49 Porter St Somerville, MA 02143
Spring Hill NeighborhoodEstimated payment $15,086/month
Highlights
- Property is near public transit and schools
- Wood Flooring
- Shops
- Somerville High School Rated A-
- Balcony
- 3-minute walk to Morse-Kelley Playground
About This Home
Located in Somerville’s desirable Spring Hill neighborhood, this property offers strong urban living and investment potential. Ideally situated between Porter and Davis Squares with a 91 Walk Score, it provides convenient access to the MBTA Red Line, Commuter Rail, local shops, dining, and nearby universities including Harvard, Lesley, and Tufts. The home features generous layouts, high ceilings, original hardwood floors, and abundant natural light throughout. Outdoor amenities include multiple private decks and a shared yard, offering flexible options for relaxation or entertaining. Well-maintained and move-in ready, the property also presents value add potential for investors seeking to enhance equity and rental income. Classic three deck configuration with a functional layout well suited for both owner occupants and investment use. Q1 2026 market data indicates strong upward pressure on rental rates in the 02143 zip code, reinforcing capitalization rate potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,365
Year Built
- Built in 1900
Home Design
- Triplex
- Brick Foundation
Interior Spaces
- 4,110 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Unfinished Basement
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Car Parking Spaces
- Off-Street Parking
Additional Features
- Balcony
- 3,948 Sq Ft Lot
- Property is near public transit and schools
- 110 Volts
Listing and Financial Details
- Assessor Parcel Number 752883
Community Details
Overview
- 3 Units
Amenities
- Shops
- Coin Laundry
Building Details
- Operating Expense $24,089
- Net Operating Income $112,804
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 | $22,528 | $2,064,900 | $612,500 | $1,452,400 |
| 2024 | $21,054 | $2,001,300 | $612,500 | $1,388,800 |
| 2023 | $20,529 | $1,985,400 | $612,500 | $1,372,900 |
| 2022 | $19,643 | $1,929,600 | $583,300 | $1,346,300 |
| 2021 | $18,894 | $1,854,200 | $555,500 | $1,298,700 |
| 2020 | $18,494 | $1,832,900 | $534,200 | $1,298,700 |
| 2019 | $17,260 | $1,604,100 | $464,500 | $1,139,600 |
| 2018 | $12,189 | $1,077,700 | $422,300 | $655,400 |
| 2017 | $11,909 | $1,020,500 | $398,400 | $622,100 |
| 2016 | $11,322 | $903,600 | $364,400 | $539,200 |
| 2015 | $10,846 | $860,100 | $362,400 | $497,700 |
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 |
|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $2,396,000 | 0.0% | $583 / Sq Ft |
| 07/05/2024 07/05/24 | For Rent | $4,000 | -- | -- |
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 | $1,700,000 | None Available | |
| Quit Claim Deed | $1,775,000 | -- | |
| Deed | $684,250 | -- |
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 | $1,250,000 | Commercial | |
| Previous Owner | $1,087,500 | No Value Available | |
| Previous Owner | $1,087,500 | No Value Available | |
| Previous Owner | $600,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73513094
APN: SOME-000038-A000000-000035
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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