128 Elm St, Cambridge MA 02140

Cambridge, MA 02140 • Porter Square
$1,599,900
Est. $9,124/month
6
Beds
2.5
Baths
2,975
Sq Ft
$538
Price/Sq Ft
0.06
Acres
1903
Year Built
33
Days on Market
Sale Pending Listed Apr 10, 2026 • MLS# 73499983 Copied! • Updated Jul 31, 2026

About this home

Exceptional Opportunity Alert in the Heart of Cambridge’s Porter Square! Calling all savvy investors and dream-home hunters! Here’s your golden ticket to Porter Square, a hop, skip, and a jump from Harvard, Lesley University, and the Red Line! This spacious two-family gem is bursting with potential, featuring sun-soaked living areas and hardwood floors, all in an unbeatable location. The first floor unit is a colossal 1-bedroom wonder with a sun-drenched living room, dining room, and an eat-in kitchen complete with pantry and gas cooking. Think high ceilings and hardwood floors for those cozy vibes. Upstairs, the second floor unit boasts a kitchen perfect for snuggle-worthy breakfasts, with gas cooking and a pantry to stash all your snacky treasures. Enjoy a bright living room and dining area with an inviting fireplace and 4-bedrooms that offer closet space galore! Expandable 3rd floor for a main suite hideaway!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
May 1, 2026
Active → Active Under Contract
Pending Sale
Apr 30, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 10, 2026
$1,599,900
Original listing
Agent: Leslie Ingram Office: Leslie Ingram

Tax History

Year Taxes Assessment
2025 $10,010 $1,576,300

Financial Details

Annual Property Tax
$10,010
Tax Year 2025
Assessed Value
$1,576,300

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1903
Living Area 2,975 sq ft
Lot Size 0.06 acres
Bedrooms 6
Full Baths 2
Half Baths 1
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $2,400/mo · N
Unit 2 Rent — · N
Total Monthly Rent $2,400/mo
Gross Income $28,800
Net Operating Income $28,800
Cap Rate 1.80%
Heating Natural Gas
Cooling None
Flooring Tile, Laminate, Hardwood
Appliances Range, Refrigerator, Washer
Fireplace None
Fireplaces 2
Basement Full
Laundry Washer Hookup
Features Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Enclosed
Features None
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $10,010
Assessed Value $1,576,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Living area is approximate
Documents None
County Middlesex
Total market time (incl. prior listings) 35 days

Property Overview

Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1903
Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,975 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Laminate, Hardwood
Appliances: Range, Refrigerator, Washer
Interior Features: Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
Windows:
Basement: Full
Laundry: Washer Hookup
Security:

Construction & Materials

Year Built: 1903
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Enclosed
Fencing: Fenced
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Parking Features:

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Medical Facility, House of Worship, Private School, Public School, T-Station, University, Other
School District
Cambridge School District local
A-
🎓 Where Graduates Go Class of 2021
65% attend college
58% 4-Year 7% 2-Year 23% Out of State 7% Working
School Safety 2024-25
1.2% Low
0.8% Suspensions 0.2% In-School 0.4% Emergency
4.3% below state avg
E

Elementary Schools

10 schools
Cambridge Friends School
0.7 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
0.7 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Cambridge Montessori School
0.8 mi
Grades PK-06
St. Peter Elementary School
0.9 mi
Grades PK-08
Lycee International de Boston/International School of Boston, Inc.
1.1 mi
Grades 01-12
Shady Hill School
1.7 mi
Grades PK-08
C
Prospect Hill Academy Charter School
1.8 mi | #253 of 346 | Score: 45.9
Improved 29 spots from last year
-12.3 below state avg
890 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades PK-12
Fayerweather Street School
1.8 mi
Grades PK-08
A
Amigos School
2.0 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
B+
Peabody School
0.5 mi | #278 of 824 | Score: 51.4
Improved 84 spots from last year
-6.8 below state avg
314 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

5 schools
Allium Montessori School
0.9 mi
Grades 01-06
A
Rindge Avenue Upper School
0.5 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
A-
Putnam Avenue Upper School
1.7 mi | #103 of 352 | Score: 49.1
Dropped 24 spots from last year
-9.1 below state avg
283 students Very Diverse
Diverse Student Body
Grades 06-08
C+
Cambridge Street Upper School
1.9 mi | #214 of 352 | Score: 39.8
Dropped 26 spots from last year
-18.4 below state avg
301 students Very Diverse
Diverse Student Body
Grades 06-08
B+
Darby Vassall Upper School
2.2 mi | #118 of 352 | Score: 47.5
Improved 26 spots from last year
-10.7 below state avg
298 students Very Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Farr Academy School
2.0 mi
Grades 07-12
NuVu Innovation School
2.1 mi
Grades 08-12
B-
Community Charter School of Cambridge
2.3 mi | #178 of 346 | Score: 53.1
Dropped 57 spots from last year
-5.2 below state avg
251 students Diverse
7 sports • 202 athletes
High Graduation Rate College Ready Curriculum
Grades 06-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $834
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Porter Square

128 Elm St, Cambridge MA 02140

Cambridge, MA 02140

Listing Information

Listing Agent Leslie Ingram
Listing Office Leslie Ingram
Office Phone 617-571-3986
Agent MLS ID A8001744
Office MLS ID AN8396
Listing Data Updated Jul 31, 2026 1:49 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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