31 Franklin Ave, Chelsea MA 02150
Chelsea, MA 02150
$889,900
Est. $5,499/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.
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Open House Schedule
13
Sep
Sunday, September 13
11:00 AM - 12:30 PM EDT
12
Sep
Saturday, September 12
11:00 AM - 12:30 PM EDT
About this home
Welcome to 31 Franklin Ave, a spacious Chelsea two-family that was substantially rebuilt in 2012 following a fire, giving buyers the benefit of a much newer-feeling property within a classic multi-family setup. Each unit offers 3 bedrooms, 1 full bath, hardwood floors, central heat and air, generous living space, and open kitchen and dining areas. Both units will be delivered vacant, giving the next owner the flexibility to move right in, place their own tenants, or house hack from day one. With nearly 2,500 sq. ft. of living area, a full basement, city water and sewer, and convenient access to public transportation, shopping, highways and nearby amenities, this is a strong opportunity for both owner-occupants and investors looking for a well-maintained Chelsea two-family.
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Recently Sold Nearby
Property History
Market Insights
19.7%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Sep 9, 2026
$889,900
Original listing
Agent: The TrustPoint Group
Office: eXp Realty LLC - Corporate Office
Previous Transaction - MLS #72533739
Full transaction history available when tracking began
Previously Sold
Oct 1, 2019
$714,900
MLS #72533739
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | 🏠 Listed for Sale | $889,900 | - | - | Original listing |
| 10/01/2019 | 🏷️ Previously Sold | $714,900 | - | - | MLS #72533739 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,588 | $835,200 |
Financial Details
Annual Property Tax
$9,588
Tax Year 2026
Assessed Value
$835,200
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
2,486 sq ft
Lot Size
0.09 acres
Stories
2
Bedrooms
6
Full Baths
2
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Full, Unfinished
Laundry
Washer Hookup, Dryer Hookup
Features
Kitchen, Laundry Room, Living Rm/dining Rm Combo
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
On Street
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, Washer Hookup
Financial
Annual Tax
$9,588
Assessed Value
$835,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
First Floor Unit Is Currently Rented Taw. Both Units Will Be Delivered Vacant. Sale Is Part Of A 1031 Exchange.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
2
Living Area
2,486 sq ft
Total Rooms
12
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,486 sq ft above grade
Display Options
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
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Kitchen, Laundry Room, Living RM/Dining RM Combo
Windows:
Basement:
Full, Unfinished
Laundry:
Washer Hookup, Dryer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone, Brick/Mortar
Stories:
2
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Parking Features:
On Street
Nearby Schools
School District
Chelsea School District local
C-
School Safety
2024-25
5.2%
Above Average
2.9%
Suspensions
1.7%
In-School
2.3%
Emergency
0.3% below state avg
Elementary Schools
7 schools
St. Rose Elementary School
0.4 mi
Grades PK-08
Chelsea Virtual Learning Academy
0.4 mi
38 students
Less Diverse
College Ready Curriculum
Grades K-12
B+
William A Berkowitz Elementary School
0.7 mi
|
#287 of 825
|
Score: 51.1
Improved 1 spots from last year
-7.1 below state avg
428 students
Less Diverse
Grades 01-04
B
Edgar A Hooks Elementary School
0.7 mi
|
#409 of 825
|
Score: 47.5
Improved 97 spots from last year
-10.7 below state avg
406 students
Less Diverse
Rising School
Grades 01-04
C
Frank M Sokolowski Elementary School
0.7 mi
|
#664 of 825
|
Score: 37.7
Improved 45 spots from last year
-20.5 below state avg
430 students
Less Diverse
Rising School
Grades 01-04
C
George F. Kelly Elementary School
0.7 mi
|
#647 of 825
|
Score: 38.4
Improved 183 spots from last year
-19.8 below state avg
471 students
Less Diverse
Rising School
Grades 01-04
Shurtleff Early Childhood School
0.7 mi
769 students
Less Diverse
Grades PK-01
Middle Schools
3 schools
D
Clark Avenue School
0.3 mi
|
#329 of 352
|
Score: 28.2
Improved 32 spots from last year
-30 below state avg
641 students
Less Diverse
Rising School
Grades 05-08
C-
Joseph A. Browne School
0.5 mi
|
#285 of 352
|
Score: 33.1
Improved 61 spots from last year
-25.2 below state avg
501 students
Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.5 mi
|
#9 of 16
|
Score: 30.0
Improved 348 spots from last year
-28.2 below state avg
418 students
Less Diverse
Rising School
Grades 05-08
High Schools
3 schools
Seaport Academy School
1.1 mi
Grades 07-12
C
Chelsea Opportunity Academy
0.4 mi
|
#294 of 346
|
Score: 59.3
Same rank as last year
115 students
Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.4 mi
|
#284 of 346
|
Score: 43.0
Improved 24 spots from last year
-15.2 below state avg
1,532 students
Less Diverse
12 sports
• 796 athletes
Early College Program
Rising School
College Ready Curriculum
Grades 09-12
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Loan Amount
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Total Interest
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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
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Property Tax
$799
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
31 Franklin Ave, Chelsea MA 02150
Chelsea, MA 02150
Listing Information
Listing Agent
The TrustPoint Group
Listing Office
eXp Realty LLC - Corporate Office
Office Phone
888-854-7493
Agent MLS ID
TM362808
Office MLS ID
AC0342
Listing Data Updated
Sep 9, 2026 3:05 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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