174 Walnut Street, Somerville MA 02145
Somerville, MA 02145
$3,300,000
Est. $18,200/month
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About this home
Rare opportunity to own a newly renovated three-family investment property in a high-demand Somerville location. 174 Walnut Street offers approx. 5,921 total gross SF across three spacious residences: a massive duplex Unit 1 with approx. 3,044 SF, 6 effective bedrooms, 3 full baths, private deck access, and excellent rental flexibility; Unit 2 with approx. 1,532 SF, 3 bedrooms, 2 full baths, in-unit laundry, and a modern kitchen/living layout; and top-floor Unit 3 with approx. 1,345 SF, 2 bedrooms, 2 full baths, skylights, in-unit laundry, and efficient living/dining space. The property includes driveway/off-street parking, outdoor/exclusive-use areas, and strong access to Somerville amenities, transit, restaurants, shopping, and major employment centers. A compelling asset for investors or owner-occupants seeking scale, flexibility, and long-term upside.
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Recently Sold Nearby
Property History
Market Insights
69.7%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Jun 27, 2026
$3,300,000
Original listing
Agent: Kirsten McEleney
Office: KM Real Estate Group
Previous Transaction - MLS #73139256
Full transaction history available when tracking began
Previously Sold
Oct 31, 2023
$1,000,000
MLS #73139256
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/27/2026 | 🏠 Listed for Sale | $3,300,000 | - | - | Original listing |
| 10/31/2023 | 🏷️ Previously Sold | $1,000,000 | - | - | MLS #73139256 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $15,766 | $1,435,900 |
Financial Details
Annual Property Tax
$15,766
Tax Year 2026
Assessed Value
$1,435,900
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1900
Living Area
5,921 sq ft
Lot Size
0.10 acres
Bedrooms
11
Full Baths
8
Total Rooms
20
Investment Metrics
Units
3
Unit 1 Rent
$7,500/mo · Y
Unit 2 Rent
— · N
Unit 3 Rent
— · N
Total Monthly Rent
$7,500/mo
Gross Income
$90,000
Net Operating Income
$90,000
Cap Rate
2.73%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Off Street
Total Spaces
3
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$15,766
Assessed Value
$1,435,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Measured
Documents
None
County
Middlesex
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
11
Full Bathrooms
8
Living Area
5,921 sq ft
Total Rooms
20
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,409 sq ft above grade
1,512 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street
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
Elementary Schools
3 schools
C-
Winter Hill Community School
0.3 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
0.4 mi
|
#245 of 352
|
Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students
Diverse
Grades PK-08
C+
Arthur D Healey School
0.5 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
Middle Schools
3 schools
Next Wave Junior High School
0.3 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
B-
John J. McGlynn Middle School
1.1 mi
|
#206 of 352
|
Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
1.3 mi
|
#214 of 352
|
Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students
Very Diverse
Diverse Student Body
Grades 06-08
High Schools
3 schools
F
Full Circle High School
0.3 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
0.3 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
Curtis-Tufts School
1.2 mi
11 students
Diverse
Diverse Student Body
Grades 09-12
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Loan Amount
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Total Interest
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,314
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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$0
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$0
Rate Impact
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Payment Over Time
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.
Location
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Neighborhood
174 Walnut Street, Somerville MA 02145
Somerville, MA 02145
Listing Information
Listing Agent
Kirsten McEleney
Listing Office
KM Real Estate Group
Office Phone
781-307-8843
Agent MLS ID
CN244073
Office MLS ID
AN7964
Listing Data Updated
Jul 1, 2026 3:09 AM 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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