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$12,000,000

  • For Sale
  • Active
  • Multi-Family
  • 26 Units
  • 46 Total Beds
  • 0.26 Acres
  • 3 Car Garage
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1039 Massachusetts Avenue, aka The University Building, offers 26 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of a six-story, elevatored building with a basement level. Originally built in 1920, the property has been exceptionally well-maintained by current ownership, with substantial capital invested in recent years, including significant improvements made to building systems, elevator modernization, roof replacement, and enhancements made to the building's entryway space and throughout all common areas. Apartment finish levels vary, with the property offering a mix of original, partially-renovated,and fully-renovated units, providing a desirable mix of proven-value add and organic rent upside remaining.

Full Property Details for 1039 Massachusetts Ave

General

  • Price: $12,000,000
  • Taxes: $67,374 (2026)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73485718
  • Updated: 3/15/2026
  • Added to Site: 23 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 26
  • Full Bathrooms: 26

Bedrooms

  • Total Bedrooms: 46

Parking

  • Garage: Yes
  • Garage Spaces: 3

Location

  • County: Middlesex

Structural Information

  • Stories/Levels: 6
  • Square Feet: 20,317
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.26

Financial Considerations

  • Tax Amount: $67,374
  • Tax Year: 2026

Disclosures and Reports

  • Property ID: 408683

Listed by CBRE, Inc, John McLaughlin and Biria St. John

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Listing agents

— 1039 Massachusetts Ave —

  • John McLaughlin

    CBRE, Inc

  • Biria St. John

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1039 Massachusetts Ave

School District:Cambridge School District
NameGradesDistance
Martin Luther King, Jr. School
102 Putnam Avenue, Cambridge, MA 02139
PK-50.2 mi
John M. Tobin Montessori School
359 Broadway, Cambridge, MA 02139
PK-50.4 mi
The Amigos School
15 Upton Street, Cambridge, MA 02139
PK-80.5 mi
Putnam Avenue Upper School
100 Putnam Avenue, Cambridge, MA 02139
6-80.2 mi
Cambridge Street Upper School
840 Cambridge Street, Cambridge, MA 02141
6-81.1 mi
Vassal Lane Upper School
158 Spring Street, Cambridge, MA 02141
6-81.3 mi
Cambridge Rindge and Latin School
459 Broadway, Cambridge, MA 02138
9-120.3 mi
Cambridgeport School
89 Elm Street, Cambridge, MA 02139
PK-50.7 mi
Maria L. Baldwin School
85 Oxford Street, Cambridge, MA 02138
PK-50.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1039 Massachusetts Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/11/2026
Listed
$12,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1039 Massachusetts Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$66,478
4%
$10,469,000
-3%
2024
$64,164
-4%
$10,838,500
-5%
2023
$66,704
10%
$11,382,900
11%
2022
$60,807
-3%
$10,271,400
-4%
2021
$62,606
10%
$10,701,900
8%
2020
$57,023
7%
$9,917,000
11%
2019
$53,070
6%
$8,934,400
12%
2018
$50,201
100%
$7,981,100
9%
2017
100%
$7,330,500
12%
2016
-100%
$6,545,100
17%
2015
$43,843
3%
$5,606,500
10%
2014
$42,698
—
$5,095,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1039 Massachusetts Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by CBRE, Inc, John McLaughlin and Biria St. John

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Listed by Lili Banani and Michael Harper

1039 Massachusetts Avenue, Cambridge, MA 02138 (MLS# 73485718) is a Multi-Family property with 26 units containing 46 bedrooms and 26 full bathrooms. 1039 Massachusetts Avenue is currently listed for $12,000,000 and was received on March 11, 2026. Want to learn more about 1039 Massachusetts Avenue? Do you have questions about finding other Multi-Family real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

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