538 E Broadway, Boston MA 02127
Boston, MA 02127 • South Boston
$3,899,000
Est. $21,925/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.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
About this home
Prime 8-unit brownstone with parking! Located in the heart of one of the most sought-after neighborhoods, 538 East Broadway presents a rare opportunity to acquire a legacy asset that offers both character and long-term value grossing over $240,000 per year with room to increase. This classic brick brownstone features 8 well-maintained residential units, each reflecting the timeless charm and architectural details that make these properties so desirable. The building’s solid brick construction ensures both durability and aesthetic appeal, while the generous 8-unit configuration provides the perfect balance of income potential and livability. Additionally, the property includes the coveted bonus of on-site parking, a true rarity in this prime location. This is an ideal opportunity for savvy investors looking to capitalize on a high-demand area with enduring value. Easy access to local amenities, transit, and vibrant neighborhood restaurants and hotspots.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
BMN Estimate
Get the number an algorithm can't give you
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 6, 2026
$3,899,000
Original listing
Agent: Ryan Foley
Office: Greater Metropolitan R. E.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/06/2026 | 🏠 Listed for Sale | $3,899,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $24,120 | $1,945,200 |
Financial Details
Annual Property Tax
$24,120
Tax Year 2026
Assessed Value
$1,945,200
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1920
Living Area
3,292 sq ft
Lot Size
0.06 acres
Stories
5
Bedrooms
8
Full Baths
8
Total Rooms
20
Investment Metrics
Units
8
Unit 1 Rent
$2,150/mo · Y
Unit 2 Rent
$2,150/mo · Y
Total Monthly Rent
$4,300/mo
Gross Income
$51,600
Net Operating Income
$51,600
Cap Rate
1.32%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Brick
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$24,120
Assessed Value
$1,945,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
8
Full Bathrooms
8
Living Area
3,292 sq ft
Total Rooms
20
Stories
5
Levels
5
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Exterior Materials:
Brick
Roof:
Foundation:
Brick/Mortar
Stories:
5
Utilities & Systems
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Special Features
View:
Yes
View Type:
City View(s)
Community Amenities:
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
10 schools
F
Tynan Elementary School
0.2 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
St. Peter Academy School
0.4 mi
Grades PK-08
F
Condon K-8 School
0.5 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
Clap Elementary School
1.2 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
B
Excel Academy Charter School
1.2 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
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
Saint John Paul II Academy - Columbia
1.3 mi
Grades PK-08
B
Boston Collegiate Charter School
1.3 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
F
Blackstone Elementary School
1.5 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
1.7 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
Middle Schools
10 schools
Middle School Academy
0.4 mi
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.3 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
2.5 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
2.8 mi
Mother Caroline Academy
2.9 mi
Grades 05-08
Nativity Prep School
3.2 mi
Grades 05-08
Epiphany School
3.2 mi
Grades 05-08
C
Ohrenberger School
7.5 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
0.4 mi
McCormack Middle
1.2 mi
High Schools
10 schools
C
Ruth Batson Academy
1.2 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
C
Quincy Upper School
1.3 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
1.4 mi
9 sports
• 430 athletes
Grades 07-12
B
Dearborn STEM Academy
2.1 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
2.3 mi
Grades 07-12
A-
O'Bryant School of Math & Science
2.4 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
2.5 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
3.0 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
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
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
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
$2,010
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
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
Loading map...
Neighborhood
South Boston
538 E Broadway, Boston MA 02127
Boston, MA 02127
Listing Information
Listing Agent
Ryan Foley
Listing Office
Greater Metropolitan R. E.
Office Phone
617-523-2505
Agent MLS ID
NB110111
Office MLS ID
NB1092
Listing Data Updated
Nov 5, 2026 11:09 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
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Boston.