Sold for $2,625,000

$2,625,000

49-51 Putnam Ave, Cambridge, MA 02138

9beds

3,213sqft

3 Family

Built in 1903

-- sqft lot

$-- Zestimate^®

$817/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$16,402/mo

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What's special

Modern finishesFull basement for storageUpdated systemsWell-kept exteriorFunctional layouts

Rare opportunity to acquire a meticulously maintained three-family residence at 49–51 Putnam Ave in Cambridge. Each thoughtfully updated 3-bedroom, 2-bath unit offers modern finishes, functional layouts, and strong tenant appeal. The building is in outstanding condition, with updated systems, a full basement for storage, and a well-kept exterior. Ideally located just moments from the Charles River, Harvard Square, the Harvard & Central Sq. T stations, and Harvard University, this prime setting ensures exceptional convenience and enduring rental demand. Currently generating excellent rental income, the property delivers immediate cash flow with long-term appreciation potential in one of Cambridge’s most desirable neighborhoods.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 6
Full bathrooms: 6

Features

Flooring: Wood
Windows: Insulated Windows
Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,213
Total interior livable area: 3,213 sqft
Finished area above ground: 3,213

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Lot

Size: 2,233 Square Feet
Features: Other

Details

Parcel number: M:00131 L:00060,408417
Zoning: C-1

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Other
Roof: Rubber

Condition

Year built: 1903

Utilities & green energy

Electric: Circuit Breakers
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, University

Location

Region: Cambridge

Financial & listing details

Price per square foot: $817/sqft
Tax assessed value: $1,951,000
Annual tax amount: $12,389
Date on market: 4/16/2026
Total actual rent: 14475

Price history

Date	Event	Price
7/31/2026	Sold	$2,625,000-4.5%$817/sqft
Source: MLS PIN #73481478 Report a problem
6/17/2026	Pending sale	$2,750,000$856/sqft
Source: MLS PIN #73481478 Report a problem
6/3/2026	Contingent	$2,750,000$856/sqft
Source: MLS PIN #73481478 Report a problem
5/9/2026	Price change	$2,750,000-5%$856/sqft
Source: MLS PIN #73481478 Report a problem
3/24/2026	Price change	$2,895,000-3.3%$901/sqft
Source: MLS PIN #73481478 Report a problem
3/2/2026	Listed for sale	$2,995,000$932/sqft
Source: MLS PIN #73481478 Report a problem