Rare investment opportunity at this masterfully gut-renovated (2023) three-family building situated on a quiet one-way street in North Cambridge. This turnkey property features three spacious, identical 3-bed, 2-bath apartments boasting high ceilings, new windows, and elegant flooring throughout. Each designer unit is equipped with premium stainless steel appliances, quartz countertops, and dedicated high-efficiency systems including central AC, gas furnaces, and on-demand hot water. Investors will benefit from units being separately metered for all utilities and a heavy-duty fire sprinkler system with a dedicated storage tank. Beyond the massive basement storage, this property offers incredible value-add potential with a newly approved plan to add a fourth floor or addition in accordance with Cambridge’s housing policy, significantly increasing future income. Boasting a 92 Bike Score, this prime location is just 0.5 miles to Alewife Station. Good candidate for condo conversion.
Property Details
Price:
$3,100,000
MLS #:
73491363
Status:
Active
Beds:
9
Baths:
6
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Mar 25, 2026
Finished Sq Ft:
3,957
Total Sq Ft:
3,957
Lot Size:
4,400 sqft / 0.10 acres (approx)
Year Built:
1923
Units:
3
See this Listing
Schools
Interior
Above Grade Finished Area
3957
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Rangetop – ENERGY STAR
Bathrooms
6 Full Bathrooms
Cooling
Central Air
Heating
Central, Natural Gas
Interior Features
Living Room, Kitchen, Laundry Room
Levels
3
Exterior
Community Features
Public Transportation, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University
Construction Materials
Frame
Exterior Features
Balcony
Lot Features
Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Off Street, Assigned, Driveway
Parking Spots
3
Parking Total
3
Patio And Porch Features
Deck – Wood
Roof
Rubber
Stories
3
Financial
Tax Year
2026
Taxes
$18,735
Map
Community
- Address22 Madison Ave Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02140
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of Mar 30, 2026
49
Multi Family Listed
87
Avg DOM
714
Avg $ / SqFt
$4,380,610
Avg List Price
Property Summary
- 22 Madison Ave Cambridge MA is a Multi Family for sale in Cambridge, MA, 02140. It is listed for $3,100,000 To schedule a showing of MLS#73491363 at 22 Madison Ave in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Keller Williams Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.
22 Madison Ave
Cambridge, MA