5-9 Family at 342-344 Bowdoin Street, Boston MA 02122, Boston
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26 photos

$2,429,000

342-344 Bowdoin Street, Boston MA 02122
Boston, MA 02122
Listed by Daniel Alper
Bedrooms
28
Bathrooms
12
Living area
8,634 sqft
Year built
1900

About this home

Pleased to present 342–344 Bowdoin Street, a six-unit multifamily investment opportunity in the Meeting House Hill neighborhood of Dorchester. Comprising two adjacent three-family buildings totaling 11,800 gross square feet, the property pairs immediate flexibility with in-place income: the seller will deliver four of the six units vacant at closing, allowing a new owner to renovate, reposition, or re-lease at market rents from day one, while the remaining two units are occupied by long-term Section 8 tenants, providing a stable, subsidized income base. The buildings have been exceptionally maintained and upgraded, featuring 2 full bathrooms per unit, central air and mini-split systems, keyless entry, and income-producing common laundry. Rents on the vacant units have been driven by a furnished, extended-stay rental strategy, generating income above a traditional stabilized lease structure — upside a new owner can capture immediately or normalize toward conventional leasing over time. Situated directly on an MBTA bus route just minutes from Fields Corner Station on the Red Line and with quick access to I-93, the property sits within one of Dorchester's most actively traded rental submarkets, walkable to Dorchester Food Co-op, Ronan Park, and a growing retail and dining corridor. With vacant units at closing, an established income stream, and full configuration flexibility, 342–344 Bowdoin Street offers a compelling entry point into Greater Boston's largest and most dynamic neighborhood. The buildings are being offered as a package or individually.

Property details

MLS #
73568258
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
43
On market date
August 26, 2026
Stories
5
Total bathrooms
12
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Mather
0.2 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
493
Student:teacher ratio
10.3:1
District
Boston
Middle
Lilla G. Frederick Middle School
0.54 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
340
Student:teacher ratio
8.1:1
District
Boston
High
Community Academy of Science and Health
0.56 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
331
Student:teacher ratio
9.5:1
District
Boston

Walkability

Blended score for Boston's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies10

Market position

How this listing compares to current activity in Boston, from live MLS data.

On the market 43 days -- 75 fewer days than Boston's current average of 118 days.
For reference, the median list price across 8,536 active listings in Boston right now is $59,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$14,778/mo
$485,800 down
$1,943,200 loan
Principal & interest$12,604
Property tax (est.)$2,024
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.