Updated Two-Unit
For Sale
$1,170,000
48 Farquhar Street, Boston, MA 02131
Renovated kitchens and baths accompany private outdoor areas and in-unit laundry.
Property Size2,548 SF
Price / SF$459.18
Days on Market142
Property Features for 48 Farquhar Street
General Information
Standard status
Active
Size
2,548 SF
Property subtype
Multi-family
Units
Unit Mix
2BR/1BA, 3BR/1BA
Multifamily Units
2
Amenities
private decks
spacious back yard
off-street parking
in-unit laundry
Building Details
Year Built
1910
Listing Agency:
Douglas Elliman Real Estate - Park Plaza
Listed By:
Stephanie Peter · License #9519259
(781) 775-5747
Source:
Inrealtyinc
Added: May 29
Changed: Oct 17
Last Checked: Oct 10 at 1:22AM
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 Douglas Elliman Real Estate - Park Plaza
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Investment Insights
Based on property information with market context.
This two-unit duplex was built in 1910 and has undergone extensive remodeling, including refreshed kitchens and bathrooms, new mini-split heating and cooling systems, in-unit laundry, and substantial exterior work. The first-floor residence contains 2 bedrooms, 1 full bathroom, and a sunroom that can serve as office or play space. Upstairs, the 3-bedroom, 1-bathroom unit also includes a sunroom and access to attic expansion potential. Private decks, a spacious backyard, and off-street parking add to the property’s functional layout.
Located at 48 Farquhar Street in Boston’s Roslindale neighborhood, the duplex is near the Arnold Arboretum and Roslindale Village. The property combines two distinct living spaces with updated systems and separate outdoor areas.
Located at 48 Farquhar Street in Boston’s Roslindale neighborhood, the duplex is near the Arnold Arboretum and Roslindale Village. The property combines two distinct living spaces with updated systems and separate outdoor areas.
Key Highlights
- Two‑unit duplex at 48 Farquhar Street in Boston’s Roslindale neighborhood
- 2,548 property size; built in 1910
- First‑floor unit with 2 bedrooms, 1 full bathroom, and sunroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,386
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,287,720
$1.3M
Cap Rate 7%
$919,800
$919.8K
Cap Rate 9%
$715,400
$715.4K
Market Conditions
NOI Build-Up for 2,548 SF
Gross rent
$96.3K $37.80/SF
− Vacancy
−$4.3K −$1.70/SF
EGI
$92.0K $36.10/SF
− OpEx
−$27.6K −$10.83/SF
NOI
$64.4K $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%
$1,287,720
Cap Rate 7%
$919,800
Cap Rate 9%
$715,400
Alternative Uses
Best Use
Multifamily LT 5
$919.8K
$804.8K – $1.07M
NOI $64,386 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$855.1K
$748.2K – $997.6K
NOI $59,858 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,556 @ 7.0% cap · market cap 11.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,099
Businesses Nearby
Explore this area
Business Placement
Demographics for 02131, MA
30,544
Population
13,264
Households
2.3
Avg Household Size
39
Median Age
52%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
10,909
Density / Sq Mi
$109,237
Median Household Income
$65,268
Median Earnings
$1,999
Median Rent
$634,200
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
Frequently Asked Questions
What type of property is this?
Duplex - Renovated kitchens and baths accompany private outdoor areas and in-unit laundry.
Where is this duplex located?
The property is located at 48 Farquhar Street Boston, MA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Two‑unit duplex at 48 Farquhar Street in Boston’s Roslindale neighborhood; 2,548 property size; built in 1910; First‑floor unit with 2 bedrooms, 1 full bathroom, and sunroom
