Allston, MA Multi-Family Homes for Sale (2-4 Units)

Allston's multi-family homes sit in one of Boston's busiest rental areas, surrounded by Boston University, Harvard's Allston campus, and easy transit to downtown. For buyers who want to live in one unit and rent the rest, or build a rental portfolio, it's a neighborhood worth a close look.

What You'll Find

Most Allston multi-families are two- and three-family homes built between the 1880s and early 1900s. Two-families come in both up-and-down and side-by-side layouts, and many three-families stack one unit per floor. More than half of recent listings include off-street parking, which is a real advantage in this part of the city. Many are sold with tenants in place.

What Multi-Families Cost

Recent two- to four-family listings have ranged from about $1.3 million to $2.7 million. Two-families have typically listed around $1.55 million, and three-families around $2 million. Ask for current leases and a rent roll with every property you consider.

What to Check Before You Buy

Since most of these homes are over a century old, pay close attention to the roof, heating systems, electrical, and porches during inspection. Boston requires rental units to be registered with the city, and it also limits how many undergraduate students can share one unit, so check current city rules before you plan your rentals. If you'll live in one unit, talk with a lender about owner-occupant financing for 2-4 unit homes.

Why Buyers Choose Allston Multi-Families

Buyers choose Allston multi-families for steady rental demand from students, university staff, and young professionals, along with Green Line access and a location minutes from Cambridge and downtown.

Frequently Asked Questions

Can I live in one unit and rent the others?
Yes. Many buyers do, and owner-occupant loans can be used for 2-4 unit homes. A lender can confirm the requirements.

Do Allston multi-families come with tenants?
Many do. Existing leases usually stay in place after the sale, so review each one with your attorney before closing.

Do these homes have parking?
More than half of recent listings include off-street parking. Confirm the number of spaces in each listing.

Are there rules for renting to students?
Yes. Boston limits how many undergraduates can live in one unit. Check the City of Boston's website for current rules.

Tour Allston Multi-Families with Fawaad

Thinking about an Allston investment property? Contact Fawaad Qamar at (774) 225-8916 or fawaadq@gmail.com, or use the form below. You can also explore all Allston homes for sale.

Allston Multi-Family Homes for Sale

$2,299,000

11 Beds ⋅ 4 Baths ⋅ 73592017 MLS

Turnkey, fully-leased three-family in the heart of Allston - one of Boston’s most durable student and young-professional rental corridors. All three units are leased through 8/31/2027 at a combined $13,100/month ($157,200 gross), delivering stabilized in-place income from day one.Unit mix: one oversized duplex 5BR/2BA + two 3BR/1BA apartments. The property sits steps from Harvard Avenue, Boston University, Harvard’s Allston campus, the Green Line (B) at Packard’s Corner, and multiple bus routes.Capital improvements within the past three years include renovated kitchens and baths, sanded and refinished hardwood floors throughout, a new rubber roof with commercial gutters draining to a drywell, and front porch. Each unit features large closets and generous storage. Separately metered for electric and gas (tenant-paid); owner pays water. Hi efficiency, gas on demand Rinnai HW heaters. Coin-operated laundry provides additional income.Classic Allston triple-decker, approximately 3,285 SF on an R-3 lot with low maintenance vinyl siding. A rare mix of contracted income, fresh interiors, and A+ location. Buyer to perform independent due diligence. APOD available on request.

24 Farrington Ave, Boston

Listing courtesy of Listing Agent: Connor Nelson from Listing Office: Jacob Realty, LLC.

$1,399,000

7 Beds ⋅ 3 Baths ⋅ 73589701 MLS

Fantastic multi-family investment or owner-occupant opportunity! This well-maintained up/down two-family property offers incredible versatility and strong income potential in a prime location. Unit 1 features 5 rooms, 2 bedrooms, and 1 full baths, currently rented at $3,100/month. The spacious Unit 2 spans two levels with 9 rooms, 5 bedrooms, and 2 full baths, currently rented at $4,500/month. Additional highlights include an unfinished basement with great storage/expansion potential, a paved driveway with ample off-street parking, and a convenient location close to local amenities, shopping, parks, and major highways. Don't miss this rare chance to add a high-performing asset to your portfolio!

