For sale

Price cut: $25K (7/8)

$1,974,900

159 Pearl St, Somerville, MA 02145

15beds

7,500sqft

$11,926/mo

Get pre-qualified

4 Family

Built in 1900

-- sqft lot

$1,874,400 Zestimate^®

$263/sqft

$-- HOA

What's special

Ample off-street parking

Rare opportunity in sought-after Somerville! This unique offering features two separate 2-family homes on one lot, owned and cared for by the same family for decades. The property is fully occupied with long-term tenants, resulting in below-market rents. This offers significant upside potential for investors or owner-occupants. While configured as a four-unit property, there is additional finished space in the lower levels offering flexibility and added utility (buyers to perform their own due diligence). One unit will be delivered vacant, providing an excellent opportunity for owner occupancy or immediate rent adjustment. A standout feature is the ample off-street parking, a rare find in this location. Paved driveway on both sides for easy entry/exit for tenants. Conveniently located near major routes, public transportation, shopping, and dining. Strong income potential with value-add opportunity in a high-demand market.

97 days

252

11

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Heating

Baseboard, Natural Gas, Central

Cooling

Central Air

Appliances

Included: Range, Refrigerator, Microwave
Laundry: Washer Hookup

Features

Living Room, Dining Room, Kitchen, Family Room
Flooring: Tile, Vinyl, Carpet, Varies, Hardwood
Doors: Insulated Doors, Storm Door(s)
Windows: Insulated Windows
Basement: Full,Partially Finished,Interior Entry,Concrete
Has fireplace: No

Interior area

Total structure area: 7,500
Total interior livable area: 7,500 sqft
Finished area above ground: 5,500
Finished area below ground: 2,000

Property

Parking

Total spaces: 8
Parking features: Paved Drive, Off Street, Tandem, Common, Paved
Uncovered spaces: 8

Features

Patio & porch: Porch
Exterior features: Rain Gutters

Lot

Size: 8,190 Square Feet
Features: Level

Details

Additional structures: Shed(s)
Parcel number: M:90 B:G L:34,759890
Zoning: RB

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family

Materials

Frame
Foundation: Concrete Perimeter, Irregular
Roof: Shingle,Slate,Rubber

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Range, for Electric Oven, Washer Hookup, Varies per Unit

Community & HOA

Community

Features: Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, Sidewalks

Location

Region: Somerville

Financial & listing details

Price per square foot: $263/sqft
Tax assessed value: $1,614,900
Annual tax amount: $17,619
Date on market: 5/8/2026
Listing terms: Contract
Total actual rent: 4850

Estimated market value

$1,874,400

$1.78M - $1.97M

$3,792/mo

Price history

Date	Event	Price
7/8/2026	Price change	$1,974,900-1.3%$263/sqft
Source: MLS PIN #73515418 Report a problem
5/8/2026	Listed for sale	$1,999,900$267/sqft
Source: MLS PIN #73515418 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,619 +5%	$1,614,900 +1.2%
2024	$16,787 +6.6%	$1,595,700 +4.7%
2023	$15,752 +6%	$1,523,400 +4.4%
2022	$14,857 +4.2%	$1,459,400 +4.3%
2021	$14,261 +6.5%	$1,399,500 +5.4%
2020	$13,391 +10.7%	$1,327,200 +18%
2019	$12,097 +14%	$1,124,300 +19.9%
2018	$10,608 +1.5%	$937,900 +4.7%
2017	$10,452 +10.9%	$895,600 +19%
2016	$9,428	$752,400