Victorian Triplex with Bay
For Sale
$1,050,000
155 Dale Street, Dedham, MA 02026
Three residential units feature spacious layouts, period details, outdoor spaces, and off-street parking.
Property Size3,432 SF
Days on Market145
Property Features for 155 Dale Street
General Information
Standard status
Active
Size
3,432 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$12,625
Building Details
Building Size
3,432 SF
Year Built
1910
Buildings
1
Construction
Victorian
Listing Agency:
Keller Williams Realty
Listed By:
Brian Kenneally · License #9014412
(617) 688-8800
Source:
Jonathanradford
Added: Jun 9
Changed: Oct 25
Last Checked: Oct 30 at 9:35PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
Built in 1910, this 3,432 SF Victorian triplex combines period character with a three-unit residential configuration. The home features a centered entry, front portico, bay windows, high ceilings, and hardwood flooring. Unit 1 includes an eat-in kitchen, living room, formal dining room, two bedrooms, two full baths, laundry hookup, and a three-season porch. Unit 2 offers a comparable layout with two private decks, while the third-floor in-law unit contains an eat-in kitchen, living room, bedroom, and full bath.
The property also includes a large landscaped yard and plentiful off-street parking. Endicott Commuter Rail Station is located nearby, adding a transportation option for residents.
The property also includes a large landscaped yard and plentiful off-street parking. Endicott Commuter Rail Station is located nearby, adding a transportation option for residents.
Key Highlights
- 3,432 SF Victorian triplex built in 1910
- Three residential units with distinct layouts
- Unit 1 includes 2 bedrooms, 2 full baths, laundry hookup, and a three‑season porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,479
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,229,580
$1.2M
Cap Rate 7%
$878,271
$878.3K
Cap Rate 9%
$683,100
$683.1K
Market Conditions
NOI Build-Up for 3,432 SF
Gross rent
$92.7K $27.00/SF
− Vacancy
−$4.8K −$1.41/SF
EGI
$87.8K $25.59/SF
− OpEx
−$26.3K −$7.68/SF
NOI
$61.5K $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%
$1,229,580
Cap Rate 7%
$878,271
Cap Rate 9%
$683,100
Alternative Uses
Best Use
Multifamily LT 5
$878.3K
$768.5K – $1.02M
NOI $61,479 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$810.3K
$709.1K – $945.4K
NOI $56,724 @ 7.0% cap · market cap 5.40%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,221 @ 7.0% cap · market cap 13.54%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
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Business Placement
Demographics for 02026, MA
25,364
Population
10,648
Households
2.4
Avg Household Size
43
Median Age
55%
College-Educated
94%
High-School Grad
10.3 sq mi
ZIP Area
2,463
Density / Sq Mi
$124,375
Median Household Income
$74,594
Median Earnings
$2,058
Median Rent
$630,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units feature spacious layouts, period details, outdoor spaces, and off-street parking.
Where is this triplex located?
The property is located at 155 Dale Street Dedham, MA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 3,432 SF Victorian triplex built in 1910; Three residential units with distinct layouts; Unit 1 includes 2 bedrooms, 2 full baths, laundry hookup, and a three‑season porch
