501/332 Franklin Street

Off Market

501/332 Franklin Street

Cambridge MA 02139

1083 sq. ft.

4945 sq. ft.

Condo

Last sold for $770,000

Deb Basu, last sold this property on 22 October 2026 after 96 days on market.

Overview

PRICE IMPROVEMENT!! A RARE VALUE-ADD INVESTMENT / EQUITY-BUILDING OPPORTUNITY IN PRIME CAMBRIDGE. This east-facing 2-bedroom, 2-bath unit in the highly desirable Cyrus Fellows condo flooded with natural morning light and fifth floor elevated privacy. This property presents a rare opportunity for investors, contractors, or end-users to secure immediate upside and build equity in one of the most desired neighborhoods in Central Square, Cambridge.PROPERTY HIGHLIGHTS:Spacious Open-Concept Layout: The apartment features rich hardwood floors, a cozy wood fireplace, large windows, a private balcony with city views.Functional 2BD/2BA Floor Plan: The primary suite has an en-suite full bath, and ample closet space. The second bedroom offers a walk-in closet—an ideal layout for maximum rental return, roommates, or a home-office configuration.Essential Modern Conveniences: In-unit washer and dryer, forced-air heating, individually controlled in-wall heating and cooling units, elevator access, and a private storage locker.Deeded Garage Parking: Includes a coveted deeded garage parking space in a high-density neighborhood where parking commands a premium.Professionally managed, pet-friendly condominium association.Rentals permitted—capitalize on strong, continuous tenant demand driven by surrounding academic and biotechnology hubs. Offered firmly as is. UNBEATABLE RIVERSIDE LOCATION:Nestled between Harvard University and MIT, very close to Central Square, the MBTA Red Line, the Charles River, and an array of world-class dining, cafes, and parks. Exceptional Walk and Bike scores make this a prime location for urban professionals and students alike.Bring your design ideas and tap into instant equity in the heart of Cambridge!

Features

2 bedrooms

2 bathrooms

2 carspaces

1 open car space

1 garage space

1083 sq. ft. floor area

4945 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Cambridge over the last 12 months, the estimated median property value of 501/332 Franklin Street is $900.4k.

Median value

$900.4k

Estimated value range

$507.76k - $2.06m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Cambridge. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 501/332 Franklin Street

2026

Sold

$770,000

22 Oct 2026 by Deb Basu

Happy sellers in Cambridge

We have insufficient information to provide an overview of customer satisfaction for Cambridge. Viewing the agent profiles, reviews and sales for Cambridge can provide insights for this location.

Local market activity for 2 bedroom condos in Cambridge

In the last 12 months, 74 two-bedroom condos similar to 501/332 Franklin Street, have been sold.

This represents a 16% decrease in two-bedroom condos sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Cambridge for a market analysis.

Laura Palumbo-Hanson

at Gibson Sotheby's International Realty

(2 reviews)

Get a market analysis

John J Dean Jr

at Engel & Völkers Boston

(57 reviews)

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Hans Nagrath

at Compass

(1 review)

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David Lilley

at REMAX Real Estate Center | Jamaica Plain

(1 review)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Cambridge

Laura Palumbo-Hanson

Laura Palumbo-Hanson is a recommended agent for Cambridge. They have 1 local sale and collected 2 local reviews across the last 12 months.

5 (2 reviews)
2 Reviews in Cambridge
1 Sale in Cambridge

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John J Dean Jr

Sellers who recommend John J Dean Jr have praised them for being local expert, responsive, clear communication, patient, honest, well-connected, and great negotiation