Google street view image for 38 Reed St, Cambridge, MA 02140

OFF MARKET

$1,641,632

•

3 ba

•

2,626

sq ft

38 Reed St, Cambridge, MA 02140

About this home

38 Reed St is a 2,626 square foot multi-family home on a 6,098 square foot lot with 5 bedrooms and 3 bathrooms. Based on Redfin's Cambridge data, we estimate the home's value is $1,641,632.

Multi-familyProperty Type

1897Year Built

6,098 sq ftLot Size

$625Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,641,632

$130K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.9% lower than the average sale price ($2.05M) of 6 comparable homes.

SOLD JUL 28, 2026
$3,152,000
A
4 beds3.5 baths3,445 sq ft
14 Holly Ave, Cambridge, MA 02138
SOLD AUG 11, 2026
$1,300,000
B
5 beds2.5 baths2,622 sq ft
23 Day St, Somerville, MA 02144
SOLD JUN 5, 2026
$2,182,750
C
5 beds3 baths2,558 sq ft
20 Beech St, Cambridge, MA 02140
SOLD JUN 17, 2026
$2,242,500
D
4 beds2.5 baths2,446 sq ft
16 Claremon St, Somerville, MA 02144
SOLD MAR 27, 2026
$1,853,000
E
5 beds3 baths3,164 sq ft
45 Teel St, Arlington, MA 02474
SOLD JUL 9, 2026
$1,560,000
F
5 beds3 baths2,560 sq ft
21 Milton, Somerville, MA 02144

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Earn from this home

Sell

$1,559,273

Est. take-home

List your home with Redfin and save $8,208

Market trends in 02140, MA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

104.0%

+1.3% MoM

Median sale price

$1.5M

$220K MoM

Avg. days on market

21d

6 days MoM

Recently sold homes

16 MoM

New listings for sale

$439,500
Studio1 bath433 sq ft
6 Washington Ave #11, Cambridge, MA 02140
$1,825,000
7 beds2.5 baths2,988 sq ft
26-28 Porter Rd, Cambridge, MA 02140
OPEN SUN, 2PM TO 3:30PM
$4,595,000
6 beds4 baths4,255 sq ft
140 Upland Rd, Cambridge, MA 02140
See all

Provided by Redfin

Sale history for 38 Reed St

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$8,991 (+7.5%)

$629,200 + $786,700

$1,415,900

2024

$8,364 (+7.1%)

$655,400 + $757,400

$1,412,800

2023

$7,811 (−2.9%)

$668,500 + $664,400

$1,332,900

2022

$8,041 (+2.9%)

$604,800 + $753,500

$1,358,300

2021

$7,815 (+4.2%)

$606,800 + $729,100

$1,335,900

2020

$7,500 (+5.3%)

$589,000 + $715,300

$1,304,300

2019

$7,123 (+5.8%)

$525,700 + $673,500

$1,199,200

2018

$6,731 (+2.4%)

$442,700 + $627,400

$1,070,100

2017

$6,576 (+2.4%)

$415,000 + $598,300

$1,013,300

2016

$6,424 (+1.1%)

$359,700 + $559,300

$919,000

2015

$6,351 (+5.2%)

$316,200 + $496,000

$812,200

2014

$6,035 (+0.5%)

$276,700 + $443,500

$720,200

2013

$6,003 (+3.8%)

$254,900 + $438,300

$693,200

2012

$5,786 (+3.9%)

$244,000 + $438,300

$682,300

2011

$5,568

$244,000 + $438,300

$682,300

2010

$5,568 (+7.8%)

$244,000 + $438,300

$682,300

2009

$5,163

$254,200 + $428,800

$683,000

Tax history for 38 Reed St

Year

Property tax

Land + Additions

Assessment*

2025

$8,991 (+7.5%)

$629,200 + $786,700

$1,415,900

2024

$8,364 (+7.1%)

$655,400 + $757,400

$1,412,800

2023

$7,811 (−2.9%)

$668,500 + $664,400

$1,332,900

2022

$8,041 (+2.9%)

$604,800 + $753,500

$1,358,300

2021

$7,815 (+4.2%)

$606,800 + $729,100

$1,335,900

2020

$7,500 (+5.3%)

$589,000 + $715,300

$1,304,300

2019

$7,123 (+5.8%)

$525,700 + $673,500

$1,199,200

2018

$6,731 (+2.4%)

$442,700 + $627,400

$1,070,100

2017

$6,576 (+2.4%)

