Duplex with Private Outdoor
New
For Sale
$1,295,000
34 Federal Avenue, Quincy, MA 02169
Two separate residences offer multi-level layouts, in-unit laundry, fireplaces, and central air conditioning.
Property Size2,912 SF
Price / SF$444.71
Days on Market6
Property Features for 34 Federal Avenue
General Information
Standard status
Active
Size
2,912 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Amenities
fenced yard
outdoor spaces
parking
fireplace
washer/dryer in unit
brand new kitchens & baths
hardwood floors
central AC
Building Details
Year Built
2026
Buildings
1
Listing Agency:
FRAME Residential
Listed By:
Matthew Petty
(617) 543-3900
Source:
Trufantre
Added: Oct 5
Changed: Oct 10
Last Checked: Oct 9 at 11:15PM
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 FRAME Residential
Investment Insights
Based on property information with market context.
This 2,912-square-foot duplex contains two residences, each arranged across two levels. Unit 1 spans the first floor and basement, with a flexible layout offering either three bedrooms and 2.5 bathrooms or two bedrooms and 2.5 bathrooms plus a second living area. Unit 2 occupies the second and third floors and has three bedrooms and three bathrooms, including a top-floor primary suite. Three bedrooms across the property have en-suite bathrooms. Both units include central AC, fireplaces, in-unit washers and dryers, hardwood flooring, and separate outdoor areas. The kitchens, bathrooms, roof, windows, and building systems have been replaced or renovated. The property is listed with a 2026 year built.
Set on a corner lot with a fenced yard and on-site parking, the property is near Burgin Parkway, I-93, the Red Line at Quincy Adams Station, and Furnace Brook Parkway. Hancock Street and Quincy Center dining and entertainment are also a short distance away.
Set on a corner lot with a fenced yard and on-site parking, the property is near Burgin Parkway, I-93, the Red Line at Quincy Adams Station, and Furnace Brook Parkway. Hancock Street and Quincy Center dining and entertainment are also a short distance away.
Key Highlights
- Duplex totaling 2,912 square feet
- Two residences, each laid out over two levels
- Unit 1 offers a flexible 2- or 3‑bedroom configuration with 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,172
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,440
$983.4K
Cap Rate 7%
$702,457
$702.5K
Cap Rate 9%
$546,356
$546.4K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$75.1K $25.80/SF
− Vacancy
−$4.9K −$1.68/SF
EGI
$70.2K $24.12/SF
− OpEx
−$21.1K −$7.24/SF
NOI
$49.2K $16.89/SF
Area
Quincy, MA
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$983,440
Cap Rate 7%
$702,457
Cap Rate 9%
$546,356
Alternative Uses
Best Use
Multifamily LT 5
$702.5K
$614.7K – $819.5K
NOI $49,172 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$645.2K
$564.6K – $752.8K
NOI $45,165 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,487 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 02169, MA
62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer multi-level layouts, in-unit laundry, fireplaces, and central air conditioning.
Where is this duplex located?
The property is located at 34 Federal Avenue Quincy, MA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Duplex totaling 2,912 square feet; Two residences, each laid out over two levels; Unit 1 offers a flexible 2- or 3‑bedroom configuration with 2.5 bathrooms
