Active
19 Days on market
487-489 Sumner Street Boston — Photo 1 of 40

487-489 Sumner Street Boston — Photo 1 of 40

Recent Drop: $100,100

$2,100,000
$1,999,900

$1,999,900

487-489 Sumner Street, Boston, MA 02128

Boston, MA 02128 — East Boston's Jeffries Point

Investor Analysis

Beds

7

Baths

5.5

SqFt

3,693

Style

4 Family - 4 Units Up/Down

Built

1889

Rare opportunity to own a distinctive 4-unit mixed-use property in the heart of Jeffries Point, offering three beautifully updated residential units plus a separately accessed commercial space. Rich in original architectural detail, the residential units blend timeless character with modern convenience, featuring soaring ceilings, classic woodwork, hardwood floors, bay windows, built-ins and ornamental fireplaces. Unit 1 offers 2 bedrooms and 1 full bath; Unit 2 features 2 bedrooms and 2 full baths; and Unit 3 offers 3 bedrooms and 2 full baths. Each residence features an updated kitchen and bath, in-unit laundry and thoughtfully preserved period details, while the additional full baths in Units 2 and 3 are brand new. The property also features new heating systems, central air conditioning and separately metered utilities, creating added efficiency and convenience for both ownership and management. The commercial unit has its own private entrance, providing additional flexibility and income potential. The seller also has condominium documents prepared for the property, offering a future owner the option to pursue individual condominium conversion if desired.Ideally situated just moments from Piers Park with sweeping Boston Harbor views, ferry service to downtown Boston, the sailing center, playground and waterfront walking paths. Enjoy nearby public tennis courts, the East Boston Greenway, access to Maverick Station, Logan Airport, restaurants, cafés and downtown Boston, with Constitution Beach just a short drive away. An exceptional opportunity for an investor, owner-occupant or developer seeking a well-located property with historic charm, updated interiors, multiple income streams and future condominium potential in one of East Boston’s most desirable neighborhoods.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$542/sqft
Local Avg (Boston)$571/sqft
5% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$2,100,000
Annual Taxes$6,102

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms22
Fireplaces3
FlooringWood, Tile, Hardwood
BasementFull, Interior Entry, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Forced Air, Heat Pump, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone
ZoningR3

Property & Lot

Acres0.04
SqFt Lot1,836
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer/Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Property History

Price Drop
$1,999,900

Was $2,100,000

Sep 11, 2026

MLS® 73567580

Listed
$2,100,000

Aug 24, 2026

MLS® 73567580

Listed
$649,900

Jul 28, 2026

MLS® 73555857

Population

43,345

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

Median Household Income

$90K

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

Renter-Occupied Homes

71.0%

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

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

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

Listing Provided By

Listing Agent: The Lopes Group

Listing Office: J. Barrett & Company

MLS® Number: 73567580

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