
245-247 Newport Ave Quincy — Photo 1 of 19
Recent Drop: $850,000
$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
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Quincy, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Golf • Medical Facility • Laundromat
Geography
Property History
$1,330,000
Was $1,370,000
Jul 23, 2026
MLS® 73544008
$1,370,000
Was $2,180,000
Jul 8, 2026
MLS® 73544008
$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 Agent: Christine Xie
Listing Office: Denkar Realty Group
MLS® Number: 73544008
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