For Sale

124 Forest St, Medford, MA

Medford · MA 02155

$1,450,000
Price
6
Beds
3
Baths
3700
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 3 Units
Lot size: 0.33 Acre Lot
Price per square foot: $392 / Sq.Ft
Parking: 6 Off Street Spaces

About this home

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.

Neighborhood & Transit

124 Forest St, Medford · MA 02155

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
117 days
Listing Price:
$1,450,000
Price per Sq.Ft:
$392
Tax Assessment:
$1,181,400 in 2026
Taxes:
$847 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,700 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Calculated from architect existing plan from 2016. All dimensions are approximate.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3100
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
14,506 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jason Pan
Listing office
Midtown Properties, Inc.
MLS PIN #
73547016
Disclosure
Calculated from architect existing plan from 2016. All dimensions are approximate.