Active
35 Days on market
22-24 Fountain Avenue Somerville — Photo 1 of 36

22-24 Fountain Avenue Somerville — Photo 1 of 36

Recent Drop: $201,000

$1,800,000
$1,599,000

$1,599,000

22-24 Fountain Avenue, Somerville, MA 02145

Somerville, MA 02145

Beds

5

Baths

7

SqFt

3,807

Style

Multi Family

Built

2021

Rare development opportunity in prime East Somerville! This expansive 2-family home offers 3,807 total finished sq. ft. across 3 levels (including finished lower levels) featuring a total of 5 bedrooms, 6 full bathrooms, and 2 half bathrooms. Unit 1 is a multi-level layout delivering 2 bedrooms, 3.5 baths, an office/den, and living/dining areas. Unit 2 offers a 3-bedroom, 3.5-bath townhome layout with flex space. Convenient off-street tandem parking for 2 cars. Situated in a highly accessible East Somerville location close to the Green Line Extension, Assembly Row, Route 28/I-93, and downtown Boston. Ideal project for an experienced developer or builder looking to complete a luxury multi-family or condominium conversion.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$420/sqft
Local Avg (Somerville)$565/sqft
26% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Somerville, MA.

Property Details

Financials

Original Price$1,800,000
Annual Taxes$12,405

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms16
FireplacesNone
FlooringWood, Tile, Vinyl, Varies
BasementFull, Finished, Interior Entry

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningNR

Property & Lot

Acres0.07
SqFt Lot3,262
Lot Features--

Neighborhood

Sidewalks

Geography

Property History

Price Drop
$1,599,000

Was $1,800,000

Sep 1, 2026

MLS® 73560985

Listed
$1,800,000

Aug 8, 2026

MLS® 73560985

Population

27,495

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$124K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

64.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Thomas Mario

Listing Office: Century 21 Mario Real Estate

MLS® Number: 73560985

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