3 Family at 124 Forest St, Medford MA 02155, Medford
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30 photos

$1,450,000

124 Forest St, Medford MA 02155
Medford, MA 02155
Listed by Jason Pan
Bedrooms
6
Bathrooms
3
Living area
3,700 sqft
Year built
1920

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.

Highlights

Fireplace

Property details

MLS #
73547016
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
77
On market date
July 9, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
6
Lot size
0.33 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Milton Fuller Roberts
0.41 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
517
Student:teacher ratio
12.6:1
District
Medford
Middle
Madeleine Dugger Andrews
0.91 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
458
Student:teacher ratio
10.7:1
District
Medford
High
Medford High
1.03 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,207
Student:teacher ratio
9.7:1
District
Medford

Walkability

Blended score for Medford's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

79
Walkable
out of 100
EPA National Walkability Index
12.8 / 20 -- Above average walkable
Nearby-amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks20
Schools15
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Medford, from live MLS data.

On the market 77 days -- 2 fewer days than Medford's current average of 79 days.
For reference, the median list price across 528 active listings in Medford right now is $8,000.

Mortgage calculator

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Est. monthly payment
$8,882/mo
$290,000 down
$1,160,000 loan
Principal & interest$7,524
Property tax (est.)$1,208
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 22 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.