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.
For sale
$2,399,999
8-12 Exchange Ct, Waltham, MA 02451
10beds
5,547sqft
5-9 Family
Built in 1880
-- sqft lot
$2,263,900 Zestimate®
$433/sqft
$-- HOA
What's special
Gas heatVinyl sidingOff-street parking
- 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
Video & virtual tour
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
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $2,399,999$433/sqft |
Source: MLS PIN #73567818 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






