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Rutland Street Schoolhouse Development Opportunity
For Sale
$7,200,000
Pending

35-43 Rutland St, Boston, MA 02118

Former schoolhouse with development potential in Boston's South End.

Property Size10,100 SF
Lot Size0.18 Acres
Days on Market266

Property Features for 35-43 Rutland St

General Information

Standard status Pending
Size 10,100 SF
Lot size 0.18 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $29,028

Building Details

Building Size 10,100 SF
Year Built 1899
Stories 4
Units 4
Listing Agency: Gibson Sotheby's International Realty
Listed By: Ted Pietras · License #449513646
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 21 at 12:54PM

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 Gibson Sotheby's International Realty

Investment Insights

Based on property information with market context.

The former Rutland Street Schoolhouse, offering development potential, is available for purchase and improvement. The existing building encompasses 10,110 square feet and is situated on a 7,850 square foot lot with R-2 zoning. Ceiling heights are approximately 10 to 11 feet. The property is located in the South End. Architectural formulations for building out the existing building from its current 10,110 square feet include a 11,150 square foot version, a 14,380 square foot version with six units, and a 15,290 square foot version with eight units. Any added square footage and legal residency beyond its existing four-family status would require approval from the City of Boston. The existing structure is a four-family property consisting of approximately 10,000 square feet.

Key Highlights

  • Significant development potential in the South End.
  • Large existing building with approximately 10,110 sq ft.
  • Architect's plans available for potential building expansion (up to 15,290 sq ft).

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Home Appliance Store Mobile Phone Store Plumbing Service HVAC Service

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

Location Intelligence

Trade Area within ½ mile

8,236
Businesses Nearby

Demographics for 02118, MA

29,073
Population
15,554
Households
1.9
Avg Household Size
36
Median Age
58%
College-Educated
87%
High-School Grad
1.1 sq mi
ZIP Area
26,430
Density / Sq Mi
$90,142
Median Household Income
$73,110
Median Earnings
$1,748
Median Rent
$1,029,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Quadplex - Former schoolhouse with development potential in Boston's South End.
Where is this quadplex located?
The property is located at 35-43 Rutland St Boston, MA.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Significant development potential in the South End.; Large existing building with approximately 10,110 sq ft.; Architect's plans available for potential building expansion (up to 15,290 sq ft).
More about this property
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