343 Harvard St

4,294 Sq. Ft.
$576 / Sq. Ft.
4,294
Sq. Ft.
$576
per Sq. Ft.

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...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.
  1. Listed by Brian Gagnon • Coldwell Banker Realty - Boston

Property Details for 343 Harvard Street

Town
Cambridge
MLS Area
Harvard Square
Area
MA-Cambridge-Harvard Square, MA-Cambridge
Garage Spaces
0
Open Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 05/07/2026 03:07 AM

Property Details for 343 Harvard Street

StatusActive
MLS #73500252
Days on Market26
Taxes$13,621 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1855
CountyMiddlesex County

Location

Listing Courtesy of Coldwell Banker Realty - Boston, Brian Gagnon
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Building Information for 343 Harvard Street

Stories5Residences5Year Built1855Building Size-Lot Size0.08 AC / 3,661 SF

Payment Calculator

$13,598 per month

30 year fixed, 6.46% Interest

Principal and Interest

$12,463

Property Taxes

$1,135

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 343 Harvard Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 4294.0
  • SqFt with Basement: Yes
  • Total Units: 5
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Partial
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: Yes
  • Fireplaces: 2
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: 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.
Tax Information
  • Tax ID: M:00135 L:00068,409038
  • Assessments: $2,145,000
  • Book: 0
  • Tax Year: 2025
  • Zoning: C-1
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 5
Income / Expenses
  • GOI: $160,200.00
  • GRE: $33,339
  • NOI: $160,200.00
  • Operating Expense: $33,339.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: Y
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $13,500.00

Property History for 343 Harvard Street

DateEvent & SourcePriceAppreciation
Apr 12, 2026

Listed (Active)

MLS PIN #73500252

$2,500,000—
Sep 14, 1995

Sold

MLS PIN #50293917

$340,000—
Sep 8, 1995

Sold (Public Record)

Public Record #87688455

$340,000—
DateEvent & SourcePrice
04/12/2026

Listed (Active)

MLS PIN #73500252

$2,500,000
09/14/1995

Sold

MLS PIN #50293917

$340,000
09/08/1995

Sold (Public Record)

Public Record #87688455

$340,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 343 Harvard Street

Taxable ValueLand$1,545,600Additions$599,400Total$2,145,000
Tax Record2025$13,621 ($1,135 / month)
Home Facts
Total Finished SqFt3,891 SqFtAbove Grade Finished SqFt3,891 SqFtStories3Lot Size3,661 SqFtStyleMulti-Family Res (5+ Units)Year Built1855ZoningC-1CountyMIDDLESEXAPNCAMB M:00135 L:00068

Schools near 343 Harvard Street

This home is within Cambridge School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
King Open School
PublicPK to 5

Putnam Avenue Upper School
Public6 to 8

Cambridge Rindge and Latin School
Public9 to 12

Martin Luther King, Jr. School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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343 Harvard Street is a multi-family home for sale in Cambridge, MA 02138. This property was listed for sale on April 12, 2026 by Coldwell Banker Realty - Boston, it's currently listed at $2,475,000. It has been on the market for a total of 26 days and was last sold on September 14, 1995. This listing's school district is Cambridge School District. Nearby schools include King Open School, Putnam Avenue Upper School and Cambridge Rindge and Latin School. 343 Harvard Street is a 7-bed, 5-bath, 4,294 sqft multi-family home built in 1855.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Boston, Brian Gagnon

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.