Active
88 Days on market
97-103 University Rd Brookline — Photo 1 of 8

97-103 University Rd Brookline — Photo 1 of 8

Recent Drop: $400,000

$5,900,000
$5,500,000

$5,500,000

97-103 University Rd, Brookline, MA 02445

Brookline, MA 02445

Investor Analysis

Beds

12

Baths

7

SqFt

7,308

Style

Multi Family

Built

1900

Rare development opportunity in the heart of Brookline's coveted Washington Square neighborhood. Situated on University Road, 97 and 101-103 University are comprised of two abutting multifamily lots totaling 12,219 SF (approximately 6,000 SF each), with the ability to build three residential units on each lot by right. 6 Units total. OR ZBA-approved plans for a 9 Unit Development... past demo stay. Developers, investors, and end-users alike will appreciate the flexibility to develop the parcels separately or explore combining the lots for a larger-scale project. This property is offering a rare chance to capitalize on one of Greater Boston's most desirable and supply-constrained residential markets. No representations made by seller; buyer to perform their own due diligence. Email or Text me for more details.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$753/sqft
Local Avg (Brookline)$699/sqft
8% AboveMarket Average

* Analysis is based on 16 actively listed and recently sold comparable properties strictly within Brookline, MA.

Property Details

Financials

Original Price$5,900,000
Annual Taxes$9,999

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms27
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningM-1.0

Property & Lot

Acres0.28
SqFt Lot12,219
Lot FeaturesSloped

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • House of Worship

Geography

Property History

Price Drop
$5,500,000

Was $5,900,000

Jul 22, 2026

MLS® 73534622

Listed
$5,900,000

Jun 11, 2026

MLS® 73534622

Population

22,560

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

Median Household Income

$140K

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

Renter-Occupied Homes

47.9%

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: Eric Tam

Listing Office: Compass

MLS® Number: 73534622

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