Magoun Square Real Estate

Magoun Square Real Estate

Welcome to Magoun Square, a vibrant and charming neighborhood nestled in the heart of Somerville, Massachusetts. Known for its rich history and diverse community, Magoun Square offers an inviting blend of urban convenience and suburban charm. This thriving area is characterized by its tree-lined streets, local shops, and an eclectic mix of dining options that cater to a variety of tastes.

One of the standout features of Magoun Square is its accessibility. With easy access to public transportation, including the nearby Alewife station on the Red Line, residents can effortlessly commute to Boston and beyond. This makes it an ideal location for professionals and families alike who desire the hustle and bustle of city life while enjoying the comforts of a close-knit community.

The square itself is a hub of activity, featuring an array of local businesses, from cozy coffee shops to trendy restaurants. Whether you’re in the mood for a casual brunch or an evening out with friends, Magoun Square has something for everyone. The neighborhood also hosts community events throughout the year, fostering a sense of camaraderie among residents.

For those who appreciate outdoor spaces, nearby parks and green areas provide the perfect backdrop for leisurely strolls, picnics, and recreational activities. The vibrant arts scene, complemented by local galleries and performance spaces, adds an extra layer of cultural richness to this already dynamic area.

In Magoun Square, you’ll find a unique blend of history, community spirit, and modern conveniences, making it an exceptional place to call home. Discover the charm of this hidden gem in Somerville, where every street has a story and every corner holds a new adventure.

Newest Listings in Magoun Square

$999,000
2 Beds 3 Baths 73573833 MLS ['181 Cedar Street Condominium'] BLDG.
Modern Somerville living meets private sanctuary in this thoughtfully designed two-bedroom condo. Step through your exclusive side entrance onto a generous 9x15 deck—your personal retreat steps away from vibrant Porter, Davis, and Magoun Squares. Inside, afternoon light floods the open-concept living and dining areas, where a corner gas fireplace invites cozy winter gatherings. The kitchen shines with freshly installed quartzite countertops and an induction cooktop, anchored by a charming breakfast nook. Both bedrooms maximize efficiency with smart storage: the primary features a walk-in closet, large window, and en-suite bath; the second offers built-in shelving and double-width closet. Three full bathrooms serve the unit seamlessly. Tall ceilings and sound-proofing create comfort throughout. Downstairs, a spacious family room opens for flexible living—perfect for guests and a home office or gym in the 12x10 finished storage room. Nest Thermostats, on demand hot water and LED lighting enhance efficiency. Assigned parking adjacent to your patio, plus bike storage in common areas. The Community Path and Trum Field offer endless fresh-air adventures. This is urban living reimagined: privacy, space, and city energy all yours.One pet allowed under 100 lbs. Owner occupied residential exemption FY2026 $416,961 (saving you up to $4,578 per year).

181 Cedar St Unit 2, Somerville

Listing courtesy of Listing Agent: Juliet Blau Jenkins from Listing Office: Leading Edge Real Estate.

$360,000
1 Baths 73573596 MLS
A rare find in Somerville, this efficient top-floor studio+ is located mere blocks from the energy of Magoun Square and the convenience of the Green Line. The space has been thoughtfully refreshed to provide a move-in-ready experience for a first-time home-buyer, investor, or someone seeking an urban pied-à-terre. High ceilings and a deep bay window draw in natural light and make the space feel larger, and the enclosed room off the living area offers options for a home office or cozy sleeping nook. The kitchen was updated with crisp white cabinets, countertops, and backsplash, and incorporates a convenient in-unit washer/dryer combo. The bathroom was also upgraded with modern fixtures. With durable new flooring and replacement windows throughout, this home is a smart, low-maintenance entry point into one of the area’s most sought-after markets. As an owner-occupant with a residential tax exemption, FY26 taxes would have been a jaw-dropping $351/year, while investors will easily cover expenses with a solid rental history in the building—this unit was most recently rented for $2350/month. Very conveniently located .25 mile to Magoun Square restaurants, CVS, shops; .3 mile to Magoun Square Green Line station and recently improved and extended Somerville Community Path, Trum Field, and dog parks. Davis Square is just over one mile away on the Community Path, Tufts is one mile, and Ball Square is .5 mile. Easy access to I-93 into Boston.

58 Hinckley St Unit 3, Somerville

Listing courtesy of Listing Agent: Liz & Ellie Local from Listing Office: Compass.

$3,800,000
7 Baths 73567685 MLS
Gibson Commercial is introducing a 7-unit Mixed use property, located at 497 Broadway, Somerville, Ma. Thie property is a generational asset ,with single owner for decades , in Magoun Sq. The mixed-use property consists of 4 residential units and 3 commercial street level units. The property is 100% occupied. The property offers quality stable tenants with potential for additional revenue via market increases, in line with location and local developments in the adjacent area. The building has been impeccably maintained , eliminating capital ex requirements Magoun Sq is a prime location for multifamily and mid-rise investors , in the thriving Somerville market, the area offers an appealing blend of cultural amenities, vibrant entertainment, and convenient transportation options. With its strategic position in this sought-after location, 497 Broadway presents a promising investment prospect for those seeking to capitalize on dynamic appeal and growth potential. Magoun Square is one of Somerville’s more understated neighborhood centers. Centered at the convergence of Broadway, Medford Streets, and the nearby Green Line Extension Station, the area blends older multi-family homes, local restaurants, corner businesses, and easy access to neighboring Davis, Ball, Spring Hill, sections of Somerville. It is steps away from bordering Medford. A walkable, transit-connected neighborhood with a low-key local feel. Magoun Square is becoming more connected while keeping a lived-in, local character. The arrival of the MBTA Green Line Extension has made the area much easier to reach by transit, for commuters heading toward Cambridge, downtown Boston, or Tufts, and other Somerville and Medford neighborhoods. The station at Magoun Square adds a major convenience factor, though the neighborhood still retains a quieter rhythm than some of Somerville’s better-known squares. The side streets are residential, with a mix of older homes, condominiums, apartments, and multifamily buildings that give the area a familiar Somerville look and feel.

497 Broadway, Somerville

Listing courtesy of Listing Agent: Albert Bouchie from Listing Office: .

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