Exceptional redevelopment opportunity in desirable Newton Highlands! Situated on a generous 13,284 Sq Ft lot in an SR2 zoning district, this large Victorian Italianate , multi family home offers tremendous potential for contractors, builders, investors & developers. Used as a 3 unit multi for many years the existing structure features 8+ BRs, 4 full baths, 10 ft ceilings, & large rooms. Built in 1869, restore, reimagine, or explore redevelopment possibilities in an A++ location! Conveniently located close to village amenities, transportation, parks & major routes, this home is being sold "As Is". Seller makes no representations or warranties regarding the condition, use, zoning, occupancy, permits or development potential of the property. Buyers and buyers agents must perform their own due diligence & verify all information independently. This is a rare opportunity to unlock value in 1 of Newton's most sought after locations. Judy is able to schedule an appointment for buyers to view this home at a buyer's convenience.
For sale
$2,299,000
40 Columbus St, Newton, MA 02461
8beds
5,674sqft
:
Get pre-qualified$13,529/mo
Multi Family
Built in 1869
-- sqft lot
$2,225,800 Zestimate®
$405/sqft
$-- HOA
What's special
Large rooms
- 4 days |
- 585 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Judy Korzenowski 617-947-9003,
Coldwell Banker Realty - Newton 617-969-2447
Source: MLS PIN,MLS#: 73561961
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Steam, Oil
Cooling
- None, Window Unit(s)
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Features
- Bathroom With Tub, Living Room, Dining Room, Kitchen, Family Room, Office/Den
- Flooring: Vinyl, Carpet, Hardwood
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,674
- Total interior livable area: 5,674 sqft
- Finished area above ground: 5,674
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Paved
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Patio & porch: Porch, Deck
- Exterior features: Garden
- Waterfront features: Lake/Pond, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Lot
- Size: 0.3 Acres
- Features: Corner Lot, Level
Details
- Parcel number: 694531
- Zoning: SR2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle,Slate
Condition
- Year built: 1869
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station
Location
- Region: Newton
Financial & listing details
- Price per square foot: $405/sqft
- Tax assessed value: $2,682,600
- Annual tax amount: $25,996
- Date on market: 8/11/2026
- Listing terms: Contract
- Total actual rent: 0
Estimated market value
Zestimate®
$2,225,800
Estimated sales range
$2.11M - $2.34M
Rent Zestimate®
$4,167/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $2,299,000$405/sqft |
Source: MLS PIN #73561961 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,039 +3.4% | $2,555,000 +3% |
| 2024 | $24,211 +2.2% | $2,480,600 +6.6% |
| 2023 | $23,684 +4.5% | $2,326,500 +8% |
| 2022 | $22,662 +6.6% | $2,154,200 +9% |
| 2021 | $21,265 +3.1% | $1,976,300 |
| 2020 | $20,633 +6.9% | $1,976,300 +7% |
| 2019 | $19,301 -2.1% | $1,847,000 +1.4% |
| 2018 | $19,713 +6.1% | $1,821,900 +9% |
| 2017 | $18,587 +6.5% | $1,671,500 +9% |
| 2016 | $17,451 +4.9% | $1,533,500 +7% |
| 2015 | $16,639 0% | $1,433,200 +4.4% |
| 2014 | $16,640 +5.5% | $1,372,900 |
| 2013 | $15,775 +2.5% | $1,372,900 -0.4% |
| 2012 | $15,390 +2.3% | $1,377,800 -0.2% |
| 2011 | $15,049 +2.6% | $1,380,600 -2% |
| 2010 | $14,666 -0.7% | $1,408,800 -5% |
| 2009 | $14,770 +2.7% | $1,482,900 |
| 2008 | $14,384 +10% | $1,482,900 +5.8% |
| 2007 | $13,079 +2.7% | $1,401,800 +3% |
| 2006 | $12,739 +1.7% | $1,361,000 +3% |
| 2005 | $12,527 +7.6% | $1,321,400 +15.7% |
| 2004 | $11,644 +6.5% | $1,141,600 +14% |
| 2003 | $10,935 +9.9% | $1,001,400 |
| 2002 | $9,954 +5.8% | $1,001,400 +28.4% |
| 2000 | $9,408 +4.8% | $780,100 +9.9% |
| 1999 | $8,979 | $709,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Newton Highlands
Nearby schools
GreatSchools rating
- 7/10Zervas Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Oak Hill Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Newton South High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Mason Rice/Zervas Buffer
- Middle: Brown/Oak Hill
- High: Nshs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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