Duplex with In-Law
For Sale
$409,000
Pending
2 Leominster Rd, Dedham, MA 02026
Residential Income, Dedham, MA
Property Size2,183 SF
Lot Size0.17 Acres
Days on Market4917
Property Features for 2 Leominster Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
res
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking
2
Fireplace
1
Elementary school
Greenlodge
Middle school
Dedham Middle
High school
Dedham High
Directions
Sprague to Durham to Kennsington to Leominster
Standard status
Pending
APN
M:0171 L:0036,74047
Size
2,183 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2013
Tax Annual Amount
4810
Building Details
Year built
1960
Floors in Building
4
Number of units
2
Listing Agency:
Keller Williams Realty
Listed By:
Scott Morris
(508) 238-5000
Added: May 1, 2013
Changed: Sep 12
Last Checked: Oct 16 at 2:06AM
MLS# 71519000
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,183-square-foot duplex was built in 1960 and includes an in-law configuration suited to the property’s two-home layout. Interior features include hardwood flooring, abundant natural light, and a fireplace. The residence also offers multiple bedrooms and bathrooms, supporting flexible household arrangements within the existing configuration.
The property occupies a 0.168-acre corner lot at 2 Leominster Rd in Dedham, Massachusetts. Residential zoning applies, and the location is identified within Norfolk County. The combination of duplex design, in-law accommodations, and established interior features provides a range of residential occupancy possibilities without introducing changes to the existing property description.
The property occupies a 0.168-acre corner lot at 2 Leominster Rd in Dedham, Massachusetts. Residential zoning applies, and the location is identified within Norfolk County. The combination of duplex design, in-law accommodations, and established interior features provides a range of residential occupancy possibilities without introducing changes to the existing property description.
Key Highlights
- Duplex with an in‑law configuration
- 2,183 square feet of property size
- 0.168‑acre corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,081
Cap Rate
8.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,620
$721.6K
Cap Rate 7%
$515,443
$515.4K
Cap Rate 9%
$400,900
$400.9K
Market Conditions
NOI Build-Up for 2,183 SF
Gross rent
$69.4K $31.80/SF
− Vacancy
−$3.8K −$1.75/SF
EGI
$65.6K $30.05/SF
− OpEx
−$29.5K −$13.52/SF
NOI
$36.1K $16.53/SF
Area
Norfolk County, MA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,620
Cap Rate 7%
$515,443
Cap Rate 9%
$400,900
Alternative Uses
Best Use
Multifamily LT 5
$558.6K
$488.8K – $651.8K
NOI $39,105 @ 7.0% cap · market cap 9.56%
Second Best
Apartment 5plus
$515.4K
$451.0K – $601.4K
NOI $36,081 @ 7.0% cap · market cap 8.82%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,463 @ 7.0% cap · market cap 22.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
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?
Duplex - Residentially zoned duplex with hardwood floors, natural light, and a fireplace on a corner lot.
Where is this duplex located?
The property is located at 2 Leominster Rd Dedham, MA.
What is the asking price?
The asking price for this property is $409,000.
What are key features of this property?
This property features: Duplex with an in‑law configuration; 2,183 square feet of property size; 0.168‑acre corner lot
