Active
4 Days on market
124 Grant Ave Medford — Photo 1 of 27

124 Grant Ave Medford — Photo 1 of 27

$1,375,000

Investment Analysis — 124 Grant Ave

Medford, MA 02155

Based on rent reported on the MLS listing, a 3-unit multi-family in 02155 carries $7,500/mo in gross rent — about a 4.15% cap rate and $57,006/yr in estimated NOI at the $1,375,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

3,203

Style

3 Family - 3 Units Up/Down

Built

1900

Incredible opportunity to own a well-maintained three-family in a prime Medford location, just minutes from Tufts, Medford Square, and the Green Line Extension. Ideal for investors or owner-occupants, this property offers strong rental history, immediate cash flow, and long-term upside. The first-floor unit has been fully renovated with 2 bedrooms, 1 bath, and an open layout. The second-floor unit offers a similar layout with front and rear decks. The third unit features 1 bedroom and 1 bath. Additional highlights include 2 garage spaces, 3 off-street parking spaces, and separate utilities/meters. Convenient access to public transportation, I-93, and local amenities makes 124 Grant Ave an excellent investment in one of Greater Boston's most desirable and accessible locations.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$1,375,000
Annual Taxes$11,394

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms14
FireplacesNone
FlooringHardwood
BasementFull, Unfinished

Climate & Utilities

Heating--
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningGR

Property & Lot

Acres0.14
SqFt Lot6,136
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Property History

Listed
$1,375,000

Sep 8, 2026

MLS® 73573341

Expired
$1,495,000

Mar 19, 2026

MLS® 73459539

Listed
$1,495,000

Dec 3, 2025

MLS® 73459539

Terminated
$1,649,000

Nov 24, 2025

MLS® 73432902

Expired
$2,350

Oct 1, 2025

MLS® 73421175

Listed
$1,649,000

Sep 18, 2025

MLS® 73432902

Listed
$2,350

Aug 21, 2025

MLS® 73421175

Terminated
$1,645,000

Jul 8, 2025

MLS® 73374470

Listed
$1,645,000

May 14, 2025

MLS® 73374470

Listing Provided By

Listing Agent: Christopher Gianatassio

Listing Office: CDG Realty Group

MLS® Number: 73573341