116 Derby Rd Revere, MA ^$ 799,000

116 Derby Rd

^$ 799,000

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Recently Listed

116 Derby Rd

Revere, MA, 02151

^$ 799,000

Bedrooms3 Baths2.0 Sq 1,878

Monthly Estimate*

^$ 5,045

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Multi-Family Home for sale in Revere, MA

for $799,000 with 3 bedrooms and 2 full baths. This 1,878 square foot home was built in 1929 on a lot size of 0.15.

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 $5,300/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). Unit 2 lease is month-to-month. Some photos may be virtually enhanced.

Multi-Family Active

Price

^$ 799,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,987

Style

2 Family - 2 Units Up/Down

Lot Size

0.15

Year Built

1929

Town/City

Revere

County/Region

Suffolk

MLS | Web ID

73541931

List By

Chelsey Gallo

Listing Agent

Lamacchia Realty, Inc.

Broker

Affordability Calculator

$5,544

Per Month

Monthly Principal & Interest: $5,045
Monthly Property Taxes: $499
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Revere, MA

Average List Price ^$1,218,596

Percent of Sale Price 53%

About Revere, MA

59,502 Population

25% Since 2002

^$56,046 Median Income

39.99 Median Age

25% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
6/25/2026	$799,000		Listed Price

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116 Derby Rd, Revere, MA, 02151 is a Multi-Family Home for sale at $799,000 with 1,878 sqft and a lot size of 0.15. 116 Derby Rd has 3 bedrooms, 2.0 baths, and was built in 1929. The property's zip code is 02151 which is in Revere, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 7/2/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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116 Derby Rd

Multi-Family Home for sale in Revere, MA

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