
775 Tremont Street Boston — Photo 1 of 24
$2,999,999
775 Tremont Street, Boston, MA 02118
Boston, MA 02118 — South End
Beds
10
Baths
8
SqFt
3,800
Style
5+ Family - 5+ Units Up/Down
Built
1899
Stabilized South End multifamily asset offering in-place income and defined upside. 775 Tremont Street comprises five fully leased two-bedroom residences generating $15,651 per month and $187,812 in current annual residential rent, with leases extending through 2027. Renovated in 2021, the units feature modern kitchens with dishwashers, hardwood floors and in-unit laundry. Recent building improvements include an updated Navien heating and hot-water system (2023). Rear decks, two roof decks and two off-street parking spaces further distinguish the property. The parking spaces are not presently rented, creating an immediate opportunity for additional income. Based on market-rent and parking assumptions, the seller’s pro forma projects $249,000 in annual gross income and a 5.80% cap rate. Well suited to a long-term hold or 1031 exchange buyer seeking a stabilized Boston asset, the property also offers future value-add and repositioning potential. Its location near major universities, medical centers, Back Bay, the Prudential Center, MBTA service and Tremont Street dining supports enduring rental demand, complemented by a 97 Walk Score, 96 Transit Score and 97 Bike Score.
Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Boston, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Bike Path
Geography
Property History
$2,999,999
Sep 22, 2026
MLS® 73580647
$3,000
Nov 26, 2025
MLS® 73430903
$3,295,000
Oct 28, 2025
MLS® 73312099
$3,000
Sep 15, 2025
MLS® 73430903
$3,100
Sep 12, 2025
MLS® 73421880
$3,100
Aug 25, 2025
MLS® 73421880
$3,295,000
Nov 13, 2024
MLS® 73312099
Population
28,946
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$98K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
67.5%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Suffolk County
2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Donahue + Greene Group
Listing Office: Compass
MLS® Number: 73580647
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