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15 Madison Street # 1, Cambridge MA 02138

Cambridge, MA 02138
$838,000
Est. $4,818/month
2
Beds
1
Baths
980
Sq Ft
$855
Price/Sq Ft
1912
Year Built
12 hours 21 minutes
Time on Market
Active Open House Listed Mar 18, 2026 • MLS# 73488614 Copied!

About this home

Set on a pretty residential street on Observatory Hill, between Harvard Square and Huron Village, this first floor two bedroom condominium at 15 Madison Street offers a sense of ease that feels both grounded and connected. Inside, the layout unfolds across 980 sq ft, with well proportioned rooms that flow naturally from one to the next. The arrangement feels open, yet defined enough to give each space its own purpose and character, blending traditional and more modern ways of living.  Light moves easily through the space, bringing warmth and clarity throughout. At the back, a sunny kitchen serves as a natural gathering point, opening to a small yard and patio and creating an easy connection between indoor and outdoor living.  The two bedrooms offer flexibility for guests, a home office, or additional breathing room, and dedicated basement storage adds everyday practicality. A well balanced home in a location that offers both connection and a sense of belonging.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1912
Bedrooms
2
Full Bathrooms
1
Living Area
980 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Open House Schedule

21
Mar
Saturday, March 21
11:00 AM - 12:30 PM EDT
19
Mar
Thursday, March 19
11:00 AM - 12:30 PM EDT
22
Mar
Sunday, March 22
1:00 PM - 2:30 PM EDT
19
Mar
Thursday, March 19
11:00 AM - 12:30 PM EDT

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1912
Living Area 980 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Steam, Oil
Cooling None
Flooring Wood, Tile
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber

Parking

Features On Street

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $1,876
Assessed Value $786,000

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows:
Basement: Y
Laundry: In Basement, Common Area, In Building
Security:

Construction & Materials

Year Built: 1912
Effective Year (Renovated): 1985
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Parking Features: On Street

Location

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Neighborhood

15 Madison Street # 1, Cambridge MA 02138

Cambridge, MA 02138

Walkability

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Nearby Schools

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

3 schools
St. Peter Elementary School
< 0.1 mi
Grades PK-08
A-
Graham and Parks School
0.3 mi | #242 of 824 | Score: 52.7
Improved 3 spots from last year
-5.5 below state avg
367 students Very Diverse
Diverse Student Body
Grades PK-05
Cambridge Montessori School
0.3 mi
Grades PK-06
M

Middle Schools

3 schools
Allium Montessori School
0.6 mi
Grades 01-06
A
Rindge Avenue Upper School
0.7 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
1.3 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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $156
Homeowners Insurance $200
HOA Fee $224/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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.

Property History

Property Timeline

🏠
Listed for Sale
Mar 18, 2026
$838,000
Original listing
Agent: The May Group Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Mar 18, 2026 New Listing Added $838,000

Market Statistics

Time on Market
12 hours 21 minutes
Price per Sq Ft
$855

Tax History

Year Taxes Assessment
2026 $1,876 $786,000

Financial Details

Annual Property Tax
$1,876
Tax Year 2026
HOA Fee
$224
Monthly
Assessed Value
$786,000

Listing Information

Listing Agent The May Group
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TEAM0215
Office MLS ID AN2064
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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Market Analytics for Cambridge, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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