39-41 Westford St., Boston

Listing courtesy of Listing Agent: Property Cousins from Listing Office: Serhant.

$1,550,000

12 Beds ⋅ 4 Baths ⋅ 73588437 MLS

PRICE IMPROVEMENT! Now offered at $1,550,000, just $387,500 per unit. Calling all contractors, developers, and value-add investors! 32-34 Linden Street is a large, legal four-family building in one of Allston’s most consistently in-demand rental pockets, just steps from Boston University. Legal 4-families in this location rarely come to market, and at this new price, the numbers work for the investor with vision. With three of the four units vacant and one occupied, the building is ready for a buyer to get to work right away, whether that means a full renovation or a phased repositioning. Bring your vision and your crew to transform four units in a neighborhood with reliable rental demand from students and young professionals, where quality housing is scarce and renovated units command top-of-market rents. The location speaks for itself, with easy access to BU, the Green Line, Commonwealth Avenue, the shops and restaurants of Harvard Ave and Brighton Ave, and quick routes to downtown, Cambridge, and the Longwood Medical Area. Don’t miss this one at the new price! Sold as-is; buyers to perform their own due diligence.

32-34 Linden St, Boston

Listing courtesy of Listing Agent: Matt Gorman from Listing Office: EDGE Realty Advisors.

$1,850,000

13 Beds ⋅ 6 Baths ⋅ 73580678 MLS

**The closest house to Boston University on Ashford Street!** This exceptionally well-located investment property has delivered 0% vacancy since its purchase more than 15 years ago, demonstrating the strength and consistency of the BU student rental market. Approximately 4,000 SF of living space plus a ** fully finished basement **, the property offers an updated, investor-friendly layout with modern kitchens and bathrooms and an open-concept kitchen/living area that continues to appeal to the highly sought-after student rental demographic. Just seconds from BU and within approximately 200 yards of restaurants, supermarkets, nightlife, and everyday conveniences, the location supports strong annual rental demand with the highly desirable September 1st leasing cycle. With the Rail Line redevelopment behind Pratt Street underway, this already premier location is positioned to benefit from continued investment and increased demand in the surrounding area. A compelling opportunity for investors seeking a proven rental property in one of Boston's most consistently desirable student housing markets.

74 Ashford St, Boston

Listing courtesy of Listing Agent: from Listing Office: Block Realty.

$1,450,000

9 Beds ⋅ 4 Baths ⋅ 73580441 MLS

Discover a unique opportunity at 20-22 Alcott Street, Allston, MA, a substantial multi-family property offering 3295 square feet of living space across three distinct stories. Conveniently located near Harvard Square and downtown Allston and close to public transportation, the Mass Pike and Storrow Drive.This property presents a versatile canvas for various living arrangements, offering both privacy and proximity within a vibrant urban setting. With a total of 4 bedrooms in unit 1 and 5 bedrooms in unit 2, this residence provides ample private space for residents and guests alike. Each bedroom offers a comfortable retreat, designed to accommodate diverse lifestyles and needs. The property features four full bathrooms, 2 in each unit, thoughtfully distributed to serve the multiple living areas. These well-appointed spaces ensure convenience and comfort for all occupants. This expansive multi-family property, with its nine bedrooms and four full bathrooms spread across 3295 square feet and three stories, offers a compelling opportunity for discerning buyers seeking flexibility and space in Boston.

20-22 Alcott Street, Boston

Listing courtesy of Listing Agent: Joseph A. Ciliberti from Listing Office: Brighton Realty.

