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81 Marion Street, Somerville MA 02143

Somerville, MA 02143
$1,599,000
$1,549,000
Est. $9,374/month
7
Beds
3
Baths
3,420
Sq Ft
$453
Price/Sq Ft
0.06
Acres
1900
Year Built
27
Days on Market
Active Price Drop -$50,000 Listed Jun 9, 2026 • MLS# 73532259 Copied! • Updated Jul 6, 2026

About this home

NEW PRICE & INCENTIVE with any full-price, acceptable offer, the seller will give a $7,500 CREDIT to be applied toward one of the following: CLOSING COSTS, a RATE BUY-DOWN, or a REDUCTION OF THE PURCHASE PRICE. With 7 bedrooms, 3 bathrooms, and in-unit washer/dryer in each unit, the property is set up to attract and retain tenants. This location offers genuine convenience without the need to oversell it. Union Square Green Line station is under 1/2 mile away, putting downtown Boston within easy reach. Inman Square, Cambridge, and several MBTA bus lines are all nearby, giving tenants real commuting options. Day-to-day needs are easily met with Whole Foods, Lincoln Park, and local dining all close by. For an investor, the combination of a three-unit structure, functional layout, and a location with solid transit access makes this a straightforward rental proposition. For an owner-occupant, the ability to offset carrying costs with rental income from two units is a meaningful advantage.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

1
Price Changes
3.1%
Price Range

Property Timeline

Price Reduced
Jul 6, 2026
$1,549,000 $50,000 (-3.13%)
From $1,599,000 to $1,549,000 (-3.1%)
🏠
Listed for Sale
Jun 9, 2026
$1,599,000
Original listing
Agent: Melanie Lentini Office: Leading Edge Real Estate

Tax History

Year Taxes Assessment
2026 $16,098 $1,466,100

Financial Details

Annual Property Tax
$16,098
Tax Year 2026
Assessed Value
$1,466,100

Facts & Features

Central AC

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1900
Living Area 3,420 sq ft
Lot Size 0.06 acres
Bedrooms 7
Full Baths 3
Total Rooms 18

Investment Metrics

Units 3
Unit 1 Rent $2,150/mo · N
Unit 2 Rent — · N
Unit 3 Rent $2,200/mo · N
Total Monthly Rent $4,350/mo
Gross Income $52,200
Net Operating Income $52,200
Cap Rate 3.37%
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Vinyl, Carpet, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement None
Laundry None
Features Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Office/den
Construction Frame
Architecture None
Roof Tar/gravel, Rubber
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Enclosed
Features Paved Drive, On Street
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $16,098
Assessed Value $1,466,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures See Sellers Statement. Measurements Are For Marketing Purposes Only.
Exclusions See Inclusion/Exclusion Sheet
Possession None
Accepted Financing None
Structure Type []
House Color Lt Blue
Sq Ft Source Public Record
Sq Ft Disclosures There is not heat in the small rooms off hall for 2nd and 3rd floors.
Documents None
County Middlesex
Total market time (incl. prior listings) 27 days

Property Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,420 sq ft
Total Rooms
18
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Tar/Gravel, Rubber
Foundation: Stone, Brick/Mortar, Other
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Enclosed
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Paved Drive, On Street
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

9 schools
B+
Albert F. Argenziano School at Lincoln Park
0.2 mi | #134 of 352 | Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students Diverse
Rising School Diverse Student Body
Grades PK-08
St. Theresa of the Child Jesus School
0.7 mi
Grades PK-08
C+
East Somerville Community School
1.0 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-
Winter Hill Community School
1.0 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
A
John F Kennedy School
1.1 mi | #50 of 352 | Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students Diverse
Grades PK-08
C+
Arthur D Healey School
1.4 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
Capuano Early Childhood Center
0.9 mi
250 students Very Diverse
Diverse Student Body
Grades PK-01
A+
Benjamin G Brown School
1.5 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
Tufts Educational Day Care Center
1.9 mi
Grades PK-K
M

Middle Schools

1 school
Next Wave Junior High School
0.7 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

2 schools
F
Full Circle High School
0.7 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
0.7 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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,342
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
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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.

Location

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Neighborhood

81 Marion Street, Somerville MA 02143

Somerville, MA 02143

Listing Information

Listing Agent Melanie Lentini
Listing Office Leading Edge Real Estate
Office Phone 781-729-5505
Agent MLS ID B9500513
Office MLS ID AN4643
Listing Data Updated Jul 6, 2026 3:01 PM 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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