16-18 Alfred Rd, Arlington MA 02474
Arlington, MA 02474 • East Arlington
$1,695,000
Est. $9,741/month
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About this home
A rare opportunity to own a two family home in East Arlington, one of the area's most desirable neighborhoods. The upper unit spans two levels and has been extensively remodeled with exceptional attention to detail, featuring numerous high-end upgrades; including new roof, new appliances, new kitchen, new bathroom, freshly painted & more! The scope of improvements is so comprehensive, upgrade sheets will be available for review. The first floor unit has also been refreshed and offers exposed brick accents, an updated bathroom and in-unit laundry, creating a comfortable and attractive living space for owners or tenants alike. Throughout the home, significant investments have been made in energy efficiency and comfort, including full insulation and soundproofing. Full owned solar panels help offset electric costs, while a new insulated roof system with architectural shingles and new gutters provide peace of mind for years to come. Outside, the property is beautifully landscaped with thoughtfully selected native plantings, creating an inviting and low-maintenance outdoor setting. Ideally located near Mass Ave, the Minuteman Bike Path, Alewife Station, and Spy Pond, this property offers the perfect combination of quality, efficiency, and convenience.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Aug 4, 2026
New showing requirements
Showing Instructions Updated
Aug 1, 2026
New showing requirements
Listed for Sale
Jul 27, 2026
$1,695,000
Original listing
Agent: Catherine Walsh
Office: Coldwell Banker Realty - Easton
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/04/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 08/01/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/27/2026 | 🏠 Listed for Sale | $1,695,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $11,647 | $1,081,400 |
Financial Details
Annual Property Tax
$11,647
Tax Year 2025
Assessed Value
$1,081,400
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1923
Living Area
3,582 sq ft
Lot Size
0.12 acres
Bedrooms
5
Full Baths
3
Total Rooms
11
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$4,200/mo · Y
Total Monthly Rent
$4,200/mo
Gross Income
$50,400
Net Operating Income
$50,400
Cap Rate
2.97%
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s)
Flooring
None
Appliances
Range, Dishwasher, Microwave, Refrigerator
Fireplace
None
Basement
Full, Finished
Laundry
None
Features
Stone/granite/solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
2
Utilities
Electric
110 Volts, Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$11,647
Assessed Value
$1,081,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Lease For Tenant Expires 3-31-27. Gas And Electric Included In The $4200/mo Rent. Photos Were Taken Prior To Tenancy. All Measurements Are Approximate.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
All measurements are approximate.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
13 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1923
Bedrooms
5
Full Bathrooms
3
Living Area
3,582 sq ft
Total Rooms
11
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,582 sq ft above grade
1,170 sq ft below grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
Windows:
Basement:
Full, Finished
Laundry:
Security:
Construction & Materials
Year Built:
1923
Structure Type:
Exterior Materials:
Roof:
Foundation:
Block
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street
Nearby Schools
School District
Arlington School District local
A+
School Safety
2024-25
0.5%
Low
0.4%
Suspensions
0.2%
In-School
0.1%
Emergency
5.0% below state avg
Elementary Schools
10 schools
Lesley Ellis School
0.5 mi
Grades PK-07
St. Agnes Elementary School
0.8 mi
Grades K-08
A
Hardy School
0.2 mi
|
#116 of 824
|
Score: 58.2
Improved 6 spots from last year
+-0 above state avg
382 students
Diverse
Grades K-05
A-
Thompson Elementary School
0.7 mi
|
#201 of 824
|
Score: 54.9
Dropped 52 spots from last year
-3.3 below state avg
537 students
Diverse
Grades K-05
Arlington Children's Center
0.7 mi
Grades PK-K
Menotomy Preschool
0.7 mi
100 students
Very Diverse
Diverse Student Body
Grades PK
A+
John A Bishop School
1.4 mi
|
#52 of 824
|
Score: 62.2
Improved 10 spots from last year
+4 above state avg
375 students
Diverse
Grades K-05
A
Brackett School
1.5 mi
|
#120 of 824
|
Score: 58.0
Dropped 7 spots from last year
-0.2 below state avg
394 students
Diverse
Strong Attendance
Grades K-05
A-
M. Norcross Stratton Elementary School
1.9 mi
|
#180 of 824
|
Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students
Diverse
Diverse Student Body
Grades K-05
A+
Cyrus E Dallin School
2.2 mi
|
#39 of 824
|
Score: 63.2
Improved 181 spots from last year
+5 above state avg
390 students
Diverse
Rising School
Strong Attendance
Grades K-05
Middle Schools
2 schools
A+
Gibbs School
0.4 mi
|
#31 of 352
|
Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students
Diverse
Strong Attendance
Grades 06
A+
Ottoson Middle School
1.8 mi
|
#4 of 352
|
Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students
Diverse
Strong Attendance
Grades 07-08
High Schools
1 school
Arlington Catholic High School
0.8 mi
17 sports
• 1,412 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$971
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
East Arlington
16-18 Alfred Rd, Arlington MA 02474
Arlington, MA 02474
Listing Information
Listing Agent
Catherine Walsh
Listing Office
Coldwell Banker Realty - Easton
Office Phone
508-230-2544
Agent MLS ID
CN251094
Office MLS ID
AN6234
Listing Data Updated
Aug 9, 2026 1:11 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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