Home › Revere › Multi Family › 24 True St, Revere MA 02151
24 True St, Revere MA 02151 — photo 1 of 121 / 12
SOLD · Oct 26, 2026
$835,000 ▼  Under asking
Asking $849,900 · $-14,900 (-1.8%)
24 True St, Revere MA 02151
2 units · 6 bd · 2 ba · 2,240 sqft · $424,950/unit
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INVESTMENT SNAPSHOT

Signal Score◆ 78 / 100
Est. Cap Rate4.4%
GRM14.8
Gross Scheduled Income$57,581/yr
Estimates from area median rents — directional, not an appraisal.

About this property

24 True Street, Revere, is a practical two-family near Broadway and Revere High. The first-floor unit is used as a three-bedroom. The second-floor unit will be vacant and offers two bedrooms plus a flexible room off the main entry that could serve as a third bedroom. With a good-sized yard and a spacious driveway, it's ideal for a first-time buyer or investor. Live in one unit and rent the other for income potential. Bus lines, dining, and city amenities are just steps away.

Property details

Units2
Living area2,240 sqft
Lot size4,430 sqft
Year built1900
Price / sqft$373
CountySuffolk
MLS #73528913

Listing status

Days on market32 days
Listed onJune 3, 2026

Taxes & financials

Annual property tax$7,213
Tax year2025
Assessed value$795,300
ZoningRB
Gross income (actual)$30,000/yr
Net operating income (actual)$30,000/yr
Total actual rent$2,500/mo

Building & lot

Stories2
Total rooms12
Lot size0.1 acres
Garage spaces0
Parking spaces4
ParkingOff Street
BasementFull
FoundationBlock, Stone

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Revere →

Listing courtesy of Douglas Elliman Real Estate - The Sarkis Team — The Sarkis Team. Listing data © MLS PIN.

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Questions & answers

Answered from the listing data and public map data.

How many units does 24 True St, Revere MA 02151 have?

It is a 2-unit multi-family property with 2,240 sqft of living area, built in 1900.

How long was 24 True St, Revere MA 02151 on the market before it sold?

24 True St, Revere MA 02151 sold after about 145 days on the market (listed June 3, 2026, closed October 26, 2026).

What is the estimated cap rate on this 2-family in Revere?

Based on area median rents, the estimated cap rate is about 4.4%, with a Signal Score of 78/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $849,900 across 2 units, that works out to roughly $424,950 per unit.

What are the property taxes on 24 True St, Revere MA 02151?

Annual property taxes are $7,213 (2025), on an assessed value of $795,300.

What is the price per square foot?

At $849,900 for 2,240 sqft, that's about $373 per square foot.

Is there parking?

4 total parking spaces (off street).

Where is this property located?

24 True St, Revere MA 02151 is in Revere, Suffolk County, MA 02151.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin Rollo — Broker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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