$500,000
PENDING $100K PRICE DROP

38 Franklin Ave Somerville, MA 02145

East Somerville Neighborhood

Estimated payment $3,130/month

Total Views 31,549
0.05 Acre
$10,000,000 Price per Acre
2,178 Sq Ft Lot

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • Somerville High School Rated A-
  • No HOA
  • 3-minute walk to Glen Park

About This Lot

Calling all developers and Investors! Opportunity knocks to buy a rare vacant lot in Somerville. The possibilities for future use are endless. Zoning may allow multiple units and any building can be 3 stories tall. Check out one of the hottest east somerville neighborhoods a stones throw form the new green line T stop! You can get anywhere from here without a car! Condos in this immediate area are selling for top dollar! don't miss out invest today in the future! 2 separate lots of record are included in the sale.

Listing Agent

Dana Ford

LAER Realty Partners Listed on: 09/23/2025

LAER Realty Partners

Property Details

Property Type

  • Land

Lot Details

  • 2,178 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned NR

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Legal Lot and Block 12 / E
  • Assessor Parcel Number 761215

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Bike Trail
  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: AN1199

Exterior Features

  • Fencing: Fenced
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer, At Street
  • Gas: At Street
  • Electric: At Street
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Medical Facility, Bike Path, Highway Access, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 761215
  • Zoning: NR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Sidewalks
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • PERC TEST: N

Tax Info

  • Tax Year: 2024
  • Tax Block: E
  • Tax Lot: 12

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 Pending -- -- --
10/13/2025 10/13/25 Price Changed $500,000 -16.7% --
09/23/2025 09/23/25 For Sale $600,000 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73434703

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Somerville 02143 East Somerville

38 Franklin Ave, Somerville, MA

Pending

Lots

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MLS Property Information Network (MLS PIN) 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.

Nearby Homes
Dana Ford
Listing Agent
Dana Ford
Section Image
LAER Realty Partners
(617) 977-6825