Two-Family
For Sale
$1,250,000
Pending
90-92 Thorndike St, Arlington, MA 02474
Residential Income, Arlington, MA
Property Size2,404 SF
Lot Size0.09 Acres
Days on Market48
Property Features for 90-92 Thorndike St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Parking
6
Elementary school
Hardy
Middle school
Ottoson
High school
Arlington
Directions
Mass. Ave. to Magnolia St., Left to Herbert Rd, Left to Thorndike St.
Subdivision
East Arlington
Standard status
Pending
APN
318199
Size
2,404 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12408
Amenities
hardwood floors
separate entrances
rear porch
front porch
Building Details
Year built
1916
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Realty
Listed By:
Steve Zeboski
(781) 843-3200
Added: Aug 25
Changed: Oct 7
Last Checked: Oct 11 at 10:06PM
MLS# 73567841
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.
Investment Insights
Based on property information with market context.
This 2,404-square-foot duplex, built in 1916, contains two separate residences with individual entrances and utilities. The first-floor home includes two bedrooms, a full bathroom, living and dining rooms, a kitchen, and a rear porch. Upstairs, the second residence offers two bedrooms, a full bathroom, an office or den, an open living, dining, and kitchen arrangement, and both front and rear porches. Hardwood flooring is present in both units, and the property has been freshly painted. Heating is provided by gas on the first floor and oil on the second.
The 0.0896-acre property includes off-street parking for up to 6 cars in side-by-side spaces. Alewife Station, Thorndike Field, the Minuteman Bikeway, Capitol Square, local shops and restaurants, and the Fox Library are nearby. The property is zoned R2 and is located at 90-92 Thorndike St, Arlington, MA 02474.
The 0.0896-acre property includes off-street parking for up to 6 cars in side-by-side spaces. Alewife Station, Thorndike Field, the Minuteman Bikeway, Capitol Square, local shops and restaurants, and the Fox Library are nearby. The property is zoned R2 and is located at 90-92 Thorndike St, Arlington, MA 02474.
Key Highlights
- Two‑unit duplex with 2,404 square feet of building area
- First‑floor unit has 2 bedrooms, 1 full bath, and a rear porch
- Second‑floor unit includes 2 bedrooms, 1 full bath, an office/den, and front and rear porches
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,869
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,380
$1.0M
Cap Rate 7%
$726,700
$726.7K
Cap Rate 9%
$565,211
$565.2K
Market Conditions
NOI Build-Up for 2,404 SF
Gross rent
$76.4K $31.80/SF
− Vacancy
−$3.8K −$1.57/SF
EGI
$72.7K $30.23/SF
− OpEx
−$21.8K −$9.07/SF
NOI
$50.9K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,380
Cap Rate 7%
$726,700
Cap Rate 9%
$565,211
Alternative Uses
Best Use
Multifamily LT 5
$726.7K
$635.9K – $847.8K
NOI $50,869 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$683.3K
$597.9K – $797.2K
NOI $47,831 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,621 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,296
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained residential income property with distinct living spaces, private entrances, and off-street parking.
Where is this duplex located?
The property is located at 90-92 Thorndike St Arlington, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,404 square feet of building area; First‑floor unit has 2 bedrooms, 1 full bath, and a rear porch; Second‑floor unit includes 2 bedrooms, 1 full bath, an office/den, and front and rear porches
