Fantastic Two-Family Opportunity in Walpole's Desirable High School District! Whether you're an investor seeking strong rental income, an owner-occupant looking to offset your mortgage, or accommodating extended family, this well-maintained property offers exceptional versatility. Each unit features a living room, eat-in kitchen, two spacious bedrooms, and a full bath. Separate utilities, gas-fired FHW heating, and updated circuit breakers provide added convenience. NEW Roof, New Heating system & hot water tank 1st floor unit, Newer heating system & hot water tank 2nd floor unit. Two washers and two dryers are included. Current tenants-at-will would love to remain, offering immediate income potential. Ideally located within walking distance to Walpole Center, commuter rail, town pool, playground, library, high school athletic fields, tennis courts, and the scenic Walpole Town Forest. Don't miss this rare opportunity to own a multi-family home in a highly sought-after location
| Units | 2 |
| Living area | 1,398 sqft |
| Lot size | 10,890 sqft |
| Year built | 1900 |
| Price / sqft | $497 |
| County | Norfolk |
| MLS # | 73541307 |
| Days on market | 26 days |
| Listed on | June 24, 2026 |
| Annual property tax | $6,878 |
| Tax year | 2026 |
| Assessed value | $536,100 |
| Zoning | GR |
| Gross income (actual) | $44,400/yr |
| Net operating income (actual) | $44,400/yr |
| Total actual rent | $3,900/mo |
| Stories | 2 |
| Total rooms | 8 |
| Lot size | 0.25 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Concrete, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Laminate |
| Heating | Baseboard, Natural Gas |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup |
| Appliances | Range, Refrigerator, Washer, Dryer |
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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 2-unit multi-family property with 1,398 sqft of living area, built in 1900.
261 Stone Street, Walpole MA 02081 has been listed for 26 days (since June 24, 2026).
At a list price of $695,000 across 2 units, that works out to roughly $347,500 per unit.
Annual property taxes are $6,878 (2026), on an assessed value of $536,100.
At $695,000 for 1,398 sqft, that's about $497 per square foot.
4 total parking spaces (paved drive, off street).
261 Stone Street, Walpole MA 02081 is in Walpole, Norfolk County, MA 02081.

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.