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Two-Residence Multifamily Property
For Sale
$2,800,000

237-239 Mt Auburn Street, Cambridge, MA 02138

Two separate condominium residences with private outdoor areas and flexible living or office configurations.

Property Size2,660 SF
Lot Size0.09 Acres
Price / SF$1,052
Days on Market137

Property Features for 237-239 Mt Auburn Street

General Information

Standard status Active
Size 2,660 SF
Total Parking Spaces 2
Lot size 0.09 Acres
Property subtype Multi-Family
Zoning Res
Net Operating Income $29,000

Units

Unit Mix 2BR/2BA, 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,111

Building Details

Building Size 2,660 SF
Year Built 1873
Buildings 2
Stories 4
Listing Agency: Atlantic Properties
Listed By: Chris Bernier
Source: Churchillprop
Added: Apr 16 Changed: Aug 29 Last Checked: Aug 29 at 3:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Properties

Investment Insights

Based on property information with market context.

This multifamily property comprises two freestanding condominium residences totaling 2,660 square feet on an approximately 4,000 square foot lot. The front home includes two bedrooms and two baths on the main level, along with a private deck and balcony oriented toward Charles River views. The rear residence provides two second-floor bedrooms, one bathroom, and a lower-level area suited to office or studio use that is excluded from the living area. A garden and patio serve the rear property.

The front residence has updates dating to the early 2000s, while the rear residence is currently rented. The property is located at 237-239 Mt Auburn Street in Cambridge’s Half Crown–Marsh District, near Harvard Square, the Charles River, and Mt. Auburn Hospital. Built in 1873 and zoned Res, the two-home configuration supports continued residential use with separate outdoor spaces.

Key Highlights

  • Two freestanding condominium residences totaling 2,660 square feet
  • Approximately 4,000 sq ft lot with Res zoning
  • Front residence has 2 bedrooms, 2 baths, a private deck, and balcony

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Nail Salon Food Market Spa & Massage Center Grocery & Convenience Store Barber Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,890
Businesses Nearby

Demographics for 02138, MA

37,982
Population
16,132
Households
2.4
Avg Household Size
30
Median Age
86%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
14,067
Density / Sq Mi
$122,040
Median Household Income
$46,436
Median Earnings
$2,799
Median Rent
$1,088,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate condominium residences with private outdoor areas and flexible living or office configurations.
Where is this multifamily property located?
The property is located at 237-239 Mt Auburn Street Cambridge, MA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Two freestanding condominium residences totaling 2,660 square feet; Approximately 4,000 sq ft lot with Res zoning; Front residence has 2 bedrooms, 2 baths, a private deck, and balcony
More about this property
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