22 Madison Ave Cambridge, MA 02140
North Cambridge NeighborhoodEstimated payment $18,666/month
Total Views
475
9
Beds
6
Baths
3,958
Sq Ft
$796
Price per Sq Ft
Highlights
- Deck
- Wood Flooring
- Porch
- Property is near public transit
- Jogging Path
- 2-minute walk to Alewife Linear Park
About This Home
Introducing 22 Madison Avenue, a rare and exceptional investment opportunity in the heart of North Cambridge. This fully gut-renovated 3-family residence has been rebuilt from the studs with no detail overlooked, offering three luxurious units—each with 3 spacious bedrooms and 2 full bathrooms. Designed with both style and function in mind, every unit features open-concept layouts, contemporary kitchens with quartz countertops and stainless steel appliances, in-unit laundry, central air, and elegant wide plank hardwood flooring throughout. Off-street parking and efficient systems add to the turnkey appeal. Whether you're an investor seeking strong rental income in one of Greater Boston’s most desirable markets, or an owner-occupant looking to offset your mortgage with rental income, this property checks all the boxes. Located near Alewife, Davis Square, shops, dining, and the Minuteman Bikeway, 22 Madison blends luxury living with long-term value in a fantastic location.
Open House Schedule
-
Wednesday, August 13, 20254:00 to 5:00 pm8/13/2025 4:00:00 PM +00:008/13/2025 5:00:00 PM +00:00Add to Calendar
-
Thursday, August 14, 202511:00 am to 12:00 pm8/14/2025 11:00:00 AM +00:008/14/2025 12:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,029
Year Built
- Built in 1923
Lot Details
- 4,400 Sq Ft Lot
- Near Conservation Area
Home Design
- Rubber Roof
Interior Spaces
- 3,958 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number 413135
Community Details
Recreation
- Park
- Jogging Path
- Bike Trail
Additional Features
- 3 Units
- Shops
- Net Operating Income $108,000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,551 | $2,606,500 | $507,000 | $2,099,500 |
| 2024 | $9,141 | $1,544,100 | $528,100 | $1,016,000 |
| 2023 | $8,986 | $1,533,500 | $538,700 | $994,800 |
| 2022 | $8,414 | $1,421,300 | $522,900 | $898,400 |
| 2021 | $8,125 | $1,388,900 | $524,700 | $864,200 |
| 2020 | $7,991 | $1,389,700 | $536,000 | $853,700 |
| 2019 | $7,610 | $1,281,200 | $478,500 | $802,700 |
| 2018 | $4,890 | $1,096,700 | $402,900 | $693,800 |
| 2017 | $6,955 | $1,071,600 | $377,700 | $693,900 |
| 2016 | $6,751 | $965,800 | $327,400 | $638,400 |
| 2015 | $6,577 | $841,000 | $287,800 | $553,200 |
| 2014 | $6,344 | $757,100 | $251,800 | $505,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $3,150,000 | 0.0% | $796 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | $4,400 | -- | -- |
| 01/20/2025 01/20/25 | For Rent | -- | -- | -- |
| 10/08/2024 10/08/24 | Off Market | $4,400 | -- | -- |
| 02/17/2024 02/17/24 | For Rent | $4,400 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,393,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $1,393,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $2,480,000 | Commercial | |
| Previous Owner | $25,000 | No Value Available | |
| Previous Owner | $25,000 | No Value Available |
Source: Public Records
Similar Homes in Cambridge, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73414543
APN: CAMB-000188-000000-000042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.
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