Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville’s desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville’s most sought-after neighborhoods.
Property Details
Price:
$2,200,000
MLS #:
73536580
Status:
Active
Beds:
6
Baths:
4.5
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Jun 16, 2026
Finished Sq Ft:
6,020
Total Sq Ft:
6,020
Lot Size:
3,333 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
6
See this Listing
Schools
Interior
Above Grade Finished Area
6020
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Flooring
Wood, Tile
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Construction Materials
Frame
Lot Features
Level
Stories
3
Financial
Tax Year
2026
Taxes
$28,451
Map
Community
- Address237 Highland Ave Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02143
Subdivisions in Somerville
Market Summary
Current real estate data for Multi Family in Somerville as of Aug 28, 2026
95
Multi Family Listed
140
Avg DOM
493
Avg $ / SqFt
$1,841,809
Avg List Price
Property Summary
- 237 Highland Ave Somerville MA is a Multi Family for sale in Somerville, MA, 02143. It is listed for $2,200,000 To schedule a showing of MLS#73536580 at 237 Highland Ave in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
Similar Listings Nearby
Courtesy of Benoit Real Estate Group ,LLC. 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.
237 Highland Ave
Somerville, MA