Buying a Multi-Family in Davis Square

Just as the condo market around Davis Square tends to be more balanced towards Somerville units as opposed to Cambridge (mostly due to the fact that geographically, a good chunk of the radius directly around Davis Square is Somerville and only a small chunk is Cambridge), of the 10 multi-families that sold around Davis Square in 2025, just two were on the Cambridge line.

Most 2-families close to Davis Square will land in the $1.4M to $1.8M range. On the low end range expect units that have funky layouts but are decently updated (for investor grade) OR units with great layouts that need $100k to $200k worth of work. At the high end of this range, you’ll have relatively turnkey units that may require more light cosmetic work like paint, light fixtures, etc. 

Most 3-families close to Davis Square land in the $1.5M to $2M range. On the low end of the range, expect a smaller 3-family (usually around 2,500 square feet). Often this means one of two things: either all the units have small bedroom counts, as in they are all one or two bed units (which is a good thing oftentimes since those are easiest to rent and renters tend to stay longer) OR they have many bedrooms per a unit but all the bedrooms are really more like offices…these tend to be a nightmare to rent so be careful here. 

On the high end of the range you will see three families with units that are most typically 3,000+ square feet and this means larger units. It also means more units with better layouts across all 3 units which translates into higher rents and higher quality renters. You will also see some nice victorian homes on the upper end of this range that could be an opportunity to condoize or owner occupy one unit and rent out the other two.

If you are looking to buy a multi-family close to Davis Square, give me a ring at 617-833-7457 and we can get you in a good spot!