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400-412 Neponset Ave, Boston MA 02122

Boston, MA 02122 • Dorchester
$8,999,999
Est. $46,909/month
40
Beds
26
Baths
26,000
Sq Ft
$346
Price/Sq Ft
0.20
Acres
1920
Year Built
5+ Family - 5+ Units Up/Down
Type
71
Days on Market
Active Price Drop -$500,001 Listed Nov 10, 2025 • MLS# 73453209 Copied!

About this home

proud to present 400-412 Neponset Avenue and 10-12 Redfield Street - a rare chance to acquire three adjacent properties totaling 26,000 SF in Dorchester’s Neponset/Port Norfolk neighborhood. The portfolio includes a corner mixed-use building and two triple-deckers with six spacious 3-bed units. Nearly 75% of the residential units have been recently renovated, providing strong in-place income with additional value-add potential. Currently generating $556,000 in NOI. The properties feature dedicated on-site parking - a major asset in this submarket - and benefit from strong in-place income, excellent visibility on a well-traveled corridor, and convenient access to I-93, public transit.

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1920
Bedrooms
40
Full Bathrooms
26
Living Area
26,000 sq ft
Total Rooms
78
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1920
Living Area 26,000 sq ft
Lot Size 0.20 acres
Bedrooms 40
Full Baths 26
Total Rooms 78

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Unfinished
Laundry Washer Hookup
Features None

Exterior

Construction Frame, Stone
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Paved Drive, Off Street, Leased, Deeded
Total Spaces 13

Utilities

Electric 100 Amp Service
Water Public, Individual Meter
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $14,400
Assessed Value $2,971,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame, Stone
Roof: Rubber
Foundation: Slab
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Corner Lot, Easements, Zero Lot Line
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 13
Parking Features: Paved Drive, Off Street, Leased, Deeded

Location

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Neighborhood

Dorchester

400-412 Neponset Ave, Boston MA 02122

Boston, MA 02122

Walkability

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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
E

Elementary Schools

10 schools
Saint John Paul II Academy - Neponset
0.4 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
0.5 mi
Grades K-08
B-
Murphy K-8 School
0.6 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
C
Neighborhood House Charter School
0.7 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
D
Henderson K-12 Inclusion School Upper
1.4 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
Saint John Paul II Academy - Lower Mills
1.5 mi
Grades PK-08
C-
Codman Academy Charter Public School
1.5 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
C-
UP Academy Charter School of Dorchester
1.6 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
Mather Elementary School
1.7 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
M

Middle Schools

10 schools
Epiphany School
1.2 mi
Grades 05-08
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
2.3 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
2.4 mi
Mother Caroline Academy
2.5 mi
Grades 05-08
F
Higginson/Lewis K-8 School
3.2 mi | #349 of 352 | Score: 23.6
Improved 3 spots from last year
-34.6 below state avg
213 students Diverse
Grades 03-08
Middle School Academy
3.3 mi
Nativity Prep School
3.8 mi
Grades 05-08
C
Ohrenberger School
5.7 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
McCormack Middle
2.2 mi
Frederick Pilot Middle
2.3 mi
H

High Schools

10 schools
B+
TechBoston Academy
1.7 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
2.2 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
2.9 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
3.4 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
3.6 mi
Grades 06-09
D
English High School
3.6 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-
Boston Preparatory Charter Public School
3.8 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
B-
Margarita Muniz Academy
3.9 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
A-
O'Bryant School of Math & Science
3.9 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
Cathedral High School
4.0 mi
9 sports • 430 athletes
Grades 07-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
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Over life of loan
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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 $1,200
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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Current Rate
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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.

Property History

Market Insights

1
Price Changes
5.3%
Price Range

Property Timeline

↓
Price Reduced
Jan 21, 2026
$8,999,999 $500,001 (-5.26%)
From $9,500,000 to $8,999,999 (-5.3%)
🏠
Listed for Sale
Nov 10, 2025
$9,500,000
Original listing

Price & Status History

Date Event Price Change
Jan 21, 2026 Price Changed $8,999,999 -$500,001
Nov 10, 2025 New Listing Added $9,500,000 —

Market Statistics

Days on Market
71 days
Price per Sq Ft
$346
Total Price Drop
-$500,001

Tax History

Year Taxes Assessment
2025 $14,400 $2,971,000

Financial Details

Annual Property Tax
$14,400
Tax Year 2025
Assessed Value
$2,971,000

Listing Information

Listing Agent John Maggio
Listing Office EVO Real Estate Group, LLC
Agent MLS ID CN252334
Office MLS ID AN9387
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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