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157 Elm Street, Somerville MA 02144

Somerville, MA 02144 • Davis Square
$1,695,000
Est. $10,201/month
6
Beds
3
Baths
2,719
Sq Ft
$623
Price/Sq Ft
0.10
Acres
1920
Year Built
4 hours 33 minutes
Time on Market
Active Open House Listed Jun 24, 2026 • MLS# 73540783 Copied!

About this home

Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building's desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafés, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville's most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
6
Full Bathrooms
3
Living Area
2,719 sq ft
Total Rooms
15
Stories
3
Levels
3

Open House Schedule

27
Jun
Saturday, June 27
12:30 PM - 1:30 PM EDT
25
Jun
Thursday, June 25
12:30 PM - 1:30 PM EDT
26
Jun
Friday, June 26
12:30 PM - 1:30 PM EDT
28
Jun
Sunday, June 28
12:30 PM - 1:30 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1920
Living Area 2,719 sq ft
Lot Size 0.10 acres
Bedrooms 6
Full Baths 3
Total Rooms 15

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partially Finished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Enclosed, Patio

Parking

Features None
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $17,164
Assessed Value $1,563,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Enclosed, Patio
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features:

Location

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Neighborhood

Davis Square

157 Elm Street, Somerville MA 02144

Somerville, MA 02144

Walkability

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Nearby Schools

School District
Somerville School District local
B-
School Safety 2024-25
2.5% Average
1.4% Suspensions 2.2% In-School 1.1% Emergency
3.0% below state avg
E

Elementary Schools

9 schools
A
John F Kennedy School
0.2 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
St. Theresa of the Child Jesus School
0.6 mi
Grades PK-08
C+
Arthur D Healey School
1.3 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
1.4 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
1.6 mi | #287 of 352 | Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.7 mi | #245 of 352 | Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students Diverse
Grades PK-08
A+
Benjamin G Brown School
0.5 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
0.6 mi
Grades PK-K
Capuano Early Childhood Center
1.8 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
M

Middle Schools

1 school
Next Wave Junior High School
1.3 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
1.3 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
1.3 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,430
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Jun 24, 2026
New showing requirements
🏠
Listed for Sale
Jun 24, 2026
$1,695,000
Original listing
Agent: Iliyan Padinkov Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Jun 24, 2026 New Listing Added $1,695,000

Market Statistics

Time on Market
4 hours 33 minutes
Price per Sq Ft
$623

Tax History

Year Taxes Assessment
2026 $17,164 $1,563,200

Financial Details

Annual Property Tax
$17,164
Tax Year 2026
Assessed Value
$1,563,200

Listing Information

Listing Agent Iliyan Padinkov
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID CN200707
Office MLS ID AN6192
Listing Data Updated Jun 24, 2026 12:40 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Somerville, MA

Real-time market trends and pricing data for this area

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