Active
32 Days on market
40 Columbus St Newton — Photo 1 of 40

40 Columbus St Newton — Photo 1 of 40

Recent Drop: $304,000

$2,299,000
$1,995,000

$1,995,000

40 Columbus St, Newton, MA 02461

Newton, MA 02461 — Newton Highlands

Investor Analysis

Beds

8

Baths

4

SqFt

5,674

Style

Multi Family

Built

1869

Exceptional redevelopment opportunity in desirable Newton Highlands! Situated on a generous 13,284 Sq Ft lot in an SR2 zoning district, this large Victorian Italianate , multi family, originally built as a single family home offers tremendous potential for contractors, builders, investors & developers. Used as a 3 unit multi for many years the existing structure features 8+ BRs, 4 full baths, 10 ft ceilings, & large rooms. Built in 1869, restore, reimagine, or explore redevelopment possibilities in an A++ location! Conveniently located close to village amenities, transportation, parks & major routes, this home is being sold "As Is". Seller makes no representations or warranties regarding the condition, use, zoning, occupancy, permits or development potential of the property. Buyers and buyers agents must perform their own due diligence & verify all information independently. This is a rare opportunity to unlock value in 1 of Newton's most sought after locations. Judy and Anne are available to schedule an appointment for buyers to view this home at a buyer's convenience.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$352/sqft
Local Avg (Newton)$545/sqft
35% BelowMarket Average

* Analysis is based on 18 actively listed and recently sold comparable properties strictly within Newton, MA.

Property Details

Financials

Original Price$2,299,000
Annual Taxes$25,996

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms16
FireplacesNone
FlooringVinyl, Carpet, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingSteam, Oil
CoolingNone, Window Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Slate
FoundationStone
ZoningSR2

Property & Lot

Acres0.3
SqFt Lot13,284
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer • Microwave

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Highway Access

Geography

Property History

Price Drop
$1,995,000

Was $2,299,000

Sep 8, 2026

MLS® 73561961

Listed
$2,299,000

Aug 11, 2026

MLS® 73561961

Population

6,975

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

Median Household Income

$224K

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

Renter-Occupied Homes

23.8%

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

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

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

Listing Provided By

Listing Agent: Judy Korzenowski

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73561961

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