A 16-unit condominium community in Dorchester, Boston.
Market figures reflect closed sales over recent sales. Data sourced from MLS PIN.
# One Melbourne Place Condominium
One Melbourne Place is a 16-unit brick condominium building located in Dorchester, offering an accessible entry point into Boston's real estate market. With recent median sales at $140,000 and pricing around $221 per square foot, the building attracts both owner-occupants and investment-minded buyers seeking value in an established neighborhood.
Based on available listings, units at One Melbourne Place feature:
The building contains a mix of unit sizes to accommodate different living situations. Studio condominiums are available for those seeking compact, efficient living spaces. Two-bedroom units represent some of the most competitively priced options in Dorchester for that bedroom count, making them particularly attractive to investors evaluating cash flow potential.
Transit Access
One Melbourne Place delivers meaningful walkability to Boston's transit system. Units are situated within a five-minute walk to the Red Line, with Shawmut Station also accessible on foot. This proximity directly impacts commute times for residents working downtown or anywhere along the Red Line corridor—a material advantage for those prioritizing urban accessibility without car dependency.
Neighborhood Character
The building occupies a quiet residential street, providing relief from urban noise while maintaining central location advantages. The immediate surroundings include Cronin Playground and a cluster of local restaurants, creating a balanced neighborhood feel with both recreational space and dining options.
Market Context
Recent transaction data shows a median sale price of $140,000, with properties spending approximately 144 days on market. The $221 per square foot valuation reflects Dorchester's competitive positioning within Boston's broader real estate landscape—offering substantially lower entry costs than many adjacent neighborhoods while maintaining Red Line connectivity.
Investment Perspective
The two-bedroom units merit particular attention from investors. The combination of low acquisition costs, proximity to transit, and neighborhood amenities creates a logical foundation for rental income strategies. The walkable location near Shawmut Station reduces tenant reliance on personal vehicles, an increasingly valuable feature in urban housing markets.
One Melbourne Place represents straightforward residential real estate: solid brick construction, transit access, and pricing that reflects Dorchester's market fundamentals rather than premium positioning.
Justin Rollo is a Massachusetts real estate expert with over a decade of experience and hundreds of South Shore transactions. He tracks every sale, pending, and price movement inside One Melbourne Place — so whether you're buying into the community or thinking about selling, you're working with someone who knows this specific association inside and out.
Ask Justin about One Melbourne Place →Over recent sales, units at One Melbourne Place Condominium sold at a median of $140,000, about $221 per square foot.
One Melbourne Place Condominium is a 16-unit condominium association in Boston, MA.
Recent sales at One Melbourne Place Condominium averaged about 144 days on market, with 1 closings in the period.
