116 Prospect St
Somerville, MA 02143
Union Square- 4 Beds
- 3 Baths
- 2,970 sqft
4 Beds
3 Baths
2,970 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1900
Living Area
2,970 sqft
Price/Sqft
$529
Parking
Garage
Description
Rare opportunity in prime Somerville! 116 Prospect St, a three-unit multi-family offers exceptional value for both investors and owner-occupants. Ideally located just minutes from Union Square (and the Green Line) in Somerville and Cambridge’s Inman Square, this property offers unbeatable convenience. Each unit includes private laundry and dedicated storage, garage parking for all three units, plus five additional off-street parking spots. Enjoy private balconies for each unit, full living and dining rooms in the second and third floor units, as well as bonus rooms perfect for a home office or guest space. The updated first-floor unit features two bedrooms and modern finishes. A smart investment in a vibrant, connected neighborhood. Property being sold AS IS for seller's convenience.
116 Prospect St, Somerville, MA 02143 is a 4 bedroom, 3 bathroom, 2,970 sqft multi-family in Union Square, built in 1900. It last sold for $1,565,000 on Aug 4, 2025 (2% below the $1,600,000 asking price). It is currently off market. The Trulia Estimate is $1,571,800, with a rent estimate of $4,576/month.
Home Details for 116 Prospect St
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Interior Details Basement: Full,Interior Entry,Concrete,UnfinishedNumber of Rooms: 18 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 2970 Square Feet |
Appliances & Utilities Utilities: for Gas Range, for Gas Oven, for Gas Dryer, for Electric DryerAppliances: Range, Refrigerator, Washer, DryerDryerLaundry: Gas Dryer Hookup,Electric Dryer HookupRefrigeratorWasher |
Heating & Cooling Heating: Baseboard,Hot WaterHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Electric: Circuit Breakers |
Windows, Doors, Floors & Walls Flooring: Wood, Carpet, Laminate |
Levels, Entrance, & Accessibility Number of Stories: 3Floors: Wood, Carpet, Laminate |
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Exterior Home Features Roof: RubberExterior: BalconyFoundation: Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 5Has a GarageHas Open ParkingParking Spaces: 8Parking: Paved Drive,Off Street |
Frontage Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2970 |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 3 Family - 3 Units Up/Down |
Building Construction Materials: FrameDoes Not Include Home Warranty |
Property Information Parcel Number: M:83 B:B L:23, 759399 |
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Price List Price: $1,600,000 |
Status Change & Dates Off Market Date: Thu Jul 03 2025 |
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MLS Status: Sold |
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Direction & Address City: Somerville |
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Building Area Building Area: 2970 Square Feet |
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Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, T-StationNot Senior Community |
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Lot Area: 4680 sqft |
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Contingencies: Pending P&S |
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BasementMls Number: 73396107Above Grade Unfinished Area: 2970 |
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Public TransportationShoppingParkWalk/Jog TrailsLaundromatBike PathHighway AccessHouse of WorshipT-Station |
Last check for updates: about 3 hours ago
Listed by Michael O'Brien, (617) 286-2768
ERA Key Realty Services- Fram, (508) 879-4474
Bought with: Michael O'Brien, (617) 286-2768, ERA Key Realty Services- Fram, (508) 879-4474
Source: MLS PIN, MLS#73396107
Price History for 116 Prospect St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/04/2025 | $1,565,000 | Sold | MLS PIN #73396107 |
| 06/28/2025 | $1,600,000 | Contingent | MLS PIN #73396107 |
| 06/25/2025 | $1,600,000 | Listed For Sale | MLS PIN #73396107 |
Market trends in Somerville
Last updated June 2026
Avg. sale price
$884K
$833MoM
Sale-to-List Price
100.0%
Price per sq ft
$735
$24MoM
Available listings
205
10MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $13,972 |
| Assessment | $1,280,700 |
Home facts updated by county records
Comparable Sales for 116 Prospect St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | $1,410,000 | 03/20/26 | 6 | 3 | 2,855 | |
0.17 | Multi-Family Home | $1,120,000 | 05/05/26 | 4 | 2 | 2,301 | |
0.06 | Multi-Family Home | $1,300,000 | 08/26/25 | 5 | 2 | 1,650 | |
0.45 | Multi-Family Home | $1,260,000 | 11/17/25 | 5 | 3 | 2,651 | |
0.35 | Multi-Family Home | $1,300,000 | 09/30/25 | 5 | 2 | 2,526 | |
0.48 | Multi-Family Home | $1,406,000 | 10/03/25 | 5 | 3 | 2,946 | |
0.46 | Multi-Family Home | $1,950,000 | 07/06/26 | 5 | 3 | 3,476 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 116 Prospect St.
What Locals Say about Union Square
At least 158 Trulia users voted on each feature.
94 % Say it's walkable to restaurants
94 % Say there are sidewalks
90 % Say it's dog friendly
90 % Say it's walkable to grocery stores
83 % Say people would walk alone at night
78 % Say streets are well-lit
63 % Say parking is easy
59 % Say there's holiday spirit
59 % Say kids play outside
56 % Say neighbors are friendly
49 % Say yards are well-kept
44 % Say they plan to stay for at least 5 years
43 % Say there are community events
38 % Say it's quiet
34 % Say car is needed
31 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 116 Prospect St
Off Market Homes Near 116 Prospect St
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.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

