438 W 4th Street, Boston MA 02127 - Preview 1 438 W 4th Street, Boston MA 02127 - Preview 2 438 W 4th Street, Boston MA 02127 - Preview 3
438 W 4th Street, Boston MA 02127 - Preview 1 438 W 4th Street, Boston MA 02127 - Preview 2 438 W 4th Street, Boston MA 02127 - Preview 3

438 W 4th Street, Boston MA 02127

Boston, MA 02127 • South Boston
$1,725,000
Est. $9,775/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
3
Baths
2,796
Sq Ft
$617
Price/Sq Ft
0.04
Acres
1890
Year Built
3 Family - 3 Units Up/Down
Type
New today
Time on Market
For Sale Listed Nov 13, 2026 • MLS# 73602033 Copied! • Updated Nov 13, 2026

Track this home for price, status, and open-house alerts.

About this home

West side 3 Family, situated in the hottest area in South Boston.This flood square, Victorian is located a quiet street. Only blocks from T stops and yards from bus stops. Grand entrance hall and impressive spiral staircase provides access to 3 units to create great income. Units are leased through 9/1/27. 24 hour notice for all showings.

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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

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 13, 2026
$1,725,000
Original listing
Agent: Elizabeth Derenzo Office: J. Derenzo & Associates, LLC

Tax History

Year Taxes Assessment
2026 $10,230 $1,650,000

Financial Details

Annual Property Tax
$10,230
Tax Year 2026
Assessed Value
$1,650,000

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1890
Living Area 2,796 sq ft
Lot Size 0.04 acres
Stories 3
Bedrooms 5
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $2,625/mo · Y
Unit 2 Rent $3,200/mo · Y
Unit 3 Rent $3,150/mo
Total Monthly Rent $8,975/mo
Gross Income $107,700
Net Operating Income $85,400
Operating Expenses $22,300
Water/Sewer Expense $2,650
Insurance Expense $7,000
Cap Rate 4.95%
Heating Hot Water, Natural Gas
Cooling None
Flooring Wood
Appliances Range, Refrigerator, Dishwasher
Fireplace None
Fireplaces 5
Basement Unfinished
Laundry None
Features Bathroom With Tub, Ceiling Fan(s), Living Room, Kitchen, Office/den
Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,230
Assessed Value $1,650,000
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint None
Seller Disclosures Fireplaces Have Not Been Used.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1890
Bedrooms
5
Full Bathrooms
3
Living Area
2,796 sq ft
Total Rooms
14
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood
Appliances: Range, Refrigerator, Dishwasher
Interior Features: Bathroom With Tub, Ceiling Fan(s), Living Room, Kitchen, Office/Den
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Granite
Stories: 3

Utilities & Systems

Heating: Hot Water, Natural Gas
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features:

Special Features

Fireplaces: 5
Fireplace Type:
Community Amenities:
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

10 schools
St. Peter Academy School
0.2 mi
Grades PK-08
F
Condon K-8 School
0.3 mi | #347 of 352 | Score: 24.2
Improved 11 spots from last year
-34 below state avg
448 students Diverse
Diverse Student Body
Grades PK-08
F
Tynan Elementary School
0.4 mi | #819 of 825 | Score: 24.7
Dropped 97 spots from last year
-33.5 below state avg
218 students Diverse
Diverse Student Body
Grades PK-06
B
Excel Academy Charter School
1.0 mi | #149 of 346 | Score: 56.4
Improved 166 spots from last year
-1.9 below state avg
1,376 students Moderate
High Graduation Rate Rising School
Grades 05-12
F
Clap Elementary School
1.0 mi | #811 of 825 | Score: 25.6
Dropped 26 spots from last year
-32.6 below state avg
144 students Diverse
Diverse Student Body
Grades PK-06
Saint John Paul II Academy - Columbia
1.2 mi
Grades PK-08
B
Boston Collegiate Charter School
1.2 mi | #154 of 346 | Score: 55.7
Improved 44 spots from last year
-2.5 below state avg
688 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 05-12
D
Dever Elementary School
1.3 mi | #768 of 825 | Score: 31.1
Improved 40 spots from last year
-27.1 below state avg
279 students Diverse
Rising School
Grades K-06
F
Blackstone Elementary School
1.3 mi | #808 of 825 | Score: 26.2
Improved 13 spots from last year
-32 below state avg
572 students Moderate
Grades PK-06
D
Melvin H. King South End Academy
1.5 mi | #24 of 25 | Score: 20.4
Improved 363 spots from last year
-37.8 below state avg
80 students Diverse
Rising School
Grades PK-12
M

