316-318 Concord Ave, Cambridge MA 02138

Cambridge, MA 02138

$2,699,000

Est. $15,480/month

Beds

Baths

3,883

Sq Ft

$695

Price/Sq Ft

0.10

Acres

1913

Year Built

2 Family - 2 Units Up/Down

Type

15 hours 7 minutes

Time on Market

Active Listed Mar 25, 2026 • MLS# 73491633 Copied!

About this home

Rare opportunity to acquire a fully renovated 2-family property in a prime Cambridge location near Fresh Pond.This property consists of two updated units featuring open layouts, modern kitchens with quartz countertops and stainless steel appliances, and updated bathrooms. Each unit offers well-proportioned bedrooms, ample natural light, and functional living space.Unit 1 is leased through 08/31/2027 at $6,000/month, providing stable in-place income. Unit 2 offers flexibility for owner-occupants or additional rental income.Additional features include private outdoor space, off-street parking, and updated systems.Conveniently located near Fresh Pond, shopping, dining, public transportation, and easy access to Harvard Square and major routes.

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Property Overview

Property Type

2 Family - 2 Units Up/Down

Listing Type

For Sale

Year Built

1913

Bedrooms

Full Bathrooms

Half Bathrooms

Living Area

3,883 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 2 Family - 2 Units Up/Down

Year Built 1913

Living Area 3,883 sq ft

Lot Size 0.10 acres

Bedrooms 7

Full Baths 6

Half Baths 2

Total Rooms 21

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Fireplaces 2

Basement Full

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Parking

Features Paved Drive

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $19,583

Assessed Value $3,084,000

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement: Full

Laundry:

Security:

Construction & Materials

Year Built: 1913

Structure Type:

Exterior Materials:

Roof:

Foundation: Concrete Perimeter

Stories: 4

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source: Public

Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 2

Parking Features: Paved Drive

Special Features

Fireplaces: 2

Fireplace Type:

Location

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Neighborhood

316-318 Concord Ave, 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

Elementary Schools

3 schools

Cambridge Montessori School

0.2 mi

Grades PK-06

St. Peter Elementary School

0.3 mi

Grades PK-08

Cambridge Friends School

0.4 mi

Grades PK-08

Middle Schools

3 schools

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

Allium Montessori School

0.9 mi

Grades 01-06

A-

Putnam Avenue Upper School

1.6 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

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Principal & Interest $0

Property Tax $1,632

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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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.

Property History

Property Timeline

🏠

Listed for Sale

Mar 25, 2026

$2,699,000

Original listing

Agent: Ismail Guessous Office: Coldwell Banker Realty - Boston

Date	Event	Price	Change	$/sqft	Details
03/25/2026	🏠 Listed for Sale	$2,699,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Mar 25, 2026	New Listing Added	$2,699,000	—

Market Statistics

Time on Market

15 hours 7 minutes

Price per Sq Ft

$695

Tax History

Year	Taxes	Assessment
2025	$19,583	$3,084,000

Financial Details

Annual Property Tax

$19,583

Tax Year 2025

Assessed Value

$3,084,000

Listing Information

Listing Agent Ismail Guessous

Listing Office Coldwell Banker Realty - Boston

Agent MLS ID CN216016

Office MLS ID AN6192

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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316-318 Concord Ave, Cambridge MA 02138

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Parking & Garage

Special Features

Location

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Walkability

Nearby Schools

Elementary Schools

Middle Schools

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Loan Summary

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