3 N Munroe Ter, Boston MA 02122
Boston, MA 02122 • Dorchester's Neponset
$1,499,000
Est. $8,630/month
About this home
Exceptional investment opportunity in the heart of Dorchester! This spacious three-family property offers a total of 3,265 Sq. Ft. of living space across three well-maintained rental units. Each unit features bright, comfortable layouts and separate utilities-ideal for steady rental income or owner occupancy with income potential. Third unit has a view of the ocean. Basement has potential to be renovated. Conveniently located near public transportation, schools, parks and local shops. This property provides both long-term stability and strong upside potential.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
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
Property History
Property Timeline
Listed for Sale
Jul 29, 2026
$1,499,000
Original listing
Agent: Peter Kelly
Office: Kelly Group Properties
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/29/2026 | 🏠 Listed for Sale | $1,499,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,197 | $880,600 |
Financial Details
Annual Property Tax
$10,197
Tax Year 2025
Assessed Value
$880,600
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1910
Living Area
3,265 sq ft
Lot Size
0.10 acres
Bedrooms
6
Full Baths
3
Total Rooms
15
Investment Metrics
Units
3
Unit 1 Rent
$2,500/mo · N
Unit 2 Rent
$2,800/mo · N
Unit 3 Rent
— · N
Total Monthly Rent
$5,300/mo
Gross Income
$63,600
Net Operating Income
$63,600
Cap Rate
4.24%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Wood
Parking
Features
Paved Drive, Off Street, On Street
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,197
Assessed Value
$880,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
6
Full Bathrooms
3
Living Area
3,265 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,265 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck - Wood
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:
Wood
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck - Wood
Fencing:
Other Structures:
Lot Features:
Sloped
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive, Off Street, On Street
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
C
Neighborhood House Charter School
0.1 mi
|
#275 of 346
|
Score: 43.8
Improved 16 spots from last year
-14.4 below state avg
786 students
Diverse
College Ready Curriculum
Diverse Student Body
Grades PK-12
B-
Murphy K-8 School
0.1 mi
|
#210 of 352
|
Score: 40.0
Improved 9 spots from last year
-18.2 below state avg
855 students
Diverse
Diverse Student Body
Grades PK-08
Saint John Paul II Academy - Neponset
0.2 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
St. Brendan Elementary School
0.8 mi
Grades K-08
C-
UP Academy Charter School of Dorchester
1.1 mi
|
#308 of 352
|
Score: 30.7
Dropped 17 spots from last year
-27.5 below state avg
640 students
Diverse
Grades PK-08
C-
Codman Academy Charter Public School
1.1 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
Mather Elementary School
1.2 mi
|
#754 of 824
|
Score: 32.2
Dropped 257 spots from last year
-26 below state avg
473 students
Very Diverse
Diverse Student Body
Grades PK-06
D
Henderson K-12 Inclusion School Upper
1.2 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
Compass School
1.3 mi
Grades PK-12
Middle Schools
10 schools
Epiphany School
0.8 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
1.7 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
Dearborn Middle School
1.8 mi
Mother Caroline Academy
2.0 mi
Grades 05-08
F
Higginson/Lewis K-8 School
2.6 mi
|
#349 of 352
|
Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students
Diverse
Grades 03-08
Middle School Academy
2.8 mi
Nativity Prep School
3.2 mi
Grades 05-08
C
Ohrenberger School
5.5 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
1.7 mi
McCormack Middle
1.8 mi
High Schools
10 schools
B+
TechBoston Academy
1.4 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
C
Ruth Batson Academy
1.8 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
A+
Boston Latin Academy
2.3 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
B
Dearborn STEM Academy
2.8 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
Meridian Academy
3.0 mi
Grades 06-09
D
English High School
3.1 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
A-
O'Bryant School of Math & Science
3.3 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
B-
Margarita Muniz Academy
3.4 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
Cathedral High School
3.5 mi
9 sports
• 430 athletes
Grades 07-12
A-
Boston Preparatory Charter Public School
3.7 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
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
$850
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
Dorchester's Neponset
3 N Munroe Ter, Boston MA 02122
Boston, MA 02122
Listing Information
Listing Agent
Peter Kelly
Listing Office
Kelly Group Properties
Office Phone
617-839-4069
Agent MLS ID
BB900411
Office MLS ID
AN4679
Listing Data Updated
Aug 4, 2026 11:18 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
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Boston.
Steve Novak Real Estate
Your message will be sent to Steve Novak Real Estate.