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INVESTMENT SNAPSHOT
About this property
Tucked away on a private, dead end street, yet under a ½ mile to Porter, 8 Parker Place is an outstanding opportunity in a coveted location. A truly flexible structure, the layout works excellently as a two family home and could also convert seamlessly into a single family dwelling. It makes the most of its southwest exposure with ample large windows and high ceilings. A detailed original staircase greets you on first entry and there is much original millwork throughout the home. The side and backyards are ripe with possibility and have many mature plantings, including fruit trees and many flowering perennials. By tradition, the house has the use of two parking spaces on Parker Place.
Property details
| Units | 2 |
| Living area | 2,153 sqft |
| Lot size | 2,450 sqft |
| Year built | 1896 |
| Price / sqft | $394 |
| County | Middlesex |
| MLS # | 73529764 |
Listing status
| Days on market | 4 days |
| Listed on | June 3, 2026 |
Taxes & financials
| Annual property tax | $10,101 |
| Tax year | 2026 |
| Assessed value | $919,900 |
| Zoning | NR |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.06 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Basement | Full, Unfinished |
| Foundation | Stone, Brick/Mortar |
| Roof | Slate |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Somerville →
Listing courtesy of Compass — Jonathan Mitchell. 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 8 Parker Pl, Somerville MA 02143 have?
It is a 2-unit multi-family property with 2,153 sqft of living area, built in 1896.
How long has 8 Parker Pl, Somerville MA 02143 been on the market?
8 Parker Pl, Somerville MA 02143 has been listed for 4 days (since June 3, 2026).
What is the estimated cap rate on this 2-family in Somerville?
Based on area median rents, the estimated cap rate is about 5.7%, with a Signal Score of 92/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $849,000 across 2 units, that works out to roughly $424,500 per unit.
What are the property taxes on 8 Parker Pl, Somerville MA 02143?
Annual property taxes are $10,101 (2026), on an assessed value of $919,900.
What is the price per square foot?
At $849,000 for 2,153 sqft, that's about $394 per square foot.
Is there parking?
2 total parking spaces.
Where is this property located?
8 Parker Pl, Somerville MA 02143 is in Somerville, Middlesex County, MA 02143.
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