23 Thorndike St Revere — Photo 1 of 24
$849,999
Investment Analysis — 23 Thorndike St
Revere, MA 02151
Based on rent reported on the MLS listing, a 2-unit multi-family in 02151 carries $2,300/mo in gross rent — about a 1.74% cap rate and $14,801/yr in estimated NOI at the $849,999 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,052
Style
2 Family - 2 Units Up/Down
Built
1900
Prime opportunity for investors and owner occupants alike! This updated and move in ready 2 family home boasts 2,052 square feet across two sun filled units. Each unit comes complete with in unit laundry featuring two generously sized bedrooms along with an updated full bath and desirable open spaced layouts including great separation between bedrooms for added privacy. Recent updates to unit 1 include new windows and heating system as well hardwood floors and granite countertops. Unit 2 is in immaculate condition with a balcony that walks out the private backyard. Located in a quiet neighborhood just minutes from Revere Beach and the Blue Line you get both beachside living and quick commuter access to Boston. Take advantage of the upside potential as the areas ongoing revitalization continues to enhance the areas appeal with shopping, restaurants and parks nearby. Unit 1 is vacant. Unit 2 leased through the Dec. 31st 2026.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property History
$849,999
Sep 8, 2026
MLS® 73573291
$849,999
Jul 23, 2026
MLS® 73552856
$849,999
Jul 21, 2026
MLS® 73552856
$859,999
Jul 20, 2026
MLS® 73535967
$859,999
Jun 15, 2026
MLS® 73535967
$220,000
Jun 16, 2010
MLS® 71048464
$220,000
Mar 16, 2010
MLS® 71048464
Listing Agent: Dot Collection
Listing Office: Access
MLS® Number: 73573291