1 / 31
INVESTMENT SNAPSHOT
About this property
Proud to present 400-412 Neponset Avenue and 10-12 Redfield Street - a rare chance to acquire three adjacent properties totaling 26,000 SF in Dorchester’s Neponset/Port Norfolk neighborhood. The portfolio includes a corner mixed-use building and two triple-deckers with six spacious 3-bed units. Nearly 75% of the residential units have been recently renovated, providing strong in-place income with additional value-add potential. Currently generating $556,000 in NOI. The properties feature dedicated on-site parking - a major asset in this submarket - and benefit from strong in-place income, excellent visibility on a well-traveled corridor, and convenient access to I-93, public transit.
Property details
| Units | 25 |
| Living area | 26,000 sqft |
| Lot size | 8,712 sqft |
| Year built | 1920 |
| Price / sqft | $346 |
| County | Suffolk |
| MLS # | 73503815 |
Listing status
| Days on market | 4 days |
| Listed on | April 18, 2026 |
Taxes & financials
| Annual property tax | $14,400 |
| Tax year | 2025 |
| Assessed value | $2,971,000 |
| Zoning | LC |
| Net operating income (actual) | $556,000/yr |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 78 |
| Lot size | 0.2 acres |
| Garage spaces | 0 |
| Parking spaces | 13 |
| Parking | Paved Drive, Off Street, Leased, Deeded |
| Basement | Unfinished |
| Foundation | Slab |
| Roof | Rubber |
| Construction | Frame, Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public, Individual Meter |
| Utilities | for Gas Range, Washer Hookup |
Location
More about investing in Boston →
Listing courtesy of EVO Real Estate Group, LLC — John Maggio. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 400-412 Neponset Ave, Boston MA 02122 have?
It is a 25-unit multi-family property with 26,000 sqft of living area, built in 1920.
How long has 400-412 Neponset Ave, Boston MA 02122 been on the market?
400-412 Neponset Ave, Boston MA 02122 has been listed for 4 days (since April 18, 2026).
What is the estimated cap rate on this 25-family in Boston?
Based on area median rents, the estimated cap rate is about 7.2%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $8,999,999 across 25 units, that works out to roughly $360,000 per unit.
What are the property taxes on 400-412 Neponset Ave, Boston MA 02122?
Annual property taxes are $14,400 (2025), on an assessed value of $2,971,000.
What is the price per square foot?
At $8,999,999 for 26,000 sqft, that's about $346 per square foot.
Is there parking?
13 total parking spaces (paved drive, off street, leased, deeded).
Where is this property located?
400-412 Neponset Ave, Boston MA 02122 is in Boston, Suffolk County, MA 02122.
Similar multi-families
◆ 39
◆ 27
◆ 33
◆ 36