5-9 Family at 237 Highland Ave, Somerville
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23 photos

$2,100,000

Bedrooms
6
Bathrooms
4.5
Living area
6,020 sqft
Year built
1900
237 Highland Ave
Somerville, MA 02143
Listed by Shane Marrion

Highlights

Property type
5-9 Family
Lot size
0.08 acres
On market
139 days

About this home

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.

Property details

MLS
MLS Property Information Network
MLS #
73536580
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
139
On market date
June 16, 2026
Stories
3
Total bathrooms
4.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.08 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
John F Kennedy
0.34 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
436
Student:teacher ratio
13.2:1
District
Somerville
Middle
Rindge Avenue Upper School
0.98 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
Somerville High
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
1,304
Student:teacher ratio
11.0:1
District
Somerville

Walkability

Blended score for Somerville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

92
Highly walkable
out of 100
EPA National Walkability Index
17.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Somerville, from live MLS data.

On the market 139 days -- 38 more days than Somerville's current average of 101 days.
For reference, the median list price across 955 active listings in Somerville right now is $429,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$12,796/mo
$420,000 down
$1,680,000 loan
Principal & interest$10,896
Property tax (est.)$1,750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated October 4, 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.