See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

197 Lexington St, East Boston, MA, 02128

3beds
3baths
2,307sqft
$994,990
$431price/sqft
$6,821/moest. monthly cost
$272,840/yrincome needed

About This Home

A well-maintained three-family in East Boston's Eagle Hill — cared for by the same ownership for years and ready for its next chapter. Each unit features an open floor plan, hardwood floors, full bath, central AC, and a kitchen with ample cabinet space and breakfast bar. Units 2 and 3 include a private office nook. Updates include renovated bathroom vanities, modern light fixtures, Nest thermostats, stainless steel appliances, and electronic door locks throughout. Two of three water heaters replaced. Brand new rear deck (~$80K) added within the last two years. One unit vacant and move-in ready — ideal for an owner-occupant looking to live in one and rent the others. Two units currently leased. Basement offers additional expansion potential with common laundry and NEW brand hot water heater. Strong candidate for condo conversion with real upside for the savvy buyer. Close to public transit, highway access, and everything East Boston has to offer. Showings start at OH on Sat and Sunday.

Getting Around

90
WalkingWalker's Paradise
0
TransitVery Limited Transit
64
BikeBikeable

Schools

2/10
East Boston High SchoolGrades 7-120.2 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Stone
  • Roof: Rubber
  • Construction materials: Frame,Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Window features: Insulated Windows
  • Flooring: Wood,Tile,Vinyl
  • Finished area above ground: 2,307

Interior Area

  • Total structure area: 2,307
  • Total interior livable area: 2,307 sqft

Property

Details

  • Parcel number: W:01 P:00002 S:000,1327041
  • Zoning: R3

Features

  • Patio & porch: Deck - Composite

Lot

  • Lot size: 1,150 sqft
  • Features: Other

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$374$4,488
Property Taxes $962$11,544
Electricity $454$5,459
Total$6,821$81,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$233,862/yr
40% on housing$204,630/yr
45% on housing$181,893/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$431This listing

vs Other Active Listings

Avg $/sqft

ZIP 02128$392
Suffolk County$575

vs Homes Sold Last Month

Median $/sqft

ZIP 02128$513
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Contingent$994,990
2026-04-29Listed for sale$994,990
2023-07-10Listing removed--
2023-06-21Listed for rent$2,250
2021-06-23Listing removed--
2021-06-02Listed for rent$2,000
2019-08-01Sold$820,000
2019-06-24Pending sale$749,000
2019-06-12Listed for sale$749,000
1999-07-19Sold$106,000

For Sale by Agent

AgentThe Denman Group
BrokerageeXp Realty

Similar Homes