Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville's desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville's most sought-after neighborhoods. Group showings and OH Only. Thurs June 18: 12-1pm, Fri June 19: 12-1pm, OH Sat June 20: 12-1:30pm, Sun June 21: 12-1:30pm.
For sale
$2,475,000
237 Highland Ave, Somerville, MA 02143
6beds
6,020sqft
5-9 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$411/sqft
$-- HOA
What's special
Two street-level commercial storefrontsOne four-bedroom apartmentOne studio apartmentTwo one-bedroom apartments
- 22 days |
- 234 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Shane Marrion 617-750-6378,
Benoit Real Estate Group ,LLC 617-764-5590,
Jay Najarian 781-929-1505
Source: MLS PIN,MLS#: 73536580
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Flooring: Wood, Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,020
- Total interior livable area: 6,020 sqft
- Finished area above ground: 6,020
Property
Lot
- Size: 3,333 Square Feet
- Features: Level
Details
- Parcel number: M:0034 B:000E L:0045,752346
- Zoning: MR3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-9 Family
Materials
- Frame
- Foundation: Concrete Perimeter
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven
Community & HOA
Community
- Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Location
- Region: Somerville
Financial & listing details
- Price per square foot: $411/sqft
- Tax assessed value: $1,145,280
- Annual tax amount: $12,575
- Date on market: 6/16/2026
- Total actual rent: 10850
Estimated market value
Not available
Estimated sales range
Not available
$2,704/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Listed for sale | $2,475,000+72.4%$411/sqft |
Source: MLS PIN #73536580 Report a problem | ||
| 4/30/2026 | Listing removed | $2,600 |
Source: Zillow Rentals Report a problem | ||
| 4/9/2026 | Listed for rent | $2,600+10.6% |
Source: Zillow Rentals Report a problem | ||
| 5/6/2025 | Listing removed | $2,350 |
Source: Zillow Rentals Report a problem | ||
| 4/15/2025 | Listed for rent | $2,350+4.4% |
Source: Zillow Rentals Report a problem | ||
| 3/21/2019 | Listing removed | $2,250 |
Source: Zillow Rental Manager Report a problem | ||
| 2/27/2019 | Listed for rent | $2,250 |
Source: Zillow Rental Manager Report a problem | ||
| 8/25/2016 | Sold | $1,435,200-7.4%$238/sqft |
Source: Public Record Report a problem | ||
| 1/13/2016 | Listed for sale | $1,550,000$257/sqft |
Source: RE/MAX Leading Edge #71943672 Report a problem | ||
| 1/5/2016 | Pending sale | $1,550,000$257/sqft |
Source: RE/MAX Leading Edge #71943672 Report a problem | ||
| 12/29/2015 | Listed for sale | $1,550,000+40.9%$257/sqft |
Source: RE/MAX Leading Edge #71943672 Report a problem | ||
| 6/5/2011 | Listing removed | $1,100,000$183/sqft |
Source: The Norton Group, Inc. #70596254 Report a problem | ||
| 1/18/2011 | Listed for sale | $1,100,000$183/sqft |
Source: Donald Norton #70596254 Report a problem | ||
| 7/31/2010 | Listing removed | $1,100,000$183/sqft |
Source: Donald Norton #70596254 Report a problem | ||
| 7/25/2008 | Listed for sale | $1,100,000$183/sqft |
Source: Donald Norton #70596254 Report a problem | ||
| 12/7/2007 | Listing removed | $1,100,000$183/sqft |
Source: ERA #70596254 Report a problem | ||
| 11/12/2007 | Listed for sale | $1,100,000+323.1%$183/sqft |
Source: ERA #70596254 Report a problem | ||
| 6/26/1997 | Sold | $260,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,833,200 +2.3% |
| 2024 | -- | $1,791,500 +1.8% |
| 2023 | -- | $1,760,200 +3.1% |
| 2022 | -- | $1,706,700 +5.2% |
| 2021 | -- | $1,622,900 +6.2% |
| 2020 | -- | $1,528,400 +3.6% |
| 2019 | -- | $1,475,500 +16.1% |
| 2018 | -- | $1,271,100 +30.4% |
| 2017 | -- | $974,700 +13.4% |
| 2016 | -- | $859,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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Climate risks
Neighborhood: Spring Hill
Nearby schools
GreatSchools rating
- 8/10John F. Kennedy Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.8 mi
- 8/10Benjamin G. Brown SchoolGrades: K-5Distance: 0.5 mi
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- Massachusetts
- Middlesex County
- Somerville
- 02143
- Spring Hill
- 237 Highland Ave
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Nearby neighborhoods
Nearby zip codes
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