Exceptional investment opportunity in the heart of Dedham! This duplex-style two-family property offers strong income potential with one spacious 3-bedroom unit and one large 4-bedroom unit, currently generating nearly 90K annually. Both units feature major recent upgrades including brand-new high-efficiency mini-split heating & cooling systems, upgraded electrical panels, and newer water heaters. The property has seen approximately 150K in capital improvements in recent years. Both basements are approximately 90% finished, offering an additional 1,100+ sq ft of potential living space with endless possibilities for extra bedrooms, bathrooms, laundry, home offices, studios, or potential additional rental expansion. Conveniently located just a 5-minute walk to Dedham Center, commuter rail, restaurants, shopping, and public transportation, with easy access to highways, Legacy Place, and downtown Boston. A rare opportunity for investors or owner-occupants seeking strong cash flow
| Units | 2 |
| Living area | 2,382 sqft |
| Lot size | 5,320 sqft |
| Year built | 1910 |
| Price / sqft | $441 |
| County | Norfolk |
| MLS # | 73517070 |
| Days on market | 4 days |
| Listed on | May 12, 2026 |
| Annual property tax | $9,870 |
| Tax year | 2025 |
| Assessed value | $782,100 |
| Zoning | R |
| Gross income (actual) | $90,240/yr |
| Net operating income (actual) | $83,640/yr |
| Total actual rent | $7,520/mo |
| Insurance expense | $3,000/yr |
| Stories | 5 |
| Total rooms | 10 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street |
| Basement | Full, Partially Finished, Walk-Out Access, Interior Entry, Unfinished |
| Foundation | Stone |
| Construction | Frame |
| Flooring | Wood, Laminate, Hardwood |
| Heating | Heat Pump, Electric, Ductless |
| Cooling | Multi Units, Ductless, Heat Pump |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Range, Refrigerator |
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Listing courtesy of William Raveis R. E. & Home Services — The Cobi Team. Listing data © MLS PIN.
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It is a 2-unit multi-family property with 2,382 sqft of living area, built in 1910.
427-429 High St, Dedham MA 02026 has been listed for 4 days (since May 12, 2026).
At a list price of $1,050,000 across 2 units, that works out to roughly $525,000 per unit.
Annual property taxes are $9,870 (2025), on an assessed value of $782,100.
At $1,050,000 for 2,382 sqft, that's about $441 per square foot.
4 total parking spaces (off street).
427-429 High St, Dedham MA 02026 is in Dedham, Norfolk County, MA 02026.