$12,000,000
1039 Massachusetts Avenue
Cambridge, MA, 02138
1039 Massachusetts Avenue, aka The University Building, offers 26 apartment units and is located within the Harvard Square neighborhood of Cambridge. The property is comprised of a six-story, elevatored building with a basement level. Originally built in 1920, the property has been exceptionally well-maintained by current ownership, with substantial capital invested in recent years, including significant improvements made to building systems, elevator modernization, roof replacement, and enhancements made to the building‘s entryway space and throughout all common areas. Apartment finish levels vary, with the property offering a mix of original, partially-renovated,and fully-renovated units, providing a desirable mix of proven-value add and organic rent upside remaining.
Property Details
Price:
$12,000,000
MLS #:
73485718
Status:
Active
Beds:
46
Baths:
26
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Mar 11, 2026
Finished Sq Ft:
20,317
Total Sq Ft:
20,317
Lot Size:
11,159 sqft / 0.26 acres (approx)
Year Built:
1920
Units:
26
Schools
Interior
Above Grade Finished Area
20317
Bathrooms
26 Full Bathrooms
Levels
6
Exterior
Covered Spaces
3
Garage Spaces
3
Lot Features
Other
Open Parking Spaces
3
Parking Spots
6
Parking Total
6
Stories
6
Financial
Tax Year
2026
Taxes
$67,374
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Cambridge as of May 04, 2026
60
Multi Family Listed
73
Avg DOM
699
Avg $ / SqFt
$3,858,324
Avg List Price
Community
- Address1039 Massachusetts Avenue Cambridge MA
- CityCambridge
- CountyMiddlesex
- Zip Code02138
Subdivisions in Cambridge
Similar Listings Nearby
Property Summary
- 1039 Massachusetts Avenue Cambridge MA is a Multi Family for sale in Cambridge, MA, 02138. It is listed for $12,000,000 To schedule a showing of MLS#73485718 at 1039 Massachusetts Avenue in Cambridge, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of CBRE, Inc. 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.
1039 Massachusetts Avenue
Cambridge, MA