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8 Colonial Ave, Boston MA 02124

Boston, MA 02124 • Dorchester's Codman Square
$1,145,000
Est. $6,789/month
8
Beds
3
Baths
3,469
Sq Ft
$330
Price/Sq Ft
0.09
Acres
1895
Year Built
3 Family
Type
60
Days on Market
Active Price Drop -$55,000 Listed May 5, 2026 • MLS# 73513091 Copied!

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.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1895
Bedrooms
8
Full Bathrooms
3
Living Area
3,469 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1895
Living Area 3,469 sq ft
Lot Size 0.09 acres
Bedrooms 8
Full Baths 3
Total Rooms 15

Interior

Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Metal
Features Rain Gutters, Other
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch, Screened

Parking

Features Paved Drive, Off Street, Tandem, On Street, Paved
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Oven, For Electric Oven

Financial

Annual Tax $9,595
Assessed Value $828,600

Interior Features

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

Construction & Materials

Year Built: 1895
Structure Type:
Exterior Materials: Frame
Roof: Metal
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Rain Gutters, Other
Patio & Porch: Porch, Screened
Fencing: Fenced/Enclosed
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Tandem, On Street, Paved

Special Features

View: Yes
View Type: City View(s), City
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University, Other

Location

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Neighborhood

Dorchester's Codman Square

8 Colonial Ave, Boston MA 02124

Boston, MA 02124

Walkability

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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
C-
Codman Academy Charter Public School
0.2 mi | #293 of 346 | Score: 40.3
Dropped 9 spots from last year
-17.9 below state avg
344 students Moderate
College Ready Curriculum
Grades PK-12
D
Lee K-8 School
0.3 mi | #335 of 352 | Score: 27.1
Improved 8 spots from last year
-31.1 below state avg
551 students Diverse
Grades PK-08
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
D
Greenwood Sarah K-8 School
0.5 mi | #334 of 352 | Score: 27.2
Same rank as last year
-31 below state avg
357 students Less Diverse
Grades PK-08
C-
UP Academy Charter School of Dorchester
0.7 mi | #308 of 352 | Score: 30.7
Dropped 17 spots from last year
-27.5 below state avg
640 students Diverse
Grades PK-08
D
Henderson K-12 Inclusion School Upper
0.7 mi | #315 of 346 | Score: 34.7
Improved 34 spots from last year
-23.5 below state avg
631 students Diverse
Rising School Diverse Student Body
Grades 02-12
D
Shaw Elementary School
0.9 mi | #783 of 824 | Score: 29.8
Improved 54 spots from last year
-28.4 below state avg
528 students Moderate
Rising School
Grades PK-06
Berea SDA Academy
0.9 mi
Grades PK-08
A
Brooke Charter School Mattapan
1.0 mi | #45 of 346 | Score: 67.9
Improved 79 spots from last year
+9.7 above state avg
2,216 students Diverse
Rising School College Ready Curriculum
Grades K-12
C-
UP Academy Holland School
1.1 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
M

Middle Schools

10 schools
Epiphany School
0.5 mi
Grades 05-08
Dearborn Middle School
1.2 mi
Mother Caroline Academy
1.3 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
1.4 mi | #4 of 16 | Score: 41.9
Improved 187 spots from last year
-16.3 below state avg
1,126 students Diverse
Rising School College Ready Curriculum
Grades 05-08
F
Higginson/Lewis K-8 School
2.2 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
Nativity Prep School
2.5 mi
Grades 05-08
Middle School Academy
3.2 mi
C
Ohrenberger School
4.3 mi | #265 of 352 | Score: 34.9
Improved 20 spots from last year
-23.3 below state avg
477 students Diverse
Rising School Diverse Student Body
Grades 03-08
Frederick Pilot Middle
1.3 mi
McCormack Middle
2.5 mi
H

High Schools

10 schools
B+
TechBoston Academy
0.4 mi | #11 of 25 | Score: 34.1
Improved 349 spots from last year
-24.1 below state avg
850 students Diverse
Rising School
Grades 07-12
A+
Boston Latin Academy
1.8 mi | #2 of 25 | Score: 63.9
Improved 214 spots from last year
+5.7 above state avg
1,693 students Very Diverse
17 sports • 1,298 athletes
High Graduation Rate Rising School Strong Athletics Diverse Student Body
Grades 07-12
D
English High School
2.1 mi | #324 of 346 | Score: 29.7
Improved 34 spots from last year
-28.5 below state avg
720 students Moderate
8 sports • 332 athletes
Rising School Career Tech Programs
Grades 07-12
Meridian Academy
2.1 mi
Grades 06-09
B-
Margarita Muniz Academy
2.3 mi | #14 of 25 | Score: 31.3
Improved 349 spots from last year
-26.9 below state avg
428 students Less Diverse
Strong AP Program Rising School
Grades 07-12
C
Ruth Batson Academy
2.5 mi | #19 of 25 | Score: 27.6
Improved 346 spots from last year
-30.6 below state avg
604 students Diverse
8 sports • 128 athletes
Early College Program Rising School
Grades 07-12
B
Dearborn STEM Academy
2.5 mi | #13 of 25 | Score: 31.7
Improved 356 spots from last year
-26.6 below state avg
565 students Diverse
10 sports • 242 athletes
Early College Program Rising School
Grades 07-12
A-
Boston Preparatory Charter Public School
2.7 mi | #8 of 25 | Score: 41.6
Improved 287 spots from last year
-16.6 below state avg
700 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
A-
O'Bryant School of Math & Science
2.9 mi | #90 of 346 | Score: 61.1
Improved 94 spots from last year
+2.9 above state avg
1,509 students Very Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 07-12
C+
New Mission High School
2.9 mi | #240 of 346 | Score: 47.3
Improved 88 spots from last year
-10.9 below state avg
715 students Diverse
13 sports • 458 athletes
Early College Program High Graduation Rate Rising School Diverse Student Body
Grades 07-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $800
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

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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.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
25.8%
Price Range
1
Previous Sales

Property Timeline

↓
Price Reduced
Jun 8, 2026
$1,145,000 $20,000 (-1.72%)
From $1,165,000 to $1,145,000 (-1.7%)
↓
Price Reduced
May 26, 2026
$1,165,000 $35,000 (-2.92%)
From $1,200,000 to $1,165,000 (-2.9%)
🏠
Listed for Sale
May 5, 2026
$1,200,000
Original listing
Agent: The Avenue Office: Serhant
Previous Transaction - MLS #73286987
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 18, 2024
$890,000
MLS #73286987
View Listing →

Price & Status History

Date Event Price Change
Jun 8, 2026 Price Changed $1,145,000 -$20,000
May 26, 2026 Price Changed $1,165,000 -$35,000
May 5, 2026 New Listing Added $1,200,000 —
Dec 18, 2024 Sold $890,000 —

Market Statistics

Days on Market
60 days
Price per Sq Ft
$330
Total Price Drop
-$55,000

Tax History

Year Taxes Assessment
2025 $9,595 $828,600

Financial Details

Annual Property Tax
$9,595
Tax Year 2025
Assessed Value
$828,600

Listing Information

Listing Agent The Avenue
Listing Office Serhant
Agent MLS ID TM362839
Office MLS ID AN9455
Listing Data Updated Jun 25, 2026 3:21 PM 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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