new paint in unit 1, vinyl replacement windows throughout. Unit 2 on second floor has 1 bedroom. Separate heat / hot water systems. One boiler approximately 20 years old, second unit 2 years old. One car garage under, paved drive for 2 - 3 cars. Priced to sell ! Don't miss this one!! Single family converted to a two family. Home has been in the same family since built.

Listed by Joseph Regan and Diana Bradley of Vogt Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

30 Hazelwood Street Boston MA 02119

Price$1,225,000

Est. Mortgage: $/month

Open House

MLS Number 72552937

  • Multi-Family 3 Family - 3 Units Up/Down
  • Next Open House: Sat 24th 11:30 am - 1:00 pm
  • Year Built 2007
  • Bedrooms 9

A Prime location, convenient to Longwood, Fenway, Back Bay, and Midtown Areas. Great investment opportunity for completely renovated 3-family with new kitchens, bathrooms, and hardwood floors. These units are conducive to the modern-day living demands. With its impeccable designed open layouts and well-appointed finishes makes these one of the best deals in the city today. Amenities include brand new kitchen, stainless steel appliances, quartz countertops, completely redone bathroom, central air, and brand new oak hardwood floors throughout. Great rental opportunity.

Listed by Chris Kostopoulos Group of Keller Williams Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

94 Bragdon Street Boston MA 02119

Price$1,250,000

Est. Mortgage: $/month

MLS Number 72551666

  • Multi-Family 3 Family
  • Year Built 1890
  • Bedrooms 9

ATTACHED BRICK ROXBURY 3 FAMILY, RENOVATED IN 2015, DE-LEADED AND FULLY LEASED THROUGH 8/31/2020. Solid brick building offering (3) 3 bedroom units each having 1 bath complete with spacious layout, renovated kitchens and modern baths. Gleaming oak hardwood floors throughout, beautiful recessed lighting, granite kitchens and ss appliances for all units. Central A/C throughout, rear decks for each unit and laundry in basement. Unit 2 and 3 have bonus office space or walk in closet! Prime location on Jamaica Plain, easy access to Jackson Square MBTA Station and major transportation routes. Increased rents for 9/1! Do not miss!

Listed by Nicholas Spagnola of Spagnola Real Estate & Consulting, Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

140 Harrishof Street Boston MA 02121

MLS Number 72551660

  • Multi-Family 3 Family
  • Year Built 1899
  • Bedrooms 6

Unique and beautiful 3 family located on Dorchester/Roxbury Line with 4th unit approved in lower level! This property offers investors solid cash flow with room for big upside and potential value add. Floors plans are attached. The existing units each offer 4 rooms, 2 beds and 1 bath with unit 3 having an extra half bath. The property has been well cared for over the years and was renovated again in 2018! Units offers spacious living area and bedrooms, gleaming hardwood floors throughout with some carpeting and new kitchens with granite counters, ss. appliances and in unit washer and dryer. Bathrooms are all modern with stylish finishes. Sunlight is abundant throughout. 4th unit approved for 3 beds and 2 baths! Basement has tall ceiling height and is above grade with abundant sunlight. All utilities separate. 2 car garage parking with rooms for 2-3 more cars in driveway. Easy access to Stony Brook T, Jackson Square and Dudley Square.

Listed by Nicholas Spagnola of Spagnola Real Estate & Consulting, Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

8 Buckley Avenue Boston MA 02130

MLS Number 72551673

  • Multi-Family 3 Family
  • Year Built 1900
  • Bedrooms 9

BEAUTIFUL JAMAICA PLAIN 3 FAMILY, RENOVATED AND RENTED! Prime location off Centre Street featuring (3) 3 bed 1 bath units complete with beautiful oak hardwood floors throughout, open kitchen/living rooms with granite counters, ss appliances, crown molding and recessed lighting throughout! All utilities are separated, coin-op laundry in basement, easy access to Whole Foods, Jackson Square, Orange Line T and downtown Boston. Big rents with major upside potential. Do not miss.

