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15-Unit Multifamily Portfolio
For Sale
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44 Columbia St, Cambridge, MA 02139

Two-building apartment offering with all units leased.

Property SizeContact for details
Days on Market131

Property Features for 44 Columbia St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Asking Price $10,500,000
Multifamily Units 15

Building Details

Buildings 2
Listing Agency: Hunneman
Listed By: Carl Christie · License #MA 9521806
Source: Crexi
Added: Apr 24 Changed: Aug 31 Last Checked: May 7 at 4:28AM

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 Hunneman

Investment Insights

Based on property information with market context.

This multifamily offering includes two apartment buildings totaling 15 units. The property at 246-250 Brookline Street contains 9 units and is located in Cambridgeport, while the 6-unit building at 44 Columbia Street is situated in Central Square.

Both buildings are fully leased, providing an existing occupied configuration across the portfolio. The offering combines the two Cambridge properties in a single transaction and includes apartment assets in two established city neighborhoods.

Key Highlights

  • 15‑unit apartment portfolio comprising two Cambridge buildings
  • 9 units at 246‑250 Brookline Street in Cambridgeport
  • 6‑unit building at 44 Columbia Street in Central Square

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nail Salon Big Box & Wholesale Store Food Market Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

15
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,472
Businesses Nearby

Demographics for 02139, MA

39,525
Population
16,930
Households
2.3
Avg Household Size
30
Median Age
78%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
24,703
Density / Sq Mi
$124,648
Median Household Income
$61,025
Median Earnings
$2,613
Median Rent
$1,066,200
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?
Apartment building - Two-building apartment offering with all units leased.
Where is this apartment building located?
The property is located at 44 Columbia St Cambridge, MA.
What are key features of this property?
This property features: 15‑unit apartment portfolio comprising two Cambridge buildings; 9 units at 246‑250 Brookline Street in Cambridgeport; 6‑unit building at 44 Columbia Street in Central Square
(781) 888-5284 Call to check price and availability
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