Exceptional redevelopment opportunity in desirable Newton Highlands! Situated on a generous 13,284 Sq Ft lot in an SR2 zoning district, this large multi-family home offers tremendous potential for contractors, builders, investors & developers. Used as a 3 unit multi for many years the existing structure features 8+ BRs, 4 full baths, 10 ft ceilings, & large rooms. Built in 1869, restore, reimagine, or explore redevelopment possibilities in an A++ location! Conveniently located close to village amenities, transportation, parks & major routes, this home is being sold "As Is". Seller makes no representations or warranties regarding the condition, use, zoning, occupancy, permits or development potential of the property. Buyers and buyers agents must perform their own due diligence & verify all information independently. This is a rare opportunity to unlock value in 1 of Newton's most sought after locations.
| Units | 3 |
| Living area | 5,674 sqft |
| Lot size | 13,284 sqft |
| Year built | 1869 |
| Price / sqft | $405 |
| County | Middlesex |
| MLS # | 73561961 |
| Days on market | 0 days |
| Listed on | August 11, 2026 |
| Annual property tax | $25,996 |
| Tax year | 2026 |
| Assessed value | $2,682,600 |
| Zoning | SR2 |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 16 |
| Lot size | 0.3 acres |
| Garage spaces | 2 |
| Parking spaces | 6 |
| Parking | Off Street, Paved |
| Basement | Full, Unfinished |
| Foundation | Stone |
| Roof | Shingle, Slate |
| Construction | Frame |
| Flooring | Vinyl, Carpet, Hardwood |
| Heating | Steam, Oil |
| Cooling | None, Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 3-unit multi-family property with 5,674 sqft of living area, built in 1869.
40 Columbus St, Newton MA 02461 has been listed for 0 days (since August 11, 2026).
At a list price of $2,299,000 across 3 units, that works out to roughly $766,333 per unit.
Annual property taxes are $25,996 (2026), on an assessed value of $2,682,600.
At $2,299,000 for 5,674 sqft, that's about $405 per square foot.
2 garage spaces and 6 total parking spaces (off street, paved).
40 Columbus St, Newton MA 02461 is in Newton, Middlesex County, MA 02461.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.