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Cambridge Multifamily Investment Opportunity
For Sale
$4,242,000
Pending

60 Ellery St, Cambridge, MA 02138

Four-unit multifamily property in a desirable Cambridge location.

Property Size4,564 SF
Lot Size0.12 Acres
Days on Market266

Property Features for 60 Ellery St

General Information

Standard status Pending
Size 4,564 SF
Lot size 0.12 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $24,564

Building Details

Building Size 4,564 SF
Year Built 1910
Stories 4
Units 4
Listing Agency: Regatta Realty
Listed By: Chen Zheng
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 21 at 11:23AM

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 Regatta Realty

Investment Insights

Based on property information with market context.

This four-unit multifamily property is situated in the sought-after mid-Cambridge area, conveniently located near Harvard Square, Inman Square, and Central Square. The unit mix includes three 3-bedroom/2-bathroom units, one 3-bedroom/2.5-bathroom unit, and one 1-bedroom/1-bathroom unit. The property is professionally managed and presents a rare investment opportunity within one of Cambridge's most dynamic neighborhoods.

Key Highlights

  • Prime Mid‑Cambridge Location: Close proximity to Harvard, Inman, and Central Squares.
  • Multifamily Property: 4 units offering diverse rental opportunities.
  • Unit Mix: Includes three 3‑bedroom units (two with 2 baths, one with 2.5 baths) and one 1‑bedroom unit.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Cosmetic Store Carpet & Flooring Store Home Appliance Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

5,416
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily property in a desirable Cambridge location.
Where is this quadplex located?
The property is located at 60 Ellery St Cambridge, MA.
What is the asking price?
The asking price for this property is $4,242,000.
What are key features of this property?
This property features: Prime Mid‑Cambridge Location: Close proximity to Harvard, Inman, and Central Squares.; Multifamily Property: 4 units offering diverse rental opportunities.; Unit Mix: Includes three 3‑bedroom units (two with 2 baths, one with 2.5 baths) and one 1‑bedroom unit.
More about this property
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