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$2,220,000
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Property Description
Exceptional investment opportunity at 343 Harvard Ave in Cambridge. This well-maintained 5-unit property features 4 one-bedroom units and 1 two-bedroom unit, generating high in-place income with significant upside potential. Four of the five leases expire this year and are currently below market value, offering investors a rare chance to increase rents and dramatically improve cash flow and cap rate. With approximately $13,500/month in current rental income and low annual expenses, this asset is ideal for both seasoned investors and 1031 exchange buyers. Includes 2 off-street parking spaces. Located in a prime, high-demand area near Harvard Square, this property benefits from consistent tenant demand, long-term appreciation, and unbeatable access to universities, public transportation, and local amenities.
Full Property Details
Full Property Details for 343 Harvard St
General
- Sold For: $2,220,000
- Taxes: $13,621 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MLSPin
- MLS ID: 73500252
- Added to Site: 95 day(s) ago
Interior
- Number of Rooms: 20
- Fireplace: Yes
- Number of Fireplaces: 2
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Main - Full Baths: 5
Bedrooms
- Total Bedrooms: 7
Parking
- Total Spaces: 2
Location
- Area: Harvard Square
- County: Middlesex
- Driving Directions: Harvard Sq.
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Basement: Yes
- Basement Desc.: Partial
- Stories/Levels: 5
- Square Feet: 4,294
- Sq. Ft. Source: Public Records
- Living Area: 4,294 Sq. Ft.
- Year Built: 1855
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: .08
- Lot Features: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $517
- Tax Amount: $13,621
- Tax Year: 2025
Disclosures and Reports
- Disclosures/Rstr.: Buyer and buyer's agent do their own due diligence. The Building is on the left side. The building on the right is NOT for sale.
- Property ID: M:00135 L:00068, 409038
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Schools
Schools serving 343 Harvard St
School District:Cambridge School District
| Name | Grades | Distance |
|---|---|---|
John M. Tobin Montessori School 359 Broadway, Cambridge, MA 02139 | PK-5 | 0.3 mi |
Martin Luther King, Jr. School 102 Putnam Avenue, Cambridge, MA 02139 | PK-5 | 0.3 mi |
Cambridgeport School 89 Elm Street, Cambridge, MA 02139 | PK-5 | 0.6 mi |
Putnam Avenue Upper School 100 Putnam Avenue, Cambridge, MA 02139 | 6-8 | 0.3 mi |
Cambridge Street Upper School 840 Cambridge Street, Cambridge, MA 02141 | 6-8 | 0.9 mi |
Vassal Lane Upper School 158 Spring Street, Cambridge, MA 02141 | 6-8 | 1.2 mi |
Cambridge Rindge and Latin School 459 Broadway, Cambridge, MA 02138 | 9-12 | 0.2 mi |
The Amigos School 15 Upton Street, Cambridge, MA 02139 | PK-8 | 0.6 mi |
Fletcher/Maynard Academy 225 Windsor Street, Cambridge, MA 02139 | PK-5 | 0.8 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 343 Harvard St
Date
Details
Price
Change
Source
7/13/2026
Sold
$2,220,000
-4.52%
MLS
5/24/2026
Price Reduced
$2,325,000
-1.06%
MLS
5/18/2026
Price Reduced
$2,350,000
-1.05%
MLS
5/11/2026
Price Reduced
$2,375,000
-4.04%
MLS
5/03/2026
Price Reduced
$2,475,000
-1%
MLS
4/12/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
343 Harvard St, Cambridge, MA 02139 (MLS# 73500252) is a Multi-Family property that was sold at $2,220,000 on July 13, 2026. This property was listed by Brian Gagnon from our Boston-Back Bay Office.Want to learn more about 343 Harvard St? 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.


