Multi-Family for Sale: 55 Elm St, Somerville, MA 02144

4 beds
3 full baths
2,426 sqft
$3,400,000
$3,400,000
55 Elm St, Somerville, MA 02144
4 beds
3 full baths
2,426 sqft
$3,400,000
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Price:
$3,400,000
$500,000 - 08/18/2026

Type Multi-Family
Beds 4
Baths 3 full baths
Square Feet 2,426 sqft
Lot Size 0.09 acres
Year Built 1900

City Somerville
County Middlesex

MLS 73536182
Status Active
DOM 120 days
Rare mixed-use opportunity at one of Somerville’s most recognizable corners, across from the Porter Square Shopping Center and T Stop. Formerly home to the beloved and iconic Big Fish Little Fish store, this highly visible location has been a destination for generations of local residents. The property consists of a 6,290 SF mixed-use building featuring two commercial storefronts, a three-unit multifamily residence (two 1-bedroom units and one 2-bedroom unit), a driveway and yard. The commercial spaces include back rooms and basement storage, with the potential to combine both storefronts into a single larger space. The property offers exceptional redevelopment and investment potential. Ideal for condominiums, multifamily housing, and mixed-use development. Being delivered vacant, this transit-oriented site (also sees lots of foot traffic) provides unmatched accessibility to Cambridge, Boston, and surrounding communities.

Lot & Building Features

Construction Frame
Sewer Public Sewer
Tax Year 2025
Taxes Paid $16,881
Water Public
Foundation Stone
Roof Rubber, Shingle
Full Baths 3
Parking Off Street
Total Rooms 11
Basement Feature Unfinished, Full
Garage Spaces 0

Price History of 55 Elm St, Somerville, MA

Date Name Price Difference
08/18/2026 Price Adjustment $3,400,000 12.82%
06/15/2026 Listing Price $3,900,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$2,495,000
$1,050 / sqft
Average
$2,495,000
$1,050 / sqft
High
$2,495,000
$1,050 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Somerville 02144 4 3.0 $3,400,000 2,426 $1,401 N/A
14 Lindall Pl Boston 02114 5 4.0 $2,495,000 2,376 $1,050 07/20/2026

Map of 55 Elm St, Somerville, MA

Location Map Street View
Photo of Terri Fraser
Terri Fraser
Associate Broker
Direct: 603-380-4809
Office
185 Plaistow Road, Suite 1
Plaistow, NH 03865
603-382-0360 x12
Listed by RE/MAX Real Estate Center, David Lilley
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55 Elm St (MLS #73536182) is a multi-family listing located in Somerville, MA. This multi-family listing is 2,426 sqft and on a lot of 4,043 sqft (or 0.09 acres) with 4 bedrooms, 3 baths and is 126 years old. This property was listed on 06/15/2026 and has been priced for sale at $3,400,000.

The 5 bedroom multi-family listing at 14 Lindall Pl in Boston is nearby and sold for $2,495,000 on 07/20/2026.

Nearby zip codes are 02138, 02139, 02140, 02143 and 02145. This property neighbors other cities such as Cambridge, Medford and Wakefield.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Real Estate Center

The property listing data and information 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 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 set forth herein.