Gundersheim Group Real Estate
Buy
Property SearchSearch all available MLS listingsSet AlertsGet notified about new listingsNeighborhood GuidesExplore local communities & data
Boston, MA
Somerville, MA
Newton, MA
Brookline, MA
Needham, MA
Wellesley, MA
View All Neighborhoods →
Featured PropertiesBrowse our exclusive local listings
78 Lafayette
9 M
554 East 4th St
View All Featured →
Sell
Home ValuationGet a free, instant estimateMy ListingsBrowse my active market properties
Insights
Resources
ResourcesHelpful guides and tools
About
Meet the AgentMy background and experienceClient StoriesRead reviews from past clients
Contact Me
Buy
Property Search
Set Alerts
Neighborhood Guides
Boston, MA
Back BayBeacon HillSeaport DistrictSouth EndSouth BostonCharlestownNorth EndFenway-KenmoreDowntownJamaica Plain
Somerville, MA
Newton, MA
Brookline, MA
Needham, MA
Wellesley, MA
View All Neighborhoods →
Featured Properties
78 Lafayette
9 M
554 East 4th St
View All Featured →
Sell
Home Valuation
My Listings
Insights
Resources
Resources
About
Meet the Agent
Client Stories
Contact Me

Melanie Gundersheim

Buy or sell in Boston, Newton, Needham, Brookline, Wellesley, and Somerville with clear guidance, local insight, and a calm, strategic process.

Explore

  • Home
  • About
  • Home Search
  • Set Alerts
  • My Active Listings
  • Featured Listings
  • Home Valuation
  • Insights
  • Testimonials
  • Resources
  • Contact
  • Privacy Policy

Contact

  • 10 Lincoln St, Newton, MA, 02461
  • (617) 997-8272
  • melanie@gundersheimgroup.com

Brokerage

Gundersheim Group Real Estate

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

  1. Home
  2. Listings
  3. 40 Columbus St, Newton, MA 02461
Active
9 Days on market
40 Columbus St Newton — Photo 1 of 40

40 Columbus St Newton — Photo 1 of 40

$2,299,000

40 Columbus St, Newton, MA 02461

Newton, MA 02461 — Newton Highlands

Beds

8

Baths

4

SqFt

5,674

Style

Multi Family

Built

1869

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$405/sqft
Local Avg (Newton)$569/sqft
29% BelowMarket Average

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

Property Details

Financials

Original Price$2,299,000
Annual Taxes$25,996

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms16
FireplacesNone
FlooringVinyl, Carpet, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingSteam, Oil
CoolingNone, Window Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Slate
FoundationStone
ZoningSR2

Property & Lot

Acres0.3
SqFt Lot13,284
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer • Microwave

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Highway Access

Geography

Population

6,975

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

Median Household Income

$224K

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

Renter-Occupied Homes

23.8%

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

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

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

Full Newton, MA market report ZIP 02461 market data
Listing Provided By

Listing Agent: Judy Korzenowski

Listing Office: Coldwell Banker Realty - Newton

MLS® Number: 73561961

Related Insights

View All
Newton Veterans’ VA Homebuying Playbook
Real Estate
Aug 12, 2026

Newton Veterans’ VA Homebuying Playbook

Real Estate
Jul 15, 2026

Newton Property Tax Bills: The Rate Illusion

Newton Highlands: Read Price Per Foot, Not Median
Real Estate
Jun 17, 2026

Newton Highlands: Read Price Per Foot, Not Median

Newton’s ‘Dated Home’ Buffer: When Buyers Should Keep Contingencies
Real Estate
May 23, 2026

Newton’s ‘Dated Home’ Buffer: When Buyers Should Keep Contingencies

Newton’s $2M Housing Split: Bidding Wars Below, Breathing Room Above
Real Estate
May 16, 2026

Newton’s $2M Housing Split: Bidding Wars Below, Breathing Room Above

Massachusetts Home Buyer Aid After the Window Closed
Real Estate
Aug 15, 2026

Massachusetts Home Buyer Aid After the Window Closed

The Sale-to-List Tell: Massachusetts’ ZIP-by-ZIP Soft Top
Real Estate
May 30, 2026

The Sale-to-List Tell: Massachusetts’ ZIP-by-ZIP Soft Top

View All Insights

Browse More Homes in Newton

Explore other active listings in the area.

  • 404 Homer St
    $800,000
    404 Homer St
    Newton, MA
    3 bd2 ba1,167 sqft
  • Lot 78 Manchester Rd
    $3,399,000
    Lot 78 Manchester Rd
Newton, MA
5 bd6 ba4,658 sqft
  • 135 Hartman Road
    $3,495,000
    135 Hartman Road
    Newton, MA
    7 bd7 ba5,600 sqft
  • 55 Oak Ave
    $2,098,000
    55 Oak Ave
    Newton, MA
    4 bd5 ba4,385 sqft
  • 11 Durant Street
    $1,299,900
    11 Durant Street
    Newton, MA
    4 bd2 ba2,517 sqft
  • 544 Saw Mill Brook Parkway
    $3,095,000
    544 Saw Mill Brook Parkway
    Newton, MA
    6 bd8 ba6,364 sqft