Rare investment opportunity at this masterfully gut-renovated (2023) three-family building situated on a quiet one-way street in North Cambridge. This turnkey property features three spacious, identical 3-bed, 2-bath apartments boasting high ceilings, new windows, and elegant flooring throughout. Each designer unit is equipped with premium stainless steel appliances, quartz countertops, and dedicated high-efficiency systems including central AC, high efficiency gas furnaces, and on-demand tankless hot water. Investors will benefit from units being separately metered for all utilities and a heavy-duty fire sprinkler system with a dedicated storage tank. Beyond the massive basement storage, the property benefits from the potential of adding an additional floor or an ADU as permitted by Cambridge's new zoning regulation. It also has a 92 Bike Score, in this prime location just 0.5 miles to Alewife Station. Additionally it's a prime candidate for condo conversion.
Sold for $2,610,000
$2,610,000
22 Madison Ave, Cambridge, MA 02140
9beds
3,957sqft
3 Family - 3 Units Up/Down
Built in 1923
-- sqft lot
$2,600,900 Zestimate®
$660/sqft
$3,228 Estimated rent
Home value
$2,600,900
$2.42M - $2.78M
$3,228/mo
Zestimate® history
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$3,228/mo
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$13,231/mo
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List your homeWhat's special
High efficiency gas furnacesNew windowsQuartz countertopsOn-demand tankless hot waterHigh ceilingsPremium stainless steel appliancesElegant flooring throughout
Zillow last checked:
Listing updated:
Listed by:
Montivista Real Estate Group 617-819-7611,
eXp Realty LLC - Corporate Office 888-854-7493
Bought with:
Jonathan Thurrott
Visionary Investments Real Estate
Source: MLS PIN,MLS#: 73491363
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven, Rangetop - ENERGY STAR
Features
- Living Room, Kitchen, Laundry Room
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,957
- Total interior livable area: 3,957 sqft
- Finished area above ground: 3,957
Property
Parking
- Total spaces: 3
- Parking features: Off Street, Assigned, Driveway
- Uncovered spaces: 3
Features
- Patio & porch: Deck - Wood
- Exterior features: Balcony
Lot
- Size: 4,400 Square Feet
- Features: Level
Details
- Parcel number: 413135
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Block
- Roof: Rubber
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Park, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Public School, T-Station, University
Location
- Region: Cambridge
Financial & listing details
- Price per square foot: $660/sqft
- Tax assessed value: $2,730,000
- Annual tax amount: $18,735
- Date on market: 7/9/2026
- Total actual rent: 13807
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Sold | $2,610,000-6.8%$660/sqft |
Source: MLS PIN #73491363 Report a problem | ||
| 6/15/2026 | Pending sale | $2,800,000$708/sqft |
Source: MLS PIN #73491363 Report a problem | ||
| 5/25/2026 | Price change | $2,800,000-8.4%$708/sqft |
Source: MLS PIN #73491363 Report a problem | ||
| 4/28/2026 | Price change | $3,055,555-1.4%$772/sqft |
Source: MLS PIN #73491363 Report a problem | ||
| 3/25/2026 | Listed for sale | $3,100,000+5.1%$783/sqft |
Source: MLS PIN #73491363 Report a problem | ||
| 10/16/2025 | Listing removed | $2,950,000$746/sqft |
Source: MLS PIN #73414543 Report a problem | ||
| 8/28/2025 | Price change | $2,950,000-6.3%$746/sqft |
Source: MLS PIN #73414543 Report a problem | ||
| 8/6/2025 | Listed for sale | $3,150,000+90.9%$796/sqft |
Source: MLS PIN #73414543 Report a problem | ||
| 11/16/2021 | Sold | $1,650,000+5.4%$417/sqft |
Source: MLS PIN #72904770 Report a problem | ||
| 10/13/2021 | Contingent | $1,565,000$396/sqft |
Source: MLS PIN #72904770 Report a problem | ||
| 10/6/2021 | Listed for sale | $1,565,000$396/sqft |
Source: MLS PIN #72904770 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,551 +81.1% | $2,606,500 +68.8% |
| 2024 | $9,141 +1.7% | $1,544,100 +0.7% |
| 2023 | $8,986 +6.8% | $1,533,500 +7.9% |
| 2022 | $8,414 +3.6% | $1,421,300 +2.3% |
| 2021 | $8,125 +1.7% | $1,388,900 -0.1% |
| 2020 | $7,991 +5% | $1,389,700 +8.5% |
| 2019 | $7,610 +10.3% | $1,281,200 +16.8% |
| 2018 | $6,898 -0.8% | $1,096,700 +2.3% |
| 2017 | $6,955 +3% | $1,071,600 +11% |
| 2016 | $6,751 +2.6% | $965,800 +14.8% |
| 2015 | $6,577 +3.7% | $841,000 +11.1% |
| 2014 | $6,344 -0.1% | $757,100 +3.3% |
| 2013 | $6,348 +2.1% | $733,000 0% |
| 2012 | $6,217 +3.9% | $733,100 |
| 2011 | $5,982 +4.3% | $733,100 -1.3% |
| 2010 | $5,734 +1% | $742,700 -1.1% |
| 2009 | $5,677 +1.4% | $750,900 -1.3% |
| 2008 | $5,601 -2.9% | $761,000 -1.3% |
| 2007 | $5,769 -4.2% | $771,300 -5.5% |
| 2006 | $6,024 -5.6% | $816,200 -0.5% |
| 2005 | $6,380 +32.4% | $820,100 +29.9% |
| 2004 | $4,818 +20.9% | $631,400 +15% |
| 2003 | $3,986 +2.1% | $549,000 +1.5% |
| 2002 | $3,905 +10.2% | $540,900 +47.2% |
| 2000 | $3,542 | $367,400 +30% |
| 1999 | -- | $282,600 |
Find assessor info on the county website
Neighborhood: North Cambridge
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Nearby schools
GreatSchools rating
- 7/10Peabody SchoolGrades: PK-5Distance: 0.7 mi
- 8/10Rindge Avenue Upper SchoolGrades: 6-8Distance: 0.7 mi
- 8/10Cambridge Rindge and Latin SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$2,600,900
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