57 Cedar St, Cambridge, MA 02140 - Photo 1

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$4,500,000 Just Listed

For Sale
Active
Land Residential
0.21 Acres
Updated 1 day ago

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Property Description

57 Cedar Street in Cambridge, MA is a three-story building currently contains six (6) 1-Bedroom/1-Bathroom units with 3,939 square feet of gross living area in 5,704 square feet of gross area. The Property is situated upon a 0.21-acre parcel (9,131 square feet) and features twenty (20) off-street parking spaces comprised of ten (10) off street spaces and ten (10) garage stalls. The opportunity exists to take advantage of the new Cambridge zoning laws and develop the current asset into a larger development by adding more units. As shown in conceptual renderings, investors and developers can pursue multiple value-add pathways, including the addition of new residential units at the rear of the existing structure or a potential full site redevelopment into a high-density multifamily asset that maximizes the site's allowable envelope. It's situated ½ mile to both Porter and Davis Square and less than a mile from Alewife and Alewife Station.

Full Property Details

Full Property Details for 57 Cedar St

General

Price: $4,500,000
Taxes: $17,159 (2025)
Status: Active
Type: Land Residential
MLS ID: 73492980
Updated: 3/31/2026
Added to Site: 5 day(s) ago

Location

County: Middlesex

Lot Features

Lot Size (Acres): 0.21

Financial Considerations

Tax Amount: $17,159
Tax Year: 2025

Disclosures and Reports

Property ID: M:00192 L:00012, 413558

Listed by Horvath & Tremblay, Kelleher - Pentore Team and Dennis Kelleher

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Listing agents

— 57 Cedar St —

Kelleher - Pentore Team

Horvath & Tremblay
Dennis Kelleher

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Schools

Schools serving 57 Cedar St

School District:Cambridge School District

Name	Grades	Distance
Peabody School 70 Rindge Avenue, Cambridge, MA 02140	PK-5	0.2 mi
Maria L. Baldwin School 85 Oxford Street, Cambridge, MA 02138	PK-5	1.1 mi
Haggerty School 110 Cushing Street, Cambridge, MA 02138	PK-5	1.6 mi
Rindge Avenue Upper School 70 Rindge Avenue, Cambridge, MA 02140	6-8	0.2 mi
Putnam Avenue Upper School 100 Putnam Avenue, Cambridge, MA 02139	6-8	2.1 mi
Cambridge Street Upper School 840 Cambridge Street, Cambridge, MA 02141	6-8	2.5 mi
Cambridge Rindge and Latin School 459 Broadway, Cambridge, MA 02138	9-12	1.7 mi
John M. Tobin Montessori School 359 Broadway, Cambridge, MA 02139	PK-5	2.1 mi
Martin Luther King, Jr. School 102 Putnam Avenue, Cambridge, MA 02139	PK-5	2.1 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 57 Cedar St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/27/2026

Listed

$4,500,000

114.29%

MLS

3/01/2016

Sold

$2,100,000

—

Public Record

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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

Tax History for 57 Cedar St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$17,159

$2,702,200

-3%

2024

$16,569

—

$2,798,800

-1%

2023

$16,556

$2,825,300

2022

$15,357

-1%

$2,594,100

-3%

2021

$15,573

10%

$2,662,100

2020

$14,174

$2,465,000

11%

2019

$13,190

$2,220,600

12%

2018

$12,470

23%

$1,982,500

26%

2017

$10,171

$1,567,200

12%

2016

$9,782

$1,399,400

16%

2015

$9,408

$1,203,100

11%

2014

$9,088

—

$1,084,500

—

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

Estimate the Cost for 57 Cedar St

57 Cedar St, Cambridge, MA 02140 (MLS# 73492980) is a Land Residential property with a lot size of 0.21 acres. 57 Cedar St is currently listed for $4,500,000 and was received on March 27, 2026. Want to learn more about 57 Cedar St? Do you have questions about finding other Land Residential 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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57 Cedar St Cambridge, MA 02140