3 Family at 8 Colonial Ave, Boston MA 02124
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$999,000

8 Colonial Ave, Boston MA 02124
Boston, MA 02124
Listed by The Avenue
Bedrooms
8
Bathrooms
3
Living area
3,469 sqft
Year built
1895

About this home

Turnkey 3-family in the heart of Codman Square — fully tenanted & cash-flowing from day one! This meticulously renovated triple-decker offers two 3BR units & one 2BR unit generating $8,425/mo in current gross income with a clear path to $9,400/mo at market rents. Over $195,000 in capital improvements including lifetime metal roof, 400-amp electrical upgrade, HVAC mini splits, new kitchens & flooring, updated plumbing & refinished hardwoods. Lead certificates in hand — no delays, no surprises. Ideal for investors seeking strong in-place income or an owner-occupant looking to live affordably while the other units pay the mortgage. Codman Square offers unbeatable convenience — walk to MBTA Commuter Rail (Talbot Ave) with direct access to South Station, surrounded by shops, dining & services with continued neighborhood appreciation. A rare, move-in ready opportunity in one of Boston's most connected and high-upside neighborhoods. Do not disturb tenants.

Highlights

View

Property details

MLS
MLS Property Information Network
MLS #
73513091
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
171
On market date
May 5, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
2
Lot size
0.09 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
Joseph Lee
0.28 mi away · Grades -1-8
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
547
Student:teacher ratio
9.3:1
District
Boston
MiddleCharter
Helen Y. Davis Leadership Academy Charter Public School
1.1 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
138
Student:teacher ratio
6.9:1
District
Helen Y. Davis Leadership Academy Charter Public (District)
High
TechBoston Academy
0.38 mi away · Grades 6-12
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
888
Student:teacher ratio
11.2:1
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).

87
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies6

Market position

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

On the market 171 days -- 47 more days than Boston's current average of 124 days.
For reference, the median list price across 8,974 active listings in Boston right now is $85,000.

Mortgage calculator

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

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Est. monthly payment
$6,166/mo
$199,800 down
$799,200 loan
Principal & interest$5,184
Property tax (est.)$833
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 26, 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.