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Sold on 05/19/2026

55 Dean Ave, Franklin, MA 02038

$960,000

Last sold 05/19/2026 after 8 Days

  • 7

    bed

  • 3

    bath

  • 2,959

    Sqft ($324/Sqft)

Multi-family not for sale
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About 55 Dean Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 9,108 Sqft
Movoto estimate
Property description
Meticulously maintained Victorian three-family home in the heart of Franklin! Built in 1900, this property offers three spacious 2-bedroom, 1-bath units with separate utilities across 2,959 sq ft on a .21-acre lot. Units 1 & 2 were fully renovated in 2023, while Unit 3 features refinished floors and fresh paint. Major updates include roof (2009), exterior paint (2024), porch improvements (2018-2019), and new back deck/stairs (2025). Units 1 & 2 include in-unit laundry, with basement hookups for Unit 3. Shared driveway with 6 parking spaces. Two units are leased, while the vacant second-floor unit creates an ideal owner-occupant or investment opportunity. Conveniently located near the train station, Dean College, and Downtown Franklin shops and restaurants, this property blends historic charm with modern updates and strong income potential.
Listed by
Listing Agent - Lauren O'Toole
Listing Office - Century 21 Custom Home Realty
Source: MLS Property Information Network, Inc. mls logo
MLS#73516034 • last updated 2 months ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Cooling/AC Window Unit(s), Central Air
Heating Natural Gas, Electric
Levels/Style 4, 4
MLS # 73516034
Type Residential Income
Status Closed
SubType 3 Family - 3 Units Up/Down
SqFt 2959
Lot Size (SqFt) 9108
Lot Size (Acres) 0.21
Annual Property Tax 7995
Year Built 1900
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 7
Basement Full, Bulkhead
Total # of Rooms 15
Flooring Wood, Tile, Hardwood
Appliances ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Cooktop, Oven, Range, Dishwasher, Microwave, Refrigerator
# Fireplaces 1
Interior Features Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Kitchen, Laundry Room, Living RM/Dining RM Combo, Living Room
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Shared Driveway, Off Street, Paved
# Parking Spaces 6
Patio/ Porch Porch
Amenities / Utilities
Sewer Public Sewer
Electricity 200+ Amp Service, Individually Metered
Water Source Public
Location
County Norfolk
Community Features Public Transportation, Shopping, Park, T-Station, University
Zoning 105
APN M:279 L:163, 91329
Directions Main Street To Dean Ave
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Net Operating Income 75600
Total Actual Rent 6300
Gross Income 75600
Lot/ Land Details
Road Frontage Public
$938K
Range: $862K-$1.01M
Last 30 days 
  • Jul 2026
    mls logo MLS # 73516034
  • Jul 10, 2026 Sold
    $960,000 (-4.0%)
  • May 21, 2026 Active
    —
  • May 11, 2026 Listed
    $999,900 (+83.5%)
  • Jul 2004
    mls logo MLS # 70028907
  • Jul 7, 2004 Sold
    $545,000
  • May 3, 2004 Listed
    $500,000
  • Jul 2004
    mls logo MLS # 70028903
  • Jul 7, 2004 Sold
    $545,000
  • May 3, 2004 Listed
    $500,000 (+53.9%)
  • Jul 2004
    Public Records
  • Jul 7, 2004 Sold
    $545,000 (+9.0%)
  • Apr 2001
    Public Records
  • Apr 26, 2001 Sold
    $324,900
  • Feb 2001
    mls logo MLS # 30481401
  • Feb 26, 2001 Listed
    $324,900 (+8.3%)
  • Jul 1999
    mls logo MLS # 30341383
  • Jul 27, 1999 Listed
    $299,900 (-8.4%)
  • Oct 1998
    mls logo MLS # 30263811
  • Oct 1, 1998 Listed
    $327,500
  • Year Property taxes Tax assessment
  • 2025
    $7,995 +42.2%
    $688,000 +44.3%
  • 2024
    $5,621 -8.7%
    $476,800 -2.57%
  • 2023
    $6,157 -3.4%
    $489,400 +7.89%
  • 2022
    $6,373 -1.0%
    $453,600 +3.18%
  • 2021
    $6,440 +6.5%
    $439,600 +5.52%
  • 2020
    $6,045 +15.0%
    $416,600 +16.17%
  • 2019
    $5,257 +4.2%
    $358,600 +4.09%
  • 2018
    $5,047 +6.1%
    $344,500 +5.55%
  • 2017
    $4,759 -4.1%
    $326,400
  • 2016
    $4,965
    —
  • 55 Dean Ave
    $960K
  • Downtown Franklin
    $557K -4% y/y
  • 02038
    $599K -5% y/y
  • Franklin
    $644K -3% y/y
No chart available
Statistics calculated by Movoto

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7/10
Helen Keller Elementary School
public Grades K-5
Franklin School District
7/10
Annie Sullivan Middle School
public Grades 6-8
Franklin School District
9/10
Franklin High School
public Grades 9-12
Franklin School District
Source: GreatSchools.org © 2026. All rights reserved.

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