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22 Madison Ave, Cambridge MA 02140

Cambridge, MA 02140
$3,100,000
Est. $17,437/month
9
Beds
6
Baths
3,957
Sq Ft
$783
Price/Sq Ft
0.10
Acres
1923
Year Built
3 hours 56 minutes
Time on Market
Active Open House Listed Mar 25, 2026 • MLS# 73491363 Copied!

About this home

Rare investment opportunity at this masterfully gut-renovated (2023) three-family building situated on a quiet one-way street in North Cambridge. This turnkey property features three spacious, identical 3-bedroom, 2-bathroom apartments boasting high ceilings, new windows, and elegant flooring throughout. Each designer unit is equipped with premium stainless steel appliances, quartz countertops, and dedicated high-efficiency systems including central AC, gas furnaces, and on-demand hot water. Investors will benefit from units being separately metered for all utilities and a heavy-duty fire sprinkler system with a dedicated storage tank. Beyond the massive basement storage, this property offers incredible value-add potential with a newly approved plan to add a fourth floor or addition in accordance with Cambridge’s housing policy, significantly increasing future income. Boasting a 92 Bike Score, this prime location is just 0.5 miles to Alewife Station.

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Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1923
Bedrooms
9
Full Bathrooms
6
Living Area
3,957 sq ft
Total Rooms
15
Stories
3
Levels
3

Open House Schedule

29
Mar
Sunday, March 29
11:30 AM - 1:00 PM EDT
28
Mar
Saturday, March 28
11:30 AM - 1:00 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1923
Living Area 3,957 sq ft
Lot Size 0.10 acres
Bedrooms 9
Full Baths 6
Total Rooms 15

Interior

Heating Central, Natural Gas
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Oven, Rangetop - Energy Star
Fireplace None
Basement Full, Unfinished
Laundry None
Features Living Room, Kitchen, Laundry Room

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Off Street, Assigned, Driveway
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $18,735
Assessed Value $2,730,000

Interior Features

Flooring:
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Rangetop - ENERGY STAR
Interior Features: Living Room, Kitchen, Laundry Room
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1923
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating: Central, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water: Natural Gas, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Assigned, Driveway

Location

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Neighborhood

22 Madison Ave, Cambridge MA 02140

Cambridge, MA 02140

Walkability

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Nearby Schools

School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

10 schools
Lycee International de Boston/International School of Boston, Inc.
0.3 mi
Grades 01-12
A
Benjamin Banneker Charter Public School
0.6 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Cambridge Friends School
0.9 mi
Grades PK-08
Cambridge Montessori School
1.0 mi
Grades PK-06
Fayerweather Street School
1.1 mi
Grades PK-08
St. Peter Elementary School
1.3 mi
Grades PK-08
Shady Hill School
2.0 mi
Grades PK-08
C
Prospect Hill Academy Charter School
2.9 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
A
Amigos School
2.9 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
International School of Boston
0.3 mi
Grades PK-K
M

Middle Schools

5 schools
Allium Montessori School
1.7 mi
Grades 01-06
A
Rindge Avenue Upper School
0.7 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
A-
Putnam Avenue Upper School
2.6 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
3.0 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
B+
Darby Vassall Upper School
3.3 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
3.0 mi
Grades 07-12
NuVu Innovation School
3.1 mi
Grades 08-12
B-
Community Charter School of Cambridge
3.4 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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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 $1,561
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

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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

Property Timeline

🏠
Listed for Sale
Mar 25, 2026
$3,100,000
Original listing
Agent: Montivista Real Estate Group Office: eXp Realty

Price & Status History

Date Event Price Change
Mar 25, 2026 New Listing Added $3,100,000

Market Statistics

Time on Market
3 hours 56 minutes
Price per Sq Ft
$783

Tax History

Year Taxes Assessment
2026 $18,735 $2,730,000

Financial Details

Annual Property Tax
$18,735
Tax Year 2026
Assessed Value
$2,730,000

Listing Information

Listing Agent Montivista Real Estate Group
Listing Office eXp Realty
Agent MLS ID TM346541
Office MLS ID AC0342
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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