SOLD AUG 3, 2026

Sold on Aug 2026

$1,950,000

•

2,805

sq ft

38 Sheafe St, Boston, MA 02113

About this home

Rarely available & lovingly owned by the same family for generations, this exceptionally maintained 4-family property presents a unique opportunity in the heart of Boston’s historic North End. Strong investment with substantial value-add potential. Pro forma rental income at current market rates is projected at over $140K annually. 2 of the 4 units are currently occupied by family members without leases & are significantly below market rent. The remaining 2 units are also below market value with leases in place through 8/31/26. Property features an extraordinary duplex-style layout with finished lower level, private patio access, & in-unit laundry. 1 of the units has long functioned as a 2-bedroom. Major property improvements include roof in 2023 & hot water tank in 2024. Potential future roof deck opportunity. A rare chance to own a generational asset in one of Boston’s most iconic & sought-after neighborhoods, surrounded by renowned restaurants, cafes, waterfront, downtown & the "T".

Multi-familyProperty Type

1910Year Built

774 sq ftLot Size

$695Price/Sq.Ft.

Listed by The Fiorelli Group • Maureen Fiorelli Rlty Assoc

Listed by Maureen Fiorelli Rlty Assoc

Bought with Shad Ghazarian • Ghazarian Group LLC

Redfin checked: 3 minutes ago

•Source:MLS PIN #73515576

Redfin Estimate

$1,944,357

$5,643 since sold in August 2026$118K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.7% lower than the average sale price ($2.77M) of 6 comparable homes.

SOLD JUL 20, 2026
$2,495,000
A
5 beds4 baths2,376 sq ft
14 Lindall Pl, Boston, MA 02114
SOLD JUL 24, 2026
$2,250,000
B
9 beds5 baths3,000 sq ft
6 Baldwin Pl, Boston, MA 02113
SOLD JUN 18, 2026
$3,400,000
C
4 beds4.5 baths3,294 sq ft
30 Harvard St, Charlestown, MA 02129
SOLD JUL 3, 2026
$1,250,000
D
3 beds4 baths1,872 sq ft
10 Lawrence St, Charlestown, MA 02129
SOLD JUL 23, 2026
$5,600,000
E
5 beds3.5 baths3,849 sq ft
41 Chestnut St, Boston, MA 02108
SOLD OCT 27, 2025
$1,600,000
F
5 beds3 baths2,040 sq ft
209 Salem St, Boston, MA 02113

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Market trends in North End / Waterfront, MA

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.0%

+0.3% MoM

Median sale price

$840K

$10K MoM

Avg. days on market

33d

3 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SUN, 11AM TO 12:30PM
$529,000
1 bed1 bath436 sq ft
11 Wiget St #1, Boston, MA 02113
OPEN TODAY, 2PM TO 3:30PM
$725,000
2 beds1 bath682 sq ft
135-137 Salem St #7, Boston, MA 02113
OPEN SUN, 1:30PM TO 2:30PM
$575,000
1 bed1 bath442 sq ft
8 Garden Ct #2, Boston, MA 02113
$4,050,000
15 beds8 baths4,400 sq ft
60 North Margin St, Boston, MA 02113
OPEN SUN, 11AM TO 11:45AM
$745,000
1 bed1 bath788 sq ft
9 N Margin #3, Boston, MA 02113
OPEN TODAY, 1:30PM TO 2:30PM
$1,795,000
2 beds2.5 baths1,324 sq ft
44 Prince St #508, Boston, MA 02113
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Sale and tax history for 38 Sheafe St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2023

$12,798 (+0.4%)

$319,300 + $872,300

$1,191,600

2022

$12,745 (+2.4%)

$319,300 + $852,100

$1,171,400

2021

$12,443 (+4.5%)

$315,100 + $851,100

$1,166,200

2020

$11,904 (+1.8%)

$315,100 + $812,200

$1,127,300

2019

$11,689 (+4.7%)

$315,100 + $793,900

$1,109,000

2018

$11,166 (+2.7%)

$303,400 + $762,100

$1,065,500

2017

$10,876 (+0.6%)

$288,500 + $738,500

$1,027,000

2016

$10,808 (+22.3%)

$267,200 + $715,300

$982,500

2015

$8,834 (−9.8%)

$169,300 + $560,200

$729,500

2014

$9,794 (−1.9%)

$145,100 + $633,400

$778,500

2013

$9,980 (+12.4%)

$145,100 + $614,400

$759,500

2012

$8,880 (+7.1%)

$145,100 + $535,900

$681,000

2009

$8,294 (+11.1%)

$145,100 + $503,400

$648,500

2006

$7,462

$145,100 + $556,900

$702,000

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

871 Sq. Ft.

Year renovated

1975

Sq. Ft.

