HomeRevereMulti Family38 Warren, Revere MA 02151
38 Warren, Revere MA 02151 — photo 1 of 401 / 40
$879,000
38 Warren, Revere MA 02151
2 units · 5 bd · 2 ba · 2,680 sqft · $439,500/unit
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INVESTMENT SNAPSHOT

Signal Score76 / 100
Est. Cap Rate4.3%
GRM15.3
Gross Scheduled Income$57,602/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Presenting 38 Warren St, a beautifully renovated home nestled in the heart of Revere. This move-in-ready property offers a perfect blend of modern updates and classic charm. Step inside to discover bright, sun-filled living spaces featuring freshly finished hardwood floors and a clean, contemporary design throughout. The semi-open layout in the first-floor flows into a stylish kitchen equipped with updated cabinetry, countertops, and new appliances. The home offers well-proportioned bedrooms, updated finishes, and a thoughtfully designed layout that maximizes space and comfort. Outside, enjoy a private fenced yard providing a great space for relaxing or hosting gatherings. The property’s exterior has been refreshed, offering excellent curb appeal. Located just minutes from public transportation, Revere Beach, local shops, and dining makes it desirable for renters to generate rental income. Second unit is currently rented trough 01/31/2027. First unit is vacant!

Property details

Units2
Living area2,680 sqft
Lot size3,999 sqft
Year built1960
Price / sqft$328
CountySuffolk
MLS #73497151

Listing status

Days on market36 days
Listed onApril 6, 2026

Taxes & financials

Annual property tax$5,954
Tax year2026
Assessed value$656,400
ZoningRB
Gross income (actual)$30,000/yr
Net operating income (actual)$30,000/yr
Total actual rent$2,500/mo

Building & lot

Stories2
Total rooms10
Lot size0.09 acres
Garage spaces0
Parking spaces0
ParkingOn Street
BasementPartially Finished, Walk-Out Access, Concrete
FoundationConcrete Perimeter
RoofShingle
ConstructionFrame
FlooringWood, Tile, Laminate, Hardwood

Utilities & systems

HeatingOil, Electric
CoolingWindow Unit(s)
SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range, for Electric Dryer, Washer Hookup
AppliancesRange, Disposal, Microwave, Refrigerator

Location

More about investing in Revere

Listing courtesy of StartPoint Realty — Ana Sanabria Alvarado. 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 38 Warren, Revere MA 02151 have?

It is a 2-unit multi-family property with 2,680 sqft of living area, built in 1960.

How long has 38 Warren, Revere MA 02151 been on the market?

38 Warren, Revere MA 02151 has been listed for 36 days (since April 6, 2026).

What is the estimated cap rate on this 2-family in Revere?

Based on area median rents, the estimated cap rate is about 4.3%, with a Signal Score of 76/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $879,000 across 2 units, that works out to roughly $439,500 per unit.

What are the property taxes on 38 Warren, Revere MA 02151?

Annual property taxes are $5,954 (2026), on an assessed value of $656,400.

What is the price per square foot?

At $879,000 for 2,680 sqft, that's about $328 per square foot.

Where is this property located?

38 Warren, Revere MA 02151 is in Revere, Suffolk County, MA 02151.

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