$2,400,000

11 Beds ⋅ 7 Baths ⋅ 73578960 MLS

Investor alert! 5.6% cap rate on a fully leased, well positioned asset! Bring your smart investors or 1031 buyers to this solid investment in a sought after location with consistent rental history and high demand for housing. Renovated less than five years ago, this three family boasts two 4 bedroom units and one 3 bedroom unit, each with their own private entrance. Gleaming white kitchens with stainless steel appliances including dishwasher, disposal and stone countertops complemented by stylish tiled baths. All units have oak hardwood flooring and abundant windows, allowing these attractive homes to stream with light. All units also feature in unit washer and dryer and central air conditioning, checking off the desirability list for renters and allowing you to be successful with full occupancy. Front porch, large rear deck and spacious yard. Separate utilities, including individually metered water and sewer keep owner costs down. Ideally situated on a quiet side street just moments from the shops, restaurants, and amenities of the North Beacon Street commercial district, with convenient proximity to the vibrant Boston Landing district, offering commuter rail access, dining, retail, entertainment, fitness and recreation.. Excellent access to downtown Boston as well as the area’s many hospitals and universities further enhances the location. This is a superb opportunity for you to invest funds in a solid asset with first rate growth opportunities.

11-15 Pomeroy St, Boston

Listing courtesy of Listing Agent: Sarah Glovsky from Listing Office: The Charles Realty.

$1,950,000

8 Beds ⋅ 5 Baths ⋅ 73571926 MLS

Turnkey, fully leased and very well kept Brick, 1982 build with many newer mechanicals and 12 off street parking spaces. Convenient prime location in the heart of Allston, right off North Harvard Street surrounded by Harvard University owned properties, many shops, restaurants, and all the amenities of city living, including easy access to the MBTA: Commuter rail at Boston Landing, 66 bus to Harvard Square, and the Red Line. The meticulously and professionally maintained building consists of 8 bedrooms, 5 full baths split between 3 units. 2 of the rents are below market and could generate an additional 900-1000/mo. The owner pays for water, sewer, and landscape. Tenant pays all separately metered utilities. Coin op-Washer & Dryer in the basement. If you are looking for a Solid income producing asset that is completely Turnkey you have found it.

12 Rena, Boston

Listing courtesy of Listing Agent: Christopher Gentile from Listing Office: RTN Realty Advisors LLC..

$2,050,000

12 Beds ⋅ 5 Baths ⋅ 73571383 MLS

Large side by side two family home sits on the quiet street at desirable location in Allston. Each unit has six bedrooms and two full bathrooms. In each unit, the first floor has large dinning room and living room, eat in kitchen, one full bathroom and a front porch; The second floor has four bedrooms and one full bathroom; The third floor has two bedrooms and an attic storage space. Separated basements in building provides plenty of storage space in each unit. Newer heating system installed in 6 Imrie unit. A two-car garage and driveway on 6 Imrie side, and an one-car garage and driveway on 8 Imrie side, the total space allows up to ten car parking. Separated water meters and electric/gas readings in each unit. Large outdoor deck in the backyard shared with both units. Close to public transportation, commuter rail, park, shops, and restaurants. Solid rental history. A great investment opportunity with lots of potentials.

6-8 Imrie Rd, Boston

Listing courtesy of Listing Agent: Victor Lu from Listing Office: V & E Realty.

$1,995,000

9 Beds ⋅ 3 Baths ⋅ 73568882 MLS

Lower-Allston GEM! A rare opportunity to acquire an immaculate 3-family property offering ample parking with two separate driveways, a private fenced-in yard with irrigation, and newer composite decking, siding, and rubber roof for low maintenance ownership—all in one of Boston’s most desirable rental and investment markets. Each separately metered unit features a spacious 5-room layout with 3 bedrooms and 1 bath, fully applianced eat-in kitchens with granite countertops, walk-in pantries, large tiled bathrooms, recessed lighting, hardwood flooring, and high ceilings throughout. Units 1 and Unit 2 are leased providing $78,000 gross rental income, while Unit 3 offers an ideal opportunity for an owner-occupant. Coin-op laundry provides additional rental income, and large private storage rooms provide optional washer and dryer hook ups. Prime location on a tree-lined street near the Cambridge line, Harvard expansion, Boston Landing, shops, restaurants, and quick commuter access to major routes in this rapidly evolving neighborhood. Pride of ownership throughout, under the same ownership for nearly 50 years—truly a rare offering!

