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9 M
554 East 4th St
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Melanie Gundersheim

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Gundersheim Group Real Estate

© 2026 Melanie Gundersheim. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 185 E Street, Boston, MA 02127
Active
2 Days on market
185 E Street Boston — Photo 1 of 40

185 E Street Boston — Photo 1 of 40

$5,200,000

185 E Street, Boston, MA 02127

Boston, MA 02127 — South Boston

Beds

12

Baths

11

SqFt

7,858

Style

4 Family

Built

2026

**RARE 2026 GROUND-UP NEW CONSTRUCTION 4-UNIT ASSET IN SOUTH BOSTON.** 185 E Street presents a unique opportunity to acquire a fully completed, turnkey luxury multifamily building in South Boston’s quieter Cityside neighborhood. Designed from the ground up with a warm, modern aesthetic and an emphasis on functionality, craftsmanship and long-term livability, the property offers four thoughtfully designed residences, 8 parking spaces across a heated garage and paver driveway, private outdoor spaces and all-electric building systems.The residence mix offers meaningful variety for future lease-up: Units 1 and 2 are approximately 850 SF, 2-bedroom, 2-bath homes, while Units 3 and 4 are substantial upper duplex residences offering approximately 1,800+ SF, 4 bedrooms and 3.5 bathrooms across two levels. The upper residences also include deeded roof rights with spectacular views toward the Boston skyline.Interiors were designed around a calming, understated material palette with custom Italian kitchens, full-height stone backsplashes, custom wrapped hoods, 7-inch wide-plank white oak flooring, Grohe plumbing fixtures, radiant heated primary bathroom floors, custom closet systems and extensive white oak millwork. Integrated balconies off the living rooms provide private outdoor space, while select residences feature Juliet balconies, oversized terraces, electric fireplaces and custom built-in cabinetry. In-unit laundry is provided throughout, and Units 1 and 2 offer wheelchair accessibility.For an investor seeking a turnkey lease-up opportunity, long-term Boston hold, portfolio addition or potential 1031 exchange acquisition, 185 E Street offers the unusual combination of brand-new construction, luxury finishes, parking and multiple unit types without the execution risk and timeline of a ground-up development.Located at E Street and W. 9th, the property enjoys a residential setting just minutes on foot to Tatte, PKL and Castle Island Brewing and under a 10-minute walk to the Broadway Red Line, with convenient access to the Seaport, downtown Boston and major transportation routes. A rare opportunity to acquire an entire newly constructed boutique building in one of Boston’s most established residential neighborhoods.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$662/sqft
Local Avg (Boston)$485/sqft
36% AboveMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$5,200,000
Annual Taxes$1

Parking

Garage6
Off-Street8

Interior Specifications

Total Rooms32
Fireplaces4
FlooringWood, Tile, Hardwood
BasementNone

Climate & Utilities

HeatingCentral, Forced Air, Heat Pump
CoolingCentral Air, Heat Pump
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick, Conventional (2x4-2x6), Cement Board
RoofRubber
FoundationConcrete Perimeter
ZoningMFR

Property & Lot

Acres0.08
SqFt Lot3,357.75
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Disposal • Trash Compactor • Microwave • Refrigerator • Freezer • Washer • Range Hood • Water Softener • Dryer • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Property History

Listed
$5,200,000

Aug 18, 2026

MLS® 73564858

Listed
$969,000

Aug 17, 2026

MLS® 73564761

Listed
$1,699,000

Aug 17, 2026

MLS® 73564813

Population

36,769

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$164K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

54.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Boston, MA market report ZIP 02127 market data
Listing Provided By

Listing Agent: James Riel

Listing Office: JR Associates

MLS® Number: 73564858

Open Houses

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