39-41 Gilman Somerville, MA ^$ 2,950,000

39-41 Gilman

^$ 2,950,000

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39-41 Gilman

Somerville, MA, 02145

^$ 2,950,000

Bedrooms16 Baths8.0 Sq 4,724

Monthly Estimate*

^$ 18,404

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Multi-Family Home for sale in Somerville, MA

for $2,950,000 with 16 bedrooms and 8 full baths. This 4,724 square foot home was built in 1900 on a lot size of 0.23.

Don't miss this exceptional chance to own a fully renovated 4-unit multifamily building in the heart of East Somerville! Each spacious unit offers 4 bedrooms and 2 full bathrooms, with 2 units featuring an office/den space as well. This building has been thoughtfully updated with modern finishes and layouts ideal for both renters and owner-occupants. With room for 4 off-street parking spots, this property offers a rare convenience in this vibrant urban neighborhood. Situated just minutes from the new Green Line Extension, Assembly Row, restaurants, shops, and major commuter routes, this location is a high-demand rental market with strong income potential.Whether you're an investor looking to add a turn-key property to your portfolio or a buyer seeking long-term appreciation in one of Somerville’s fastest-growing areas, this building delivers.

Multi-Family Active

Price

^$ 2,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 29,000

Style

4 Family - 4 Units Up/Down

Lot Size

0.23

Year Built

1900

Town/City

Somerville

County/Region

Middlesex

MLS | Web ID

73410300

List By

Alexander Jafry

Listing Agent

Sterling Beacon Hill

Broker

Affordability Calculator

$20,821

Per Month

Monthly Principal & Interest: $18,404
Monthly Property Taxes: $2,417
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Somerville, MA

Average List Price ^$2,458,325

Percent of Sale Price 17%

About Somerville, MA

81,036 Population

5% Since 2002

^$82,952 Median Income

36.55 Median Age

16% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
9/8/2025	$2,950,000	-7.52%	Price Down
7/28/2025	$3,190,000		Listed Price

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39-41 Gilman, Somerville, MA, 02145 is a Multi-Family Home for sale at $2,950,000 with 4,724 sqft and a lot size of 0.23. 39-41 Gilman has 16 bedrooms, 8.0 baths, and was built in 1900. The property's zip code is 02145 which is in Somerville, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 12/15/2025.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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39-41 Gilman

Multi-Family Home for sale in Somerville, MA

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