$4,300,000 · For sale

278 Harvard Street presents multifamily investors with a rarely available 10-unit Mid-Cambridge apartment building, combining dependable cash flow, clear value-add upside, and long-term appreciation potential in one of Greater Boston’s most supply-constrained rental markets. The unit mix of 8 studios and 2 two-bedroom apartments is ideally suited to the strong renter demand in this location, supporting income from day one. This generational asset is located between Harvard Square and Central Square, close to Harvard University, Kendall Square, major employment centers, and the Red Line. Current rents leave meaningful room to grow, and a new owner can capture additional value through targeted unit upgrades, improved operations, and bringing rents to market. Longer-term development potential may also exist, subject to buyer verification of zoning and permitting. Opportunities to acquire well-located multifamily assets of this size are limited. Financials available upon request.yer verification of zoning and permitting. Opportunities to acquire well-located multifamily assets of this size are limited. Financials available upon request.
278 Harvard St is a multi-family home for sale in Cambridge, MA 02139 with 6,070 square feet, asking $4,300,000. It was built in 1873. It has been on our site since October 30, 2026.
At $708 a square foot, it compares with a median of $712 among the 32 other multi-family homes for sale in Cambridge with a stated size.
The whole property at this address is assessed at $3,486,000 for fiscal year 2026. It last sold for $232,500 in September 1992. The assessor lists a lot of 0.13 acres.
It scores 100 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Central (MBTA Red Line), about 0.2 miles away. The closest bus stop is Broadway @ Inman St (MBTA route 68), about 0.1 miles away.
The closest public schools by level are John M Tobin (0.1 miles), Putnam Avenue Upper School (0.5 miles) and Cambridge Rindge and Latin (0.6 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73597171, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
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