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Investing in Boston Multi-Family Homes

A live snapshot of the Boston, MA multi-family market — 368 active listings.

Active listings368

Median price$1,500,000

Median cap rate4.7%

Avg Signal Score78.5

Median $/unit$512,917

Price range$615,000–$23,000,000

7/10

Boston Market Score — Seller-leaning

$850,000 median · +0.1% YoY · 29 days on market · ~363 sales/mo

Based on the last 6 months of recorded sales vs. the prior year. Updated regularly.

Boston is one of Greater Boston's active multi-family markets, with 368 income properties currently for sale at a median price of $1,500,000 and a median estimated cap rate around 4.7%. Whether you're buying your first two- or three-family or expanding a portfolio, the listings below are each scored for investment potential so you can compare deals at a glance.

Top Boston multi-families

View all 368 →

◆ 99

$1,075,000

223 Washington, Boston MA 02121

3 units 8 bd3 ba2,520 sqft

400-412 Neponset Ave, Boston MA 02122

25 units 40 bd26 ba26,000 sqft

2 Ford St., Boston MA 02128

28 units 39 bd27 ba20,825 sqft

12 Bungalow Rd, Boston MA 02132

3 units 5 bd3 ba2,898 sqft

4 Saxton St, Boston MA 02125

3 units 5 bd3 ba2,430 sqft

252-254 Magnolia St, Boston MA 02121

6 units 17 bd6 ba5,544 sqft

126 Leyden Street, Boston MA 02128

3 units 6 bd1 ba3,000 sqft

15 Mclellan St, Boston MA 02121

3 units 6 bd3 ba4,025 sqft

495 Warren St., Boston MA 02121

3 units 6 bd3 ba3,515 sqft

Cap rate7.7%

Signal Score99

$/unit$316,667

Prices in Boston currently run from $615,000 to $23,000,000, or about $512,917 per unit at the median. Multi-family inventory moves quickly when the numbers work, so save a search to get alerted the moment a new Boston deal hits the market — or open any listing and run your own numbers in the property analyzer.

Boston multi-family — questions & answers

How many multi-family homes are for sale in Boston?

There are currently 368 active multi-family listings in Boston, MA.

What is the median multi-family home price in Boston?

The median list price is about $1,500,000, or roughly $512,917 per unit.

What cap rate do multi-families in Boston offer?

The median estimated cap rate is about 4.7% (based on area median rents; directional only).

Justin Rollo — Broker Associate, Signal Real Estate · MA Lic. #9534264

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.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184

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