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$1,599,000

371 Cherry St Newton, MA 02465

4 beds
2 full, 1 partial
3,113 sqft
0.2 acres
$514 / sqft
Multi-Family

Property details

About 371 Cherry St

Rare WEST NEWTON opportunity for BUILDERS, INVESTORS, or OWNER-OCCUPIERS seeking FLEXIBILITY. Set on an 8,810 SF lot in MR1 zoning, this property offers MULTIPLE VALUE-ADD PATHS. Seller has ALREADY OBTAINED HISTORICAL DEMOLITION APPROVAL, engaged an ARCHITECT for NEW DESIGN PLANS, and PERMIT APPLICATION is IN PROCESS—saving months of pre-construction time. Ideal for a FULL REBUILD into TWO MULTI-MILLION-DOLLAR HOMES or a HIGH-END CONDO PROJECT. Existing structure offers two spacious units with bonus rooms, updated kitchens, and attic expansion potential if you prefer a RENOVATION approach. Or simply HOLD for rental income while finalizing redevelopment plans. STEPS to West Newton Square, commuter rail, express bus, and major highways. Whether you HOLD, RENOVATE, or REBUILD, this property delivers ENDLESS POSSIBILITIES in one of Newton’s MOST DESIRABLE neighborhoods. OH Sat 11-12.30 and Sun 10.30-12.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
(New)
CoolingCentral Air
Size3,113 sqft
Lot size0.2 Acres
Year built1880
ParkingPaved Drive, Off Street, Paved
MLS #73409119

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Flooring Type: Tile, Hardwood
  • Interior: Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Bathroom With Tub, Floored Attic, Pantry, Open Floorplan, Living Room, Kitchen, Office/Den, Laundry Room
  • Total Bedroom Count: 4
  • Parking: Paved Drive, Off Street, Paved
  • Exterior: Balcony, Rain Gutters, Professional Landscaping
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $1,599,000
  • Price/SqFt: $513
  • Annual Tax Amount: $11,308
  • Tax Year: 2024
  • Directions: Washington Street to Cherry Street. Use GPS.
  • Year Built: 1880
  • Stories: 2
  • Living Area: 3,113 SqFt
  • Lot Size: 0.2 Acres
  • MLS Number: 73409119
  • MLS Name: MLS Property Information Network
  • Office Name: Phoenix Real Estate Partners, LLC
  • Office Phone: (617) 335-2372
  • Listing Agent: David SY Li

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/26/2025, 10:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Sep 06, 2023
Home Sold
$1,250,000

Tax history

YearAssessmentProperty Tax
2024$1,158,600$11,308
2023$1,068,800$10,880
2022$989,600$10,411
2021$907,900$9,769
2020$907,900$9,478
2019$848,500$8,867

History based on county public records data.

Nearby schools

9

Franklin Elementary School

Public District KG-5

0.5 mi

125 Derby St

7

Burr Elementary School

Public District KG-5

0.6 mi

171 Pine St

7

Peirce Elementary School

Public District KG-5

0.7 mi

170 Temple St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $96,780. The majority of Newton, MA residents have income between $100k-200k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

20%
<35k
31%
35k-100k
35%
100k-200k
14%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

41%
Single, No Kids
8%
Single, with Kids
23%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
45%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Skiing/snowboardingSkiing/snowboarding
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • The Container StoreThe Container Store
  • NordstromNordstrom
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • California Pizza KitchenCalifornia Pizza Kitchen
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • LexusLexus

What do the neighbors listen to?

  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 371 Cherry St

The listing price of 371 Cherry St property is $1,599,000.

The property 371 Cherry St is a multi located in Newton, Massachusetts, 02465.

Active Listing: 371 Cherry St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 371 Cherry St are: Franklin Elementary School (GreatSchools Rating 9/10), Burr Elementary School (GreatSchools Rating 7/10), Peirce Elementary School (GreatSchools Rating 7/10), F. A. Day Middle School (GreatSchools Rating 8/10), John W. McDevitt Middle School (GreatSchools Rating 5/10), Watertown Middle School (GreatSchools Rating 5/10), Newton North High School (GreatSchools Rating 8/10), Watertown High School (GreatSchools Rating 6/10), Waltham Sr High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $11,308 (source: MLS/based on county public records data).

The last sale was on September 6, 2023 for $1,250,000 (source: MLS/tax record).

The property 371 Cherry St is 3,113 SqFt (source: MLS/tax record).

The year of construction for 371 Cherry St is 1880.

This home is located at 371 Cherry St in Newton, MA and zip code 02465 in the West Newton neighborhood. This 3,113 square foot home, which was built in 1880, sits on a 0.20 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $1,599,000.

While more than 37 listings in Newton, MA in June 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 33 were sold below. The number of listings in Newton, MA decreased by 2.3% between May and June 2025. While the average time on the market in June 2025 was 28 days, the median list price was $1,572,444.

From Rocket Homes Real Estate and based on county public records data.

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