174 Walnut Street Somerville — Photo 1 of 26
$3,300,000
Investment Analysis — 174 Walnut Street
Somerville, MA 02145
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 2 vacant units, a 3-unit multi-family in 02145 carries an estimated $14,870/mo in gross rent — about a 3.63% cap rate and $119,848/yr in estimated NOI at the $3,300,000 list price. Adjust every assumption in the calculator below.
Beds
11
Baths
8
SqFt
5,921
Style
3 Family
Built
1900
Rare opportunity to own a newly renovated three-family investment property in a high-demand Somerville location. 174 Walnut Street offers approx. 5,921 total gross SF across three spacious residences: a massive duplex Unit 1 with approx. 3,044 SF, 6 effective bedrooms, 3 full baths, private deck access, and excellent rental flexibility; Unit 2 with approx. 1,532 SF, 3 bedrooms, 2 full baths, in-unit laundry, and a modern kitchen/living layout; and top-floor Unit 3 with approx. 1,345 SF, 2 bedrooms, 2 full baths, skylights, in-unit laundry, and efficient living/dining space. The property includes driveway/off-street parking, outdoor/exclusive-use areas, and strong access to Somerville amenities, transit, restaurants, shopping, and major employment centers. A compelling asset for investors or owner-occupants seeking scale, flexibility, and long-term upside.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Property History
$6,500
Sep 1, 2026
MLS® 73570776
$3,300,000
Jun 27, 2026
MLS® 73542693
$899,000
Jun 5, 2026
MLS® 73530913
$799,000
Jun 5, 2026
MLS® 73530915
Listing Agent: Kirsten Mceleney
Listing Office: KM Real Estate Group
MLS® Number: 73542693