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Two-Family Duplex with Garage
For Sale
$924,900

12 Randall Ave, Weymouth, MA 02189

Both residences provide four bedrooms, two bathrooms, and in-unit laundry hookups.

Property Size2,900 SF
Price / SF$318.93
Days on Market8

Property Features for 12 Randall Ave

General Information

Standard status Active
Size 2,900 SF
Property subtype Multi Family

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Amenities

in-unit laundry hookup
fenced-in yard

Building Details

Building Size 2,900 SF
Year Built 1868
Buildings 1
Listing Agency: RE/MAX Synergy
Listed By: Isabel Fernandes Realty Team
Source: Iverty
Added: Sep 29 Changed: Oct 4 Last Checked: Oct 5 at 6:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Synergy

Investment Insights

Based on property information with market context.

This R-2-zoned duplex contains two residences, each with four bedrooms, two bathrooms, and an in-unit laundry hookup. The first-floor unit has been remodeled with hardwood flooring, granite countertops, and updated finishes. The property also includes a one-car garage, off-street parking for six or more vehicles, and a fenced yard. Built in 1868, the building contains 2,900 square feet.

Located in Weymouth, the property is close to area amenities.

Key Highlights

  • Two units, each with 4 bedrooms and 2 bathrooms
  • First‑floor residence updated with hardwood floors, granite countertops, and modern finishes
  • In‑unit laundry hookups in both units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,949
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,980 $1.0M
Cap Rate 7%
$742,129 $742.1K
Cap Rate 9%
$577,211 $577.2K
Market Conditions
NOI Build-Up for 2,900 SF
Gross rent
$78.3K $27.00/SF
− Vacancy
−$4.1K −$1.41/SF
EGI
$74.2K $25.59/SF
− OpEx
−$22.3K −$7.68/SF
NOI
$51.9K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,980
Cap Rate 7%
$742,129
Cap Rate 9%
$577,211

Alternative Uses

Best Use
Multifamily LT 5
$742.1K
$649.4K – $865.8K (±1% cap)
NOI $51,949 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$684.7K
$599.1K – $798.9K (±1% cap)
NOI $47,931 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,175 @ 7.0% cap · market cap 12.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Pharmacy Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

420
Businesses Nearby

Demographics for 02189, MA

15,123
Population
6,689
Households
2.3
Avg Household Size
41
Median Age
41%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
3,781
Density / Sq Mi
$91,842
Median Household Income
$53,785
Median Earnings
$1,732
Median Rent
$463,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences provide four bedrooms, two bathrooms, and in-unit laundry hookups.
Where is this duplex located?
The property is located at 12 Randall Ave Weymouth, MA.
What is the asking price?
The asking price for this property is $924,900.
What are key features of this property?
This property features: Two units, each with 4 bedrooms and 2 bathrooms; First‑floor residence updated with hardwood floors, granite countertops, and modern finishes; In‑unit laundry hookups in both units
More about this property
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