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For sale
  • $2,399,999

    8-12 Exchange Ct, Waltham, MA 02451

    10beds
    5,547sqft
    : 
    $14,436/mo
    Get pre-qualified
    5-9 Family
    Built in 1880
    -- sqft lot
    $2,263,900 Zestimate®
    $433/sqft
    $-- HOA

    What's special

    Gas heatVinyl sidingOff-street parking
    Rare opportunity to acquire 8-10-12 Exchange Court, an established downtown Waltham mixed-use income property combining multiple residential rental streams with a separate warehouse/storage tenancy. Tucked off Exchange Street yet only steps from Main Street, the Waltham Public Library and Moody Street's restaurants, shops and entertainment, the property offers the location and convenience that support lasting tenant demand. The Waltham MBTA Commuter Rail station is 0.5 mile away, with nearby bus service and convenient access to Route 20, Route 117, I-95/Route 128 and the Massachusetts Turnpike. The building reflects a varied residential mix that includes studio, one-bedroom and two-bedroom accommodations, plus a commercial warehouse rental. Several apartments were upgraded in July 2026 with fresh paint, new flooring or carpeting, and kitchen and bath improvements. The mix of smaller units, multi-bedroom apartments and warehouse income helps diversify revenue and offers greater leasing flexibility than a conventional small multifamily. Recent leasing activity across the upgraded apartments also provides current evidence of the location's appeal. Additional features include gas heat, city water and sewer, vinyl siding, asphalt roofing done in 2016 and off-street parking, all on a 9,695-square-foot parcel. This is a compelling opportunity to acquire meaningful income-producing scale in a highly connected Waltham location, with existing cash flow, recently improved units, multiple sources of income and a clear near-term path to higher gross revenue. Property is offered as-is. Buyer and buyer's agent must independently verify all information.
    5 days
    115
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Neu 617-684-5019,

    Advantage Property Team LLC 781-209-0888,

    Nicholas Neu 617-684-5019

    Source: MLS PIN,MLS#: 73567818

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Natural Gas
      Appliances
      • Included: Range, Refrigerator
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 5,547
      • Total interior livable area: 5,547 sqft
      • Finished area above ground: 5,547

      Property

      Parking
      • Total spaces: 10
      • Parking features: Off Street
      • Garage spaces: 1
      • Uncovered spaces: 9
      Lot
      • Size: 9,696 Square Feet
      • Features: Level
      Details
      • Parcel number: 836905
      • Zoning: RC

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 5-9 Family
      Materials
      • Foundation: Stone, Brick/Mortar
      • Roof: Shingle
      Condition
      • Year built: 1880

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University
      Location
      • Region: Waltham

      Financial & listing details

      • Price per square foot: $433/sqft
      • Tax assessed value: $1,602,200
      • Annual tax amount: $17,996
      • Date on market: 8/25/2026
      • Listing terms: Contract
      • Total actual rent: 17065

        Estimated market value

        $2,263,900

        $2.15M - $2.38M

        $3,983/mo

        Price history

        DateEventPrice
        8/25/2026Listed for sale$2,399,999$433/sqft
        Source: MLS PIN #73567818 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,508,200 +15.1%
        2024-- $1,309,900 +6.3%
        2023-- $1,232,400 +2.6%
        2022-- $1,201,000 +1.4%
        2021-- $1,184,800 +16%
        2020-- $1,021,800 +26.8%
        2019-- $805,600 +4.1%
        2018-- $773,500 +5.9%
        2017-- $730,300 +5%
        2016-- $695,700 +12.5%
        2015-- $618,500 -1.7%
        2011-- $628,900
        2010-- $628,900 -13.3%
        2009-- $725,100
        2008-- $725,100
        2007-- $725,100 +0%
        2006-- $724,800 +24.6%
        2005-- $581,900
        2004-- $581,900 +0.1%
        2003$5,619 $581,100 +34.2%
        2002-- $433,100 +44.3%
        2000-- $300,100 +31.4%
        1999-- $228,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 02451

        Getting around

        90 / 100
        Walker's Paradise
        43 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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