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Two-Family Duplex with Balconies
New
For Sale
$2,679,000

45 Grafton Street, Arlington, MA 02474

Gut-renovated residences feature designer kitchens, private laundry, open layouts, and flexible living spaces.

Property Size4,973 SF
Price / SF$538.71
Days on Market3

Property Features for 45 Grafton Street

General Information

Standard status Active
Size 4,973 SF
Property subtype Commercial

Building Details

Year Built 2026
Tenancy Multi
Listing Agency: Yuan's Team Realty
Listed By: Yuan Li
Source: Ma-cthomes
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 2:28AM

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 Yuan's Team Realty

Investment Insights

Based on property information with market context.

Built in 2026, this two-family duplex includes two residences totaling 4,973 square feet. Unit 1 offers 3 bedrooms, 3 full bathrooms, an office/flex room, and over 2,400 square feet. Unit 2 includes 4 bedrooms, 3 full bathrooms, soaring ceilings, a primary suite, and a top-floor bonus space. Both residences feature open-concept layouts, designer kitchens with quartz countertops and premium stainless steel appliances, spa-inspired bathrooms, wide-plank hardwood floors, custom millwork, private laundry, and front and rear balconies.

The property is located at 45 Grafton Street in Arlington, near Arlington Center, Capitol Square, Alewife, Spy Pond, the Minuteman Bike Path, restaurants, parks, and Cambridge. Condominium documents, certified site plans, and completed and paid condo conversion work are included for a future conversion. The layout also supports owner-occupancy or multigenerational living.

Key Highlights

  • Two‑family duplex with 2 residences totaling 4,973 square feet
  • Unit 1: 3 bedrooms, 3 full bathrooms, office/flex room, and over 2,400 square feet
  • Unit 2: 4 bedrooms, 3 full bathrooms, soaring ceilings, primary suite, and top‑floor bonus space

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $158.1k $31.80
− Vacancy −$7.8k −$1.57
EGI $150.3k $30.23
− OpEx −$45.1k −$9.07
NOI $105.2k $21.16
4,973 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.50M
$1.32M – $1.75M (±1% cap)
NOI $105,230 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,946 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$2.94M
$2.58M – $3.43M (±1% cap)
NOI $206,080 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Food Market Nail Salon Law Firm Pharmacy Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,339
Businesses Nearby

Demographics for 02474, MA

28,551
Population
12,541
Households
2.3
Avg Household Size
40
Median Age
74%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,210
Density / Sq Mi
$139,199
Median Household Income
$80,498
Median Earnings
$2,157
Median Rent
$887,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Gut-renovated residences feature designer kitchens, private laundry, open layouts, and flexible living spaces.
Where is this duplex located?
The property is located at 45 Grafton Street Arlington, MA.
What is the asking price?
The asking price for this property is $2,679,000.
What are key features of this property?
This property features: Two‑family duplex with 2 residences totaling 4,973 square feet; Unit 1: 3 bedrooms, 3 full bathrooms, office/flex room, and over 2,400 square feet; Unit 2: 4 bedrooms, 3 full bathrooms, soaring ceilings, primary suite, and top‑floor bonus space
More about this property
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