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$499,000

12 Shepard St # 0, Cambridge MA 02138
Cambridge, MA 02138
Listed by Greg M. Dorsey
Bedrooms
2
Bathrooms
1
Living area
731 sqft
Year built
1910

About this home

Situated on a quiet, tree-lined street in highly desirable Neighborhood 9, this bright garden-level condo presents a compelling investment opportunity in one of Cambridge’s strongest rental markets. With a proven rental history, located just minutes from Harvard Square and Porter Square, the property offers consistent appeal to tenants seeking convenient access to shops, restaurants, Starbucks, and the Red Line for an easy commute into Boston. The 731-square-foot layout is thoughtfully designed to maximize space, featuring new floors & refrigerator, a private street entrance, a comfortable living area, two equal-sized bedrooms, and ample storage. Additional amenities include common laundry, private storage, and access to a shared fenced outdoor space. Combining strong rental potential, broad tenant appeal, and an exceptional Cambridge location near world-renowned academic and cultural hubs, this is an excellent opportunity for long-term value.

Property details

MLS #
73527385
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
81
On market date
June 1, 2026
Stories
1
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Graham and Parks
0.19 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
347
Student:teacher ratio
10.5:1
District
Cambridge
Middle
Rindge Avenue Upper School
0.82 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
262
Student:teacher ratio
8.2:1
District
Cambridge
High
Cambridge Rindge and Latin
0.68 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,867
Student:teacher ratio
8.6:1
District
Cambridge

Mortgage calculator

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 8, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.