823 Main Street Unit 9, Cambridge, MA 02139
One income-restricted home for sale in Cambridge, with 1 bedroom, for households earning up to 80% of the area's median income.
- Type of listing
- For sale
- Price
- $225,000
- Deadline
- No deadline
- How you get in
- First come
- How to apply
- By mail or in person
- Listing page
- mymasshome.org ↗
Cost and eligibility
| Size | Price | Yearly income To buy the home, your whole household's yearly income before taxes must be at least the amount on its row. The most you can earn depends on your household size, and the official listing shows it. Every home here is for incomes up to 80% of the area's median income: half of households there earn more, half less. | Homes |
|---|---|---|---|
| 1 bedroom | $225,000 | At least $57,600 | 1 |
Asset limit
$100,000 in liquid assets, with a higher limit for some households
Deposit
$1,000, due within 3 business days of accepting the home
Other costs
Condominium fee: $250 each.Estimated property taxes: $1,120 each.Estimated homeowner's insurance: $45 a month.Estimated monthly cost is $1,936, including mortgage, condo fee, taxes and insurance.
Criteria
Open to
First-time home buyers
Income rules
The resale pool's minimum income is $57,600 for 1 person and $65,850 for 2 people.
Income limits
| Household | Maximum income The most your whole household can earn in a year, before taxes. |
|---|---|
| 1 person | $96,000 |
| 2 people | $109,700 |
Other rules from the listing
- Must have a mortgage pre-approval for a 30-year fixed-rate loan.
- Housing costs can be no more than 33% of your gross monthly income.
How applicants are ranked
Priority for this home: Cambridge residents who need its accessibility features (medical provider proof).
| Reason | Points |
|---|---|
| Lives in Cambridge | 4 |
| Lives elsewhere but works full-time in Cambridge | 1 |
How to apply
By mail
Cambridge Housing Department
344 Broadway, 3rd Floor
Cambridge, MA 02139Ask about the resale pool.
344 Broadway, 3rd Floor
Cambridge, MA 02139Ask about the resale pool.
In person
Cambridge Housing Department, 344 Broadway, 3rd Floor, Cambridge, MA 02139
Documents you'll need
- Pay stubs for every working household member: 4 for weekly pay or 2 for biweekly or twice-monthly pay
- Or an employer letter stating yearly salary
- Most recent federal tax return with all W-2
- 1040 and 1099 forms
- For every household member 18 or older who is not a dependent
- Three months of statements for every bank
- Savings
- Money market and investment account
- And the latest quarterly retirement statement
- If self-employed: last two years of federal tax forms with all schedules
- And an income and expense statement
- Statement of No Income form for each adult with no income who is not a full-time student
- Letter from the school showing enrollment for each full-time student 18 or older
- Photocopy of a birth certificate for each household member under 18
- If you live in Cambridge: proof of residency
- Such as a lease or utility bill plus a Massachusetts ID or tax return
Forms
Next steps
- When a home opens, chosen applicants get a video tour and open house details by email and mail.
- If you want it, send an offer form, updated income and asset papers and a mortgage pre-approval by the offer deadline.
- The top-ranked eligible applicant signs a Letter of Intent and pays a $1,000 deposit within 3 business days.
Contact
Details
Run by
Good to know
Limited-equity home: its value can rise only a set amount each year, and the City has the right to buy when you sell.It must be your only home, and it can't be rented.The asset limit is $200,000 for some senior and disabled households.
Last checked
Oct 22, 2026
Map
Other open listings in Cambridge
- 1648-1654 Massachusetts AveIncome-restricted rental · First come · $2,725–$2,875 a month · Open now
- 929 MassIncome-restricted rental · Waitlist · $2,364–$2,957 a month · Open now
- Cambridge Homeownership Resale PoolHome for sale · Waitlist · Open now
- Cambridge Inclusionary Rental Applicant PoolIncome-restricted rental · Waitlist · About 30% of your income · Open now
- Cambridge Middle-Income Rental ProgramIncome-restricted rental · Waitlist · About 30% of your income · Open now
- Walden SquareIncome-restricted rental · First come · $1,861–$2,878 a month · Open now