Press Releases
Marcus & Millichap Brokers $3.15M Sale of Roslindale Multifamily
February 05, 2026
BOSTON, Feb. 5, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of an 11-unit, 9,360-square-foot multifamily property in Boston for $3,150,000.
“The property offered a clear value-add strategy as more than half of the units were delivered vacant, allowing the buyer to begin renovations upon takeover,” said Tony Pepdjonovic, senior managing director. “There are a finite number of buildings with 10 or more units in Boston, and we continue to see 1960s- and 1970s-era brick construction as one of the most desirable asset types,” added Evan Griffith, senior managing director.
Griffith and Pepdjonovic, senior managing directors in Marcus & Millichap’s Boston office, exclusively marketed the property on behalf of the seller and procured the buyer. The duo was able to generate five qualified offers during the marketing process.
Located at 11 Schubert St. in Boston’s Roslindale neighborhood, the three-story brick building was constructed in 1970 and sits on a 0.18-acre parcel. The property includes a mix of one- and two-bedroom units, seven off-street parking spaces, and a common laundry area. The asset is located near West Roxbury Parkway and Washington Street, with access to MBTA Commuter Rail stations and nearby retail stores, including Dedham Mall and Legacy Place.
“The property offered a clear value-add strategy as more than half of the units were delivered vacant, allowing the buyer to begin renovations upon takeover,” said Tony Pepdjonovic, senior managing director. “There are a finite number of buildings with 10 or more units in Boston, and we continue to see 1960s- and 1970s-era brick construction as one of the most desirable asset types,” added Evan Griffith, senior managing director.
Griffith and Pepdjonovic, senior managing directors in Marcus & Millichap’s Boston office, exclusively marketed the property on behalf of the seller and procured the buyer. The duo was able to generate five qualified offers during the marketing process.
Located at 11 Schubert St. in Boston’s Roslindale neighborhood, the three-story brick building was constructed in 1970 and sits on a 0.18-acre parcel. The property includes a mix of one- and two-bedroom units, seven off-street parking spaces, and a common laundry area. The asset is located near West Roxbury Parkway and Washington Street, with access to MBTA Commuter Rail stations and nearby retail stores, including Dedham Mall and Legacy Place.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
