40 Summer St
Medford, MA, 02155
$849,000
This versatile property, currently configured as a two-family home, was originally a single-family residence and was converted in the 1980s. With a strong rental history, it presents an excellent investment opportunity while also offering tremendous potential for redevelopment. Ideal for a builder, contractor, or homeowner with a vision, the property could be renovated and restored to its original single-family layout. Conveniently located just a short distance from Tufts University, the Green Line Extension, shopping, restaurants, and major highway access, this property offers endless possibilities in a highly desirable location.
Current real estate data for Multi Family in Medford as of Oct 12, 2026
42
Multi Family Listed
69
Avg DOM
440
Avg $ / SqFt
$1,337,207
Avg List Price
Property Details
Price:
$849,000
MLS #:
73537617
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
tuftsuniversity
Listed Date:
Jun 17, 2026
Finished Sq Ft:
1,711
Total Sq Ft:
1,711
Lot Size:
3,792 sqft / 0.09 acres (approx)
Year Built:
1910
Units:
2
Schools
Interior
Above Grade Finished Area
1711
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Flooring
Wood
Interior Features
Living Room, Dining Room, Kitchen
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Private School, Public School, University, Sidewalks
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
2
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
2
Parking Total
2
Patio And Porch Features
Enclosed
Roof
Shingle
Stories
3
Window Features
Insulated Windows
Financial
Tax Year
2026
Taxes
$6,889
Map
Contact Us
Mortgage Calculator
Community
- Address40 Summer St Medford MA
- CityMedford
- CountyMiddlesex
- Zip Code02155
Subdivisions in Medford
Property Summary
- 40 Summer St Medford MA is a Multi Family for sale in Medford, MA, 02155. It is listed for $849,000 To schedule a showing of MLS#73537617 at 40 Summer St in Medford, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
40 Summer St
Medford, MA