Duplex with Finished Lower
For Sale
Under Contract
$925,000
52 Highview Street, Norwood, MA 02062
Residential Income, Norwood, MA
Property Size3,015 SF
Lot Size0.44 Acres
Price / SF$306.80
Days on Market39
Property Features for 52 Highview Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
G
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 3
Parking
7
Middle school
Coakley Middle School
High school
Norwood High School
Directions
Washington Street to Upton Avenue to Highview Street, directly across from Coakley Middle School.
Standard status
Active Under Contract
APN
158841
Size
3,015 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7002
Building Details
Year built
1900
Floors in Building
3
Number of units
2
Buildings
1
Listing Agency:
RE/MAX Select Realty · RE/MAX International
Listed By:
Kevin Cleary · License #449530776
(617) 787-9800
Added: Sep 23
Changed: Oct 26
Last Checked: Oct 31 at 2:06AM
MLS# 73581577
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 3,015-square-foot duplex contains two residential units and a finished lower level. The first-floor unit has two bedrooms, an updated kitchen with a granite island, a living room, laundry, and a private porch. The upper unit spans the second and third floors, with an updated kitchen, living room, bedroom with walk-in closet, and porch access. Its third-floor space can serve as a bedroom or office. The finished lower level includes a kitchen, full bathroom, laundry, three-season porch, and walk-out access.
The property occupies 0.4419 acres in Norwood, with a large yard, level driveway, detached garage, and oversized shed. Norwood Central commuter rail station is 1.5 miles away. Built in 1900, the property is zoned G.
The property occupies 0.4419 acres in Norwood, with a large yard, level driveway, detached garage, and oversized shed. Norwood Central commuter rail station is 1.5 miles away. Built in 1900, the property is zoned G.
Key Highlights
- Two residential units in a 3,015‑square‑foot duplex
- 0.4419‑acre lot with a large yard
- Finished lower level with kitchen, full bathroom, laundry, three‑season porch, and walk‑out access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,009
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,080,180
$1.1M
Cap Rate 7%
$771,557
$771.6K
Cap Rate 9%
$600,100
$600.1K
Market Conditions
NOI Build-Up for 3,015 SF
Gross rent
$81.4K $27.00/SF
− Vacancy
−$4.2K −$1.41/SF
EGI
$77.2K $25.59/SF
− OpEx
−$23.1K −$7.68/SF
NOI
$54.0K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,080,180
Cap Rate 7%
$771,557
Cap Rate 9%
$600,100
Alternative Uses
Best Use
Multifamily LT 5
$771.6K
$675.1K – $900.2K
NOI $54,009 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$711.9K
$622.9K – $830.5K
NOI $49,832 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,941 @ 7.0% cap · market cap 13.51%
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
902
Businesses Nearby
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Business Placement
Demographics for 02062, MA
31,611
Population
13,961
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
3,011
Density / Sq Mi
$97,110
Median Household Income
$60,434
Median Earnings
$2,056
Median Rent
$613,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units are complemented by a finished lower level, private porches, a detached garage, and an oversized shed.
Where is this duplex located?
The property is located at 52 Highview Street Norwood, MA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two residential units in a 3,015‑square‑foot duplex; 0.4419‑acre lot with a large yard; Finished lower level with kitchen, full bathroom, laundry, three‑season porch, and walk‑out access
