8 Colonial Ave, Boston, MA 02124 - Photo 1

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$1,200,000 Just Listed

For Sale
Active
Multi-Family
3 Units
8 Total Beds
0.09 Acres
Updated 1 day ago

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Property Description

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.

Full Property Details

Full Property Details for 8 Colonial Ave

General

Price: $1,200,000
Taxes: $9,595 (2025)
Status: Active
Type: Multi-Family
MLS ID: 73513091
Updated: 5/5/2026
Added to Site: 2 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 8

Parking

Parking Features: Paved Drive, Off Street, Tandem, On Street, Paved

Location

County: Suffolk

Structural Information

Basement: Yes
Stories/Levels: 3
Square Feet: 3,469
Year Built: 1895

Lot Features

Lot Size (Acres): 0.09

Financial Considerations

Tax Amount: $9,595
Tax Year: 2025

Disclosures and Reports

Disclosures/Rstr.: Agent is Owner | Units can be delivered vacant or leases can be acquired prior to closing (All current TAW) at market rates | RECENT Appraisal in Hand | Lead Certs in Hand
Property ID: W:17 P:01521 S:000, 1301379

Listed by Serhant, The Avenue and Thomas McKenna

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Listing agents

— 8 Colonial Ave —

The Avenue

Serhant
Thomas McKenna

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Schools

Schools serving 8 Colonial Ave

School District:Boston School District

Name	Grades	Distance
Lee K-8 School 155 Talbot Avenue, Boston, MA 02124	PK-8	0.3 mi
Lee Academy 25 Dunbar Avenue, Boston, MA 02124	PK-2	0.3 mi
Holmes Elementary School 40 School Street, Boston, MA 02124	PK-5	0.4 mi
Techboston Academy 9 Peacevale Road, Boston, MA 02124	6-12	0.4 mi
Jeremiah E Burke High School 60 Washington Street, Boston, MA 02121	9-12	1.2 mi
Lilla G. Frederick Middle School 270 Columbia Road, Boston, MA 02121	6-8	1.3 mi
Boston International High School 100 Maxwell St, Boston, MA 02124	9-12	0.7 mi
Boston Arts Academy 11 Charles Street, Boston, MA 02122	9-12	1 mi
Dorchester Academy 11 Charles Street, Boston, MA 02122	9-12	1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8 Colonial Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/05/2026

Listed

$1,200,000

34.83%

MLS

12/17/2024

Sold

$890,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 8 Colonial Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$9,595

16%

$828,600

10%

2024

$8,248

10%

$756,700

2023

$7,526

11%

$700,700

12%

2022

$6,809

$625,800

2021

$6,240

$584,800

2020

$6,032

10%

$571,200

10%

2019

$5,471

11%

$519,100

10%

2018

$4,946

—

$471,900

2017

$4,950

$467,400

13%

2016

$4,550

$413,600

15%

2015

$4,347

$359,000

12%

2014

$4,032

—

$320,500

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 8 Colonial Ave

8 Colonial Ave, Boston, MA 02124 (MLS# 73513091) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 8 Colonial Ave is currently listed for $1,200,000 and was received on May 05, 2026. Want to learn more about 8 Colonial Ave? Do you have questions about finding other Multi-Family real estate for sale in Dorchester? You can browse all Dorchester real estate or contact a Coldwell Banker agent to request more information.

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8 Colonial Ave Boston, MA 02124