2,448

Year built

1910

Style

Multi-Family (5+ Unit)

County

Suffolk County

APN

3365340

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 20, 2023.

NORTH END NEIGHBORHOOD-MFR

RESTRICTED PARKING DISTRICT

RESTRICTED ROOF STRUCTURE DISTRICT

North End Neighborhood-Multifamily Residential Subdistrict

The Multifamily Residential Subdistricts are established to encourage medium-density multifamily areas with a variety of allowed housing types, including one-, two- and three-family Dwellings, Row Houses, Town Houses, and Multifamily Dwellings.

Zone overlays

Restricted Parking Districts
Restricted Roof Structure Overlay District In the East Boston Neighborhood District

Permitted uses

Include but are not limited to:

Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Fire house
Police station

Property details

Parking

Parking Information
Has Open Parking
Open Parking Spaces: 0
Parking Features: On Street

Interior

Virtural Tour Information
Virtual Tour 1 (External Link)

Bathroom Information
# of Bathrooms (Full): 4

Basement Information
Basement: Full, Finished, Interior Entry

Appliances
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Other Equipment: Intercom

Interior Features
# of Rooms (Total): 13
Door Features: Insulated Doors
Flooring: Tile, Hardwood, Wood
Interior Features: Ceiling Fan(s), Pantry, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Walk-In Closet(s), Open Floorplan, Living Room, Kitchen, Family Room, Laundry Room

Unit #1 Information
# of Levels: 2
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N

Unit #3 Information
# of Levels: 1
# of Floors: 3
Lease: Y

Unit #4 Information
# of Levels: 1
# of Floors: 4
Lease: Y

Exterior

Building Information
Building Area (Total): 2,805
Foundation Details: Concrete Perimeter
Construction Materials: Brick
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Renovated Since

Exterior Features
Roof: Rubber
Patio And Porch Features: Patio
Exterior Features: Balcony/Deck

Property Information
PropertySubType: 4 Family - 4 Units Up/Down
Above Grade Finished Area: 2805
Below Grade Finished Area: 561
Levels: 5

Lot Information
Lot Size (Acres): 0.01
Lot Features: Easements, Level
ViewYN: Has View
View: City View(s)
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $14,539
Tax Year: 2026

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Individually Metered

Heating & Cooling
Has Heating
Heating: Baseboard, Natural Gas

Location

Location Information
Directions: Salem Street to Sheafe Street or use GPS
UnparsedAddress: 38 Sheafe Street, Boston MA 02113

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,448
Stories: 4.0
Lot Size: 871 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: 1975
County: Suffolk County
APN: 3365340

Home facts updated by county records on Jul 20, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Eliot K-8 Innovation School

Public PreK-8 • Assigned • 0.1mi

9/10

Charlestown High School

Public 7-12 • Assigned • 1.0mi

3/10

Horace Mann School For The Deaf

Public PreK-12 • Assigned • 1.0mi

Quincy Upper School

Public 6-12 • Assigned • 1.4mi

3/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

6/10 Wind Factor

64% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Boston, MA • 02113

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

71/ 100

Good sunlight

Sunscore

This home receives average direct sun exposure in Boston. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

6.6 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

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Home values near 38 Sheafe St

Data from public records.

Address	Redfin Estimate
35 Sheafe Street, Boston, MA 5 Beds \| 3.5 Baths \| 2992 Sq. Ft.	$2,248,842
34 Sheafe Street #1, Boston, MA 1 Beds \| 1.5 Baths \| 667 Sq. Ft.	$652,558

Address	Redfin Estimate
40 Sheafe Street, Boston, MA - Beds \| - Baths \| 11644 Sq. Ft.	—
34 Sheafe Street #2, Boston, MA 2 Beds \| 1 Baths \| 430 Sq. Ft.	$542,639

Address	Redfin Estimate
36 Sheafe Street, Boston, MA - Beds \| - Baths \| 2448 Sq. Ft.	—
34 Sheafe Street #3, Boston, MA 2 Beds \| 1 Baths \| 430 Sq. Ft.	$566,017

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GreatSchools Ratings provided by GreatSchools.org.

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