Three-Unit Residential
218-220 Walden St, Cambridge, MA 02140
For Sale
$1,750,000
Pending
Residential Income, Cambridge, MA
Property Size3,024 SF
Lot Size0.10 Acres
Days on Market50
Property Features for 218-220 Walden St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
enclosed porch
private deck
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Realty Boston Northwest
(617) 497-8900
Listed By:
Christina Hill
(978) 369-5775
Added: Sep 22
Changed: Oct 24
Last Checked: Nov 10 at 3:06AM
MLS# 73580976
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1928, this three-unit residential property contains 3,024 square feet on a 0.0986-acre parcel. Each residence includes two bedrooms, one full bathroom, an enclosed porch, and a private deck, creating a consistent configuration across the building. The property has six bedrooms and three full bathrooms overall and is zoned C-1.
Located in Cambridge, the property is near shops, restaurants, public transportation, and neighborhood amenities. The 218-220 Walden Street address places all three residences within one established multifamily asset, with outdoor space provided for each unit.
Located in Cambridge, the property is near shops, restaurants, public transportation, and neighborhood amenities. The 218-220 Walden Street address places all three residences within one established multifamily asset, with outdoor space provided for each unit.
Key Highlights
- Three‑unit property with 3,024 square feet
- Each unit includes 2 bedrooms and 1 full bathroom
- Every residence has an enclosed porch and private deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,854
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,080
$1.5M
Cap Rate 7%
$1,083,629
$1.1M
Cap Rate 9%
$842,822
$842.8K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$114.3K $37.80/SF
− Vacancy
−$5.9K −$1.97/SF
EGI
$108.4K $35.83/SF
− OpEx
−$32.5K −$10.75/SF
NOI
$75.9K $25.08/SF
Area
Cambridge, MA
Vacancy
5.20%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,517,080
Cap Rate 7%
$1,083,629
Cap Rate 9%
$842,822
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$948.2K – $1.26M
NOI $75,854 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$1.01M
$886.2K – $1.18M
NOI $70,892 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,195 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,409
Businesses Nearby
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Business Placement
Demographics for 02140, MA
21,447
Population
11,117
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
95%
High-School Grad
1.2 sq mi
ZIP Area
17,873
Density / Sq Mi
$136,382
Median Household Income
$77,506
Median Earnings
$2,581
Median Rent
$1,070,200
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Middlesex County, MA
Properties on Market for Triplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences provide matching two-bedroom layouts with enclosed porches and private outdoor decks.
Where is this triplex located?
The property is located at 218-220 Walden St Cambridge, MA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Three‑unit property with 3,024 square feet; Each unit includes 2 bedrooms and 1 full bathroom; Every residence has an enclosed porch and private deck
