Renovated Two-Family
36-38 Coleman St, Boston, MA 02125
For Sale
New
$1,050,000
Residential Income, Boston, MA
Property Size3,198 SF
Lot Size0.11 Acres
Price / SF$328.33
Days on Market4
Property Features for 36-38 Coleman St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Fireplace
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
central AC
in unit laundry
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
RE/MAX On the Charles · RE/MAX International
Listed By:
Gary Rogers · License #9517017
(781) 894-1882
Added: Nov 3
Last Checked: Nov 6 at 11:06PM
MLS# 73598139
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 two-family duplex contains 3,198 square feet on a 0.1148-acre lot. The property was renovated in 2019, including work down to the studs, and has central air conditioning, updated plumbing, and new electrical systems in each unit. Both residences have in-unit laundry. Unit 1 may be delivered vacant.
Built in 1905, the property is zoned R2 and is located on Coleman Street in Boston.
Built in 1905, the property is zoned R2 and is located on Coleman Street in Boston.
Key Highlights
- 3,198‑square‑foot duplex on a 0.1148‑acre lot
- Renovated in 2019, with work down to the studs
- New electrical systems in each unit and updated plumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,811
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,616,220
$1.6M
Cap Rate 7%
$1,154,443
$1.2M
Cap Rate 9%
$897,900
$897.9K
Market Conditions
NOI Build-Up for 3,198 SF
Gross rent
$120.9K $37.80/SF
− Vacancy
−$5.4K −$1.70/SF
EGI
$115.4K $36.10/SF
− OpEx
−$34.6K −$10.83/SF
NOI
$80.8K $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%
$1,616,220
Cap Rate 7%
$1,154,443
Cap Rate 9%
$897,900
Alternative Uses
Best Use
Multifamily LT 5
$1.15M
$1.01M – $1.35M
NOI $80,811 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$1.07M
$939.1K – $1.25M
NOI $75,128 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$2.39M
$2.10M – $2.79M
NOI $167,626 @ 7.0% cap · market cap 15.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,019
Businesses Nearby
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Business Placement
Demographics for 02125, MA
34,926
Population
14,999
Households
2.3
Avg Household Size
32
Median Age
42%
College-Educated
87%
High-School Grad
2.2 sq mi
ZIP Area
15,875
Density / Sq Mi
$71,810
Median Household Income
$52,106
Median Earnings
$1,897
Median Rent
$645,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Boston, MA
Properties on Market for Duplexes in Boston
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include in-unit laundry, with central air conditioning and updated electrical systems.
Where is this duplex located?
The property is located at 36-38 Coleman St Boston, 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: 3,198‑square‑foot duplex on a 0.1148‑acre lot; Renovated in 2019, with work down to the studs; New electrical systems in each unit and updated plumbing
