Sold for $1,440,000

$1,440,000

32 Forbes St, Jamaica Plain, MA 02130

7beds

3,089sqft

3 Family

Built in 1910

-- sqft lot

$1,459,500 Zestimate^®

$466/sqft

$3,368 Estimated rent

Home value

$1,459,500

$1.30M - $1.63M

$3,368/mo

Zestimate^® history

Owner options

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$3,368/mo

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$3,368/mo

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$6,868/mo

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$6,868/mo

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What's special

Hardwood floorsTwo tandem parking spacesLaundry in the basement

Prime investment opportunity in the heart of Jamaica Plain. 32 Forbes Street is a well-maintained three-family offering stable income, long-term upside, and an unbeatable location. Unit 1 spans the first floor and lower level with 3 bedrooms and 1 bath, while Units 2 and 3 each offer 2 bedrooms, an office, and 1 bath in bright, efficient layouts with strong rental appeal. Units 1 and 2 are tenant-occupied on leases; Unit 3 will be delivered vacant. Features include hardwood floors, laundry in the basement, and two tandem parking spaces. Separate utilities for each unit provide ease of management and lower owner expenses. Tenants enjoy easy access to the Stonybrook MBTA, Longwood Medical Center, Southwest Corridor Park, and JP’s shops and cafés—ensuring consistent demand and low vacancy. A turnkey asset with strong cash flow and future value-add potential in one of Boston’s most resilient rental markets.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Baseboard

Features

Living Room, Kitchen
Flooring: Hardwood
Basement: Full,Walk-Out Access,Concrete
Has fireplace: No

Interior area

Total structure area: 3,089
Total interior livable area: 3,089 sqft
Finished area above ground: 3,089

Property

Parking

Total spaces: 2
Parking features: Paved Drive, Off Street
Uncovered spaces: 2

Lot

Size: 2,438 Square Feet

Details

Parcel number: 1349681
Zoning: 3F-5000

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Foundation: Stone
Roof: Rubber

Condition

Year built: 1910

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Public School, T-Station, University

Location

Region: Jamaica Plain

Financial & listing details

Price per square foot: $466/sqft
Tax assessed value: $1,245,000
Annual tax amount: $14,549
Date on market: 12/31/2025
Total actual rent: 9100

Price history

Date	Event	Price
1/8/2026	Sold	$1,440,000-0.7%$466/sqft
Source: MLS PIN #73451595 Report a problem
11/21/2025	Contingent	$1,450,000$469/sqft
Source: MLS PIN #73451595 Report a problem
11/5/2025	Listed for sale	$1,450,000+150%$469/sqft
Source: MLS PIN #73451595 Report a problem
7/22/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
7/2/2021	Listed for rent	$2,825+25.6%$1/sqft
Source: Zillow Rental Manager Report a problem
10/29/2017	Listing removed	$2,250$1/sqft
Source: Zillow Rental Manager Report a problem
9/24/2017	Price change	$2,250-9.8%$1/sqft
Source: Zillow Rental Manager Report a problem
8/13/2017	Price change	$2,495-4%$1/sqft
Source: Zillow Rental Manager Report a problem
8/2/2017	Listed for rent	$2,600+36.8%$1/sqft
Source: Zillow Rental Manager Report a problem
10/31/2014	Listing removed	$1,900$1/sqft
Source: Arborview Realty Report a problem
10/7/2014	Price change	$1,900-2.6%$1/sqft
Source: Arborview Realty Report a problem
9/8/2014	Price change	$1,950-2.5%$1/sqft
Source: Arborview Realty Report a problem
8/15/2014	Listed for rent	$2,000$1/sqft
Source: Postlets Report a problem
4/7/2006	Sold	$580,000+66.7%$188/sqft
Source: Public Record Report a problem
12/20/2001	Sold	$348,000+3380%$113/sqft
Source: Public Record Report a problem
10/28/1996	Sold	$10,000$3/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,417 +10.9%	$1,245,000 +4.4%
2024	$13,002 +4.5%	$1,192,800 +3%
2023	$12,438 +6.6%	$1,158,100 +8%
2022	$11,667 +7.1%	$1,072,300 +5%
2021	$10,896 +1.4%	$1,021,200 +0.3%
2020	$10,747 +10.2%	$1,017,700 +10%
2019	$9,754 +8.6%	$925,400 +8%
2018	$8,979 +356.5%	$856,800 +12%
2017	$1,967 -75%	$765,200 +7%
2016	$7,867 +14.2%	$715,200 +25.8%
2015	$6,887 +9.9%	$568,700 +14.1%
2014	$6,269 +1.5%	$498,300 +6%
2013	$6,177 +3.5%	$470,100 +2.7%
2012	$5,968 +1.9%	$457,700
2011	$5,854 +6.6%	$457,700 -1%
2010	$5,493 +3.5%	$462,400 -7.4%
2009	$5,306 -7.7%	$499,200 -4.8%
2008	$5,749 -4.2%	$524,100 -4%
2007	$5,999	$545,900