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241 Highland AveSomerville, MA 02143

For Sale

$1,900,000

Smart Buyer Rebate $9,500

Solid mixed-use investment opportunity in the heart of Somerville. 241 Highland Ave features three fully occupied 2-bed/1-bath residential units all on current leases, plus a vacant 2,000 sq. ft. commercial space ready to be built out. The commercial space features high ceiling heights and an unfinished basement offering plenty of additional storage ideal for a range of business uses. The residential units offer hardwood floors throughout, good natural light, and functional layouts with room to add value. Units 1 and 3 feature renovated kitchens. Unit 2 features an updated bathroom. Situated between Magoun Square, Davis Square, and Porter Square with steady foot traffic and strong rental demand. Easy access to the MBTA Red Line and bus routes, with a quick commute into Boston. Street parking only.

Listed by Peter Kasseris

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Serhant

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781-910-2271

Listed by The Boston ONE Team

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Serhant

Last updated June 15, 2026

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Source: MLSPin #73513408

Listing Facts

  • TypeMulti-family
  • NeighborhoodPowder House
  • Bedrooms6
  • Bathrooms4
  • Days on Prevu40
  • Taxes$8,884.01/year
  • Size4,247 sqft
  • Price per sqft$447

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

05/06/2026
Listed by Serhant
$1,900,000

Property Details for 241 Highland Ave

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House Of Worship, Public School, T-Station, University

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle, Rubber
  • Stories: 4
  • Stories Total: 4
  • Window Features: Skylight(s)
  • Year Built: 1900
  • Year Built Details: Approximate
  • Construction Materials: Frame, Brick
  • Exterior Features: Balcony/Deck

Features

  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 4,247
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0
  • Lot Size Square Feet: 3,236
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $97,800.00

Taxes

  • Parcel Number: M:34 B:E L:47,752348
  • Tax Annual Amount: $8,884.01
  • Tax Assessed Value: $814,300.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Flooring: Tile, Hardwood
  • Interior Features: Upgraded Cabinets, Upgraded Countertops, Ceiling Fan(s), Storage, Open Floorplan, Living Room, Kitchen

Measurements

  • Living Area: 4,247
  • Living Area Source: Public Record

Rooms

  • Basement: Concrete, Unfinished
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Rooms Total: 18

Parking

Parking

  • Open Parking: Yes
  • Parking Features: Paved Drive

Utilities

Equipment

  • Electric: Circuit Breakers
  • Heating: Steam, Natural Gas, Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

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

There are 6 bedrooms and 4 bathrooms in this multi-family home at 241 Highland Ave.

What are the annual taxes for 241 Highland Ave?

Annual taxes for this multi-family home are estimated at $8,884.

How does 241 Highland Ave compare to other multi-family homes in Powder House?

This multi-family home is listed 12% above the average price for multi-family homes in Powder House and has been on the market for 22 less 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 4,247 sqft.

241 Highland Ave is a 6-bedroom, 4-bath multi-family home for sale in Somerville MA 02143. Listed on Prevu for 40 days at $1,900,000. This residence features 4,247 square feet of living space, located in Powder House. The median listing price for multi-family homes in this area is $1,199,900. The home offers private outdoor space, dishwasher, and parking. Explore 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.