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Dorchester Two-Family Brick Building
For Sale
$975,000
Pending

139 Selden St, Boston, MA 02124

Classic two-family in Dorchester with spacious apartments and expansion potential.

Property Size3,082 SF
Days on Market550

Property Features for 139 Selden St

General Information

Standard status Pending
Size 3,082 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $9,237

Building Details

Year Built 1925
Listing Agency: The Firm
Listed By: Thomas O'Neill Jr.
Source: Exitrealty
Added: Apr 19, 2025 Changed: Sep 1 Last Checked: Sep 15 at 5:51AM

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 The Firm

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Investment Insights

Based on property information with market context.

This classic brick two-family building is located in the heart of Dorchester. The fabulously spacious apartments feature excellent natural light and oak flooring throughout, with exceptional detail. Laundry hook-ups are available in both units. The first floor apartment includes a large, welcoming entry hall with space for a home office. The second floor unit, with 6 rooms, is air conditioned and features a granite kitchen with wood cabinets, recessed lighting, and a laundry area. Solar panels are installed to help reduce costs. The property includes a one-car garage with paved tandem parking behind it. Centrally located, the building is close to public transportation, major thoroughfares, shopping, and schools. The exterior features a brick facade, granite steps, and wrought iron fencing. The full basement includes a full bath and offers expansion potential. The property provides easy access to downtown Boston, public transportation, schools, and shopping.

Key Highlights

  • Two spacious apartments with excellent natural light and oak flooring.
  • Air‑conditioned 2nd‑floor unit with granite kitchen, wood cabinets, recessed lighting, and laundry area.
  • Solar panels for reduced energy costs.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,880
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,557,600 $1.6M
Cap Rate 7%
$1,112,571 $1.1M
Cap Rate 9%
$865,333 $865.3K
Market Conditions
NOI Build-Up for 3,082 SF
Gross rent
$116.5K $37.80/SF
− Vacancy
−$5.2K −$1.70/SF
EGI
$111.3K $36.10/SF
− OpEx
−$33.4K −$10.83/SF
NOI
$77.9K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,557,600
Cap Rate 7%
$1,112,571
Cap Rate 9%
$865,333

Alternative Uses

Best Use
Multifamily LT 5
$1.11M
$973.5K – $1.30M (±1% cap)
NOI $77,880 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$1.03M
$905.0K – $1.21M (±1% cap)
NOI $72,402 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M (±1% cap)
NOI $161,546 @ 7.0% cap · market cap 16.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,042
Businesses Nearby

Demographics for 02124, MA

50,972
Population
21,264
Households
2.4
Avg Household Size
36
Median Age
31%
College-Educated
85%
High-School Grad
3.0 sq mi
ZIP Area
16,991
Density / Sq Mi
$79,168
Median Household Income
$43,483
Median Earnings
$1,783
Median Rent
$607,200
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

Frequently Asked Questions

What type of property is this?
Duplex - Classic two-family in Dorchester with spacious apartments and expansion potential.
Where is this duplex located?
The property is located at 139 Selden St Boston, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two spacious apartments with excellent natural light and oak flooring.; Air‑conditioned 2nd‑floor unit with **granite kitchen, wood cabinets, recessed lighting, and laundry area.**; Solar panels for reduced energy costs.
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