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343 Harvard St, Cambridge MA 02139

Cambridge, MA 02139 • Harvard Square
$2,500,000
Est. $13,976/month
7
Beds
5
Baths
4,984
Sq Ft
$502
Price/Sq Ft
0.08
Acres
1855
Year Built
5+ Family - 5+ Units Up/Down
Type
16 hours 1 minute
Time on Market
Active Listed Apr 12, 2026 • MLS# 73500252 Copied!

About this home

Exceptional investment opportunity at 343 Harvard Ave in Cambridge. This well-maintained 5-unit property features 4 one-bedroom units and 1 two-bedroom unit, generating high in-place income with significant upside potential. Four of the five leases expire this year and are currently below market value, offering investors a rare chance to increase rents and dramatically improve cash flow and cap rate. With approximately $13,500/month in current rental income and low annual expenses, this asset is ideal for both seasoned investors and 1031 exchange buyers. Includes 2 off-street parking spaces. Located in a prime, high-demand area near Harvard Square, this property benefits from consistent tenant demand, long-term appreciation, and unbeatable access to universities, public transportation, and local amenities.

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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1855
Bedrooms
7
Full Bathrooms
5
Living Area
4,984 sq ft
Total Rooms
20
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1855
Living Area 4,984 sq ft
Lot Size 0.08 acres
Bedrooms 7
Full Baths 5
Total Rooms 20

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Fireplaces 2
Basement Partial
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None

Parking

Features None
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $13,621
Assessed Value $2,145,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partial
Laundry:
Security:

Construction & Materials

Year Built: 1855
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 2
Parking Features:

Special Features

Fireplaces: 2
Fireplace Type:

Location

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Neighborhood

Harvard Square

343 Harvard St, Cambridge MA 02139

Cambridge, MA 02139

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

10 schools
C
Prospect Hill Academy Charter School
0.5 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
Amigos School
0.6 mi | #45 of 352 | Score: 57.8
Improved 14 spots from last year
-0.5 below state avg
413 students Diverse
Diverse Student Body
Grades PK-08
St. Peter Elementary School
1.2 mi
Grades PK-08
Shady Hill School
1.5 mi
Grades PK-08
Cambridge Montessori School
1.5 mi
Grades PK-06
Cambridge Friends School
1.6 mi
Grades PK-08
A
Benjamin Banneker Charter Public School
1.8 mi | #100 of 824 | Score: 59.4
Dropped 79 spots from last year
+1.2 above state avg
352 students Less Diverse
Grades PK-06
Lycee International de Boston/International School of Boston, Inc.
2.5 mi
Grades 01-12
Fayerweather Street School
2.7 mi
Grades PK-08
A
John M Tobin School
0.3 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
M

Middle Schools

5 schools
Allium Montessori School
0.7 mi
Grades 01-06
A-
Putnam Avenue Upper School
0.4 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
0.9 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
1.2 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
A
Rindge Avenue Upper School
1.7 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
H

High Schools

3 schools
Farr Academy School
0.6 mi
Grades 07-12
NuVu Innovation School
0.7 mi
Grades 08-12
B-
Community Charter School of Cambridge
1.3 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
Learn about these ratings
School data provided by BMN Schools

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 $1,135
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

-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
Apr 12, 2026
$2,500,000
Original listing
Agent: Brian Gagnon Office: Coldwell Banker Realty - Boston

Price & Status History

Date Event Price Change
Apr 12, 2026 New Listing Added $2,500,000 —

Market Statistics

Time on Market
16 hours 1 minute
Price per Sq Ft
$502

Tax History

Year Taxes Assessment
2025 $13,621 $2,145,000

Financial Details

Annual Property Tax
$13,621
Tax Year 2025
Assessed Value
$2,145,000

Listing Information

Listing Agent Brian Gagnon
Listing Office Coldwell Banker Realty - Boston
Agent MLS ID BB803862
Office MLS ID AN6192
Listing Data Updated Apr 12, 2026 1:36 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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Steven Novak

Steven Novak

BMN Boston Real Estate

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