$1,995,000

361 Washington St Somerville, MA 02143

$10,000
Closing credit¹
11 beds
4 full
3,700 sqft
0.09 acres
$539 / sqft
Multi-Family

Property details

About 361 Washington St

Prime investment opportunity in the heart of Somerville! This 3-family property offers roughly 3,700 sqft of living space across three spacious units, generating great rental income. Each unit features large living areas, in-unit dishwashers, and ample natural light, with a mix of 3-4 bedrooms per unit. Off-street parking and a paved driveway add convenience. Located near Porter Square, Harvard University, Whole Foods, and public transportation, this property is perfect for investors or owner-occupants. Additional highlights include separately metered electric, natural gas heating, vinyl siding, and a full basement with exterior access. Don’t miss this opportunity to own a high-income property in one of Somerville’s most desirable locations!

Highlights

Home typeMulti Family
StatusActive
Size3,700 sqft
BasementYes
Lot size0.09 Acres
Year built1900
ParkingPaved Drive, Off Street, On Street, Paved
MLS #73341064

Summary

  • MLS Number: 73341064
  • MLS Name: MLS Property Information Network
  • Office Name: Douglas Elliman Real Estate - The Sarkis Team
  • Office Phone: (781) 603-8702
  • Listing Agent: The Sarkis Team

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: 3/12/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

townhome / multi-family property with a porch and a fenced front yard

$1,995,000

361 Washington St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 18, 1994
Home Sold
$195,000

Tax history

YearAssessmentProperty Tax
2024$1,572,300$16,541
2023$1,562,700$16,158
2022$1,510,500$15,377
2021$1,447,900$14,754
2020$1,420,900$14,337
2019$1,227,800$13,211

History based on county public records data.

Nearby schools

7

Maria L. Baldwin

Public District PK-5

0.7 mi

85 Oxford St

8

Cambridgeport

Public District PK-5

0.7 mi

89 Elm St

4

King Open

Public District PK-5

0.8 mi

850 Cambridge 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 $104,286. Most Somerville, MA residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

13%
<35k
34%
35k-100k
44%
100k-200k
9%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
3%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
1%
12-17 yrs old
62%
18-34 yrs old
25%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • AudiAudi

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 361 Washington St in Somerville, MA and zip code 02143 in the Cobble Hill / Ward 2 neighborhood. This 3,700 square foot home, which was built in 1900, sits on a 0.09 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $1,995,000.

While more than 11 listings in Somerville, MA in February 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Somerville, MA increased by 3.8% between January and February 2025. In February 2025, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $1,110,000.

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

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