40-40 1/2 Savin Avenue, Norwood MA 02062
Norwood, MA 02062
$900,000
Est. $5,442/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.
Open House Schedule
04
Oct
Sunday, October 4
12:00 PM - 1:00 PM EDT
02
Oct
Friday, October 2
5:00 PM - 6:00 PM EDT
About this home
Double the Opportunity on Savin! Owned by the same family for over 100 years, 40 & 40½ Savin Ave have been part of one family's story for nearly a century and are now ready for their next chapter. Rare opportunity offering TWO separate homes on ONE lot with possibilities for the savvy investor, owner-occupant or multigenerational buyer. Front home, #40, is a two-family with a 1-bedroom, 1-bath residence on each of the first & second floors. Period details including hardwood floors, bay windows, built-ins & original woodwork bring character and charm throughout. But wait, there's MORE! A full staircase leads to additional third-floor bonus space offering exciting future possibilities for buyers willing to explore improvements, permitting & code requirements. Tucked behind is #40½, a separate 3-bedroom, 1-bath single-family home with a welcoming front porch, traditional floor plan and all bedrooms & bath on the second floor. Bring your vision! Original kitchens & baths offer the opportunity to update at your pace and make these homes your own. Priced to reflect the updating ahead, savvy buyers will see the potential to build value while preserving the character that makes this property special. With separate entrances and distinct living spaces, the layout offers the independence buyers want with the convenience of having everyone—or everything—on one property. Outside, a shared yard adds room to enjoy the seasons, while off-street parking adds everyday practicality. Live in one home while generating income from the others, create a multigenerational setting where everyone has their own space, or explore the investment potential of all three residences. Imagine parents, adult children or extended family living just steps away—close enough to share everyday life while enjoying the privacy of separate homes. Investors will recognize the opportunity to improve, update & build value over time. Conveniently located near Norwood Center, restaurants, shops, services, Norwood Theatre & Town Common. Commuters will appreciate access to Norwood Depot & Norwood Central commuter rail stations plus convenient connections to Rte 1, Rte 1A & I-95. Both homes are included in the sale & must be purchased together. One property. Two homes. Three existing residences. So MANY possibilities. Bring your ideas & Make a Wise Move on Savin! Showings begin at the Open House Friday, 10/2 at 5-6pm & Sunday, 10/4 at 12-1pm
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
Sep 30, 2026
$900,000
Original listing
Agent: The Kouri Team
Office: Keller Williams Realty Boston South West
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/30/2026 | 🏠 Listed for Sale | $900,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,295 | $844,700 |
Financial Details
Annual Property Tax
$8,295
Tax Year 2026
Assessed Value
$844,700
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
3,732 sq ft
Lot Size
0.17 acres
Stories
4
Bedrooms
5
Full Baths
3
Total Rooms
14
Investment Metrics
Units
3
Unit 1 Rent
$1,000/mo · Y
Unit 2 Rent
$1,000/mo · Y
Unit 3 Rent
— · N
Total Monthly Rent
$2,000/mo
Gross Income
$24,000
Net Operating Income
$24,000
Cap Rate
2.67%
Interior
Heating
Central, Hot Water, Natural Gas
Cooling
None
Flooring
Wood, Tile, Hardwood
Appliances
Washer, Dryer, Range, Refrigerator, Dishwasher, Microwave
Fireplace
None
Basement
Unfinished
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Pantry, Storage, Bathroom With Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
7
Utilities
Electric
Circuit Breakers, 60 Amps/less, 100 Amp Service, Individually Metered, Varies Per Unit
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$8,295
Assessed Value
$844,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Yes
Seller Disclosures
These Are 2 Residential Properties Located On One Lot And Sold As 1. #40 Savin Avenue Is A Multifamily Property, And #40½ Savin Avenue Is A Single-family Home. Both Properties Must Be Purchased Together And Can Not Be Sold Separately.. Buyers And Buyers Agents To Do Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Whi & Yell
Sq Ft Source
Measured
Sq Ft Disclosures
2,239 sf for #40 (Units 1 & 2 White) & 1,493 sf for #40 1/2 (Unit 3 Yellow)
Documents
None
County
Norfolk
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Living Area
3,732 sq ft
Total Rooms
14
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,732 sq ft above grade
0 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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, Tile, Hardwood
Appliances:
Washer, Dryer, Range, Refrigerator, Dishwasher, Microwave
Interior Features:
Pantry, Storage, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows:
Basement:
Unfinished
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Central, Hot Water, Natural Gas
Heating Zones:
4
Cooling:
None
Hot Water:
Natural Gas, Electric, Tank, Varies Per Unit
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
7
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Norwood School District local
C
School Safety
2024-25
3.7%
Above Average
2.7%
Suspensions
1.3%
In-School
1.0%
Emergency
1.8% below state avg
Elementary Schools
3 schools
C
Balch School
0.3 mi
|
#587 of 825
|
Score: 41.4
Improved 110 spots from last year
-16.8 below state avg
230 students
Diverse
Rising School
Diverse Student Body
Grades 01-04
B
F.A. Cleveland Elementary School
0.7 mi
|
#393 of 825
|
Score: 48.0
Dropped 160 spots from last year
-10.3 below state avg
266 students
Diverse
Grades 01-04
Norwood Montessori School
0.8 mi
Grades PK-06
Middle Schools
3 schools
B-
Dr. Philip O. Coakley Middle School
0.7 mi
|
#181 of 352
|
Score: 42.0
Dropped 13 spots from last year
-16.2 below state avg
1,070 students
Diverse
Diverse Student Body
Grades 05-08
A-
Walpole Middle School
2.7 mi
|
#102 of 352
|
Score: 49.4
Dropped 15 spots from last year
-8.8 below state avg
875 students
Moderate
Strong Attendance
Grades 06-08
A+
E.W. Thurston Middle School
2.7 mi
|
#27 of 352
|
Score: 60.5
Dropped 3 spots from last year
+2.3 above state avg
633 students
Moderate
Strong Attendance
Grades 06-08
High Schools
3 schools
B-
Norwood High School
0.8 mi
|
#209 of 346
|
Score: 51.7
Dropped 8 spots from last year
-6.5 below state avg
937 students
Diverse
18 sports
• 1,594 athletes
High Graduation Rate
Strong Athletics
Diverse Student Body
Grades 09-12
B+
Norfolk County Agricultural High School
2.2 mi
|
#117 of 346
|
Score: 59.2
Dropped 9 spots from last year
+1 above state avg
599 students
Less Diverse
9 sports
• 380 athletes
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
Xaverian Brothers High School
2.4 mi
16 sports
• 3,034 athletes
Strong Athletics
Grades 09-12
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
$691
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
40-40 1/2 Savin Avenue, Norwood MA 02062
Norwood, MA 02062
Listing Information
Listing Agent
The Kouri Team
Listing Office
Keller Williams Realty Boston South West
Office Phone
781-251-2101
Agent MLS ID
TM008602
Office MLS ID
BB3351
Listing Data Updated
Sep 30, 2026 11:59 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 Norwood.