Active Under Contract
80 Days on market
82 Electric Ave Somerville — Photo 1 of 41

82 Electric Ave Somerville — Photo 1 of 41

Recent Drop: $42,500

$1,437,500
$1,395,000

$1,395,000

82 Electric Ave, Somerville, MA 02144

Somerville, MA 02144 — Teele Square

Investor Analysis

Beds

5

Baths

2

SqFt

3,335

Style

Multi Family

Built

1900

Presenting a distinguished two-family residence at 82 Electric Ave in Somerville. Built in 1900, this well-maintained property offers 3,335 square feet of living space on a 4,172 square foot lot and features a total of 5 bedrooms, 2 full bathrooms, and a 2-car garage.Combining classic character, generous living space, and a highly desirable Somerville location, this property presents an exceptional opportunity for investors, owner-occupants, or buyers seeking a versatile multi-family residence.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$418/sqft
Local Avg (Somerville)$562/sqft
26% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,437,500
Annual Taxes$15,505

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms11
FireplacesNone
Flooring--
BasementFull, Unfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningNR

Property & Lot

Acres0.1
SqFt Lot4,172
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path

Geography

Property History

Price Drop
$1,395,000

Was $1,437,500

Aug 17, 2026

MLS® 73540824

Listed
$1,437,500

Jun 24, 2026

MLS® 73540824

Population

25,448

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$150K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

63.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Somerville, MA market report ZIP 02144 market data
Listing Provided By

Listing Agent: Mario Capone

Listing Office: Cambridge Realty Group, Inc.

MLS® Number: 73540824

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