47 Dane Street Somerville, MA ^$ 1,850,000

47 Dane Street

^$ 1,850,000

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Recently Listed

47 Dane Street

Somerville, MA, 02143

^$ 1,850,000

Bedrooms8 Baths6.0 Sq 3,304

Monthly Estimate*

^$ 11,391

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Multi-Family Home for sale in Somerville, MA

for $1,850,000 with 8 bedrooms and 6 full baths. This 3,304 square foot home was built in 1900 on a lot size of 0.06.

This renovated two-family is a prime investment opportunity close to Union Square (Green Line T), Inman Square and an easy commute by foot or bike to Harvard (Red Line T). It offers an outstanding opportunity for an investor seeking strong, stable rents with a current annual rent roll of $120,000 through July 2026. Both units offer private entry, stainless steel appliances, separate washer and dryer, as well as many updates - new roof (2025), new exterior siding (2025), floors, windows, trim, boilers, electric, sewer pipes, kitchens and baths, water lines, drywall (2017). Unit #1 - leased for $4,900/mo - 4 bedroom, 3 bath first and lower level unit with a private porch and deck. Unit #2 - leased for $5,100/mo - 4 bedroom, 3 bath upper duplex with a private balcony. Each unit has separate systems. Heating and electricity paid for by tenants. Three parking spaces. Capitalize on the underserved need for rental housing with a turn-key address in a dream location for investors.

Multi-Family Active

Price

^$ 1,850,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 16,057

Style

Multi Family

Lot Size

0.06

Year Built

1900

Town/City

Somerville

County/Region

Middlesex

MLS | Web ID

73481884

List By

Lauren Holleran Team

Listing Agent

Gibson Sotheby's International Realty

Broker

Affordability Calculator

$12,729

Per Month

Monthly Principal & Interest: $11,391
Monthly Property Taxes: $1,338
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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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Trends

Multi-family listings in Somerville, MA

Average List Price ^$2,407,300

Percent of Sale Price 30%

About Somerville, MA

81,036 Population

5% Since 2002

^$82,952 Median Income

36.55 Median Age

16% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
3/3/2026	$1,850,000		Listed Price

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47 Dane Street, Somerville, MA, 02143 is a Multi-Family Home for sale at $1,850,000 with 3,304 sqft and a lot size of 0.06. 47 Dane Street has 8 bedrooms, 6.0 baths, and was built in 1900. The property's zip code is 02143 which is in Somerville, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 3/6/2026.

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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47 Dane Street

Multi-Family Home for sale in Somerville, MA

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