Rare opportunity to acquire a fully renovated 2-family property in a prime Cambridge location near Fresh Pond.This property consists of two updated units featuring open layouts, modern kitchens with quartz countertops and stainless steel appliances, and updated bathrooms. Each unit offers well-proportioned bedrooms, ample natural light, and functional living space.Unit 1 is leased through 08/31/2027 at $6,000/month, providing stable in-place income. Unit 2 offers flexibility for owner-occupants or additional rental income.Additional features include private outdoor space, off-street parking, and updated systems.Conveniently located near Fresh Pond, shopping, dining, public transportation, and easy access to Harvard Square and major routes.
Property Details
Price:
$2,649,000
MLS #:
73491633
Status:
Active Under Contract
Beds:
7
Baths:
7
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Mar 25, 2026
Finished Sq Ft:
3,883
Total Sq Ft:
3,883
Lot Size:
4,500 sqft / 0.10 acres (approx)
Year Built:
1913
Units:
2
See this Listing
Schools
Interior
Above Grade Finished Area
2971
Bathrooms
6 Full Bathrooms, 2 Half Bathrooms
Below Grade Finished Area
912
Fireplaces Total
2
Levels
4
Exterior
Open Parking Spaces
2
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
2
Parking Total
2
Stories
4
Financial
Tax Year
2025
Taxes
$19,583
Map
Community
- Address316-318 Concord Ave Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02138
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of May 15, 2026
62
Multi Family Listed
78
Avg DOM
714
Avg $ / SqFt
$3,837,636
Avg List Price
Property Summary
- 316-318 Concord Ave Cambridge MA is a Multi Family for sale in Cambridge, MA, 02138. It is listed for $2,649,000 To schedule a showing of MLS#73491633 at 316-318 Concord Ave in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
Similar Listings Nearby
Courtesy of Bulfinch – Back Bay. 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.
316-318 Concord Ave
Cambridge, MA