Active
281 Days on market
11 Derby Street Waltham — Photo 1 of 29

11 Derby Street Waltham — Photo 1 of 29

Recent Drop: $50,000

$849,000
$799,000

$799,000

11 Derby Street, Waltham, MA 02453

Waltham, MA 02453

Beds

2

Baths

2

SqFt

1,901

Style

Multi Family

Built

1900

Builder and investor opportunity in Waltham's desirable South Side! Offered as an income-producing investment property, currently two large 1-bedroom units with expansion potential. Located in an RB zoning district with Old Lot Opinion flexibility, allowing for a 1647 sq ft buildable footprint and reduced side-yard setback requirements per town guidelines. Two-family structure in place with strong potential for redevelopment, condo conversion, or expansion including a possible accessory dwelling unit (ADU), subject to municipal approvals. Inquire about seller finance option. Buyer to perform all due diligence.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$420/sqft
Local Avg (Waltham)$513/sqft
18% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Waltham, MA.

Property Details

Financials

Original Price$849,000
Annual Taxes$8,033

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningRB

Property & Lot

Acres0.13
SqFt Lot5,489
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Property History

Listed
$1,795

Sep 8, 2026

MLS® 73573392

Price Drop
$799,000

Was $829,000

Mar 24, 2026

MLS® 73459250

Price Drop
$829,000

Was $849,000

Jan 21, 2026

MLS® 73459250

Listed
$849,000

Dec 3, 2025

MLS® 73459250

Population

31,591

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

Median Household Income

$115K

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

Renter-Occupied Homes

56.6%

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)

Listing Provided By

Listing Agent: Lisa Lyons

Listing Office: Coldwell Banker Realty - Waltham

MLS® Number: 73459250

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