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For sale
    • $799,000

    116 Derby Rd, Revere, MA 02151

    3beds
    1,878sqft
    : 
    $5,016/mo
    Get pre-qualified
    2 Family - 2 Units Up/Down
    Built in 1929
    -- sqft lot
    $789,700 Zestimate®
    $425/sqft
    $-- HOA

    What's special

    Convenient in-unit laundry
    Two-Family Investment Opportunity with Double Lot Potential! High-performing asset, perfect for savvy investors looking for immediate cash flow or owner-occupants. This property currently generates a steady $5,400/month, offering turn-key addition to your portfolio. This rare double lot, offers incredible potential for Accessory Dwelling Unit (ADU)—buyers to do due diligence regarding zoning and buildability. Unit 1 (first floor) features a bright, flexible 2 bedroom layout, an updated Kitchen (2019) with granite countertops, convenient in-unit laundry, and direct access to a large, shared back deck and yard. Unit 2 (second floor) features completely renovated Kitchen and Bathroom (2022), 1 Bedroom and 1 Office that has the potential to become a bedroom. Updates: 200 Amp Electric Panel (2023). Massive storage with full-size basement. Remaining 12-month lease in place for Unit 1 (July 2027). Remaining 11-month lease in place for Unit 2 (June 2027). Some photos may be virtually enhanced.
    48 days
    |
    1,157
    |
    59
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Chelsey Gallo 228-257-9467,

    Lamacchia Realty, Inc. 781-917-0491,

    Chelsey Gallo 228-257-9467

    Source: MLS PIN,MLS#: 73541931

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Oil, Natural Gas
      Features
      • Storage
      • Flooring: Tile, Hardwood
      • Basement: Walk-Out Access,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,878
      • Total interior livable area: 1,878 sqft
      • Finished area above ground: 1,878
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Paved Drive, Off Street, Paved
      • Uncovered spaces: 3
      Features
      • Patio & porch: Deck
      • Exterior features: Rain Gutters, Garden
      • Fencing: Fenced
      • Waterfront features: 0 to 1/10 Mile To Beach, Beach Ownership(Public)
      Lot
      • Size: 6,560 Square Feet
      Details
      • Parcel number: M:28 B:438K L:23,1379146
      • Zoning: RB

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 2 Family - 2 Units Up/Down
      Materials
      • Conventional (2x4-2x6)
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Year built: 1929

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Gas Range, for Gas Oven

      Community & HOA

      Community
      • Features: Public Transportation, Park, Highway Access, House of Worship, Public School, T-Station
      Location
      • Region: Revere

      Financial & listing details

      • Price per square foot: $425/sqft
      • Tax assessed value: $660,100
      • Annual tax amount: $5,987
      • Date on market: 6/25/2026
      • Total actual rent: 5400

        Estimated market value

        $789,700

        $750,000 - $829,000

        $3,109/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$799,000+17.5%$425/sqft
        Source: MLS PIN #73541931 Report a problem
        7/29/2022Sold$680,000-5.5%$362/sqft
        Source: MLS PIN #72993743 Report a problem
        6/17/2022Contingent$719,900$383/sqft
        Source: MLS PIN #72993743 Report a problem
        6/7/2022Listed for sale$719,900$383/sqft
        Source: MLS PIN #72993743 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,987 -1%$660,100 -0.6%
        2024$6,049 +5.7%$664,000 +10.3%
        2023$5,724 -0.2%$601,900 +9.2%
        2022$5,734 +2.1%$551,300 +8.5%
        2021$5,618 +10.7%$508,000 +2.6%
        2020$5,073 -5.2%$495,300 +12%
        2019$5,354 +2.2%$442,100 +9.4%
        2018$5,238 +4.4%$404,200 +12.7%
        2017$5,020 +20.6%$358,800 +24.5%
        2016$4,163 -2.4%$288,100
        2015$4,264 +5.6%$288,100 +10.9%
        2014$4,038 +3.6%$259,700 +3.6%
        2013$3,899 +3.2%$250,600
        2012$3,777 +4.7%$250,600 +0.3%
        2011$3,607 +2.7%$249,800 -4.9%
        2010$3,512 -9.7%$262,700 -24.1%
        2009$3,889 +0.5%$346,300 -9.3%
        2008$3,870 $382,000
        2007$3,870 +3.7%$382,000 +3.7%
        2006$3,731 +6.2%$368,300 +6.2%
        2005$3,514 +19.2%$346,900 +66.5%
        2004$2,947 +4.2%$208,300
        2003$2,829 +5.4%$208,300
        2002$2,685 +16.1%$208,300 +54.2%
        2000$2,313 $135,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 02151

        Getting around

        73 / 100
        Very Walkable
        48 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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