Backup offers
#73381138, Ayse Gurdal, Listing office: Coldwell Banker Realty - Cambridge
$1,175,000 List price
281 Alewife Brook Pkwy Somerville, MA 02144
5 beds
2 full
2,350 sqft
0.1 acres
$500 / sqft
Multi-Family
Property details
About 281 Alewife Brook Pkwy
Directly across from Dilboy Field and close to Tufts and Teele Square, this well-maintained 2-family is a prime investment opportunity with strong rental income in place. Set on a dead-end cul-de-sac and tucked off the main street across from a newly added park, the first-floor 2-bed, 1-bath unit is leased through August 2026; the upper 3-bed, 1-bath unit with private porch is leased through August 2025. Both units offer hardwood floors, separate living and dining rooms, and period charm including built-in china cabinets. A fenced backyard and off-street parking for 3+ cars add value and appeal. With stable tenants and a desirable location near transit, parks, and universities, this property is a smart addition to any portfolio. Seller welcomes offers with requests for buyer concessions.
Highlights
Home typeMulti Family
HeatingHot Water, Steam
StatusActive
Size2,350 sqft
BasementYes
Lot size0.11 Acres
Year built1920
ParkingOff Street
MLS #73389240
Summary
- Full Bathrooms: 2
- Basement: Yes
- Interior: Living Room, Dining Room, Kitchen, Sunroom
- Total Bedroom Count: 5
- Parking: Off Street
- Heating: Hot Water, Steam
- List Price: $1,175,000
- Price/SqFt: $500
- Annual Tax Amount: $10,564
- Tax Year: 2024
- Lot: Sloped
- Directions: Off Powder House Blvd
- Year Built: 1920
- Stories: 2
- Living Area: 2,350 SqFt
- Lot Size: 0.11 Acres
- MLS Number: 73389240
- MLS Name: MLS Property Information Network
- Office Name: Gibson Sotheby's International Realty
- Office Phone: (617) 945-9161
- Listing Agent: Max Dublin Team
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: 8/4/2025, 11:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 03, 2012 | Home Sold | $460,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,004,200 | $10,564 |
| 2023 | $997,600 | $10,315 |
| 2022 | $935,500 | $9,523 |
| 2021 | $911,300 | $9,286 |
| 2020 | $905,100 | $9,132 |
| 2019 | $798,200 | $8,589 |
History based on county public records data.
Nearby schools
8
Thompson
Public District KG-5
0.5 mi
•187 Everett St
7
Hardy
Public District KG-5
0.8 mi
•52 Lake St
7
Brooks Elementary School
Public District PK-5
0.9 mi
•388 High St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,332. Typical income of Somerville, MA residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
42%
<35k
51%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
26%
Single, with Kids
11%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
34%
18-34 yrs old
31%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 281 Alewife Brook Pkwy
The listing price of 281 Alewife Brook Pkwy property is $1,175,000.
The property 281 Alewife Brook Pkwy is a multi located in Somerville, Massachusetts, 02144.
Active Listing: 281 Alewife Brook Pkwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 281 Alewife Brook Pkwy are: Thompson (GreatSchools Rating 8/10), Hardy (GreatSchools Rating 7/10), Brooks Elementary School (GreatSchools Rating 7/10), West Somerville Neighborhood (GreatSchools Rating 5/10), Gibbs School (GreatSchools Rating 6/10), Rindge Avenue Upper School (GreatSchools Rating 7/10), Medford High School (GreatSchools Rating 4/10), Arlington High School (GreatSchools Rating 8/10), Belmont High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $10,564 (source: MLS/based on county public records data).
The last sale was on May 3, 2012 for $460,000 (source: MLS/tax record).
The property 281 Alewife Brook Pkwy is 2,350 SqFt (source: MLS/tax record).
The year of construction for 281 Alewife Brook Pkwy is 1920.
This home is located at 281 Alewife Brook Pkwy in Somerville, MA and zip code 02144 in the West Somerville neighborhood. This 2,350 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $1,175,000.
In July 2025, from all listings sold in Somerville, MA there were more than 29 sold above asking price, over 26 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Somerville, MA increased by 0.8% between June and July 2025. While the average time on the market in July 2025 was 30 days, the median list price was $1,109,000.
From Rocket Homes Real Estate and based on county public records data.