$10,000 Closing Credit¹
#73328242, Patrick Barrett, Listing Office: CSQ Realty, LLC
$10,000
closing credit¹
385 Washington St Cambridge, MA 02139
$1,425,000 List price
$10,000
Closing credit¹
5 beds
3 full
3,056 sqft
0.08 acres
$466 / sqft
Multi-Family
Property details
About 385 Washington St
Prime Cambridge Investment Opportunity! Developers, investors, and contractors—this is your chance to capitalize on a rare find in one of Cambridge’s most sought-after locations - The Port. Currently configured as a two-family, this property has been historically assessed as a three-family, offering incredible potential for redevelopment, condo conversion, or rental income. Perfectly situated between Central and Kendall Square T stations, with easy access to Harvard University and MIT, this property is an unbeatable investment. Featuring two tandem off-street parking spots, it provides a key convenience in this high-demand neighborhood. Whether you’re looking to restore, renovate, or reimagine, the possibilities here are endless. Property will be delivered vacant at closing and sold as-is. Don’t miss out on this exceptional opportunity to make your mark in Cambridge!
Highlights
Home typeMulti Family
StatusActive
(New)
(New)
Size3,056 sqft
BasementYes
Lot size0.08 Acres
Year built1873
ParkingPaved Drive, Off Street, Tandem
MLS #73331374
Summary
- MLS Number: 73331374
- MLS Name: MLS Property Information Network
- Office Name: Keller Williams Realty Boston Northwest
- Office Phone: (617) 497-8900
- Listing Agent: Erik Williams
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: 2/4/2025, 11:55:49 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
$1,425,000
385 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
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,613,800 | $9,554 |
| 2023 | $1,514,700 | $8,876 |
| 2022 | $1,463,000 | $8,661 |
| 2021 | $1,406,000 | $8,225 |
| 2020 | $1,380,400 | $7,937 |
| 2019 | $1,257,000 | $7,467 |
History based on county public records data.
Nearby schools
6
Fletcher/Maynard Academy
Public District PK-5
0.2 mi
•225 Windsor St
8
Cambridgeport
Public District PK-5
0.3 mi
•89 Elm St
4
King Open
Public District PK-5
0.6 mi
•850 Cambridge 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 $59,877. Typical income of Cambridge, MA residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
41%
<35k
30%
35k-100k
21%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
72%
Single, No Kids
6%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
4%
12-17 yrs old
55%
18-34 yrs old
28%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Art Museums
Hiking/backpacking
Where do the neighbors shop?
H&M
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Audi
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
News- Alternative
All data provided by Home Junction and Claritas
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This home is located at 385 Washington St in Cambridge, MA and zip code 02139 in the Central Square neighborhood. This 3,056 square foot home, which was built in 1873, sits on a 0.08 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 1, 2025 and is currently priced at $1,425,000.
In January 2025 more than 13 listings in Cambridge, MA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Cambridge, MA increased by 9% between December and January 2025. The median list price of listings available in January 2025 was $1,169,600, while the average time on the real estate market was 57 days.
From Rocket Homes Real Estate and based on county public records data.