Exceptional investment opportunity at 343 Harvard Ave in Cambridge. This well-maintained 5-unit property features 4 one-bedroom units and 1 two-bedroom unit, generating high in-place income with significant upside potential. Four of the five leases expire this year and are currently below market value, offering investors a rare chance to increase rents and dramatically improve cash flow and cap rate. With approximately $13,500/month in current rental income and low annual expenses, this asset is ideal for both seasoned investors and 1031 exchange buyers. Includes 2 off-street parking spaces. Located in a prime, high-demand area near Harvard Square, this property benefits from consistent tenant demand, long-term appreciation, and unbeatable access to universities, public transportation, and local amenities.
Property Details
Price:
$2,500,000
MLS #:
73500252
Status:
Active
Beds:
7
Baths:
5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Neighborhood:
harvardsquare
Listed Date:
Apr 12, 2026
Finished Sq Ft:
4,984
Total Sq Ft:
4,984
Lot Size:
3,661 sqft / 0.08 acres (approx)
Year Built:
1855
Units:
5
See this Listing
Schools
Interior
Above Grade Finished Area
4984
Bathrooms
5 Full Bathrooms
Fireplaces Total
2
Levels
5
Exterior
Lot Features
Corner Lot
Open Parking Spaces
2
Parking Spots
2
Parking Total
2
Stories
5
Financial
Tax Year
2025
Taxes
$13,621
Map
Community
- Address343 Harvard St Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02139
Subdivisions in Cambridge
Market Summary
Current real estate data for Multi Family in Cambridge as of Apr 12, 2026
49
Multi Family Listed
78
Avg DOM
711
Avg $ / SqFt
$4,115,690
Avg List Price
Property Summary
- 343 Harvard St Cambridge MA is a Multi Family for sale in Cambridge, MA, 02139. It is listed for $2,500,000 To schedule a showing of MLS#73500252 at 343 Harvard St in Cambridge, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Coldwell Banker Realty – 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.
343 Harvard St
Cambridge, MA