$1,450,000
124 Forest St
Medford, MA, 02155
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. 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:
3,797
Total Sq Ft:
3,797
Lot Size:
14,506 sqft / 0.33 acres (approx)
Year Built:
1920
Units:
3
Schools
Interior
Above Grade Finished Area
2821
Appliances
Washer, Dryer
Bathrooms
3 Full Bathrooms
Below Grade Finished Area
976
Fireplaces Total
2
Levels
3
Exterior
Lot Features
Level
Open Parking Spaces
6
Parking Spots
6
Parking Total
6
Stories
3
Financial
Tax Year
2026
Taxes
$10,165
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…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Medford as of Jul 12, 2026
36
Multi Family Listed
52
Avg DOM
446
Avg $ / SqFt
$1,242,519
Avg List Price
Community
- Address124 Forest St Medford MA
- CityMedford
- CountyMiddlesex
- Zip Code02155
Subdivisions in Medford
Similar Listings Nearby
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.
Courtesy of Midtown Properties, Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
124 Forest St
Medford, MA