Exceptional investment opportunity at 343 Harvard Ave in Cambridge. This well-maintained 5-unit property features 4 one-bedroom units and 1 two-bedroom unit, generating high in-place income with significant upside potential. Four of the five leases expire this year and are currently below market value, offering investors a rare chance to increase rents and dramatically improve cash flow and cap rate. With approximately $13,500/month in current rental income and low annual expenses, this asset is ideal for both seasoned investors and 1031 exchange buyers. Includes 2 off-street parking spaces. Located in a prime, high-demand area near Harvard Square, this property benefits from consistent tenant demand, long-term appreciation, and unbeatable access to universities, public transportation, and local amenities.
Pending
Price cut: $25K (5/24)
$2,325,000
343 Harvard St, Cambridge, MA 02138
7beds
4,294sqft
5+ Family - 5+ Units Up/Down
Built in 1855
-- sqft lot
$-- Zestimate®
$541/sqft
$-- HOA
What's special
- 87 days |
- 137 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Brian Gagnon 617-733-3983,
Coldwell Banker Realty - Boston 617-266-4430
Source: MLS PIN,MLS#: 73500252
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Features
- Basement: Partial
- Number of fireplaces: 2
Interior area
- Total structure area: 4,294
- Total interior livable area: 4,294 sqft
- Finished area above ground: 3,201
- Finished area below ground: 1,093
Property
Parking
- Total spaces: 2
- Uncovered spaces: 2
Lot
- Size: 3,661 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:00135 L:00068,409038
- Zoning: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1855
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cambridge
Financial & listing details
- Price per square foot: $541/sqft
- Tax assessed value: $2,145,000
- Annual tax amount: $13,621
- Date on market: 4/12/2026
- Total actual rent: 13500
Estimated market value
Not available
Estimated sales range
Not available
$2,995/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $2,900+3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/2/2026 | Listed for rent | $2,800-26.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/10/2026 | Pending sale | $2,325,000$541/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 6/2/2026 | Listing removed | $3,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/28/2026 | Contingent | $2,325,000$541/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 5/24/2026 | Price change | $2,325,000-1.1%$541/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 5/18/2026 | Price change | $2,350,000-1.1%$547/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 5/12/2026 | Listed for rent | $3,800+35.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/11/2026 | Price change | $2,375,000-4%$553/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 5/3/2026 | Price change | $2,475,000-1%$576/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 5/1/2026 | Listed for sale | $2,500,000$582/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 4/28/2026 | Contingent | $2,500,000$582/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 4/12/2026 | Listed for sale | $2,500,000$582/sqft |
Source: MLS PIN #73500252 Report a problem | ||
| 8/21/2025 | Listing removed | $2,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/21/2025 | Listed for rent | $2,800+21.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2024 | Listing removed | $2,300$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2024 | Listed for rent | $2,300-23.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/4/2024 | Listed for rent | $3,000-16.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/28/2024 | Listed for rent | $3,600+30.9%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/11/2024 | Listed for rent | $2,750-19.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/2/2023 | Listed for rent | $3,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Mid-Cambridge
Nearby schools
GreatSchools rating
- 8/10John M. Tobin Montessori SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Putnam Avenue Upper SchoolGrades: 6-8Distance: 0.3 mi
- 8/10Cambridge Rindge and Latin SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Massachusetts
- Middlesex County
- Cambridge
- 02138
- Mid-Cambridge
- 343 Harvard St







