3 Family - 3 Units Up/Down at 81 Wheatland St, Somerville
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$2,395,000

Bedrooms
9
Bathrooms
6
Living area
3,426 sqft
Year built
1920
81 Wheatland St
Somerville, MA 02145
Listed by Compass

Highlights

Property type
3 Family - 3 Units Up/Down
Lot size
0.09 acres
On market
2 days
  • View

About this home

This is a rare chance for investors to acquire a fully renovated multi-family in the heart of Somerville. Whether you’re building a rental portfolio or planning a condo conversion, 81 Wheatland St. is ready to go! CONDO CONVERSION APPROVED by the city and transferable to buyer. Each unit is an identical 3-bedroom, 2-bath layout with its own private deck. The building was taken down to the studs, and everything is brand new: rubber roof, plumbing, 400A electric, HVAC, vinyl siding, windows, hardwood floors, tiled bathrooms with heated floors, stunning high-end kitchens, spacious closets and more. The building is also fully sprinkled and intercommed, and it comes with a 1-year builder’s warranty. There are 4 off-street parking spaces and a full basement for storage.You’re moments from Broadway’s shops and restaurants, Foss Park, the Green Line Extension, Assembly Row, Union Square and I-93.Turnkey, identical units make this an easy condo conversion or an income property ready to lease. Don’t miss it!

Property details

MLS
MLS Property Information Network
MLS #
73598171
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
2
On market date
November 3, 2026
Stories
3
Total bathrooms
6
Garage spaces
N/A
Parking spaces
4
Lot size
0.09 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
Arthur D Healey
0.48 mi away · Grades -1-8
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
457
Student:teacher ratio
11.1:1
District
Somerville
Middle
Next Wave Junior High
0.39 mi away · Grades 7-8
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
18
Student:teacher ratio
9.0:1
District
Somerville
High
Full Circle High School
0.39 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
52
Student:teacher ratio
5.8:1
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).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 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 2 days -- 99 fewer 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
$14,573/mo
$479,000 down
$1,916,000 loan
Principal & interest$12,427
Property tax (est.)$1,996
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 1 days ago.

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.