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INVESTMENT SNAPSHOT
About this property
Located in Somerville’s desirable Spring Hill neighborhood, this property offers strong urban living and investment potential. Ideally situated between Porter and Davis Squares with a 91 Walk Score, it provides convenient access to the MBTA Red Line, Commuter Rail, local shops, dining, and nearby universities including Harvard, Lesley, and Tufts. The home features generous layouts, high ceilings, original hardwood floors, and abundant natural light throughout. Outdoor amenities include multiple private decks and a shared yard, offering flexible options for relaxation or entertaining. Well-maintained and move-in ready, the property also presents value add potential for investors seeking to enhance equity and rental income. Classic three deck configuration with a functional layout well suited for both owner occupants and investment use. Q1 2026 market data indicates strong upward pressure on rental rates in the 02143 zip code, reinforcing capitalization rate potential.
Property details
| Units | 3 |
| Living area | 4,110 sqft |
| Lot size | 3,948 sqft |
| Year built | 1900 |
| Price / sqft | $583 |
| County | Middlesex |
| MLS # | 73513094 |
Listing status
| Days on market | 6 days |
| Listed on | May 5, 2026 |
Taxes & financials
| Annual property tax | $24,365 |
| Tax year | 2026 |
| Assessed value | $2,233,300 |
| Zoning | NR |
| Gross income (actual) | $136,893/yr |
| Net operating income (actual) | $112,804/yr |
| Total actual rent | $11,325/mo |
Building & lot
| Stories | 4 |
| Total rooms | 20 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Off Street |
| Basement | Unfinished |
| Foundation | Brick/Mortar |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
Location
More about investing in Somerville →
Listing courtesy of eXp Realty LLC - Corporate Office — Montivista Real Estate Group. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 49 Porter Street, Somerville MA 02143 have?
It is a 3-unit multi-family property with 4,110 sqft of living area, built in 1900.
How long has 49 Porter Street, Somerville MA 02143 been on the market?
49 Porter Street, Somerville MA 02143 has been listed for 6 days (since May 5, 2026).
What is the estimated cap rate on this 3-family in Somerville?
Based on area median rents, the estimated cap rate is about 3.0%, with a Signal Score of 60/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,396,000 across 3 units, that works out to roughly $798,667 per unit.
What are the property taxes on 49 Porter Street, Somerville MA 02143?
Annual property taxes are $24,365 (2026), on an assessed value of $2,233,300.
What is the price per square foot?
At $2,396,000 for 4,110 sqft, that's about $583 per square foot.
Is there parking?
2 total parking spaces (off street).
Where is this property located?
49 Porter Street, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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