For Sale

43 Wright Ave, Medford, MA

Medford · MA 02155

$2,000,000
Price
11
Beds
12
Baths
5068
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1964
Units: 2 Units
Lot size: 4,050 Sq.Ft Lot
Price per square foot: $395 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

An Exceptional Multi-family Investment Opportunity just minutes from Tufts University and I-93 in Medford. Spanning 4,445 square feet, 43 Wright Avenue features two substantial residences totaling 11 bedrooms, 11 full bath and two half bathrooms, multiple decks, private outdoor space for each unit, and off-street parking. The property boasts a strong rental history, with previous combined monthly rents of $13,800. Both units showcase walnut-stained oak floors, recessed lighting, and stylish kitchens with speckled quartz countertops, blue tile backsplashes, peninsula seating, pendant lighting, and stainless steel appliances. An exceptional bedroom-to-bathroom ratio provides added privacy, while in-unit laundry and central air conditioning offer modern convenience. Unit 1 features six bedrooms and 6.5 bathrooms and was recently rented for $6,500 per month; Unit 2 offers five bedrooms and 5.5 bathrooms and was recently rented for $7,300 per month. Multiple decks provide inviting spaces for outdoor dining and relaxation, complemented by landscaped grounds, mature greenery, and a classic Medford stone wall. Ideally located near Tufts University and the Green Line Extension, the property offers convenient access to Assembly Row, downtown Boston, shopping, and local favorites including Bob’s Italian Foods and Great American Beer Hall. A compelling opportunity to acquire a well-maintained multifamily property with an attractive rental history, university-area appeal, and potential for future income growth.

Neighborhood & Transit

43 Wright Ave, Medford · MA 02155

Nearby transit

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

  • Ball Square Green 0.49 mi

Price Insight

Days on Market:
33 days
Listing Price:
$2,000,000
Price per Sq.Ft:
$395
Tax Assessment:
$1,464,900 in 2027
Taxes:
$1,095 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
11
Half Bathrooms
2
Living Area
5,068 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4032
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
4,050 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Fiber Cement Siding
Roof
Unknown

Green Features

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

Listing information

Listing agent
Currier, Lane & Young
Listing office
Compass
MLS PIN #
73585752
Disclosure
There are two refrigerators in each kitchen. Unit 2's hot water heater and gas meter are currently located in Unit 1’s lower level. Recently unit 1 rented for $6,500 and Unit 2 rented for $7,300