400-412 Neponset Ave, Boston MA 02122
Boston, MA 02122 • Dorchester
$8,999,999
Est. $46,909/month
About this home
Proud to present 400-412 Neponset Avenue and 10-12 Redfield Street - a rare chance to acquire three adjacent properties totaling 26,000 SF in Dorchester’s Neponset/Port Norfolk neighborhood. The portfolio includes a corner mixed-use building and two triple-deckers with six spacious 3-bed units. Nearly 75% of the residential units have been recently renovated, providing strong in-place income with additional value-add potential. Currently generating $556,000 in NOI. The properties feature dedicated on-site parking - a major asset in this submarket - and benefit from strong in-place income, excellent visibility on a well-traveled corridor, and convenient access to I-93, public transit.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Apr 18, 2026
$8,999,999
Original listing
Office: EVO Real Estate Group, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/18/2026 | 🏠 Listed for Sale | $8,999,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $14,400 | $2,971,000 |
Financial Details
Annual Property Tax
$14,400
Tax Year 2025
Assessed Value
$2,971,000
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1920
Living Area
26,000 sq ft
Lot Size
0.20 acres
Bedrooms
40
Full Baths
26
Total Rooms
78
Investment Metrics
Units
25
Unit 1 Rent
— · Y
Unit 2 Rent
— · Y
Net Operating Income
$556,000
Cap Rate
6.18%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
Washer Hookup
Features
None
Exterior
Construction
Frame, Stone
Architecture
None
Roof
Rubber
Parking
Features
Paved Drive, Off Street, Leased, Deeded
Total Spaces
13
Utilities
Electric
100 Amp Service
Water
Public, Individual Meter
Sewer
Public Sewer
Gas
None
Other
For Gas Range, Washer Hookup
Financial
Annual Tax
$14,400
Assessed Value
$2,971,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Reach Out To Listing Agent
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Owner
Documents
None
County
Suffolk
Total market time (incl. prior listings)
115 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
40
Full Bathrooms
26
Living Area
26,000 sq ft
Total Rooms
78
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
26,000 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Washer Hookup
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Frame, Stone
Roof:
Rubber
Foundation:
Slab
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public, Individual Meter
Sewer:
Public Sewer
Parking & Garage
Total Parking Spaces:
13
Parking Features:
Paved Drive, Off Street, Leased, Deeded
Nearby Schools
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
Elementary Schools
3 schools
Saint John Paul II Academy - Neponset
0.4 mi
Grades PK-08
C-
Kenny Elementary School
0.5 mi
|
#735 of 824
|
Score: 33.3
Dropped 23 spots from last year
-24.9 below state avg
329 students
Very Diverse
Diverse Student Body
Grades PK-06
Kenny Elementary
0.5 mi
Middle Schools
3 schools
A
Central Middle School
0.4 mi
|
#52 of 352
|
Score: 56.2
Improved 4 spots from last year
-2 below state avg
671 students
Diverse
Strong Attendance
Grades 06-08
B+
Atlantic Middle School
1.2 mi
|
#127 of 352
|
Score: 46.6
Dropped 13 spots from last year
-11.6 below state avg
601 students
Diverse
Strong Attendance
Grades 06-08
Epiphany School
1.2 mi
Grades 05-08
High Schools
3 schools
B+
North Quincy High School
1.0 mi
|
#118 of 346
|
Score: 58.8
Improved 97 spots from last year
+0.6 above state avg
1,520 students
Diverse
20 sports
• 1,516 athletes
Strong AP Program
Early College Program
High Graduation Rate
Rising School
Grades 09-12
Urban Achievers School
1.2 mi
Grades 09-12
D
Community Academy of Science and Health
1.3 mi
|
#326 of 346
|
Score: 29.0
Improved 41 spots from last year
-29.2 below state avg
398 students
Diverse
Rising School
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$1,200
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
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
Dorchester
400-412 Neponset Ave, Boston MA 02122
Boston, MA 02122
Listing Information
Listing Office
EVO Real Estate Group, LLC
Office Phone
617-517-9755
Agent MLS ID
CN252334
Office MLS ID
AN9387
Listing Data Updated
Apr 22, 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.
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