Active
70 Days on market
245-247 Newport Ave Quincy — Photo 1 of 19

245-247 Newport Ave Quincy — Photo 1 of 19

Recent Drop: $850,000

$2,180,000
$1,330,000

$1,330,000

245-247 Newport Ave, Quincy, MA 02170

Quincy, MA 02170

Beds

7

Baths

4

SqFt

3,305

Style

4 Family

Built

1900

Location! Location! Location! Excellent investment opportunity in the heart of Wollaston! This well-maintained multi-family property is available for purchase individually or together with the adjacent property for $2.18M. Just a 2-minute walk to the Wollaston T Station, offering exceptional commuter convenience and strong rental demand. The property features three 2-bedroom units plus a 1-bedroom basement unit, totaling four legal rental units with excellent income potential. Recent updates include a new electrical system (2024), electric heating conversion (2024–2025), updated flooring, and ample parking. Conveniently located near shopping, restaurants, and major highways, this is a rare opportunity to own an income-producing property in one of Wollaston's most desirable locations. The adjacent property is also available, offering the potential to create a six-unit investment portfolio.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$402/sqft
Local Avg (Quincy)$432/sqft
7% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Quincy, MA.

Property Details

Financials

Original Price$2,180,000
Annual Taxes$10,902

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms20
FireplacesNone
FlooringWood, Tile, Vinyl, Laminate, Hardwood
BasementFull, Partially Finished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningBUSB

Property & Lot

Acres0.11
SqFt Lot5,000
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Golf • Medical Facility • Laundromat

Geography

Property History

Price Drop
$1,330,000

Was $1,370,000

Jul 23, 2026

MLS® 73544008

Price Drop
$1,370,000

Was $2,180,000

Jul 8, 2026

MLS® 73544008

Listed
$2,180,000

Jul 1, 2026

MLS® 73544008

Population

18,809

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$104K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

46.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Norfolk County

1,189 housing units permitted in the last 12 months (+21% vs the prior 12 months) — 706 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Christine Xie

Listing Office: Denkar Realty Group

MLS® Number: 73544008

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