11 Derby St

$849,000
Price
2
Beds
1,901 Sq. Ft.
$447 / Sq. Ft.
1,901
Sq. Ft.
$447
per Sq. Ft.

Description

Prime investment/development opportunity in Waltham’s desirable South Side! This two-family sits on a 5490sf RB-zoned lot. 1647 sq ft allowable footprint per Waltham’s Small Lot/Old Lot Opinion guidelines (lot created prior to 1942). Buyers may rebuild two units and add an ADU, with the ADU required to be conveyed with one of the primary units. Old Lot Opinion would allow a new 1647sf footprint (not required to match existing) and requires 16 ft combined side setback. Existing structure offers holding...Prime investment/development opportunity in Waltham’s desirable South Side! This two-family sits on a 5490sf RB-zoned lot. 1647 sq ft allowable footprint per Waltham’s Small Lot/Old Lot Opinion guidelines (lot created prior to 1942). Buyers may rebuild two units and add an ADU, with the ADU required to be conveyed with one of the primary units. Old Lot Opinion would allow a new 1647sf footprint (not required to match existing) and requires 16 ft combined side setback. Existing structure offers holding income with two 1-bed units each TAW rented at $1,900/mo. Incredible opportunity for builders, developers, or investors looking for value-add potential in a prime location. Buyer to perform all due diligence.
  1. Listed by Lisa Lyons • Coldwell Banker Realty - Waltham

Property Details for 11 Derby Street

Town
Waltham
Area
MA-Waltham
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 12/07/2025 03:09 AM

Property Details for 11 Derby Street

StatusActive
MLS #73459250
Days on Market12
Taxes$8,033 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Waltham, Lisa Lyons
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Building Information for 11 Derby Street

Stories3Residences2Year Built1900Building Size-Lot Size0.13 AC / 5,489 SF

Payment Calculator

$4,865 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,195

Property Taxes

$669

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11 Derby Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
  • Living Area: 1901.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Deck - Wood
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 841483
  • Assessments: $818,000
  • Book: 69529
  • Tax Year: 2025
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Levels: 3
Income / Expenses
  • GOI: $45,600.00
  • NOI: $45,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,800.00

Property History for 11 Derby Street

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

MLS PIN #73459250

$849,000
Aug 5, 1992

Sold (Public Record)

Public Record #88185057

$145,000
DateEvent & SourcePrice
12/03/2025

Listed (Active)

MLS PIN #73459250

$849,000
08/05/1992

Sold (Public Record)

Public Record #88185057

$145,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11 Derby Street

Taxable ValueLand$358,400Additions$459,600Total$818,000
Tax Record2025$8,033 ($669 / month)
Home Facts
Baths3Total Finished SqFt1,901 SqFtAbove Grade Finished SqFt1,901 SqFtUnfinished Basement SqFt753 SqFtStories3Lot Size5,489 SqFtStyleTriplexYear Built1900Zoning1CountyMIDDLESEXAPNWALT M:077 B:028 L:0002

Schools near 11 Derby Street

This home is within Waltham School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Henry Whittemore Elementary School
PublicK to 5

John W. McDevitt Middle School
Public6 to 8

Waltham Sr High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11 Derby Street is a multi-family home for sale in Waltham, MA 02453. This property was listed for sale on December 3, 2025 by Coldwell Banker Realty - Waltham, it's currently listed at $849,000. It has been on the market for a total of 12 days and was last sold on August 5, 1992. This listing's school district is Waltham School District. Nearby schools include Henry Whittemore Elementary School, John W. McDevitt Middle School and Waltham Sr High School. 11 Derby Street is a 2-bed, 2-bath, 1,901 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Waltham, Lisa Lyons

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.