$849,000
40 Summer St
Medford, MA, 02155
This versatile property, currently configured as a two-family home, was originally a single-family residence and was converted in the 1980s. With a strong rental history, it presents an excellent investment opportunity while also offering tremendous potential for redevelopment. Ideal for a builder, contractor, or homeowner with a vision, the property could be renovated and restored to its original single-family layout. Conveniently located just a short distance from Tufts University, the Green Line Extension, shopping, restaurants, and major highway access, this property offers endless possibilities in a highly desirable location.
Property Details
Price:
$849,000
MLS #:
73537617
Status:
Pending
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
tuftsuniversity
Listed Date:
Jun 17, 2026
Finished Sq Ft:
1,711
Total Sq Ft:
1,711
Lot Size:
3,792 sqft / 0.09 acres (approx)
Year Built:
1910
Units:
2
Schools
Interior
Above Grade Finished Area
1711
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Flooring
Wood
Interior Features
Living Room, Dining Room, Kitchen
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Private School, Public School, University, Sidewalks
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
2
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
2
Parking Total
2
Patio And Porch Features
Enclosed
Roof
Shingle
Stories
3
Window Features
Insulated Windows
Financial
Tax Year
2026
Taxes
$6,889
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 Nov 08, 2026
40
Multi Family Listed
65
Avg DOM
407
Avg $ / SqFt
$1,342,249
Avg List Price
Community
- Address40 Summer St Medford MA
- CityMedford
- CountyMiddlesex
- Zip Code02155
Subdivisions in Medford
Similar Listings Nearby
Property Summary
- 40 Summer St Medford MA is a Multi Family for sale in Medford, MA, 02155. It is listed for $849,000 To schedule a showing of MLS#73537617 at 40 Summer St in Medford, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate. 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.
40 Summer St
Medford, MA