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$2,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 9 Total Beds
  • 0.05 Acres
  • Updated 4 hours ago
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Rare opportunity to acquire a meticulously maintained three-family residence at 49-51 Putnam Ave in Cambridge. Each thoughtfully updated 3-bedroom, 2-bath unit offers modern finishes, functional layouts, and strong tenant appeal. The building is in outstanding condition, with updated systems, a full basement for storage, and a well-kept exterior. Ideally located just moments from the Charles River, Harvard Square, the Harvard & Central Sq. T stations, and Harvard University, this prime setting ensures exceptional convenience and enduring rental demand. Currently generating excellent rental income, the property delivers immediate cash flow with long-term appreciation potential in one of Cambridge's most desirable neighborhoods.

Full Property Details for 49-51 Putnam Ave

General

  • Price: $2,995,000
  • Taxes: $12,389 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73481478
  • Updated: Today (3/2/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Parking

  • Parking Features: On Street

Location

  • County: Middlesex

Structural Information

  • Basement: Yes
  • Stories/Levels: 3
  • Square Feet: 3,213
  • Year Built: 1903

Lot Features

  • Lot Size (Acres): 0.05

Financial Considerations

  • Tax Amount: $12,389
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Gross expenses include taxes and an estimate of insurance and misc expenses
  • Property ID: M:00131 L:00060, 408417

Listed by Gibson Sotheby's International Realty, Max Dublin Team and Max Dublin

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Listing agents

— 49-51 Putnam Ave —

  • Max Dublin Team

    Gibson Sotheby's International Realty

  • Max Dublin

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 49-51 Putnam Ave

School District:Cambridge School District
NameGradesDistance
Martin Luther King, Jr. School
102 Putnam Avenue, Cambridge, MA 02139
PK-50.1 mi
John M. Tobin Montessori School
359 Broadway, Cambridge, MA 02139
PK-50.5 mi
The Amigos School
15 Upton Street, Cambridge, MA 02139
PK-80.5 mi
Putnam Avenue Upper School
100 Putnam Avenue, Cambridge, MA 02139
6-80.1 mi
Cambridge Street Upper School
840 Cambridge Street, Cambridge, MA 02141
6-81.2 mi
Vassal Lane Upper School
158 Spring Street, Cambridge, MA 02141
6-81.4 mi
Cambridge Rindge and Latin School
459 Broadway, Cambridge, MA 02138
9-120.4 mi
Cambridgeport School
89 Elm Street, Cambridge, MA 02139
PK-50.8 mi
Morse School
40 Granite Street, Cambridge, MA 02139
PK-50.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 49-51 Putnam Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/02/2026
Listed
$2,995,000
—
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 49-51 Putnam Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,389
6%
$1,951,000
-1%
2024
$11,643
6%
$1,966,700
5%
2023
$10,952
5%
$1,868,900
6%
2022
$10,467
4%
$1,768,100
3%
2021
$10,044
4%
$1,716,900
2%
2020
$9,689
7%
$1,685,100
11%
2019
$9,057
7%
$1,524,700
13%
2018
$8,486
2%
$1,349,200
5%
2017
$8,333
8%
$1,284,000
16%
2016
$7,723
2%
$1,104,800
15%
2015
$7,536
—
$963,700
7%
2014
$7,557
—
$901,800
—
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 49-51 Putnam 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 Gibson Sotheby's International Realty, Max Dublin Team and Max Dublin

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49-51 Putnam Ave, Cambridge, MA 02139 (MLS# 73481478) is a Multi-Family property with 3 units containing 9 bedrooms and 6 full bathrooms. 49-51 Putnam Ave is currently listed for $2,995,000 and was received on March 02, 2026. Want to learn more about 49-51 Putnam Ave? 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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