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343 Harvard St, Cambridge MA 02139

Cambridge, MA 02139 • Harvard Square
$2,325,000
Est. $13,092/month
7
Beds
5
Baths
4,294
Sq Ft
$541
Price/Sq Ft
0.08
Acres
1855
Year Built
43
Days on Market
Active Price Drop -$175,000 Open House Listed Apr 12, 2026 • MLS# 73500252 Copied!

About this home

Exceptional investment opportunity at 343 Harvard Ave in Cambridge. This well-maintained 5-unit property features 4 one-bedroom units and 1 two-bedroom unit, generating high in-place income with significant upside potential. Four of the five leases expire this year and are currently below market value, offering investors a rare chance to increase rents and dramatically improve cash flow and cap rate. With approximately $13,500/month in current rental income and low annual expenses, this asset is ideal for both seasoned investors and 1031 exchange buyers. Includes 2 off-street parking spaces. Located in a prime, high-demand area near Harvard Square, this property benefits from consistent tenant demand, long-term appreciation, and unbeatable access to universities, public transportation, and local amenities.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1855
Bedrooms
7
Full Bathrooms
5
Living Area
4,294 sq ft
Total Rooms
20
Stories
5
Levels
5

Open House Schedule

26
May
Tuesday, May 26
12:00 PM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1855
Living Area 4,294 sq ft
Lot Size 0.08 acres
Bedrooms 7
Full Baths 5
Total Rooms 20

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 2
Basement Partial
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,621
Assessed Value $2,145,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partial
Laundry:
Security:

Construction & Materials

Year Built: 1855
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities:

Location

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Neighborhood

Harvard Square

343 Harvard St, Cambridge MA 02139

Cambridge, MA 02139

Walkability

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Nearby Schools

School information not available for this location.

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 $1,135
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

4
Price Changes
7%
Price Range

Property Timeline

Price Reduced
May 24, 2026
$2,325,000 $25,000 (-1.06%)
From $2,350,000 to $2,325,000 (-1.1%)
Price Reduced
May 18, 2026
$2,350,000 $25,000 (-1.05%)
From $2,375,000 to $2,350,000 (-1.1%)
Price Reduced
May 11, 2026
$2,375,000 $100,000 (-4.04%)
From $2,475,000 to $2,375,000 (-4.0%)
Price Reduced
May 3, 2026
$2,475,000 $25,000 (-1%)
From $2,500,000 to $2,475,000 (-1.0%)
Back On Market
May 1, 2026
Active
📋
Status: Active under contract
Apr 28, 2026
Active → Active Under Contract
🏠
Listed for Sale
Apr 12, 2026
$2,500,000
Original listing
Agent: Brian Gagnon Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
May 24, 2026 Price Changed $2,325,000 -$25,000
May 18, 2026 Price Changed $2,350,000 -$25,000
May 11, 2026 Price Changed $2,375,000 -$100,000
May 3, 2026 Price Changed $2,475,000 -$25,000
Apr 28, 2026 Status: Active under contract $0
Apr 12, 2026 New Listing Added $2,500,000

Market Statistics

Days on Market
43 days
Price per Sq Ft
$541
Total Price Drop
-$175,000

Tax History

Year Taxes Assessment
2025 $13,621 $2,145,000

Financial Details

Annual Property Tax
$13,621
Tax Year 2025
Assessed Value
$2,145,000

Listing Information

Listing Agent Brian Gagnon
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID BB803862
Office MLS ID AN6192
Listing Data Updated May 24, 2026 10:59 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 Cambridge, MA

Real-time market trends and pricing data for this area

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