237 Highland Ave Somerville — Photo 1 of 23
Recent Drop: $100,000
$2,100,000
237 Highland Ave, Somerville, MA 02143
Somerville, MA 02143
Beds
6
Baths
4.5
SqFt
6,020
Style
5-9 Family
Built
1900
Offered for sale, 237 Highland Avenue presents a rare mixed-use investment opportunity in Somerville's desirable Spring Hill neighborhood, conveniently located close to Davis Square and Porter Square. The property comprises 8,176 square feet (gross area) and includes two street-level commercial storefronts (currently occupied by a nail salon and tailor) along with four residential units consisting of two one-bedroom apartments, one studio apartment, and one four-bedroom apartment. All residential units are leased through August 2027, providing stable income. The property benefits from a strong rent roll and a highly accessible location with convenient access to Route 93, Boston, Cambridge, and public transportation. A compelling opportunity for investors seeking a well-located, income-producing asset in one of Somerville's most sought-after neighborhoods.
Key facts
It was listed on June 16, 2026. The price has come down from an original $2,475,000 to $2,100,000 across 2 changes, most recently on September 30, 2026. The annual property taxes are $28,451 (2026 tax year). It sits on a 0.08-acre (3,333 sq ft) lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access
Geography
Property History
$2,100,000
Was $2,200,000
Sep 30, 2026
MLS® 73536580
$2,200,000
Was $2,475,000
Aug 17, 2026
MLS® 73536580
$2,475,000
Jun 16, 2026
MLS® 73536580
$1,100,000
Jun 4, 2011
MLS® 70596291
$1,100,000
Jun 4, 2011
MLS® 70596254
$1,100,000
Jun 12, 2007
MLS® 70596291
$1,100,000
Jun 9, 2007
MLS® 70596254
Questions about this home
When was 237 Highland Ave, Somerville listed?
237 Highland Ave, Somerville was listed on June 16, 2026.
Has the price of 237 Highland Ave, Somerville changed?
The price has come down from an original $2,475,000 to $2,100,000 across 2 changes, most recently on September 30, 2026.
What are the property taxes for 237 Highland Ave, Somerville?
The annual property taxes for 237 Highland Ave, Somerville are $28,451 (2026 tax year).
How big is the lot at 237 Highland Ave, Somerville?
237 Highland Ave, Somerville sits on a 0.08-acre (3,333 sq ft) lot.
What is the status of 237 Highland Ave, Somerville?
237 Highland Ave, Somerville is actively listed for sale.
Population
25,513
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$131K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
69.0%
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: Shane Marrion
Listing Office: Benoit Real Estate Group ,LLC
MLS® Number: 73536580
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