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1039 Massachusetts AvenueCambridge, MA 02138

For Sale

$12,000,000

Smart Buyer Rebate $60,000

1039 Massachusetts Avenue, aka The University Building, offers 26 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of a six-story, elevatored building with a basement level. Originally built in 1920, the property has been exceptionally well-maintained by current ownership, with substantial capital invested in recent years, including significant improvements made to building systems, elevator modernization, roof replacement, and enhancements made to the building‘s entryway space and throughout all common areas. Apartment finish levels vary, with the property offering a mix of original, partially-renovated,and fully-renovated units, providing a desirable mix of proven-value add and organic rent upside remaining.

Listed by Biria St. John

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CBRE, Inc

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617-909-0474

Listed by John McLaughlin

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CBRE, Inc

Last updated March 15, 2026

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Source: MLSPin #73485718

Listing Facts

  • TypeMulti-family
  • NeighborhoodMid-Cambridge
  • Bedrooms46
  • Bathrooms26
  • Days on Prevu4
  • Taxes$67,374/year
  • Size20,317 sqft
  • Price per sqft$591

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/11/2026
Listed by CBRE, Inc
$12,000,000

Property Details for 1039 Massachusetts Avenue

Exterior

Construction

  • Number Of Units Total: 26
  • Stories: 6
  • Stories Total: 6
  • Year Built: 1920
  • Year Built Details: Approximate

Measurements

  • Building Area Total: 20,317
  • Building Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.26
  • Lot Size Area: 0
  • Lot Size Square Feet: 11,159
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 408683
  • Tax Annual Amount: $67,374.00
  • Tax Assessed Value: $10,101,100.00
  • Tax Year: 2026

Interior

Measurements

  • Living Area: 20,317
  • Living Area Source: Owner

Rooms

  • Bathrooms Full: 26
  • Bathrooms Total Integer: 26
  • Bedrooms Total: 46
  • Rooms Total: 96

Parking

Parking

  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking Spaces: 3
  • Parking Total: 6

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 46 bedrooms and 26 bathrooms in this multi-family home at 1039 Massachusetts Avenue.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 1039 Massachusetts Avenue.

What are the annual taxes for 1039 Massachusetts Avenue?

Annual taxes for this multi-family home are estimated at $67,374.

What is the square footage on this multi-family home?

According to the MLS, this listing is 20,317 sqft.

1039 Massachusetts Avenue is a 46-bedroom, 26-bath multi-family home for sale in Cambridge MA 02138. Available on Prevu for 4 days at $12,000,000. This home features 20,317 square feet of living space, located in Mid-Cambridge. The median listing price for multi-family homes in this area is $999,500. Additional amenities include parking. Browse more multi-family home listings in Cambridge.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.