Prime Cambridge Investment Opportunity! Developers, investors, and contractors—this is your chance to capitalize on a rare find in one of Cambridge’s most sought-after locations - The Port. Currently configured as a two-family, this property has been historically assessed as a three-family, offering incredible potential for redevelopment, condo conversion, or rental income. Perfectly situated between Central and Kendall Square T stations, with easy access to Harvard University and MIT, this property is an unbeatable investment. Featuring two tandem off-street parking spots, it provides a key convenience in this high-demand neighborhood. Whether you’re looking to restore, renovate, or reimagine, the possibilities here are endless. Property will be delivered vacant at closing and sold as-is. Don’t miss out on this exceptional opportunity to make your mark in Cambridge!
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| Year | Land | Building | Total | Change |
|---|---|---|---|---|
| FY2026 | $644,700 | $1,040,100 | $1,684,800 | — |
| Date | Price | Book/Page |
|---|---|---|
| Mar 28, 2025 | $1,705,000 | 83905/0117 |
This property sold for 19.6% above the original asking price, indicating strong buyer demand.
With only 22 days on market, this was a quick sale compared to typical market conditions.
Area 4-The Port
385 Washington St, Cambridge MA 02139
Cambridge, MA 02139
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/28/2025 | ✓ Sold | $1,705,000 | - | - | Property sold |
| 02/01/2025 | 🏠 Listed for Sale | $1,425,000 | - | - | Original listing |
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