41 Derby St Unit 1 Somerville, MA 02145
Ten Hills NeighborhoodEstimated payment $9,965/month
Highlights
- Tandem Parking
- 2 Car Garage
- 3-minute walk to Foss Park
- Somerville High School Rated A-
About This Home
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.
Listing Agent
J. Lucky Henry
Henry RE Listed on: 03/31/2026
Co-Listing Agent
Mamady Tonguino
Henry RE
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1915
Parking
- 2 Car Garage
- Tandem Parking
- Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- Property has 2 Levels
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 4728651
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,368 | $583,700 | $0 | $583,700 |
| 2024 | $4,502 | $427,900 | $0 | $427,900 |
| 2023 | $4,368 | $422,400 | $0 | $422,400 |
| 2022 | $4,139 | $406,600 | $0 | $406,600 |
| 2021 | $4,056 | $398,000 | $0 | $398,000 |
| 2020 | $3,888 | $385,300 | $0 | $385,300 |
| 2019 | $4,019 | $373,500 | $0 | $373,500 |
| 2018 | $3,931 | $347,600 | $0 | $347,600 |
| 2017 | $3,352 | $287,200 | $0 | $287,200 |
| 2016 | $3,235 | $258,200 | $0 | $258,200 |
| 2015 | $2,883 | $228,600 | $0 | $228,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2026 06/08/26 | Price Changed | $1,750,000 | +133.3% | $642 / Sq Ft |
| 06/08/2026 06/08/26 | Price Changed | $750,000 | -60.3% | $420 / Sq Ft |
| 03/31/2026 03/31/26 | For Sale | $1,888,888 | +136.4% | $693 / Sq Ft |
| 03/24/2026 03/24/26 | Price Changed | $799,000 | -3.2% | $448 / Sq Ft |
| 03/08/2026 03/08/26 | For Sale | $825,000 | -- | $462 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $479,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
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Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $579,000 | Purchase Money Mortgage | |
| Previous Owner | $932,000 | New Conventional |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73493783
APN: SOME-69 H 27
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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Ask me questions while you tour the home.