159 Pearl Street Somerville — Photo 1 of 42
Recent Drop: $75,000
$1,875,000
159 Pearl Street, Somerville, MA 02145
Somerville, MA 02145 — East Somerville
Beds
15
Baths
6.5
SqFt
7,500
Style
4 Family
Built
1900
OPEN HOUSE SUNDAY October 4th 12-1:30 RARE EAST SOMERVILLE INVESTMENT OPPORTUNITY! Two separate two-family homes on one lot, offering four total units and tremendous potential. The front home is completely vacant, and the rear home can be delivered vacant at closing, giving the new owner exceptional flexibility. An outstanding opportunity for investors, developers, owner-occupants, or a potential condo conversion, subject to buyer due diligence and all necessary approvals. Two separate driveways provide valuable off-street parking. Located at 159 Pearl Street in highly walkable East Somerville, close to the Green Line, Orange Line, Assembly Row, neighborhood restaurants, shopping, grocery stores, and everything Somerville has to offer, with convenient access to Boston and surrounding areas. A unique opportunity to renovate, reposition, and maximize the potential of four units in one of Greater Boston’s most desirable and sought-after locations.
Key facts
It was listed on May 8, 2026. The price has come down from an original $1,999,900 to $1,875,000 across 6 changes, most recently on October 1, 2026. The annual property taxes are $19,800 (2025 tax year). It sits on a 0.19-acre (8,190 sq ft) lot.
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Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Somerville, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator • Microwave
Neighborhood
Public Transportation • Shopping • Medical Facility • House of Worship • T-Station • Sidewalks
Geography
Property History
$1,875,000
Was $1,950,000
Oct 1, 2026
MLS® 73515418
$1,950,000
Was $1,974,900
Sep 29, 2026
MLS® 73515418
$1,974,900
Was $1,999,900
Jul 8, 2026
MLS® 73515418
$1,999,900
Was $1,974,900
Jul 8, 2026
MLS® 73515418
$1,974,900
Was $19,749,000
Jul 8, 2026
MLS® 73515418
$19,749,000
Was $1,999,900
Jul 8, 2026
MLS® 73515418
$1,999,900
May 8, 2026
MLS® 73515418
Questions about this home
When was 159 Pearl Street, Somerville listed?
159 Pearl Street, Somerville was listed on May 8, 2026.
Has the price of 159 Pearl Street, Somerville changed?
The price has come down from an original $1,999,900 to $1,875,000 across 6 changes, most recently on October 1, 2026.
What are the property taxes for 159 Pearl Street, Somerville?
The annual property taxes for 159 Pearl Street, Somerville are $19,800 (2025 tax year).
How big is the lot at 159 Pearl Street, Somerville?
159 Pearl Street, Somerville sits on a 0.19-acre (8,190 sq ft) lot.
What is the status of 159 Pearl Street, Somerville?
159 Pearl Street, Somerville is actively listed for sale.
Population
27,495
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$124K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
64.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Kevin Fernandes
Listing Office: Century 21 Realty Network
MLS® Number: 73515418
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