1 Louis D Brown Way, Boston MA 02124
Boston, MA 02124 • Dorchester's Fields Corner
$879,000
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Sale Statistics
Sale Overview
Original List Price:
$925,000
Final Sale Price:
$879,000
Difference:
$46,000 (-5.0%)
Performance Metrics
95.0%
List to Sale Ratio
Sold below asking price
66
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$359
Sale $/sq ft:
$341
This property sold for $341 per square foot
Sale Summary
This property sold for 5.0% below the original asking price.
The property spent 66 days on market before selling.
About this home
***INVESTMENT OPPORTUNITY*** Well-maintained fully rented three-unit multifamily with parking, offers substantial income and low maintenance! Located in Dorchester’s bustling Fields Corner neighborhood, only .5 mile to the Fields Corner red line train stop. Gross annual rental income is $68,400. Great value-add investment, with the opportunity to increase to current market rents and grow cash flow. Property consists of a 3 bedroom/1.5 bath unit with private deck, and two spacious 2 bedroom/1 bath units. Units 1 and 2, plus common areas and exterior have been de-leaded. Common coin-operated laundry in basement. Roof and decks were replaced in 2014, 3 newer hot water tanks, 3 gas forced air furnaces. Close to nearby shops & restaurants, highway I-93, UMASS Boston, and just a few T stops to downtown Boston.
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Property History
Market Insights
47.8%
Price Range
67
Total Days on Market
2
Previous Sales
Property Timeline
Current Active Listing - MLS #73563651
Full transaction history available when tracking began
Currently Listed
Aug 14, 2026
$1,015,000
MLS #73563651 - Active
Sold
Jul 17, 2024
$879,000
Property sold
Days on Market: 67
Listed for Sale
Sep 12, 2023
$879,000
Original listing
Agent: Steven Cohen Team
Office: Keller Williams Realty Boston-Metro | Back Bay
Previous Transaction - MLS #72399732
Full transaction history available when tracking began
Previously Sold
Dec 20, 2018
$688,000
MLS #72399732
Previous Transaction - MLS #72009641
Full transaction history available when tracking began
Previously Sold
Sep 23, 2016
$530,000
MLS #72009641
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/14/2026 | 🏡 Currently Listed | $1,015,000 | - | - | MLS #73563651 - Active |
| 07/17/2024 | ✓ Sold | $879,000 | - | - | Property sold |
| 09/12/2023 | 🏠 Listed for Sale | $879,000 | - | - | Original listing |
| 12/20/2018 | 🏷️ Previously Sold | $688,000 | - | - | MLS #72399732 |
| 09/23/2016 | 🏷️ Previously Sold | $530,000 | - | - | MLS #72009641 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2023 | $8,279 | $770,900 |
Financial Details
Annual Property Tax
$8,279
Tax Year 2023
Assessed Value
$770,900
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1890
Living Area
2,579 sq ft
Lot Size
0.06 acres
Bedrooms
7
Full Baths
3
Half Baths
1
Total Rooms
13
Investment Metrics
Units
3
Unit 1 Rent
$1,800/mo · Y
Unit 2 Rent
$1,950/mo · N
Unit 3 Rent
$1,950/mo · N
Total Monthly Rent
$5,700/mo
Gross Income
$68,400
Net Operating Income
$68,400
Cap Rate
7.78%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
Mudroom
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Features
Paved Drive, Off Street
Total Spaces
3
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$8,279
Assessed Value
$770,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Units 1 And 2, Common Areas, And Exterior Have Notes Of Lead Compliance. Units 2 And 3 Are Taw, Unit 1 Is Bha Taw. Photos Are From Previous Tenants/before Fully Rented.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
67 days
Property Overview
Property Type
3 Family
Listing Type
Sold
Year Built
1890
Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,579 sq ft
Total Rooms
13
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Display Options
Outdoor Areas
Patio & porchDeck
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:
Appliances:
Interior Features:
Mudroom
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Frame
Roof:
Foundation:
Other
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off 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-
UP Academy Charter School of Dorchester
< 0.1 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-
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
C-
UP Academy Holland School
0.4 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
Compass School
0.5 mi
Grades PK-12
D
Greenwood Sarah K-8 School
0.6 mi
|
#334 of 352
|
Score: 27.2
Same rank as last year
-31 below state avg
357 students
Less Diverse
Grades PK-08
D
Mather Elementary School
0.7 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
C
Conservatory Lab Charter School
0.8 mi
|
#261 of 352
|
Score: 35.6
Dropped 4 spots from last year
-22.6 below state avg
454 students
Diverse
Grades PK-08
F
King Elementary School
0.8 mi
|
#823 of 824
|
Score: 22.7
Dropped 3 spots from last year
-35.6 below state avg
464 students
Diverse
Grades PK-06
C-
Codman Academy Charter Public School
0.8 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
0.8 mi
|
#335 of 352
|
Score: 27.1
Improved 8 spots from last year
-31.1 below state avg
551 students
Diverse
Grades PK-08
Middle Schools
10 schools
Epiphany School
0.6 mi
Grades 05-08
Dearborn Middle School
0.7 mi
A
Uncommon Schools - Roxbury Preparatory Dorchester Campus Middle School
0.8 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
Mother Caroline Academy
0.9 mi
Grades 05-08
F
Higginson/Lewis K-8 School
1.7 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
2.2 mi
Grades 05-08
Middle School Academy
2.5 mi
C
Ohrenberger School
4.9 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
0.7 mi
McCormack Middle
1.8 mi
High Schools
10 schools
B+
TechBoston Academy
1.1 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
1.3 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
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
B
Dearborn STEM Academy
1.9 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
1.9 mi
Grades 06-09
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
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
A-
O'Bryant School of Math & Science
2.4 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
2.8 mi
9 sports
• 430 athletes
Grades 07-12
A+
Boston Latin School
3.0 mi
|
#19 of 346
|
Score: 73.3
Improved 61 spots from last year
+15.1 above state avg
2,424 students
Very Diverse
18 sports
• 2,006 athletes
Strong AP Program
High Graduation Rate
Rising School
Strong Athletics
Grades 07-12
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Location
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Neighborhood
Dorchester's Fields Corner
1 Louis D Brown Way, Boston MA 02124
Boston, MA 02124
Listing Information
Listing Agent
Steven Cohen Team
Listing Office
Keller Williams Realty Boston-Metro | Back Bay
Office Phone
617-542-0012
Agent MLS ID
TM003012
Office MLS ID
BB5522
Listing Data Updated
Jul 26, 2024 11:20 AM 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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