$415,000 + $598,300

$1,013,300

2016

$6,424 (+1.1%)

$359,700 + $559,300

$919,000

2015

$6,351 (+5.2%)

$316,200 + $496,000

$812,200

2014

$6,035 (+0.5%)

$276,700 + $443,500

$720,200

2013

$6,003 (+3.8%)

$254,900 + $438,300

$693,200

2012

$5,786 (+3.9%)

$244,000 + $438,300

$682,300

2011

$5,568

$244,000 + $438,300

$682,300

2010

$5,568 (+7.8%)

$244,000 + $438,300

$682,300

2009

$5,163

$254,200 + $428,800

$683,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Sep 14, 2021 • Active

Building: alteration and addition

Remove and replace the rear porch structure and the small side entrance.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Basement Information
Basement Sq. Ft: 962

Bathroom Information
# of Full Baths: 3

Heating & Cooling
Heating Type: Forced Hot Water

Room Information
# of Rooms: 12

Exterior

Exterior Information
Physical Condition: Good
Building Style Type: Multi-Family
Exterior Wall: Aluminum/Vinyl
Roof Shape Type: Gable

Property Information
Living Sq. Ft: 2,626
Gross Sq. Ft: 4,152
Ground Floor Sq. Ft: 962
# of Units: 2
# of Stories: 3

Lot Information
# of Buildings: 1
Land Sq. Ft: 6,098
Municipality Name: CAMBRIDGE
Acres: 0.14
Zoning Code: B
State Use Description: 2-FAMILY RESIDENCE

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 5
Baths: 3.0
Sq. Ft.: 2,626
Stories: 3.0
Lot Size: 6,098 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1897
Year Renovated: —
County: Middlesex County
APN: 3004504S

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Peabody School

Public PreK-5 • Assigned • 0.3mi

7/10

Rindge Avenue Upper School

Public 6-8 • Assigned • 0.3mi

8/10

Cambridge Rindge and Latin School

Public 9-12 • Assigned • 1.7mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Despite new zoning laws encouraging housing production, Cambridge remains a Seller's market driven by pent-up demand and a constant influx of buyers. Because it is a historic, built-out city, there is little new housing to replace existing...
2 months ago • Cambridge
Benjamin Ginsburg
Redfin Premier agent
152 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

6/10 Wind Factor

58% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Cambridge, MA • 02140

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.56M – $1.89M

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Nearby similar homes

3D WALKTHROUGH

$1,449,000

3 beds3.5 baths2,000 sq ft

5-7 Whitman St, Somerville, MA 02144

$2,396,000

12 beds4 baths4,110 sq ft

49 Porter St, Somerville, MA 02143

$2,375,000

6 beds3 baths3,342 sq ft

7-9 Orrin St, Cambridge, MA 02138

$1,695,000

6 beds3 baths3,645 sq ft

24 Linden Ave, Somerville, MA 02143

$2,500,000

6 beds3 baths3,159 sq ft

17-19 Orrin St, Cambridge, MA 02138

$1,825,000

7 beds2.5 baths2,988 sq ft

26-28 Porter Rd, Cambridge, MA 02140

New listings for sale in 02140

$439,500

Studio1 bath433 sq ft

6 Washington Ave #11, Cambridge, MA 02140

$1,825,000

7 beds2.5 baths2,988 sq ft

26-28 Porter Rd, Cambridge, MA 02140

OPEN SUN, 2PM TO 3:30PM

$4,595,000

6 beds4 baths4,255 sq ft

140 Upland Rd, Cambridge, MA 02140

Home values near 38 Reed St

Data from public records.

Address	Redfin Estimate
47 Reed Street #47, Cambridge, MA 3 Beds \| 2.5 Baths \| 2220 Sq. Ft.	$1,576,674
35 Reed Street, Cambridge, MA 4 Beds \| 2 Baths \| 2160 Sq. Ft.	$1,424,116

Address	Redfin Estimate
47 Reed Street #45, Cambridge, MA 3 Beds \| 2.5 Baths \| 1248 Sq. Ft.	$1,245,982
29 Reed Street, Cambridge, MA 2 Beds \| 1 Baths \| 1316 Sq. Ft.	$1,100,913

Address	Redfin Estimate
41 Reed Street, Cambridge, MA 3 Beds \| 2 Baths \| 2235 Sq. Ft.	—
25 Reed Street, Cambridge, MA 5 Beds \| 3 Baths \| 2484 Sq. Ft.	$1,577,037

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