Rare-to-market BRICK 3-family opportunity in North Cambridge on a nearly 4K lot w/ 3700 sqft of living area, front & back porches & patio, and driveway offers a huge upside to end-users, investors, & developers alike! Impeccably well-maintained, each unit boasts 3 beds/1 bath w/ hardwoods, updated kitchens, & classic front-to-back layouts including adjoining living & dining rooms. Tenants enjoy exclusive-use laundry in the basement, along with ample private storage. Each unit is leased through 8/31/25, generating a combined monthly rent of $8,610 (**under market rents**). Additional highlights include a shared patio, a storage shed, and a paved driveway w/ carport for 3 cars. All this on a tree-lined street near Alewife, Davis Square, Tufts, Mass Ave, and the Minuteman Bikeway. Ideal for investors, 1031 exchanges, or future condo conversion. A solid Cambridge investment in a prime location!
Sold for $2,050,000
$2,050,000
7 Richard Ave, Cambridge, MA 02140
9beds
4,976sqft
3 Family - 3 Units Up/Down
Built in 1928
-- sqft lot
$2,260,600 Zestimate®
$412/sqft
$3,620 Estimated rent
Home value
$2,260,600
$2.06M - $2.51M
$3,620/mo
Zestimate® history
Owner options
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$3,620/mo
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$3,620/mo
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$10,392/mo
Est. payment
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$10,392/mo
Est. payment
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List your homeWhat's special
Classic front-to-back layoutsFront and back porchesUpdated kitchensShared patioPrivate storageExclusive-use laundry
Zillow last checked:
Listing updated:
Listed by:
The Rasner Group 617-823-9780,
Keller Williams Realty Boston-Metro | Back Bay 617-542-0012,
Ilya Jacob Rasner 617-823-9780
Bought with:
Emorrison Williams
Emorrison Williams
Source: MLS PIN,MLS#: 73357234
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Hot Water, Steam
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Features
- Living Room, Dining Room, Kitchen
- Flooring: Hardwood
- Windows: Insulated Windows
- Basement: Full,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,976
- Total interior livable area: 4,976 sqft
- Finished area above ground: 3,735
- Finished area below ground: 1,241
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem, Driveway
- Uncovered spaces: 3
Features
- Patio & porch: Porch, Patio
- Exterior features: Balcony
Lot
- Size: 3,933 sqft
Details
- Additional structures: Shed(s)
- Parcel number: M:00186 L:00065,413049
- Zoning: BA-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
Condition
- Year built: 1928
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station, Sidewalks
Location
- Region: Cambridge
HOA & financial
Other financial information
- Total actual rent: 8610
Other
Other facts
- Listing terms: Contract
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2025 | Sold | $2,050,000$412/sqft |
Source: MLS PIN #73357234 Report a problem | ||
| 6/2/2025 | Contingent | $2,050,000$412/sqft |
Source: MLS PIN #73357234 Report a problem | ||
| 5/5/2025 | Listed for sale | $2,050,000+2.5%$412/sqft |
Source: MLS PIN #73357234 Report a problem | ||
| 4/17/2025 | Contingent | $2,000,000$402/sqft |
Source: MLS PIN #73357234 Report a problem | ||
| 4/9/2025 | Listed for sale | $2,000,000+115.1%$402/sqft |
Source: MLS PIN #73357234 Report a problem | ||
| 2/26/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 9/28/2020 | Listing removed | $2,400 |
Source: Owner Report a problem | ||
| 8/19/2020 | Price change | $2,400-4% |
Source: Owner Report a problem | ||
| 7/25/2020 | Listed for rent | $2,500$1/sqft |
Source: Owner Report a problem | ||
| 4/9/2004 | Sold | $930,000$187/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,855 +9.1% | $1,867,000 +1.7% |
| 2024 | $10,863 +7.3% | $1,835,000 +6.3% |
| 2023 | $10,120 +7.8% | $1,727,000 +8.9% |
| 2022 | $9,386 +3.8% | $1,585,400 +2.6% |
| 2021 | $9,042 +2.8% | $1,545,700 +1.1% |
| 2020 | $8,795 +4.7% | $1,529,600 +8.1% |
| 2019 | $8,403 +7.5% | $1,414,700 +13.8% |
| 2018 | $7,818 +2.6% | $1,242,900 +5.8% |
| 2017 | $7,623 +2.7% | $1,174,500 +10.6% |
| 2016 | $7,423 +2.7% | $1,062,000 +14.9% |
| 2015 | $7,227 +3.4% | $924,200 +10.8% |
| 2014 | $6,990 +1.1% | $834,100 +4.5% |
| 2013 | $6,915 +2.1% | $798,500 |
| 2012 | $6,771 +3.9% | $798,500 |
| 2011 | $6,516 +4.5% | $798,500 -1.1% |
| 2010 | $6,233 +0.9% | $807,400 -1.2% |
| 2009 | $6,177 +1.6% | $817,000 -1.1% |
| 2008 | $6,082 -0.7% | $826,400 +0.9% |
| 2007 | $6,126 +5.8% | $819,000 +4.4% |
| 2006 | $5,791 -5.9% | $784,700 -0.8% |
| 2005 | $6,152 +64.2% | $790,700 +61% |
| 2004 | $3,747 +20.9% | $491,100 +15% |
| 2003 | $3,100 +7.6% | $427,000 +7% |
| 2002 | $2,882 -7.2% | $399,100 +23.9% |
| 2000 | $3,104 | $322,000 +15% |
| 1999 | -- | $280,000 |
Find assessor info on the county website
Neighborhood: North Cambridge
Nearby schools
GreatSchools rating
- 7/10Peabody SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Rindge Avenue Upper SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Cambridge Rindge and Latin SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$2,260,600
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Estimated market value
$2,260,600
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