Residential Income

Belmont, MA Residential Income Properties for Sale

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Two-Unit Residential Income Property
Updated: Jul 14
Two-Unit Residential Income Property

9 Spruce St, Belmont, MA 02478

$1,599,000
2,872 sqft 0.16 AC lot
Two‑family home built in 1915
Each unit features 3 bedrooms and 1 bathroom (total: 6 bedrooms, 2 bathrooms)
Both units include a pantry, in‑unit laundry, and a private enclosed back porch
Hardwood floors and period natural woodwork are found throughout the home
Corner lot setting with separate unit access from different streets
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This listing looks promising.

Here's a quick look at some key insights for

9 Spruce St, Belmont, MA 02478

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Two-Family Home with Corner Access
Updated: Jul 14
Two-Family Home with Corner Access

9 Spruce St, Belmont, MA 02478

$1,599,000
2,872 sqft
Two‑family home built in 1915 with character and timeless architectural details
Each unit has 3 bedrooms with hardwood floors and natural woodwork
Both units include in‑unit laundry and a pantry
Each unit has a private enclosed back porch
Corner lot with separate street access for each unit, creating a more single‑family feel
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Updated Two-Family Duplex
Updated Two-Family Duplex

188 Waverley Street, Belmont, MA 02478

$1,150,000
1,925 sqft

Well-maintained two-family duplex with double-pane windows, updated utilities, and multiple recent exterior and interior improvements.

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Two-Family Residential Income Property
Two-Family Residential Income Property

49-51 Harding Avenue, Belmont, MA 02478

$1,400,000
2,751 sqft

Two-family home with updated kitchens, hardwood floors, a walk-out basement, and multiple garage and off-street parking spaces.

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Two-Family Residential Income Property
Two-Family Residential Income Property

42-44 Choate, Belmont, MA 02478

$1,300,000
3,738 sqft

Two-family home with move-in ready Unit 2, plus additional walk-up and attic space for potential expansion.

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Up/Down Two-Family with Porches
Up/Down Two-Family with Porches

5-7 Pearl Street, Belmont, MA 02478

$1,325,000
2,424 sqft

Well-maintained duplex on a dead-end street with two units, enclosed porches, and off-street parking.

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Two-Unit Residential Income Duplex
Two-Unit Residential Income Duplex

104-106 Payson Rd, Belmont, MA 02478

$1,628,000

Two-family home with spacious units, fireplaces, and a detached two-car garage with off-street parking.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Belmont, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Family Corner Home with Porch
Multi-Family Corner Home with Porch

28 Appleton Street, Watertown, MA 02472

$1,350,000
2,889 sqft

Spacious two-unit multi-family with 13 rooms, multiple bedrooms, and a farmer’s porch on a prominent corner lot.

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Legal Three-Family Residence
Legal Three-Family Residence

204-206 School Street, Watertown, MA 02472

$1,400,000
3,166 sqft

Well-maintained three-unit building with separate heating systems and updated elements including an improved kitchen in Unit 2.

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Two-Family Residential Income Property
Two-Family Residential Income Property

13-15 Columbia St, Watertown, MA 02472

$1,225,000
2,862 sqft

Well-maintained two-family with period details, porches, studies in both units, and updated heating and electrical systems.

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Brick Two-Family Duplex with Garage
Brick Two-Family Duplex with Garage

55-57 York Ave, Watertown, MA 02472

$975,000

Two well-laid-out units feature hardwood floors, a full separate basement, and private rear-yard space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brighton Development Opportunity
Brighton Development Opportunity

11 Faneuil Street, Boston, MA 02135

$4,750,000
0.44 AC lot

Development opportunity for a 42-unit building in Brighton.

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Redevelopment Land in Bank Square
Redevelopment Land in Bank Square

149-151 South St, Waltham, MA 02453

$650,000

Cleared lot in Waltham's Bank Square, ready for redevelopment.

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Auburndale Village VC2-Zoned Land
Auburndale Village VC2-Zoned Land

283 Melrose St, Newton, MA 02466

$8,999,000

Rare opportunity for housing and mixed-use development in Newton.

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Residential Land in Boston, MA
Residential Land in Boston, MA

Vfw Parkway, Boston, MA 02132

$499,999
0.21 AC lot

Undeveloped land with potential for residential development.

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Belmont, MA Residential Income Properties Market Trends and Statistics

Explore 7 residential income properties for sale in Belmont, MA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 16,582 square feet of properties for sale, with an estimated market value of $8,373,000.

Sale prices for residential income properties in Belmont, MA start at $1,150,000, averaging $1,395,500, and reaching up to $1,599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 3
Duplexes 2
Apartment buildings 1

Demographics Overview

Population 27K
Population Growth (5Y) +3.6%
Median Household Income $177,790

High-Yield Neighborhoods for Investment

Identify Belmont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
02478 $1.2M

Taxes & Financing

Tax Rate (average for all types) 1.05%
Property Tax per SF $8.02 per SF
Tax Rate vs County Average 0.71 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Middlesex County

New Delisted

Total CRE Inventory on Market (SF)

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