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Investing in Boston Multi-Family Homes

A live snapshot of the Boston, MA multi-family market — 269 active listings.

Active listings269
Median price$1,599,000
Median cap rate4.9%
Avg Signal Score79.8
Median $/unit$524,500
Price range$425,000–$22,000,000
7/10
Boston Market Score — Seller-leaning
$850,000 median · +0.1% YoY · 29 days on market · ~363 sales/mo
Based on the last 6 months of recorded sales vs. the prior year. Updated regularly.

Boston is one of Greater Boston's active multi-family markets, with 269 income properties currently for sale at a median price of $1,599,000 and a median estimated cap rate around 4.9%. Whether you're buying your first two- or three-family or expanding a portfolio, the listings below are each scored for investment potential so you can compare deals at a glance.

Top Boston multi-families

View all 269 →
9 Sumner Sq, Boston MA 02125
◆ 99
$1,099,000
9 Sumner Sq, Boston MA 02125
3 units 6 bd3 ba3,483 sqft
Cap rate7.0%
Signal Score99
$/unit$366,333
8-12 Leeds St, Boston MA 02127
◆ 99
$2,385,000
8-12 Leeds St, Boston MA 02127
8 units 9 bd9 ba4,770 sqft
Cap rate8.6%
Signal Score99
$/unit$298,125
7 Parkway St, Boston MA 02124
◆ 99
$724,900
7 Parkway St, Boston MA 02124
2 units 6 bd6 ba2,564 sqft
Cap rate7.1%
Signal Score99
$/unit$362,450
970 Saratoga St., Boston MA 02128
◆ 99
$2,399,000
970 Saratoga St., Boston MA 02128
15 units 26 bd20 ba15,542 sqft
Cap rate16.1%
Signal Score99
$/unit$159,933
12 Bungalow Rd, Boston MA 02132
◆ 99
$799,000
12 Bungalow Rd, Boston MA 02132
3 units 5 bd3 ba2,898 sqft
Cap rate9.7%
Signal Score99
$/unit$266,333
130 Talbot Ave, Boston MA 02124
◆ 99
$1,695,000
130 Talbot Ave, Boston MA 02124
6 units 12 bd6 ba5,523 sqft
Cap rate9.1%
Signal Score99
$/unit$282,500
19 South Russell Street, Boston MA 02114
◆ 99
$3,295,000
19 South Russell Street, Boston MA 02114
9 units 4 bd9 ba3,240 sqft
Cap rate7.0%
Signal Score99
$/unit$366,111
87 Gordon Street, Boston MA 02135
◆ 99
$5,900,000
87 Gordon Street, Boston MA 02135
18 units 18 bd18 ba9,405 sqft
Cap rate7.8%
Signal Score99
$/unit$327,778
586 Canterbury Street, Boston MA 02131
◆ 99
$3,050,000
586 Canterbury Street, Boston MA 02131
46 units 0 bd0 ba50,247 sqft
Cap rate38.8%
Signal Score99
$/unit$66,304

Prices in Boston currently run from $425,000 to $22,000,000, or about $524,500 per unit at the median. Multi-family inventory moves quickly when the numbers work, so save a search to get alerted the moment a new Boston deal hits the market — or open any listing and run your own numbers in the property analyzer.

Boston multi-family — questions & answers

How many multi-family homes are for sale in Boston?

There are currently 269 active multi-family listings in Boston, MA.

What is the median multi-family home price in Boston?

The median list price is about $1,599,000, or roughly $524,500 per unit.

What cap rate do multi-families in Boston offer?

The median estimated cap rate is about 4.9% (based on area median rents; directional only).