7-9 Second St Medford — Photo 1 of 42
Recent Drop: $149,900
$1,850,000
Investment Analysis — 7-9 Second St
Medford, MA 02155
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 02155 carries an estimated $10,400/mo in gross rent — about a 3.93% cap rate and $72,648/yr in estimated NOI at the $1,850,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
4.5
SqFt
3,718
Style
3 Family
Built
1912
Seller offering rate buy down!! Tremendous 3 unit opportunity for savvy investors in Medford—this fully renovated two-family property showcases Medford’s first detached ADU, delivering exceptional flexibility and income potential. Unit 1 features a flexible bi-level layout with 2 bedrooms and 1 bath on the main level, plus a finished lower level offering an additional bedroom, full bath, and versatile media rooms. Unit 2 occupies the upper floor with 2 bedrooms, a dedicated office, and 1 bath. The brand-new ADU offers 2 bedrooms and 1.5 baths, ideal for owner-occupancy or premium rental income. There is also the opportunity to convert the finished basement into a fourth rentable unit.With all-new systems—including central AC—and high-quality finishes throughout, this turnkey property is perfectly positioned in a prime Medford location. Just minutes from Assembly Row—featuring premier shopping, dining, and entertainment—and offering easy access to the Orange Line and I-93, plus off-street parking, this won't last!
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 MLS and other third-party data may be inaccurate or out of date.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.
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Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
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Property History
$1,850,000
Was $1,899,000
Aug 23, 2026
MLS® 73512748
$1,899,000
Was $1,950,000
Jul 29, 2026
MLS® 73512748
$1,950,000
Was $1,999,900
Jul 6, 2026
MLS® 73512748
$1,999,900
May 5, 2026
MLS® 73512748
$950,000
Sep 26, 2024
MLS® 73285780
$925,000
Sep 5, 2024
MLS® 73285780
Listing Agent: Jacqui Webb
Listing Office: Berkshire Hathaway HomeServices Warren Residential
MLS® Number: 73512748