93 Easton Street, Boston

Listing courtesy of Listing Agent: Andrew DiDuca from Listing Office: RE/MAX Select Realty.

$1,590,000

8 Beds ⋅ 3 Baths ⋅ 73565314 MLS

Investors: Turnkey 10%+ Cap Potential in the Heart of Allston. Discover a high-yield powerhouse just minutes from Allston Village and HBS. This well maintained two-family is a rare "buy-and-hold" gem. The first floor features a spacious, updated 2BR/1BA, while the massive second unit is currently optimized as a 6BR/2BA rental machine. Current monthly income is $9,700 but with a projected rent of $13,000, the growth is built-in. The expansive basement offers a blueprint for a future 3-bedroom unit (drawings available) for an additional $3,000/month in cash flow. Hardwood floors throughout, updated kitchens/baths, newer heating systems, and a large fenced backyard. Prime Location: 5-minute walk to the B-Line, easy Mass Pike access, and close to Allston’s best dining

36 Gordon Street, Boston

Listing courtesy of Listing Agent: Rubee Hans from Listing Office: Beljen Properties.

$1,499,000

7 Beds ⋅ 4 Baths ⋅ 73561037 MLS

Prime Lower Allston Two-Family Investment Opportunity63 Coolidge Rd is a well-located two-family residence on a quiet residential street in Lower Allston, offering excellent proximity to major university hubs and convenient transportation.The approximately 1,200 sq ft lower unit features 3 bedrooms and 2 bathrooms in a Philadelphia-style layout, including a primary suite on the second floor. The approximately 1,600 sq ft upper unit spans two levels and offers 4 bedrooms and 2 bathrooms.Both units have benefited from kitchen and bathroom renovations within the past five years, along with the addition of in-unit laundry. Current rents are $3,200/month for the lower unit and $4,400/month for the upper unit, providing strong existing rental income.There may also be an opportunity to finish the basement and add approximately 900 sq ft to the lower unit, creating additional potential for value and income.The property is located less than one mile from Harvard Business School, less than 1.5 miles from Harvard Square and Boston University, and just one block from the 66 bus stop. Convenient access to the Massachusetts Turnpike and Storrow Drive further enhances the location.An attractive opportunity for investors, owner-occupants, and developers seeking a well-positioned multifamily property with current rental income and future expansion potential.

63 Coolidge Rd, Boston

Listing courtesy of Listing Agent: Nathan Long from Listing Office: Coldwell Banker Realty - Cambridge.

$4,975,000

17 Beds ⋅ 12 Baths ⋅ 73559633 MLS

BRAND NEW APARTMENT BUILDING FOR SALE OFF COMM AVE - Turnkey/Condo quality 7 unit building located in a prime Allston location. approx $355,320 Gross income through 8/31/26. Tremendous upside potential in the rents! Brand new utilities, a full sprinkler system, new energy efficient windows, designer Kitchens & Bathrooms, Gleaming New Hardwood flooring. Brand New Gas HVAC and separate water meters (Tenants pay all utilities including water and sewer). The property is located in between Boston College, Boston University, Saint Elizabeth's Medical Center, New Balance Headquarters as well as the ever-expanding Boston Landing mixed-use project. The subject property sits just 200 feet from the Warren Street Station on the Green Line which allows tenants easy access to all of Boston. Pro-forma & floor plans available upon request.

104-106 Warren, Boston

Listing courtesy of Listing Agent: Sean Rose from Listing Office: City Realty Group.

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