Rare opportunity to own a fully renovated luxury two-family in a prime Cambridge location near Fresh Pond. This turnkey property offers an exceptional blend of modern design, functionality, and income potential in one of the city’s most desirable neighborhoods. Both residences feature thoughtfully designed open-concept layouts, sleek kitchens with quartz countertops and stainless steel appliances, updated bathrooms, generous natural light, and well-proportioned living spaces finished with a clean, contemporary feel. Unit 1 is leased through 8/31/2027 at $6,000/month, providing immediate rental income, while Unit 2 offers flexibility for an owner-occupant, multigenerational living, or additional income potential. Additional highlights include private outdoor space, off-street parking, and updated systems. Ideally located near Fresh Pond, shopping, dining, public transportation, and with easy access to Harvard Square and major routes.
Property Details
Price:
$2,499,000
MLS #:
73541948
Status:
Active
Beds:
7
Baths:
7
Type:
Multi Family
Listed Date:
Jun 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:
23
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 Concorde Ave Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02138
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of Jun 27, 2026
67
Multi Family Listed
89
Avg DOM
735
Avg $ / SqFt
$3,590,056
Avg List Price
Property Summary
- 316-318 Concorde Ave Cambridge MA is a Multi Family for sale in Cambridge, MA, 02138. It is listed for $2,499,000 To schedule a showing of MLS#73541948 at 316-318 Concorde Ave in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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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 Concorde Ave
Cambridge, MA