49 Porter Street, Somerville MA 02143
Somerville, MA 02143
$2,396,000
Est. $14,346/month
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About this home
Located in Somerville’s desirable Spring Hill neighborhood, this property offers strong urban living and investment potential. Ideally situated between Porter and Davis Squares with a 91 Walk Score, it provides convenient access to the MBTA Red Line, Commuter Rail, local shops, dining, and nearby universities including Harvard, Lesley, and Tufts. The home features generous layouts, high ceilings, original hardwood floors, and abundant natural light throughout. Outdoor amenities include multiple private decks and a shared yard, offering flexible options for relaxation or entertaining. Well-maintained and move-in ready, the property also presents value add potential for investors seeking to enhance equity and rental income. Classic three deck configuration with a functional layout well suited for both owner occupants and investment use. Q1 2026 market data indicates strong upward pressure on rental rates in the 02143 zip code, reinforcing capitalization rate potential.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
May 5, 2026
$2,396,000
Original listing
Agent: Montivista Real Estate Group
Office: eXp Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/05/2026 | 🏠 Listed for Sale | $2,396,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $24,365 | $2,233,300 |
Financial Details
Annual Property Tax
$24,365
Tax Year 2026
Assessed Value
$2,233,300
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1900
Living Area
4,110 sq ft
Lot Size
0.09 acres
Bedrooms
12
Full Baths
4
Total Rooms
20
Investment Metrics
Units
3
Unit 1 Rent
$3,500/mo · Y
Unit 2 Rent
$3,800/mo · Y
Unit 3 Rent
$4,025/mo · Y
Total Monthly Rent
$11,325/mo
Gross Income
$136,893
Net Operating Income
$112,804
Operating Expenses
$24,089
Cap Rate
4.71%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
None
Fireplace
None
Basement
Unfinished
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
2
Utilities
Electric
110 Volts, Common
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$24,365
Assessed Value
$2,233,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Sq Ft Disclosures
The buyer and the buyers agent do their own due diligency.
Documents
None
County
Middlesex
Total market time (incl. prior listings)
6 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
12
Full Bathrooms
4
Living Area
4,110 sq ft
Total Rooms
20
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
4,110 sq ft above 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:
Wood
Appliances:
Interior Features:
Windows:
Basement:
Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Foundation:
Brick/Mortar
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street
Nearby Schools
School District
Somerville School District local
B-
School Safety
2024-25
2.5%
Average
1.4%
Suspensions
2.2%
In-School
1.1%
Emergency
3.0% below state avg
Elementary Schools
9 schools
St. Theresa of the Child Jesus School
0.2 mi
Grades PK-08
A
John F Kennedy School
0.2 mi
|
#50 of 352
|
Score: 56.7
Improved 5 spots from last year
-1.5 below state avg
439 students
Diverse
Grades PK-08
B+
Albert F. Argenziano School at Lincoln Park
0.9 mi
|
#134 of 352
|
Score: 45.7
Improved 40 spots from last year
-12.6 below state avg
553 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
C+
Arthur D Healey School
1.0 mi
|
#236 of 352
|
Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students
Diverse
Rising School
Diverse Student Body
Grades PK-08
C-
Winter Hill Community School
1.2 mi
|
#287 of 352
|
Score: 32.6
Dropped 15 spots from last year
-25.7 below state avg
388 students
Diverse
Diverse Student Body
Grades PK-08
C+
East Somerville Community School
1.3 mi
|
#245 of 352
|
Score: 37.0
Improved 6 spots from last year
-21.2 below state avg
747 students
Diverse
Grades PK-08
A+
Benjamin G Brown School
0.6 mi
|
#78 of 824
|
Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students
Diverse
Strong Attendance
Grades K-05
Tufts Educational Day Care Center
1.0 mi
Grades PK-K
Capuano Early Childhood Center
1.3 mi
250 students
Very Diverse
Diverse Student Body
Grades PK-01
Middle Schools
1 school
Next Wave Junior High School
0.8 mi
16 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
2 schools
F
Full Circle High School
0.8 mi
|
#344 of 346
|
Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students
Diverse
Rising School
Career Tech Programs
College Ready Curriculum
Diverse Student Body
Grades 09-12
B+
Somerville High School
0.8 mi
|
#131 of 346
|
Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students
Diverse
17 sports
• 1,566 athletes
Rising School
Career Tech Programs
Strong Athletics
Diverse Student Body
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$2,030
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
49 Porter Street, Somerville MA 02143
Somerville, MA 02143
Listing Information
Listing Agent
Montivista Real Estate Group
Listing Office
eXp Realty LLC - Corporate Office
Office Phone
888-854-7493
Agent MLS ID
TM346541
Office MLS ID
AC0342
Listing Data Updated
May 11, 2026 2:46 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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