16-18 Alfred Rd, Arlington MA 02474

Arlington, MA 02474 • East Arlington
$1,199,000
Est. $7,238/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
3
Baths
3,582
Sq Ft
$335
Price/Sq Ft
0.12
Acres
1923
Year Built
4
Parking
4 hours 22 minutes
Time on Market
For Sale Listed Oct 1, 2026 • MLS# 73585682 Copied! • Updated Oct 1, 2026

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About this home

Ideally located in sought-after East Arlington, just moments from Spy Pond and close to Mass Ave, the Minuteman Bikeway, and Alewife Station, this thoughtfully improved two-family home offers an exceptional combination of location, quality, and flexibility. The upper unit spans two levels and has been extensively remodeled with exceptional attention to detail, featuring a renovated kitchen and bathroom, premium flooring, in-unit laundry, new appliances, fresh paint, and a finished 3rd floor level with bedroom and office space. The first-floor unit has also been updated, including a renovated kitchen and bathroom, exposed brick accents, and in-unit laundry, creating a comfortable and attractive living space for an owner or tenant. Significant improvements have been made throughout the property, including extensive insulation and soundproofing, building-wide baseboard heating, and a fully owned solar panel system designed to offset a substantial portion of the property's electrical costs. A new roof system with architectural shingles and new gutters adds to the property's long-term appeal, while thoughtfully selected native plantings create a beautifully landscaped, inviting, and low-maintenance outdoor setting. Please see sellers complete list of home improvements. A wonderful opportunity to own an extensively improved two-family home in one of East Arlington's most sought after locations.

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Recently Sold Nearby

Property History

Market Insights

47.2%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Oct 1, 2026
$1,199,000
Original listing
Agent: Steve McKenna & The Home Advantage Team Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #70462742
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 29, 2006
$633,500
MLS #70462742

Tax History

Year Taxes Assessment
2026 $11,704 $1,096,900

Financial Details

Annual Property Tax
$11,704
Tax Year 2026
Assessed Value
$1,096,900

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1923
Living Area 3,582 sq ft
Lot Size 0.12 acres
Stories 3
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 4.20%
Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Full, Partially Finished, Interior Entry
Laundry None
Features Stone/granite/solid Counters, Bathroom With Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street, Tandem, Paved
Total Spaces 4
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $11,704
Assessed Value $1,096,900
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Fully Owned Solar System. Preventative Termite Monitoring System In Place.
Exclusions Basement Washer & Dryer
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures All square footage measurements and floor plan measurements are approximate.
Documents None
County Middlesex

Property Overview

Property Type
2 Family - 2 Units Up/Down
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

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Stone/Granite/Solid Counters, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom
Windows:
Basement: Full, Partially Finished, Interior Entry
Laundry:
Security:

Construction & Materials

Year Built: 1923
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch:
Fencing:
Other Structures: Shed(s)
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Tandem, Paved
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
E

Elementary Schools

10 schools
Lesley Ellis School
0.4 mi
Grades PK-07
St. Agnes Elementary School
0.8 mi
Grades K-08
A
Hardy School
0.2 mi | #117 of 825 | Score: 58.3
Improved 5 spots from last year
+0.1 above state avg
410 students Diverse
Strong Attendance
Grades K-05
A-
Thompson Elementary School
0.7 mi | #193 of 825 | Score: 55.1
Dropped 44 spots from last year
-3.1 below state avg
516 students Diverse
Strong Attendance
Grades K-05
Arlington Children's Center
0.7 mi
Grades PK-K
Menotomy Preschool
0.7 mi
79 students Very Diverse
Diverse Student Body
Grades PK
A+
John A Bishop School
1.4 mi | #54 of 825 | Score: 62.2
Improved 8 spots from last year
+4 above state avg
376 students Moderate
Strong Attendance
Grades K-05
A
Brackett School
1.5 mi | #119 of 825 | Score: 58.2
Dropped 6 spots from last year
+0 above state avg
380 students Diverse
Strong Attendance
Grades K-05
A-
M. Norcross Stratton Elementary School
1.9 mi | #186 of 825 | Score: 55.7
Dropped 44 spots from last year
-2.5 below state avg
423 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
A+
Cyrus E Dallin School
2.2 mi | #38 of 825 | Score: 63.1
Improved 182 spots from last year
+4.9 above state avg
373 students Diverse
Rising School Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A+
Gibbs School
0.4 mi | #32 of 352 | Score: 59.9
Improved 7 spots from last year
+1.7 above state avg
480 students Diverse
Strong Attendance
Grades 06
A+
Ottoson Middle School
1.8 mi | #4 of 352 | Score: 65.7
Improved 13 spots from last year
+7.5 above state avg
977 students Diverse
Strong Attendance
Grades 07-08
H

High Schools

1 school
Arlington Catholic High School
0.8 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $975
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

Rate Impact

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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

East Arlington

16-18 Alfred Rd, Arlington MA 02474

Arlington, MA 02474

Listing Information

Listing Agent Steve McKenna & The Home Advantage Team
Listing Office Gibson Sotheby's International Realty
Office Phone 781-648-3500
Agent MLS ID TM336360
Office MLS ID AN6101
Listing Data Updated Oct 1, 2026 7:33 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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Steve Novak Real Estate
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