Bring Your Vision to Union Square! Located at the end of a quiet dead-end street, 40 Horace St. presents an exciting opportunity for builders, developers, and investors. The property consists of two combined lots, features a driveway accommodating 4+ vehicles, and offers gas utilities. With potential for a multi-unit dwelling, this is an opportunity to explore development in a prime Somerville location. Close to major highways, shopping centers, world class restaurants, breweries, and between Union Square, Inman Squares, and East Cambridge. Plus, the newly built Boynton Yards is directly next door. Don’t miss your chance to unlock this property’s potential!
Ward Two, located between Union Square and Porter Square, is a residential and commercial Somerville neighborhood with triple-decker streetscapes and pocket parks. The neighborhood’s character concentrates around the Union Square Plaza and Somerville Avenue corridor, where indie cafes, small galleries, and chef-driven counters cluster beside longtime storefronts. Bow Market acts as a compact hub for local makers and food stalls in a courtyard setting. The Somerville Theatre adds marquee-lit culture a short walk away, pairing repertory film with live shows. Side streets mix late-19th-century wood-frame homes with brick apartment blocks, while the Community Path threads a bike-and-walk spine through the area. Seasonal programming at Union Square’s public spaces keeps the calendar active without changing the lived-in feel.
Provided by Walk Score and Local Logic
Offer insights
40 Horace St · $975,000
$1M and above
75% chance or better to win
Why $1M+ is a strong offer
DAYS ON MARKET
22 days
The average home goes pending in 23 days.
SALE-TO-LIST
100.6%
Most homes are selling 1% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Insulated windows
Walk-up attic
High-speed internet
Full, unfinished basement with bulkhead access
Bedrooms
Three bedrooms: one on the first floor and two on the second floor
Bathrooms
One full bathroom on the first floor
One half bathroom on the second floor
Kitchen
Range
Refrigerator
Laundry & utility
Laundry in the basement
Electric dryer hookup
Gas water heater
Flooring
Tile
Hardwood
Heating & cooling
Baseboard heating
Natural gas heating
Exterior features
Level lot
Fenced yard
Deck
Private hot tub/spa
Rain gutters
Storage
Home design
Single-family residence
Parking
Four off-street paved parking spaces
Construction
Frame construction
Concrete perimeter foundation
Shingle roof
Renovated since original construction
Utilities
Public water
Public sewer
200+ amp electrical service
Gas range hookup
Electric dryer hookup
HOA & community
Near public transportation, shopping, parks, walking and jogging trails, a bike path, a conservation area, highway access, houses of worship, a T station, and a university
Electricity and solar
View estimated energy costs and solar savings for this home
PRICE DROP!!!!Huge corner lot, single family good sized 4 bedroom, large kitchen, home on dead end street in Somerville-Minutes from green line and 93, minutes in walking distance to supermarket and local shops. Great location, HOUSE NEEDS WORK.
Year
Property tax
Land + Additions
Assessment*
2025
$10,404 (+5.8%)
$622,900 + $330,700
$953,600
2024
$9,838 (+4.9%)
$622,900 + $312,300
$935,200
2023
$9,379 (+7.4%)
$622,900 + $284,200
$907,100
2022
$8,736 (+5.9%)
$593,300 + $264,900
$858,200
2021
$8,249 (+6.0%)
$565,000 + $244,500
$809,500
2020
$7,783 (+6.0%)
$543,300 + $228,100
$771,400
2019
$7,344 (+5.4%)
$461,300 + $221,200
$682,500
2018
$6,965 (+8.1%)
$419,500 + $196,300
$615,800
2017
$6,445 (−2.4%)
$379,900 + $172,400
$552,300
2016
$6,605 (+6.2%)
$373,400 + $153,700
$527,100
2015
$6,222 (+15.6%)
$344,500 + $148,900
$493,400
2014
$5,381 (+8.5%)
$288,500 + $136,500
$425,000
2013
$4,960 (+11.3%)
$243,100 + $126,500
$369,600
2012
$4,455 (+4.9%)
$218,800 + $121,500
$340,300
2011
$4,245 (+3.4%)
$212,500 + $121,500
$334,000
2010
$4,107 (+4.7%)
$210,400 + $123,500
$333,900
2009
$3,922
$215,400 + $119,500
$334,900
Public record
Public record
Zoning
Permits
Beds
3
Baths
1.5
Stories
3
Lot width
—
Lot depth
—
Lot size
3,920 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,284
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,284
Year built
1900
Style
Single Family Residential
County
Middlesex County
APN
760676
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
NR
Neighborhood Residence District
To implement the objectives of the Comprehen Sive Plan of the City of Somerville.; To conserve already established areas of detached and semi-detached residential buildings.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Public service
Educational/school
Recreation
Feb 3, 2015 • Final
Electrical
Electrical
Sep 3, 2014 • Active
Building
Remove and replace windows with no structural changes.
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.
Local insights from Redfin agents
The densest city in New England and the birthplace of Marshmallow Fluff! Somerville will continue to be a competitive Seller's market due to limited new inventory. With many T stops, mixed-use spaces, and close proximity to Cambridge and Boston,...
Somerville’s vibrant community has seen a surge in outdoor activity, driven by the completion of the Community Path. The highly successful path connects to the Minuteman Bikeway, creating a route from Boston’s North End all the way to Bedford. Linked...