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Investing in Somerville Multi-Family Homes

A live snapshot of the Somerville, MA multi-family market — 68 active listings.

Active listings68
Median price$1,562,500
Median cap rate4.1%
Avg deal score74.0
Median $/unit$594,000
Price range$849,000$16,950,000

Somerville is one of Greater Boston's active multi-family markets, with 68 income properties currently for sale at a median price of $1,562,500 and a median estimated cap rate around 4.1%. Whether you're buying your first two- or three-family or expanding a portfolio, the listings below are each scored for investment potential so you can compare deals at a glance.

Top Somerville multi-families

View all 68
142 Cross St, Somerville MA 02145
99
$849,900
142 Cross St, Somerville MA 02145
3 units 10 bd7 ba5,735 sqft
Cap rate8.5%
Deal score99
$/unit$283,300
15 Kenneson Rd, Somerville MA 02145
99
$1,200,000
15 Kenneson Rd, Somerville MA 02145
4 units 6 bd4 ba2,364 sqft
Cap rate8.1%
Deal score99
$/unit$300,000
3 Lee Street, Somerville MA 02145
99
$1,850,000
3 Lee Street, Somerville MA 02145
6 units 6 bd6 ba3,425 sqft
Cap rate7.8%
Deal score99
$/unit$308,333
148 Pearl, Somerville MA 02145
94
$1,599,000
148 Pearl, Somerville MA 02145
4 units 9 bd4 ba3,115 sqft
Cap rate6.0%
Deal score94
$/unit$399,750
8 Everett St, Somerville MA 02143
94
$2,400,000
8 Everett St, Somerville MA 02143
6 units 19 bd6 ba6,755 sqft
Cap rate6.0%
Deal score94
$/unit$400,000
67 Bonair St, Somerville MA 02145
92
$2,100,000
67 Bonair St, Somerville MA 02145
5 units 7 bd8 ba3,072 sqft
Cap rate5.8%
Deal score92
$/unit$420,000
8 Parker Pl, Somerville MA 02143
92
$849,000
8 Parker Pl, Somerville MA 02143
2 units 4 bd2 ba2,153 sqft
Cap rate5.7%
Deal score92
$/unit$424,500
20 Autumn St, Somerville MA 02145
92
$1,699,000
20 Autumn St, Somerville MA 02145
4 units 11 bd6 ba3,540 sqft
Cap rate5.7%
Deal score92
$/unit$424,750
6 Bedford St Units 1f,3r&3f, Somerville MA 02143
90
$1,350,000
6 Bedford St Units 1f,3r&3f, Somerville MA 02143
3 units 5 bd3 ba1,462 sqft
Cap rate5.4%
Deal score90
$/unit$450,000

Prices in Somerville currently run from $849,000 to $16,950,000, or about $594,000 per unit at the median. Multi-family inventory moves quickly when the numbers work, so save a search to get alerted the moment a new Somerville deal hits the market — or open any listing and run your own numbers in the property analyzer.

Somerville multi-family — questions & answers

How many multi-family homes are for sale in Somerville?

There are currently 68 active multi-family listings in Somerville, MA.

What is the median multi-family home price in Somerville?

The median list price is about $1,562,500, or roughly $594,000 per unit.

What cap rate do multi-families in Somerville offer?

The median estimated cap rate is about 4.1% (based on area median rents; directional only).