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223 Washington Street, Boston MA 02121

Boston, MA 02121
$1,150,000
$999,000
Est. $6,041/month
8
Beds
3
Baths
2,520
Sq Ft
$396
Price/Sq Ft
0.02
Acres
2022
Year Built
62
Days on Market
Active Price Drop -$151,000 Listed May 4, 2026 • MLS# 73512179 Copied! • Updated Jun 19, 2026

About this home

Rare opportunity to own a well-performing 3-family at 223 Washington St in Dorchester. This property features strong rental income with a 2 bed unit at $2,500 and a 3 bed unit at $3,150, plus a vacant 3 bed—perfect for an owner-occupant or to maximize rents. Each unit offers spacious layouts, great natural light, and functional living space. Ideal for investors seeking immediate cash flow or FHA buyers looking to offset their mortgage with rental income. Conveniently located close to public transportation, shops, and local amenities, with easy access to the T. Don’t miss this versatile income-producing property!

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

2
Price Changes
13.1%
Price Range

Property Timeline

Price Reduced
Jun 15, 2026
$999,000 $76,000 (-7.07%)
From $1,075,000 to $999,000 (-7.1%)
Price Reduced
Jun 4, 2026
$1,075,000 $75,000 (-6.52%)
From $1,150,000 to $1,075,000 (-6.5%)
🏠
Listed for Sale
May 4, 2026
$1,150,000
Original listing
Agent: Niko Stafford Office: Block Realty

Tax History

Year Taxes Assessment
2026 $9,475 $818,200

Financial Details

Annual Property Tax
$9,475
Tax Year 2026
Assessed Value
$818,200

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 2022
Living Area 2,520 sq ft
Lot Size 0.02 acres
Bedrooms 8
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $2,500/mo · Y
Unit 2 Rent $3,150/mo · Y
Total Monthly Rent $5,650/mo
Gross Income $67,800
Net Operating Income $67,800
Cap Rate 6.79%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,475
Assessed Value $818,200
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 46 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
2022
Bedrooms
8
Full Bathrooms
3
Living Area
2,520 sq ft
Total Rooms
14
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 2022
Structure Type:
Exterior Materials: Brick
Roof:
Foundation: Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Parking Features:
School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

3 schools
Holland Elementary
0.3 mi
C-
UP Academy Holland School
0.4 mi | #721 of 824 | Score: 34.1
Improved 98 spots from last year
-24.1 below state avg
641 students Diverse
Rising School
Grades PK-06
C-
Holmes Elementary School
0.4 mi | #710 of 824 | Score: 34.7
Dropped 24 spots from last year
-23.5 below state avg
283 students Diverse
Grades PK-06
M

Middle Schools

3 schools
Dearborn Middle School
0.4 mi
Frederick Pilot Middle
0.5 mi
Mother Caroline Academy
0.5 mi
Grades 05-08
H

High Schools

3 schools
Burke High
0.4 mi
Dorchester Academy
0.8 mi
Comm Acad Sci Health
0.8 mi
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $790
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

223 Washington Street, Boston MA 02121

Boston, MA 02121

Listing Information

Listing Agent Niko Stafford
Listing Office Block Realty
Office Phone 617-505-3324
Agent MLS ID CN222309
Office MLS ID AN7557
Listing Data Updated Jun 19, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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