$2,295,000

131 Erie St Cambridge, MA 02139

$10,000
Closing credit¹
8 beds
3 full
3,087 sqft
0.04 acres
$743 / sqft
Multi-Family

Property details

About 131 Erie St

Exceptional 3-family on a beautiful tree-lined street in sought-after Cambridgeport. This income-producing property is equidistant to Harvard, Central, MIT, and BU, and just steps to the Charles River, public transportation, shops, and restaurants. Perfect for condo conversion, multi-generational living, or an investor’s dream—live in one unit and rent the others! First floor is a 2-bed, while the second and third floors each have 3 bedrooms. The third-floor former owner’s unit features central air and in-unit laundry. Each apartment has one bathroom. Floorplans are under the paperclip. The property is separately metered and has been well-maintained. Potential to expand into the massive, unfinished basement for added square footage or build up—potential for roof deck! With all units currently leased, this rare opportunity offers immediate income and future potential. A true gem in one of Cambridge’s most dynamic neighborhoods. Don’t miss this chance to own in an unbeatable location!

Highlights

Home typeMulti Family
HeatingBaseboard, Forced Air
StatusActive
(New)
CoolingCentral Air
Size3,087 sqft
BasementYes
Lot size0.04 Acres
Year built1903
ParkingOn Street
MLS #73363766

Summary

  • MLS Number: 73363766
  • MLS Name: MLS Property Information Network
  • Office Name: RE/MAX Real Estate Center
  • Office Phone: (617) 576-3800
  • Listing Agent: David Lilley

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space featuring entry steps

$2,295,000

131 Erie St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,588,700$9,405
2023$1,507,500$8,834
2022$1,457,500$8,628
2021$1,387,700$8,118
2020$1,328,800$7,641
2019$1,184,000$7,033

History based on county public records data.

Nearby schools

7

Morse

Public District PK-5

0.4 mi

40 Granite St

8

Martin Luther King Jr.

Public District PK-5

0.6 mi

102 Putnam Ave

6

Fletcher/Maynard Academy

Public District PK-5

0.7 mi

225 Windsor St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $58,814. Typical income of Cambridge, MA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
51%
35k-100k
14%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

65%
Single, No Kids
10%
Single, with Kids
14%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
2%
12-17 yrs old
71%
18-34 yrs old
17%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 131 Erie St in Cambridge, MA and zip code 02139 in the Cambridgeport neighborhood. This 3,087 square foot home, which was built in 1903, sits on a 0.04 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2025 and is currently priced at $2,295,000.

Over 16 listings were sold over their listed price in March 2025 in Cambridge, MA. In the same period over 16 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Cambridge, MA between February and March 2025 increased by 38.6%. In March 2025 median list price was $1,194,375 and the average listing age was 40 days.

From Rocket Homes Real Estate and based on county public records data.

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