16-18 Alfred Rd, Arlington MA 02474

Arlington, MA 02474 • East Arlington
$1,695,000
Est. $9,741/month
5
Beds
3
Baths
3,582
Sq Ft
$473
Price/Sq Ft
0.12
Acres
1923
Year Built
2
Parking
2 hours 3 minutes
Time on Market
Active Listed Jul 27, 2026 • MLS# 73554528 Copied! • Updated Jul 27, 2026

About this home

A rare opportunity to own a two family home in East Arlington, one of the area's most desirable neighborhoods. The upper unit spans two levels and has been extensively remodeled with exceptional attention to detail, featuring numerous high-end upgrades, enhanced soundproofing and in-unit laundry. The scope of improvements is too extensive to capture in a listing; comprehensive upgrade sheets will be available for review. The first floor unit has also been refreshed and offers exposed brick accents, an updated bathroom and in-unit laundry, creating a comfortable and attractive living space for owners or tenants alike. Throughout the home, significant investments have been made in energy efficiency and comfort, including full insulation and soundproofing. Owned solar panels help offset electric costs, while a new roof system with architectural shingles and new gutters provide peace of mind for years to come. Outside, the property is beautifully landscaped with thoughtfully selected native plantings, creating an inviting and low-maintenance outdoor setting. Ideally located near Mass Ave, the Minuteman Bike Path, Alewife Station, and Spy Pond, this property offers the perfect combination of quality, efficiency, and convenience.

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Property History

Property Timeline

🏠
Listed for Sale
Jul 27, 2026
$1,695,000
Original listing
Agent: Catherine Walsh Office: Coldwell Banker Realty - Easton

Tax History

Year Taxes Assessment
2025 $11,647 $1,081,400

Financial Details

Annual Property Tax
$11,647
Tax Year 2025
Assessed Value
$1,081,400

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1923
Living Area 3,582 sq ft
Lot Size 0.12 acres
Bedrooms 5
Full Baths 3
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $4,200/mo · Y
Total Monthly Rent $4,200/mo
Gross Income $50,400
Net Operating Income $50,400
Cap Rate 2.97%
Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement Full, Finished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,647
Assessed Value $1,081,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Lease For Tenant Expires 3-31-27. Gas And Electric Included In The $4200/mo Rent. Photos Were Taken Prior To Tenancy.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures All measurements are approximate.
Documents None
County Middlesex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1923
Bedrooms
5
Full Bathrooms
3
Living Area
3,582 sq ft
Total Rooms
11
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Finished
Laundry:
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
School District
Arlington School District local
A+
School Safety 2024-25
0.5% Low
0.4% Suspensions 0.2% In-School 0.1% Emergency
5.0% below state avg
E

Elementary Schools

10 schools
Lesley Ellis School
0.5 mi
Grades PK-07
St. Agnes Elementary School
0.8 mi
Grades K-08
A
Hardy School
0.2 mi | #116 of 824 | Score: 58.2
Improved 6 spots from last year
+-0 above state avg
382 students Diverse
Grades K-05
A-
Thompson Elementary School
0.7 mi | #201 of 824 | Score: 54.9
Dropped 52 spots from last year
-3.3 below state avg
537 students Diverse
Grades K-05
Arlington Children's Center
0.7 mi
Grades PK-K
Menotomy Preschool
0.7 mi
100 students Very Diverse
Diverse Student Body
Grades PK
A+
John A Bishop School
1.4 mi | #52 of 824 | Score: 62.2
Improved 10 spots from last year
+4 above state avg
375 students Diverse
Grades K-05
A
Brackett School
1.5 mi | #120 of 824 | Score: 58.0
Dropped 7 spots from last year
-0.2 below state avg
394 students Diverse
Strong Attendance
Grades K-05
A-
M. Norcross Stratton Elementary School
1.9 mi | #180 of 824 | Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students Diverse
Diverse Student Body
Grades K-05
A+
Cyrus E Dallin School
2.2 mi | #39 of 824 | Score: 63.2
Improved 181 spots from last year
+5 above state avg
390 students Diverse
Rising School Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A+
Gibbs School
0.4 mi | #31 of 352 | Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students Diverse
Strong Attendance
Grades 06
A+
Ottoson Middle School
1.8 mi | #4 of 352 | Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students Diverse
Strong Attendance
Grades 07-08
H

High Schools

1 school
Arlington Catholic High School
0.8 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
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Monthly Payment
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Over life of loan
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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 $971
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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Current Rate
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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.

Location

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Neighborhood

East Arlington

16-18 Alfred Rd, Arlington MA 02474

Arlington, MA 02474

Listing Information

Listing Agent Catherine Walsh
Listing Office Coldwell Banker Realty - Easton
Office Phone 508-230-2544
Agent MLS ID CN251094
Office MLS ID AN6234
Listing Data Updated Jul 27, 2026 11:07 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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