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Two-Family Duplex with Deck

386-388 Huron, Cambridge, MA 02138

For Sale
$1,790,000

Two distinct residences include individual kitchens and washer/dryer hookups.

Property Size3,113 SF
Price / SF$575.01
Days on Market17

Property Features for 386-388 Huron

General Information

Standard status Active
Size 3,113 SF
Property subtype 2 Family - 2 Units Up/Down

Site & Location

Neighborhood Neighborhood Nine

Additional Details

Multifamily Units 2

Amenities

deck
fenced yard
private off street parking

Building Details

Year Built 1903
Buildings 1
Listing Agency: Leading Edge Real Estate
Listed By: Amy Tillotson
Source: Lockandkeyre
Added: Oct 22 Changed: Nov 7 Last Checked: Nov 7 at 2:58PM

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 Leading Edge Real Estate

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Investment Insights

Based on property information with market context.

Built in 1903, this 3,113-square-foot duplex contains two residences with separate living and dining areas, kitchens and bathrooms. The first-floor unit has two bedrooms, a pantry and washer/dryer hookups. The upper residence includes a den, three bedrooms, an additional bedroom/office space, and its own washer/dryer hookups. Sliding doors open from the kitchen to a deck. The property is being sold as is.

The grounds include a fenced yard and private off-street parking. Shops and restaurants including Fromaggio Kitchen, Sumi House, Imagine and Crate Escape are nearby, with access to Fresh Pond, Observatory Hill and the Mount Auburn/Brattle Street corridor.

Key Highlights

  • 3,113‑square‑foot duplex built in 1903
  • Two residences, each with a kitchen and washer/dryer hookups
  • First‑floor residence has 2 bedrooms; upper residence has 3 bedrooms plus a bedroom/office space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,087
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,561,740 $1.6M
Cap Rate 7%
$1,115,529 $1.1M
Cap Rate 9%
$867,633 $867.6K
Market Conditions
NOI Build-Up for 3,113 SF
Gross rent
$117.7K $37.80/SF
− Vacancy
−$6.1K −$1.97/SF
EGI
$111.6K $35.83/SF
− OpEx
−$33.5K −$10.75/SF
NOI
$78.1K $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%
$1,561,740
Cap Rate 7%
$1,115,529
Cap Rate 9%
$867,633

Alternative Uses

Best Use
Multifamily LT 5
$1.12M
$976.1K – $1.30M (±1% cap)
NOI $78,087 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$1.04M
$912.2K – $1.22M (±1% cap)
NOI $72,979 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M (±1% cap)
NOI $167,998 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,536
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

Average Price Trend$/SF for Duplexes in Cambridge, MA

$789 Jul
$754 Aug
$772 Sep
$840 Oct

Properties on Market for Duplexes in Cambridge

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two distinct residences include individual kitchens and washer/dryer hookups.
Where is this duplex located?
The property is located at 386-388 Huron Cambridge, MA.
What is the asking price?
The asking price for this property is $1,790,000.
What are key features of this property?
This property features: 3,113‑square‑foot duplex built in 1903; Two residences, each with a kitchen and washer/dryer hookups; First‑floor residence has 2 bedrooms; upper residence has 3 bedrooms plus a bedroom/office space
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