Listed by Nicholas Spagnola of Spagnola Real Estate & Consulting, Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

9-11 Woodside Avenue Boston MA 02130

MLS Number 72551669

  • Multi-Family 3 Family
  • Year Built 1900
  • Bedrooms 12

Large Jamaica Plain 3 Family, fully leased and totally renovated throughout. Turnkey investment opportunity in prime location off of Washington Street. Each unit offers gleaming oak hard wood floors, recessed lighting, beautiful crown molding and trim work, granite kitchens, ss appliances, modern baths and in unit washer/dryers. The property is sprinklered throughout, 3 tandem parking for unit 1 and large common backyard. Central A/C, tankless water heaters, updated plumbing, electric and new windows throughout. Gross annual rent is $133,740 with room for more upside. Easy access to green line T and orange line. Do not miss.

Listed by Nicholas Spagnola of Spagnola Real Estate & Consulting, Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

24-26 Adair Boston MA 02135

Price$1,100,000

Est. Mortgage: $/month

Open House

MLS Number 72551771

  • Multi-Family 2 Family - 2 Units Up/Down
  • Next Open House: Sun 25th 12:00 pm - 2:00 pm
  • Year Built 1920
  • Bedrooms 6

Three-bedroom units on a dead-end street.Updated kitchens, S/S appliances, granite counters. Newer baths gutted in 2015 with Stone floors, updated large closets. Walk-up unfinished attic with Architectural drawings to expand. Enclosed porch with the 2nd-floor unit.Tandem parking for 4 cars. Front and rear decks were replaced and siding redone on the front and side of the house, 6ft. fenced backyard. Electrical updated in 2015, laundry in basement. Many updates were done to both units. Property is also for sale as two condominiums. See MLS 72546198 and 72546206. Dog park at the end of the street. Steps to Oak Square, YMCA, Stores, and restaurants. The bus line to Downtown Boston, Harvard Square, and Kenmore. Pack your bags and move right in.

Listed by Norman O'Grady of Prime Realty Group, Inc.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

30 Pompeii Street Boston MA 02119
Open House

MLS Number 72551374

  • Multi-Family 3 Family
  • Next Open House: Sat 24th 11:00 am - 12:00 pm
  • Year Built 1910
  • Bedrooms 3

Roxbury Brownstone located off Massachusetts Ave and on the South End / Roxbury line. It features three 1 bed 1 bath units with private porches and parking in the rear. With a shortage of 1 bedroom apartments in the city of Boston, this property presents a great opportunity to purchase an investment property that is built to meet the demand. Conveniently located minutes from the South End and 1/2 mile from New Market T Station, this three story brick home needs some updates but will be delivered vacant.

Listed by Nichols Realty Team of Boston Trust Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

21 Rushmore Street Boston MA 02135

MLS Number 72550977

  • Multi-Family 2 Family - 2 Units Up/Down
  • Year Built 1875
  • Bedrooms 6

When opportunity knocks, answer the door! Rarely available opportunity for developers, or homeowners looking for a place to make their own. This circa 1875 farmhouse sits at the top of Rushmore Street on an almost 10,000 square foot corner lot with 56 feet of street frontage on the front, and 131 feet of street frontage on the side. Across the street is bucolic Foster Street Hill. Renovate this historic farmhouse into a single, or two family home with a huge level yard and off-street parking. Or, convert to condominiums. The current owner is in the process of going through zoning to allow for a 3 unit condo development. Walk down the hill to the T on Commonwealth Avenue or take one of several bus lines at Brighton Center with routes to Cambridge and downtown Boston. St. Elizabeth's Hospital is just a short distance away, and Copley Square only 5 miles away. Please see showing instructions and attached offer instructions, lead paint form, photographs, plans, drawings, and survey.

