2 Derne Street is a rare six-unit brick multifamily investment opportunity in a trophy Beacon Hill location directly across from the Massachusetts State House. The property consists of five well-renovated one-bedroom residential apartments, all fully occupied on annual leases providing stabilized in-place income, along with one ground-floor commercial unit (identified as 45-B Bowdoin Street) offered vacant for maximum flexibility to lease, reposition, or owner-occupy. Units throughout present very well, with select spaces still offering value-add upside for further rent growth. Ideally situated just steps from Boston Common, Charles Street's shops and restaurants, MGH, Downtown Boston, and the Financial District, with immediate access to MBTA Red and Green Line service, 2 Derne Street offers investors a rare combination of classic Beacon Hill architecture, dependable cash flow, and long-term upside in one of Boston's most enduringly desirable neighborhoods
For sale
$3,299,000
2 Derne St, Boston, MA 02114
5beds
3,750sqft
5-9 Family
Built in 1899
-- sqft lot
$-- Zestimate®
$880/sqft
$-- HOA
What's special
Classic beacon hill architectureGround-floor commercial unitSix-unit brick multifamily
- 1 day |
- 205 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Daniel Alper 617-768-7333,
Boston Realty Advisors 617-375-7900
Source: MLS PIN,MLS#: 73547124
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Wood, Tile, Varies
- Windows: Storm Window(s)
- Basement: Full,Finished,Walk-Out Access,Interior Entry
- Number of fireplaces: 3
Interior area
- Total structure area: 3,750
- Total interior livable area: 3,750 sqft
- Finished area above ground: 3,750
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
- Exterior features: Decorative Lighting
- Has view: Yes
- View description: City View(s), City
Lot
- Size: 900 Square Feet
- Features: Corner Lot
Details
- Zoning: 9
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Brick
- Foundation: Other
- Roof: Other
Condition
- Year built: 1899
Utilities & green energy
- Electric: Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, T-Station, University, Sidewalks
Location
- Region: Boston
Financial & listing details
- Price per square foot: $880/sqft
- Tax assessed value: $9
- Annual tax amount: $9
- Date on market: 7/9/2026
- Total actual rent: 17250
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $3,299,000$880/sqft |
Source: MLS PIN #73547124 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Beacon Hill
Nearby schools
GreatSchools rating
- 8/10Eliot K-8 Innovation SchoolGrades: PK-8Distance: 0.7 mi
- NABoston Adult AcademyGrades: 11-12Distance: 0.8 mi
- 7/10Josiah Quincy Elementary SchoolGrades: PK-5Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.







