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237 Highland AveSomerville, MA 02143

For Sale

$2,475,000

Smart Buyer Rebate $12,375

Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville's desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville's most sought-after neighborhoods. Group showings and OH Only. Thurs June 18: 12-1pm, Fri June 19: 12-1pm, OH Sat June 20: 12-1:30pm, Sun June 21: 12-1:30pm.

Listed by Shane Marrion

·

Benoit Real Estate Group ,LLC

·

617-750-6378

Listed by Jay Najarian

·

Benoit Real Estate Group ,LLC

Last updated June 20, 2026

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Source: MLSPin #73536580

Listing Facts

  • TypeMulti-family
  • NeighborhoodPowder House
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu46
  • Taxes$12,575/year
  • Size6,020 sqft
  • Price per sqft$411

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/16/2026
Listed by Benoit Real Estate Group ,LLC
$2,475,000

Property Details for 237 Highland Ave

Association

Amenities

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access

Exterior

Construction

  • Number Of Units Total: 6
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1900
  • Year Built Details: Actual
  • Construction Materials: Frame

Features

  • Road Frontage Type: Public

Measurements

  • Building Area Total: 6,020
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.08
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,333
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $192,600.00
  • Operating Expense: $26,707.00

Taxes

  • Parcel Number: M:0034 B:000E L:0045,752346
  • Tax Annual Amount: $12,575.00
  • Tax Assessed Value: $1,145,280.00
  • Tax Year: 2026

Interior

Features

  • Flooring: Wood, Tile

Measurements

  • Living Area: 6,020
  • Living Area Source: Public Record

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6
  • Rooms Total: 13

Utilities

Equipment

  • Sewer: Public Sewer
  • Utilities: For Gas Range, For Gas Oven
  • Water Source: Public

Frequently Asked Questions

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

There are 6 bedrooms and 5 bathrooms in this multi-family home at 237 Highland Ave.

What are the annual taxes for 237 Highland Ave?

Annual taxes for this multi-family home are estimated at $12,575.

How does 237 Highland Ave compare to other multi-family homes in Powder House?

This multi-family home is listed 19% below the average price for multi-family homes in Powder House and has been on the market for 2 more days than the typical home in this area.

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

According to the MLS, this listing is 6,020 sqft.

237 Highland Ave is a 6-bedroom, 5-bath multi-family home for sale in Somerville MA 02143. Available on Prevu for 46 days at $2,475,000. This property features 6,020 square feet of living space, located in Powder House. The median listing price for multi-family homes in this area is $1,262,500. Property amenities include parking. Browse more multi-family home listings in Somerville.

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.