Listed by O'Connor & Highland and John O Connor of Keller Williams Realty Boston-Metro | Back Bay

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

132 Holton Street Boston MA 02135

Price$2,177,000

Est. Mortgage: $/month

MLS Number 72552724

  • Multi-Family 3 Family - 3 Units Up/Down
  • Year Built 2019
  • Bedrooms 8

LOCATION! MINUTES TO HARVARD EXPANSION AREA AND BOSTON LANDING! OVER 5% CAP! Great investment potential with this 2019 new construction 3 unit Muti-family in the heart of a rapidly growing neighborhood. Turn key, high level finishes with modern engineer handwork throughout, quartz countertop and Bosch appliances. Unit 1 features 4 bedroom (which can be used as a 5 bedroom) duplex with 3 full bathroom. Unit 2 features 2 bedroom (which can be used as a 3 bedroom) with 2 full bathroom. Unit 3 features an open layout with skylight with 2 bedrooms plus office and 2 full bathroom. 4 Parking spaces (more if tandem) in the back. Laundry in each unit. All separated utilities.To be delivered in September 2019. Each unit can be sold separately as condos as well.

Listed by Nuage Group and Christie Xie of Keller Williams Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

6 Deering Road Boston MA 02126

Price$850,000

Est. Mortgage: $/month

MLS Number 72551274

  • Multi-Family 3 Family - 3 Units Up/Down
  • Year Built 1900
  • Bedrooms 9

***GROUP SHOWING***Investors beware and Owner occcupants!!! This lovely spacious de-leaded three family property awaits. It boasts younger roof, hot water heaters recently replaced, most newer windows, updated kitchen cabinets/countertops...most hardwood floors.... This one will not last so bring your pre-approved buyers...Sold as is.... Convenient to public transportation.

Listed by Carolyn Humphrey of Treon Realty Group

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

5223 Washington Street Boston MA 02132
Open House

MLS Number 72551177

  • Multi-Family 2 Family
  • Next Open House: Sun 25th 11:30 am - 12:30 pm
  • Year Built 1920
  • Bedrooms 6

Incredible & huge 2 family home in a private location in West Roxbury! A great property w over 3000 sq ft of living space & an additional 3900 sq ft lot for expansion or potentially buildable lot. This well maintained multi family has many recent updates. BIG & immaculate basement area w bathroom has potential for additional space for work space, workout room etc. New Laundry set ups for both units. State of the Art Security and Camera Monitoring System throughout entire property ( see firm remarks for details) Hardwood flooring, kitchens ,stained glass, dining rooms with built-in cabinetry. Updated heating systems and electrical. The 3rd Floors offers a massive 1500 sq ft unfinished space with 20' ceilings just waiting for a Master Suite or additional living space! Front & back porches with great views of the Blue Hills. Large side yard w plenty of parking! Too much to list here, this is a must see! Steps to bus routes & Grove St. Set GPS to 78 Overlook Rd to navigate to property

Listed by John O'Toole of Olde Towne Real Estate Co.

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

5 Greenheys Street Boston MA 02121

MLS Number 72550574

  • Multi-Family 2 Family
  • Year Built 1900
  • Bedrooms 5

Wow! Best priced two family in Dorchester- excellent owner occupant opportunity. Enjoy many upgrades and improvements with still some room to add some of your own. Generous foyer entrances, gleaming hardwood floors, sunny & bright, brand new kitchens and baths, new appliances, new electric, new heating systems, new hot water tanks, 1 year old roof, updated and obtain Letters of Lead Compliance. And best of all there is 2 car under garage. Units can be delivered empty or one unit rented- buyer's choice.

