1039 Massachusetts Avenue, aka The University Building, offers 26 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of a six-story, elevatored building with a basement level. Originally built in 1920, the property has been exceptionally well-maintained by current ownership, with substantial capital invested in recent years, including significant improvements made to building systems, elevator modernization, roof replacement, and enhancements made to the building‘s entryway space and throughout all common areas. Apartment finish levels vary, with the property offering a mix of original, partially-renovated,and fully-renovated units, providing a desirable mix of proven-value add and organic rent upside remaining.
Pending
$12,000,000
1039 Massachusetts Ave, Cambridge, MA 02138
46beds
20,317sqft
:
Get pre-qualified$73,511/mo
5+ Family - 5+ Units Up/Down
Built in 1920
-- sqft lot
$-- Zestimate®
$591/sqft
$-- HOA
What's special
Six-story elevatored buildingRoof replacement
- 65 days |
- 19 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
John McLaughlin 781-454-7502,
CBRE, Inc 617-912-7000
Source: MLS PIN,MLS#: 73485718
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 46
- Bathrooms: 26
- Full bathrooms: 26
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 20,317
- Total interior livable area: 20,317 sqft
- Finished area above ground: 20,317
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 3
- Uncovered spaces: 3
Lot
- Size: 0.26 Acres
- Features: Other
Details
- Parcel number: 408683
- Zoning: BB-HSQ
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Concrete Perimeter, Brick/Mortar, Granite
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cambridge
Financial & listing details
- Price per square foot: $591/sqft
- Tax assessed value: $10,101,100
- Annual tax amount: $67,374
- Date on market: 6/1/2026
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
$2,803/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Pending sale | $12,000,000$591/sqft |
Source: MLS PIN #73485718 Report a problem | ||
| 3/12/2026 | Listed for sale | $12,000,000$591/sqft |
Source: MLS PIN #73485718 Report a problem | ||
| 6/2/2020 | Listing removed | $2,600 |
Source: Boston Z Realty Report a problem | ||
| 4/6/2020 | Listed for rent | $2,600+15.8% |
Source: Boston Z Realty Report a problem | ||
| 7/11/2019 | Listing removed | $2,245 |
Source: Zillow Rental Manager Report a problem | ||
| 7/7/2019 | Listed for rent | $2,245 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $66,478 +3.6% | $10,469,000 -3.4% |
| 2024 | $64,164 -3.8% | $10,838,500 -4.8% |
| 2023 | $66,704 +9.7% | $11,382,900 +10.8% |
| 2022 | $60,807 -2.9% | $10,271,400 -4% |
| 2021 | $62,606 +9.8% | $10,701,900 +7.9% |
| 2020 | $57,023 +7.4% | $9,917,000 +11% |
| 2019 | $53,070 +5.7% | $8,934,400 +11.9% |
| 2018 | $50,201 +28.5% | $7,981,100 +8.9% |
| 2017 | $39,063 | $7,330,500 +12% |
| 2016 | $39,063 -10.9% | $6,545,100 +16.7% |
| 2015 | $43,843 +2.7% | $5,606,500 +10% |
| 2014 | $42,698 -0.3% | $5,095,200 +3% |
| 2013 | $42,825 +13.5% | $4,945,100 +11.2% |
| 2012 | $37,719 +3.9% | $4,448,000 |
| 2011 | $36,296 -4.4% | $4,448,000 -9.5% |
| 2010 | $37,948 +2.1% | $4,915,500 |
| 2009 | $37,161 +2.7% | $4,915,500 |
| 2008 | $36,178 -5.8% | $4,915,500 -4.3% |
| 2007 | $38,414 +1.4% | $5,135,600 |
| 2006 | $37,901 -1.6% | $5,135,600 +3.7% |
| 2005 | $38,530 +24.2% | $4,952,500 +21.9% |
| 2004 | $31,011 +9.6% | $4,064,300 +4.3% |
| 2003 | $28,304 +3.6% | $3,898,600 +3% |
| 2002 | $27,328 +8.4% | $3,785,000 +44.7% |
| 2000 | $25,209 | $2,615,000 +18.3% |
| 1999 | -- | $2,211,000 |
Find assessor info on the county website
Monthly payment
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Neighborhood: Mid-Cambridge
Nearby schools
GreatSchools rating
- 9/10Martin Luther King, Jr. SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Putnam Avenue Upper SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Cambridge Rindge and Latin SchoolGrades: 9-12Distance: 0.3 mi
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