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Four-Unit Multifamily with Finished Lower Level
For Sale
$1,650,000

14 Everton St, Boston, MA 02121

Four-unit multifamily with 14 bedrooms and in-unit laundry, including a finished lower-level apartment.

Property Size5,135 SF
Price / SF$321.32
Days on Market140

Property Features for 14 Everton St

General Information

Standard status Active
Size 5,135 SF
Property subtype Multi-Family
Zoning R3
Net Operating Income $180,700

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $15,529

Building Details

Building Size 5,135 SF
Year Built 1905
Stories 4
Listing Agency: Stony Brook & Lennox Realty Advisors
Listed By: Markese Daise · License #9574297
Source: Churchillprop
Added: Jun 4 Changed: Oct 6 Last Checked: Oct 20 at 5:28PM

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 Stony Brook & Lennox Realty Advisors

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Investment Insights

Based on property information with market context.

This four-unit multifamily property provides 14 bedrooms and 5 bathrooms across four expansive units, including a complete finished apartment in the lower level. Interiors feature hardwood floors and in-unit laundry, and the property includes updated systems. The overall setup offers tenants separate residences within the building while retaining flexibility through its four distinct units.

Located on Everton Street in Boston’s Dorchester neighborhood, the property is positioned near public transportation and within reach of neighborhood restaurants and shopping. The location also provides easy access to Downtown Boston.

For prospective buyers, the combination of four units plus a finished lower-level apartment supports a scaled income profile, with the unit mix designed around comfortable, modern layouts.

Key Highlights

  • 1905 Dorchester, MA four‑unit multifamily with 14 bedrooms and 5 bathrooms
  • Lower level includes a complete finished apartment as part of the four units
  • Each residence features hardwood floors and in‑unit laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$129,758
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,595,160 $2.6M
Cap Rate 7%
$1,853,686 $1.9M
Cap Rate 9%
$1,441,756 $1.4M
Market Conditions
NOI Build-Up for 5,135 SF
Gross rent
$194.1K $37.80/SF
− Vacancy
−$8.7K −$1.70/SF
EGI
$185.4K $36.10/SF
− OpEx
−$55.6K −$10.83/SF
NOI
$129.8K $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%
$2,595,160
Cap Rate 7%
$1,853,686
Cap Rate 9%
$1,441,756

Alternative Uses

Best Use
Multifamily LT 5
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,758 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,632 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$3.85M
$3.36M – $4.49M (±1% cap)
NOI $269,156 @ 7.0% cap · market cap 16.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,689
Businesses Nearby

Demographics for 02121, MA

28,766
Population
11,384
Households
2.5
Avg Household Size
33
Median Age
21%
College-Educated
75%
High-School Grad
1.9 sq mi
ZIP Area
15,140
Density / Sq Mi
$38,565
Median Household Income
$33,700
Median Earnings
$1,316
Median Rent
$548,100
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?
Quadplex - Four-unit multifamily with 14 bedrooms and in-unit laundry, including a finished lower-level apartment.
Where is this quadplex located?
The property is located at 14 Everton St Boston, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 1905 Dorchester, MA four‑unit multifamily with 14 bedrooms and 5 bathrooms; Lower level includes a complete finished apartment as part of the four units; Each residence features hardwood floors and in‑unit laundry
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