Listed by James Harrison of Boston Bayside Properties, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

26 Fernboro Street Boston MA 02121
Open House

MLS Number 72550226

  • Multi-Family 3 Family
  • Next Open House: Sun 25th 1:30 pm - 2:30 pm
  • Year Built 1900
  • Bedrooms 11

THIS is an INVESTABLE, TURNKEY business opportunity for those seeking sizable year-over-year rental income based on solid historical performance. Classic Boston triple-decker with 18 rooms / 11 bedrooms and DE-LEADED. Granite counter top, stainless steel appliances and central AC in each unit. Don't miss it! Indicative of city convenience, 26 Fernboro is near multiple K-12 schools, public parks and libraries, shopping, and other amenities within a half-mile. Serviced by the MBTA buses and connected to subways. One of the great investment opportunity .

Listed by Sam W P. Tse of Songwoods Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

41 Mount Vernon Street Boston MA 02129

MLS Number 72550517

  • Multi-Family 3 Family
  • Year Built 1860
  • Bedrooms 5

Remarkable piece of quintessential Boston, this red brick three family on Breeds Hill seconds from Bunker Hill Monument and The U.S.S. Constitution, with views from the roof that put all of downtown Boston on display from the head of the Charles & Zakim bridge to the Constitution and Boston skyline in all its glory. Inside, soaring ceilings and historic detail ready for restoration or transformative vision. Built just a few years after the Bunker Hill Monument was erected, this type of rare opportunity is primed for a buyer looking for a downtown address that blends history with their own revolutionary imagination.

Listed by Joshua Finet of Century 21 Seaport

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

5 Wise Street Boston MA 02130

Price$4,995,000

Est. Mortgage: $/month

MLS Number 72549798

  • Multi-Family 5-9 Family
  • Year Built 1935
  • Bedrooms 16

Excellent opportunity for a buy-and-hold investment in ideal location. 8 units in 3 newly renovated buildings in the heart of Jamaica Plain's popular Jackson Square. One block from the Jackson Square T stop and Southwest Corridor. Easy access to restaurants, shopping, Stop & Shop, Whole Foods, Longwood Medical Center and Angell Animal Medical Center. Each unit offers brand new kitchens & baths, hardwood floors, and in-unit laundry. Some units feature balconies and roof decks.The building includes 8 parking spaces with possibility to park 10 cars. Highly desirable location for a turn-key investment.

Listed by The Bushari Team Compass, Elad Bushari and Nicole Rosmarin of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

6 Chestnut Avenue Boston MA 02130

MLS Number 72549667

  • Multi-Family 3 Family - 3 Units Up/Down
  • Year Built 1935
  • Bedrooms 5

Excellent opportunity for a buy-and-hold investment in ideal location. Newly renovated 3 unit building in the heart of Jamaica Plain's popular Jackson Square. One block from the Jackson Square T stop and Southwest Corridor. Easy access to restaurants, shopping, Stop & Shop, Whole Foods, Longwood Medical Center and Angell Animal Medical Center. Each unit offers brand new kitchens & baths, hardwood floors, and a balcony. The PH unit also features a roof deck.The building includes 3 parking spaces. Highly desirable location for a turn-key investment.

Listed by The Bushari Team Compass, Elad Bushari and Nicole Rosmarin of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

6-8 Annabel Street Boston MA 02125

MLS Number 72549175

  • Multi-Family 2 Family
  • Year Built 1970

Situated in the Savin Hill/Uphams Corner section of Dorchester sits this large two-parcel offering which is perfect for a large-scale development or mixed-use investment. The two parcels consist of 6-8 Annabel Street & 653 Columbia Road. It is believed these lots together offer an opportunity to develop ~16,000sqft and ~16 units with parking; based off of a minimum 2 FAR approval. Surrounded by recent approvals for luxury developments and a need for moderately priced residential housing makes this a fantastic investment for any buyer. No representations are being made and all information, as well as due diligence, is the responsibility of the prospective buyer. There is a 'Project Offering Package' available upon request.

Listed by Driggin Stivaletta Real Estate and Jeremy Stivaletta of Compass

$
$
%
$/month over payments
Federal 30-year interest rate: 3.6% last updated on Aug 15, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule A VisitAsk A QuestionMore Details

The property listing data and information, or the Images, 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, 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. 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.