Buying a multi-family in Union Square

If you are thinking of buying a multi-family in Union Square, I think you’re making a great call. This area has seen a lot of development and gentrification since the green line T stop came into place a few years ago and I expect this growth to continue for the next decade. 

There are a few price buckets I see in the multi-family market within the area around Union Square, Somerville (at least as of this writing 12/15/2025). First you have your start 2-family - these generally land in the $1M to $1.25M range. Often they are smaller 2-families in OK condition - think 4 or 5 bedrooms total across both units and 2,000 to 2,400 square feet. 

You’ll then have your next price bracket which is typically $1.8M to $2.3M range. You get an interesting hodge podge at this price point. First, you’ll see some beautiful owner occupant opportunities, most typically really nice 2-family victorians in Prospect Hill where one unit is an owner’s unit and the otherwise is a rental. Then you’ll see a mixture of 3-6 family units and for whatever reason, most units around Union Square for the larger multis tend to be either 1 bed or 2 beds. If you are looking for a 4-6 unit, there tend to be more of them in Union Square compared to some other areas of Somerville, but the truth is about 75% of all multi-family units across Somerville are either two or three families, so wherever you look, there just aren’t many 4+ unit properties and patience will be key.

Whether you are looking to buy a multi-family in Union Square, Somerville, elsewhere in Somerville OR maybe you are rethinking your town selection, give me a ring and we can talk! My cell is 617-833-7457!