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Duplex with Three-Season Porches
For Sale
$1,174,900

40-42 Coleman St, Boston, MA 02125

Residential Income, Boston, MA

Property Size3,470 SF
Lot Size0.11 Acres
Price / SF$338.59
Days on Market92

Property Features for 40-42 Coleman St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 10
Bathrooms 3
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 10, Bedroom 1, Bedroom 9, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 7, Bathroom 3, Bedroom 8, Bedroom 3, Bedroom 2
Parking 2
Directions GPS
Subdivision Dorchester's Uphams Corner
Standard status Active
APN 1301185
Size 3,470 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8332

Amenities

three season porches
back yard
basement

Building Details

Year built 1905
Floors in Building 2
Number of units 2
Listing Agency: Keller Williams Realty
Listed By: Scott Morris
Added: Jul 21 Changed: Oct 20 Last Checked: Oct 20 at 1:06PM
MLS# 73552881

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.

Built in 1905, this 3,470-square-foot duplex contains two units, each with five bedrooms and one-and-a-half bathrooms. Three-season porches, an open basement, off-street parking, and a backyard are among the property’s existing features. The parcel measures 0.1148 acres and is zoned R2.

A community garden is located across the street. The property is at 40-42 Coleman St in Boston.

Key Highlights

  • Two‑unit property with five bedrooms and 1.5 baths in each unit
  • 3,470 square feet on a 0.1148‑acre parcel
  • Three‑season porches and an open basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$87,684
Cap Rate
7.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,753,680 $1.8M
Cap Rate 7%
$1,252,629 $1.3M
Cap Rate 9%
$974,267 $974.3K
Market Conditions
NOI Build-Up for 3,470 SF
Gross rent
$131.2K $37.80/SF
− Vacancy
−$5.9K −$1.70/SF
EGI
$125.3K $36.10/SF
− OpEx
−$37.6K −$10.83/SF
NOI
$87.7K $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%
$1,753,680
Cap Rate 7%
$1,252,629
Cap Rate 9%
$974,267

Alternative Uses

Best Use
Multifamily LT 5
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,684 @ 7.0% cap · market cap 7.46%
Second Best
Apartment 5plus
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,517 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$2.60M
$2.27M – $3.03M (±1% cap)
NOI $181,884 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,019
Businesses Nearby

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
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?
Duplex - Two residential units each offer five bedrooms and one-and-a-half baths.
Where is this duplex located?
The property is located at 40-42 Coleman St Boston, MA.
What is the asking price?
The asking price for this property is $1,174,900.
What are key features of this property?
This property features: Two‑unit property with five bedrooms and 1.5 baths in each unit; 3,470 square feet on a 0.1148‑acre parcel; Three‑season porches and an open basement
More about this property
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