Middle Schools

10 schools
Middle School Academy
0.2 mi
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.1 mi | #4 of 16 | Score: 42.5
Improved 187 spots from last year
-15.7 below state avg
1,225 students Diverse
Rising School College Ready Curriculum
Grades 05-08
F
Higginson/Lewis K-8 School
2.3 mi | #349 of 352 | Score: 23.2
Improved 3 spots from last year
-35 below state avg
246 students Diverse
Grades 03-08
Dearborn Middle School
2.6 mi
Mother Caroline Academy
2.7 mi
Grades 05-08
Nativity Prep School
2.9 mi
Grades 05-08
Epiphany School
3.1 mi
Grades 05-08
C
Ohrenberger School
7.3 mi | #266 of 352 | Score: 35.0
Improved 19 spots from last year
-23.2 below state avg
458 students Diverse
Diverse Student Body
Grades 03-08
UP Academy
0.2 mi
McCormack Middle
1.2 mi
H

High Schools

10 schools
C
Quincy Upper School
1.2 mi | #279 of 346 | Score: 44.4
Dropped 7 spots from last year
-13.8 below state avg
575 students Very Diverse
12 sports • 208 athletes
Diverse Student Body
Grades 06-12
Cathedral High School
1.2 mi
9 sports • 430 athletes
Grades 07-12
C
Ruth Batson Academy
1.3 mi | #20 of 25 | Score: 29.1
Improved 345 spots from last year
-29.1 below state avg
584 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
B
Dearborn STEM Academy
1.8 mi | #13 of 25 | Score: 33.4
Improved 356 spots from last year
-24.8 below state avg
565 students Moderate
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
Newman School
2.1 mi
Grades 07-12
A-
O'Bryant School of Math & Science
2.2 mi | #90 of 346 | Score: 61.6
Improved 94 spots from last year
+3.4 above state avg
1,518 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
A+
Boston Latin Academy
2.3 mi | #2 of 25 | Score: 64.9
Improved 214 spots from last year
+6.7 above state avg
1,669 students Very Diverse
17 sports • 1,298 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
A+
Boston Latin School
2.8 mi | #20 of 346 | Score: 73.7
Improved 60 spots from last year
+15.5 above state avg
2,382 students Very Diverse
18 sports • 2,006 athletes
Strong AP Program High Graduation Rate Rising School Strong Athletics
Grades 07-12
D
Charlestown High School
3.2 mi | #319 of 346 | Score: 32.9
Improved 52 spots from last year
-25.4 below state avg
646 students Diverse
11 sports • 488 athletes
Early College Program Rising School
Grades 07-12
C-
East Boston High School
3.2 mi | #300 of 346 | Score: 38.2
Improved 36 spots from last year
-20 below state avg
1,181 students Moderate
14 sports • 584 athletes
Early College Program Rising School
Grades 07-12
Learn about these ratings
School data provided by BMN Schools

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $853
Homeowners Insurance $200
PMI (if <20% down) $0

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Year 15
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Year 30
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Location

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Neighborhood

South Boston

438 W 4th Street, Boston MA 02127

Boston, MA 02127

Listing Information

Listing Agent Elizabeth Derenzo
Listing Office J. Derenzo & Associates, LLC
Office Phone 781-449-0300
Agent MLS ID CN252746
Office MLS ID AN7829
Listing Data Updated Nov 13, 2026 2:27 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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