45 Grafton Street Arlington — Photo 1 of 42
$2,679,000
Investment Analysis — 45 Grafton Street
Arlington, MA 02474
Based on rent reported on the MLS listing, a 2-unit multi-family in 02474 carries $6,000/mo in gross rent — about a 1.67% cap rate and $44,721/yr in estimated NOI at the $2,679,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
6
SqFt
4,973
Style
2 Family - 2 Units Up/Down
Built
2026
Exceptional gut-renovated two-family in the heart of East Arlington! Rebuilt with quality craftsmanship and modern design, this turnkey property offers two stunning residences totaling 7 bedrooms, 6 bathrooms, and over 5,000 sq ft of beautifully finished living space. Unit 1 features 3 bedrooms, 3 full baths, an additional office/flex room, and over 2,400 sq ft. Unit 2 offers 4 bedrooms, 3 full baths, a luxurious primary suite, and a spectacular top-floor bonus space. Both units feature open-concept layouts, designer kitchens with quartz countertops and premium stainless steel appliances, spa-inspired bathrooms, wide-plank hardwood floors, custom millwork, private laundry, and front and rear balconies. Perfect for owner-occupants, multigenerational living, or investors seeking strong rental potential. Condominium documents, certified site plans, and related condo conversion work have already been completed and paid for, and will be provided to the buyer at no cost, offering exceptional flexibility for a future condo conversion. Ideally located just minutes from Arlington Center, Capitol Square, Alewife, Spy Pond, the Minuteman Bike Path, restaurants, parks, and Cambridge.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$2,679,000
Jul 30, 2026
MLS® 73556864
$1,385,000
Jul 30, 2026
MLS® 73556862
Listing Agent: Yuan Li
Listing Office: Yuan's Team Realty
MLS® Number: 73556864
