4 Family - 4 Units Up/Down at 16 Temple Street, Revere
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$1,270,000

16 Temple Street
Revere, MA 02151
Listed by Barbara Peterson
Bedrooms
5
Bathrooms
4
Living area
3,122 sqft
Year built
1900

About this home

A FOUR-UNIT PROPERTY. ONE OWNER FOR 40+ YEARS. MAJOR SYSTEM UPDATES. A PRIME REVERE LOCATION. Welcome to 16 Temple Street, Revere - A Well-Maintained 4-Unit Multi-Family Property that has been owned, cared for and thoughtfully maintained by the same owner for more than 40 years. Investors and owner-occupants should take notice. 16 Temple Street is an opportunity you won't want to overlook. Four-Unit properties represent a unique opportunity in the Revere market, offering the potential to acquire a substantial multifamily asset in one of the area's most convenient locations. 16 Temple Street is now ready for its next owner and its next chapter. The property has benefited from decades of responsible ownership and significant recent system upgrades. Each of the four units has separate utilities, and all residents are tenants-at-will. In 2022, the property received four new gas boilers and four new hot-water heaters. The entire electrical service was updated inside and out in 2021, including installation of separate owner's meter. Additional features include double-glazed tilt-in windows for easy cleaning, vinyl siding, a rubber main roof, an asphalt rear roof, and a walk-out basement. The fenced yard provides additional outdoor space and includes an exterior storage shed. Superb location-Walk to the Revere T Station. Bus service is available on Revere Street, while Revere Beach, Logan International Airport, and Boston are all just minutes away. This convenient location provides residents with easy access to transportation, employment, recreation, and the city. Opportunities to purchase a four-unit property in this location and with this history of ownership are uncommon. Whether you're looking to expand your investment portfolio or secure a multifamily property with strong long-term potential.

Property details

MLS
MLS Property Information Network
MLS #
73570613
Property type
4 Family - 4 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
63
On market date
September 1, 2026
Stories
4
Total bathrooms
4
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.07 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.

Elementary
Paul Revere
0.24 mi away · Grades 0-5
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
464
Student:teacher ratio
11.6:1
District
Revere
Middle
Rumney Marsh Academy
0.42 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
568
Student:teacher ratio
10.5:1
District
Revere
High
Revere High
0.67 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,996
Student:teacher ratio
13.3:1
District
Revere

Walkability

Blended score for Revere'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).

91
Highly walkable
out of 100
EPA National Walkability Index
16.8 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores14
Parks8
Schools19
Transit stops20
Pharmacies2

Market position

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

On the market 63 days -- 36 fewer days than Revere's current average of 99 days.
For reference, the median list price across 441 active listings in Revere right now is $275,000.

Mortgage calculator

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

Adjust tax / insurance estimates
Est. monthly payment
$7,798/mo
$254,000 down
$1,016,000 loan
Principal & interest$6,590
Property tax (est.)$1,058
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated October 1, 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.