Under contract

$1,695,000

157 Elm St, Somerville, MA 02144

6beds

2,719sqft

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3 Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$623/sqft

$-- HOA

What's special

Corner three-family propertyDesirable southern exposureAbundant parkingThree spacious bedrooms

Exceptional investment opportunity in the heart of Davis Square. This rare corner three-family property offers abundant parking and endless potential for investors, owner-occupants, or developers. Unit 1 features two bedrooms plus a den and sits above street level, providing added privacy and natural light. Unit 2 offers three spacious bedrooms, while Unit 3 includes one bedroom plus additional unfinished space with potential to expand the living area. The building's desirable southern exposure and numerous windows fill each unit with sunlight throughout the day. A partially finished basement with generous ceiling height presents additional possibilities for expansion or future improvements. Ideally located just a five-minute walk to Porter Square Station, Star Market, and the vibrant restaurants, cafés, and shops of both Porter and Davis Squares. A unique opportunity in one of Somerville's most sought-after neighborhood. Offers are due on Tuesday June 30th at 12pm

13 days

547

25

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Features

Basement: Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,719
Total interior livable area: 2,719 sqft
Finished area above ground: 2,719

Property

Parking

Total spaces: 4
Uncovered spaces: 4

Features

Patio & porch: Enclosed, Patio

Lot

Size: 4,155 Square Feet
Features: Corner Lot

Details

Parcel number: 750557
Zoning: Res

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Foundation: Granite
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, T-Station

Location

Region: Somerville

Financial & listing details

Price per square foot: $623/sqft
Tax assessed value: $1,563,200
Annual tax amount: $17,164
Date on market: 6/25/2026
Total actual rent: 2000

Estimated market value

Not available

Estimated sales range

Not available

$2,924/mo

Price history

Date	Event	Price
7/2/2026	Contingent	$1,695,000$623/sqft
Source: MLS PIN #73540783 Report a problem
6/24/2026	Listed for sale	$1,695,000$623/sqft
Source: MLS PIN #73540783 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,940 +5.5%	$1,461,000 +1.8%
2024	$15,105 +2.1%	$1,435,800 +0.4%
2023	$14,793 +5.4%	$1,430,700 +3.8%
2022	$14,035 +4.4%	$1,378,700 +4.5%
2021	$13,447 +8.2%	$1,319,600 +7.1%
2020	$12,429 +0.5%	$1,231,800 +7.2%
2019	$12,369 +7.5%	$1,149,500 +13%
2018	$11,508 +1.8%	$1,017,500 +5.1%
2017	$11,301 +2.4%	$968,400 +9.9%
2016	$11,040	$881,100

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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