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INVESTMENT SNAPSHOT
About this property
View By appointment anytime. Rare three-family on Blue Hills Parkway in the Milton Public Schools district, between the Neponset bike path and Blue Hills Reservation. Tucker School is right next door; Churchill’s is down the parkway; Mattapan Station, local buses, and highway access are a short hop. Trails and neighborhood parks are out the front door.Three units: first-floor 2-bedroom (currently configured as a 3-bedroom); second-floor 3-bedroom; and a third floor 1-bedroom. The first-floor unit is vacant and opens to a large lower level. Use the lower level as office space,kiddy play-rooms, maybe take up a hobby — or expand the 1st Floor unit into the massive sq footage on the lower level. A giant 1st & ground 2-floor owner’s suite come to mind. (Bonus 3/4 bath & laundry hookup -- already there) Build yourself some wealth. Units 2 and 3 are occupied, so you can live on the first floor, keep the rental income from top 2 apartments, while you figure out what to do with all that space, work on your timeline. Hard to find this much flexibility in Milton this close to the Reservation, highway, schools and public transportation. Units 2 and 3 are market rate tenant occupied. Bespoke showings need a minimum 24-hour notice to accommodate the children's nap schedules. Come through this Saturday, or schedule a private tour. Many possibilities.
Property details
| Units | 3 |
| Living area | 2,860 sqft |
| Lot size | 5,227 sqft |
| Year built | 1910 |
| Price / sqft | $420 |
| County | Norfolk |
| MLS # | 73574773 |
Listing status
| Days on market | 45 days |
| Listed on | September 9, 2026 |
Taxes & financials
| Annual property tax | $10,770 |
| Tax year | 2026 |
| Assessed value | $911,900 |
| Zoning | RC |
| Gross income (actual) | $93,000/yr |
| Net operating income (actual) | $93,000/yr |
| Total actual rent | $7,600/mo |
Building & lot
| Stories | 4 |
| Total rooms | 20 |
| Lot size | 0.12 acres |
| Garage spaces | 0 |
| Parking spaces | 6 |
| Parking | Off Street, Tandem, Common |
| Basement | Full, Finished, Partially Finished, Walk-Out Access, Interior Entry, Concrete |
| Foundation | Stone |
| Roof | Shingle |
| Flooring | Wood, Tile, Carpet, Varies, Laminate, Stone/Ceramic Tile |
Utilities & systems
| Heating | Natural Gas, Electric |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Gas Oven, for Gas Dryer, Washer Hookup, Varies per Unit |
| Appliances | Range, Refrigerator |
Location
More about investing in Milton →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 197 Blue Hills Pkwy, Milton MA 02186 have?
It is a 3-unit multi-family property with 2,860 sqft of living area, built in 1910.
How long has 197 Blue Hills Pkwy, Milton MA 02186 been on the market?
197 Blue Hills Pkwy, Milton MA 02186 has been listed for 45 days (since September 9, 2026).
What is the price per unit?
At a list price of $1,200,000 across 3 units, that works out to roughly $400,000 per unit.
What are the property taxes on 197 Blue Hills Pkwy, Milton MA 02186?
Annual property taxes are $10,770 (2026), on an assessed value of $911,900.
What is the price per square foot?
At $1,200,000 for 2,860 sqft, that's about $420 per square foot.
Is there parking?
6 total parking spaces (off street, tandem, common).
Where is this property located?
197 Blue Hills Pkwy, Milton MA 02186 is in Milton, Norfolk County, MA 02186.
