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241 Highland Ave, Somerville MA 02143

Somerville, MA 02143
$1,900,000
Est. $10,548/month
6
Beds
4
Baths
4,247
Sq Ft
$447
Price/Sq Ft
0.07
Acres
1900
Year Built
4 hours 1 minute
Time on Market
Active Open House Listed May 6, 2026 • MLS# 73513408 Copied!

About this home

Solid mixed-use investment opportunity in the heart of Somerville. 241 Highland Ave features three fully occupied 2-bed/1-bath residential units all on current leases, plus a vacant 2,000 sq. ft. commercial space ready to be built out. The commercial space features high ceiling heights and an unfinished basement offering plenty of additional storage ideal for a range of business uses. The residential units offer hardwood floors throughout, good natural light, and functional layouts with room to add value. Units 1 and 3 feature renovated kitchens. Unit 2 features an updated bathroom. Situated between Magoun Square, Davis Square, and Porter Square with steady foot traffic and strong rental demand. Easy access to the MBTA Red Line and bus routes, with a quick commute into Boston. Street parking only.

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Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
4
Living Area
4,247 sq ft
Total Rooms
18
Stories
4
Levels
4

Open House Schedule

09
May
Saturday, May 9
1:00 PM - 2:30 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 4,247 sq ft
Lot Size 0.07 acres
Bedrooms 6
Full Baths 4
Total Rooms 18

Interior

Heating Steam, Natural Gas, Forced Air
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Concrete, Unfinished
Laundry None
Features Upgraded Cabinets, Upgraded Countertops, Ceiling Fan(s), Storage, Open Floorplan, Living Room, Kitchen

Exterior

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

Parking

Features Paved Drive

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,884
Assessed Value $814,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Upgraded Cabinets, Upgraded Countertops, Ceiling Fan(s), Storage, Open Floorplan, Living Room, Kitchen
Windows: Skylight(s)
Basement: Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame, Brick
Roof: Shingle, Rubber
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating: Steam, Natural Gas, Forced Air
Heating Zones: 3
Cooling: None
Cooling Zones: 1
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Parking Features: Paved Drive

Location

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Neighborhood

241 Highland Ave, Somerville MA 02143

Somerville, MA 02143

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

3 schools
St. Theresa of the Child Jesus School
0.3 mi
Grades PK-08
A
John F Kennedy School
0.4 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 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
M

Middle Schools

3 schools
Next Wave Junior High School
0.8 mi
16 students Diverse
Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
1.0 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
Allium Montessori School
1.1 mi
Grades 01-06
H

High Schools

3 schools
F
Full Circle High School
0.8 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
0.8 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
0.8 mi
11 students Diverse
Diverse Student Body
Grades 09-12
Learn about these ratings

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 $740
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

Property Timeline

🏠
Listed for Sale
May 6, 2026
$1,900,000
Original listing
Agent: The Boston ONE Team Office: Serhant

Price & Status History

Date Event Price Change
May 6, 2026 New Listing Added $1,900,000

Market Statistics

Time on Market
4 hours 1 minute
Price per Sq Ft
$447

Tax History

Year Taxes Assessment
2025 $8,884 $814,300

Financial Details

Annual Property Tax
$8,884
Tax Year 2025
Assessed Value
$814,300

Listing Information

Listing Agent The Boston ONE Team
Listing Office Serhant
Agent MLS ID TM362171
Office MLS ID AN9455
Listing Data Updated May 6, 2026 11:32 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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Market Analytics for Somerville, MA

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