Active
184 Days on market
197 Green Boston — Photo 1 of 20

197 Green Boston — Photo 1 of 20

Recent Drop: $1,800,000

$11,500,000
$9,700,000

$9,700,000

197 Green, Boston, MA 02130

Boston, MA 02130 — Jamaica Plain

Beds

26

Baths

23

SqFt

20,480

Style

5+ Family - 5+ Units Up/Down

Built

2022

NEW MIXED-USE BUILDING FOR SALE IN JAMAICA PLAIN - Fully stabilized mixed-use building for sale built in 2022 featuring 23 residential apartments and 1 retail unit. High end finishes including modern cabinets & vanities, stone countertops, all new appliances & fixtures, in-unit washer/dryers, and ample natural light. The apartments include five studios, eleven 1-bedroom units, three 2-bedroom units, and four artist live/work lofts. The retail unit is leased to an interior designer until 6/30/28. Conveniently located steps to the Orange Line via the MBTA Green Street station. The property features six parking spots on the premises for additional income. The building also a mail room, bike rack room, and room for trash & recycling. All utilities are separately metered. Current gross income for the building is $810,729.48 annually with a lot of upside potential for rent growth. Floor plans & pro-forma are available upon request.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$474/sqft
Local Avg (Boston)$542/sqft
13% BelowMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$11,500,000
Annual Taxes$72,671

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms63
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationConcrete Perimeter
ZoningLI

Property & Lot

Acres0.54
SqFt Lot23,452
Lot Features--

Neighborhood

Public Transportation • Park • Bike Path • Public School • T-Station

Geography

Property History

Price Drop
$9,700,000

Was $9,800,000

Aug 24, 2026

MLS® 73484635

Price Drop
$9,800,000

Was $9,900,000

Aug 17, 2026

MLS® 73484635

Price Drop
$9,900,000

Was $10,350,000

Aug 10, 2026

MLS® 73484635

Price Drop
$10,350,000

Was $10,875,000

Jul 22, 2026

MLS® 73484635

Price Drop
$10,875,000

Was $10,975,000

Jul 13, 2026

MLS® 73484635

Price Drop
$10,975,000

Was $11,175,000

Jun 9, 2026

MLS® 73484635

Price Drop
$11,175,000

Was $11,500,000

May 5, 2026

MLS® 73484635

Listed
$11,500,000

Mar 10, 2026

MLS® 73484635

Listed
$9,700,000

Mar 10, 2026

MLS® 73484626

Population

40,055

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

Median Household Income

$132K

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

Renter-Occupied Homes

55.5%

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)

Listing Provided By

Listing Agent: Sean Rose

Listing Office: City Realty Group

MLS® Number: 73484635

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