41 Derby St, Somerville, MA 02145 - Photo 1

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$1,888,888 Just Listed

For Sale
Active
Multi-Family
3 Units
9 Total Beds
2 Car Garage
Updated 2 days ago

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Property Description

Exceptional opportunity to acquire a performing three-family property with built-in upside and multiple exit strategies. This asset stands out with a bi-level first unit, offering enhanced livability and rental appeal compared to typical layouts.The property features off-street parking, a major value-add for tenants and future resale, along with a strong, consistent tenant history that supports immediate cash flow. For added flexibility, the property can be delivered with one unit vacant, ideal for owner-occupants or investors looking to reposition rents. Significant capital improvements include a well-maintained roof, with drone footage available upon request for full transparency.Please note this three-family is already configured as three individual condominium units, each currently being marketed separately. This gives you optionality for a sell-off strategy, hybrid hold, or full portfolio acquisition.

Full Property Details

Full Property Details for 41 Derby St

General

Price: $1,888,888
Taxes: $99,999,999 (9999)
Status: Active
Type: Multi-Family
MLS ID: 73493783
Updated: 3/31/2026
Added to Site: 2 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

Bedrooms

Total Bedrooms: 9

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Paved Drive, Off Street, Tandem, Paved

Location

County: Middlesex

Structural Information

Basement: Yes
Stories/Levels: 4
Square Feet: 2,725
Year Built: 1915

Financial Considerations

Tax Amount: $99,999,999
Tax Year: 9999

Disclosures and Reports

Disclosures/Rstr.: Three separately deeded units. Also being offered individually for sale.
Property ID: 4728651

Listed by Henry RE, J. Lucky Henry and Mamady Tonguino

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Listing agents

— 41 Derby St —

J. Lucky Henry

Henry RE
Mamady Tonguino

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Schools

Schools serving 41 Derby St

School District:Somerville School District

Name	Grades	Distance
Arthur D. Healey School 5 Meacham Street, Somerville, MA 02145	K-8	0.4 mi
Winter Hill Community School 115 Sycamore Street, Somerville, MA 02145	PK-8	0.5 mi
E Somerville Community 50 Cross Street, Somerville, MA 02145	K-8	0.6 mi
Somerville High School 81 Highland Avenue, Somerville, MA 02143	9-12	0.6 mi
Capuano Early Childhood Center 150 Glen Street, Somerville, MA 02145	PK-K	0.8 mi
Albert F. Argenziano School At Lincoln Park 290 Washington Street, Somerville, MA 02143	PK-8	1.1 mi
Benjamin G. Brown School 201 Willow Avenue, Somerville, MA 02144	K-6	1.3 mi
John F. Kennedy Elementary School, Somerville, MA 5 Cherry Street, Somerville, MA 02144	PK-8	1.4 mi
West Somerville Neighborhood School 177 Powder House Boulevard, Somerville, MA 02144	PK-8	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 41 Derby St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/31/2026

Listed

$1,888,888

294.34%

MLS

12/15/2023

Sold

$479,000

—

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 41 Derby St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,368

41%

$583,700

36%

2024

$4,502

$427,900

2023

$4,368

$422,400

2022

$4,139

$406,600

2021

$4,056

$398,000

2020

$3,888

-3%

$385,300

2019

$4,019

$373,500

2018

$3,931

17%

$347,600

21%

2017

$3,352

$287,200

11%

2016

$3,235

12%

$258,200

13%

2015

$2,883

$228,600

10%

2014

$2,642

—

$208,700

—

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 41 Derby St

41 Derby St, Somerville, MA 02145 (MLS# 73493783) is a Multi-Family property with 3 units containing 9 bedrooms and 6 full bathrooms. 41 Derby St is currently listed for $1,888,888 and was received on March 31, 2026. Want to learn more about 41 Derby St? Do you have questions about finding other Multi-Family real estate for sale in Winter Hill? You can browse all Winter Hill real estate or contact a Coldwell Banker agent to request more information.

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41 Derby St Somerville, MA 02145