Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building’s desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafés, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville’s most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm
Property Details
Price:
$1,695,000
MLS #:
73540783
Status:
Active Under Contract
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
davissquare
Listed Date:
Jun 24, 2026
Finished Sq Ft:
2,719
Total Sq Ft:
2,719
Lot Size:
4,155 sqft / 0.10 acres (approx)
Year Built:
1920
Units:
3
See this Listing
Schools
Interior
Above Grade Finished Area
2719
Bathrooms
3 Full Bathrooms
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, T-Station
Lot Features
Corner Lot
Open Parking Spaces
4
Parking Spots
4
Parking Total
4
Patio And Porch Features
Enclosed, Patio
Roof
Shingle
Stories
3
Financial
Tax Year
2026
Taxes
$17,164
Map
Community
- Address157 Elm Street Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02144
Subdivisions in Somerville
Market Summary
Current real estate data for Multi Family in Somerville as of Jul 05, 2026
91
Multi Family Listed
128
Avg DOM
496
Avg $ / SqFt
$1,893,756
Avg List Price
Property Summary
- 157 Elm Street Somerville MA is a Multi Family for sale in Somerville, MA, 02144. It is listed for $1,695,000 To schedule a showing of MLS#73540783 at 157 Elm Street in Somerville, 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.
157 Elm Street
Somerville, MA