124 Forest St Medford MA 02155 | MLS #73547016

124 Forest St
Medford, MA, 02155
$1,450,000
6 Beds
3 Baths
3,700 SqFt
0.33 Acres
$1,450,000
124 Forest St
Medford, MA, 02155
MLS #73547016 image #0
Set in West Medford just 1.4 miles (a 5-minute drive) from Tufts’ Tisch Library, this income-producing three-family sits on a generous 14,506 SF of land (two parcels, including a 6,006 SF accessory lot) and blends 1920s character with updates. The first-floor unit spans two levels into a finished lower level with two full baths and in-unit laundry. Two upper units each offer three rooms, a full bath, and flexible space, sharing basement laundry. Inlaid hardwoods, carved mantels, leaded glass, and bay windows run throughout, and the first floor features a refreshed kitchen with stainless appliances. Gas hot-water heat, covered front porch, and level yard, plus a multi-car driveway with added parking-income potential. Now producing about $9,200/month, with two units utility-inclusive. The oversized double-lot offers potential for an additional dwelling or single-family building site—subject to City zoning approval and due diligence to verify including all approximate dimensions. Commuter rail, dining, and Boston routes are close by.

Property Details

Price:
$1,450,000
MLS #:
73547016
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Jul 9, 2026
Finished Sq Ft:
3,700
Total Sq Ft:
3,700
Lot Size:
14,506 sqft / 0.33 acres (approx)
Year Built:
1920
Units:
3

Schools

Interior

Above Grade Finished Area
3100
Appliances
Washer, Dryer
Bathrooms
3 Full Bathrooms
Below Grade Finished Area
600
Fireplaces Total
2
Levels
3

Exterior

Lot Features
Level
Open Parking Spaces
6
Parking Spots
6
Parking Total
6
Stories
3

Financial

Net Operating Income
$70,895
Tax Year
2026
Taxes
$10,165
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Medford as of Oct 17, 2026
43
Multi Family Listed
60
Avg DOM
429
Avg $ / SqFt
$1,329,513
Avg List Price

Community

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Property Summary

    124 Forest St Medford MA is a Multi Family for sale in Medford, MA, 02155. It is listed for $1,450,000 To schedule a showing of MLS#73547016 at 124 Forest St in Medford, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
124 Forest St
Medford, MA