23-25 Inman St, Cambridge MA 02139
Cambridge, MA 02139 • Mid Cambridge - Inman Square
$3,490,000
Est. $19,600/month
About this home
Rare opportunity to acquire a fully occupied, income-producing multifamily asset in the heart of Inman Square. This turnkey investment property is being sold with tenants in place and currently generates approximately $254,280 in annual gross rental income. Located in one of Cambridge's most desirable and supply-constrained neighborhoods, the property offers stable cash flow, strong occupancy history, and significant long-term appreciation potential. Residents enjoy easy access to Harvard University, MIT, Kendall Square, Central Square, public transportation, dining, shopping, and major employment centers. An ideal opportunity for investors seeking immediate income and future growth in one of the strongest rental markets in the Greater Boston area. Property sold subject to existing leases. Seller has completed the conversion of the property into eight condominium units, providing additional long-term flexibility for future ownership or disposition strategies.
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Property History
Market Insights
Property Timeline
Showing Instructions Updated
Jun 11, 2026
New showing requirements
Showing Instructions Updated
Jun 10, 2026
New showing requirements
Showing Instructions Updated
Jun 10, 2026
New showing requirements
Property Type Updated
Jun 10, 2026
Single Family Residence → 5-9 Family
Listed for Sale
Jun 10, 2026
$3,490,000
Original listing
Agent: Keystone Homes Group
Office: Keller Williams Realty Boston Northwest
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/11/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/10/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/10/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/10/2026 | 🔧 Property Type Updated | - | - | - | Single Family Residence → 5-9 Family |
| 06/10/2026 | 🏠 Listed for Sale | $3,490,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $21,035 | $3,064,800 |
Financial Details
Annual Property Tax
$21,035
Tax Year 2026
Assessed Value
$3,064,800
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1900
Living Area
5,314 sq ft
Lot Size
0.11 acres
Bedrooms
9
Full Baths
8
Total Rooms
23
Investment Metrics
Units
8
Unit 1 Rent
$3,170/mo · Y
Unit 2 Rent
$2,480/mo · Y
Unit 3 Rent
$3,050/mo · Y
Unit 4 Rent
$2,800/mo · Y
Total Monthly Rent
$11,500/mo
Gross Income
$254,280
Net Operating Income
$235,395
Operating Expenses
$18,885
Water/Sewer Expense
$2,746
Electric Expense
$5,556
Cap Rate
6.74%
Interior
Heating
Baseboard
Cooling
Window Unit(s)
Flooring
Wood, Tile, Hardwood
Appliances
Range, Oven, Refrigerator, Dishwasher
Fireplace
None
Basement
Full, Bulkhead, Concrete, Unfinished
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Storage, Living Room, Kitchen, Family Room
Exterior
Construction
Brick, Stone
Architecture
Colonial
Roof
Asphalt/composition Shingles
Features
Rain Gutters
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch, Deck - Wood
Parking
Features
Paved Drive, Shared Driveway, Off Street, Paved
Total Spaces
4
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$21,035
Assessed Value
$3,064,800
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
All Information Provided Is Based On The Sellers Knowledge And Information Obtained From Public Records. Buyers And Their Agents Are Responsible For Independently Verifying All Property Information And Conducting Their Own Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Brown
Sq Ft Source
Public Record
Sq Ft Disclosures
Basement area 1,962 sq ft is not included in living area. Buyer to verify all measurements.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
38 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
8
Living Area
5,314 sq ft
Total Rooms
23
Stories
10
Levels
10
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,314 sq ft above grade
1,962 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck - Wood
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:
Wood, Tile, Hardwood
Appliances:
Range, Oven, Refrigerator, Dishwasher
Interior Features:
Storage, Living Room, Kitchen, Family Room
Windows:
Insulated Windows
Basement:
Full, Bulkhead, Concrete, Unfinished
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Style:
Colonial
Year Built:
1900
Structure Type:
Exterior Materials:
Brick, Stone
Roof:
Asphalt/Composition Shingles
Foundation:
Stone, Brick/Mortar
Stories:
10
Heating, Cooling & Utilities
Heating:
Baseboard
Cooling:
Window Unit(s)
Hot Water:
Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Deck - Wood
Fencing:
Fenced
Other Structures:
Lot Features:
Easements
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Shared Driveway, Off Street, Paved
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
Elementary Schools
3 schools
C
Prospect Hill Academy Charter School
0.2 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
A
John M Tobin School
0.2 mi
|
#137 of 824
|
Score: 57.4
Dropped 34 spots from last year
-0.8 below state avg
291 students
Very Diverse
Diverse Student Body
Grades PK-05
A-
Cambridgeport School
0.4 mi
|
#212 of 824
|
Score: 54.3
Improved 94 spots from last year
-3.9 below state avg
263 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
3 schools
A-
Putnam Avenue Upper School
0.5 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
0.7 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
0.9 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
High Schools
3 schools
Farr Academy School
0.3 mi
Grades 07-12
NuVu Innovation School
0.4 mi
Grades 08-12
B-
Community Charter School of Cambridge
1.0 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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Location
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Neighborhood
Mid Cambridge - Inman Square
23-25 Inman St, Cambridge MA 02139
Cambridge, MA 02139
Listing Information
Listing Agent
Keystone Homes Group
Listing Office
Keller Williams Realty Boston Northwest
Office Phone
781-862-2800
Agent MLS ID
TM356204
Office MLS ID
AN2627
Listing Data Updated
Jul 17, 2026 2:21 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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