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Multi-family home at 237 Highland Ave, Somerville — photo 11 / 23

$2,475,000

Active

237 Highland Ave

Somerville, MA 02143

6,020Sq Ft
$411$/Sq Ft
3,333 sqftLot
1900Built
23Days on Market

Listed by Shane Marrion at Benoit Real Estate Group ,LLC

Listing courtesy of Shane Marrion, Benoit Real Estate Group ,LLC

Location

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About This Property

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. Group showings and OH Only. Thurs June 18: 12-1pm, Fri June 19: 12-1pm, OH Sat June 20: 12-1:30pm, Sun June 21: 12-1:30pm.

Property Details

Key Facts

Property Type

Multi Family

Year Built

1900

Living Area

6,020 sqft

Lot Size

3,333 sqft

Construction

Basement

Full Basement

Financial

Taxes (2026)

$12,575/yr

Price / Sqft

$411/sqft

MLS #

73536580

Days on Market

23

Price History

Listed

Jun 16, 2026

$2,475,000

No price changes recorded.

Explore the Neighborhood

Schools Nearby

Somerville Public Schools

11 schools · 11:1 student-teacher ratio

A-6/10

Elementary Schools

John F. Kennedy School (PK-8)6/10
Dr. Albert F. Argenziano School at Lincoln Park (PK-8)5/10
Arthur D. Healey School (PK-8)5/10

High Schools

Somerville High School (9-12)6/10
14 Career and Technical Education (CTE) programs at SHSCTE pathways: Advanced Manufacturing, Automotive, Cosmetology, Culinary, Dental, Electrical, HVAC, Plumbing, and moreCollege articulation agreements for CTE studentsBrand-new state-of-the-art high school facility

Ratings from GreatSchools & Niche

Full school details →
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Listing Courtesy Of

Shane Marrion · Benoit Real Estate Group ,LLC
(617) 764-5590

MLS #73536580

Listing information provided by MLS Property Information Network, Inc. (MLS PIN). Data last updated July 8, 2026. Information deemed reliable but not guaranteed. © 2026 Steinmetz Real Estate Professionals at William Raveis Real Estate. Equal Housing Opportunity.

Home Value