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Incredible opportunity to own a well-maintained three-family in a prime Medford location minutes from Tufts, Medford Square, and the Green Line Extension. Perfect for investors or owner-occupants, this property offers immediate cash flow and long-term upside. The first-floor unit has been fully renovated with two bedrooms, one bath, and an open layout. The second-floor unit mirrors the first and includes front and rear decks, with potential to convert into a three-bedroom for increased income. The third unit is a well-appointed one-bedroom, one-bath. Features include two garage spaces, three off-street parking spots, and separate metering for all units. Solid rental history. Easy access to public transit, I-93, and area amenities makes 124 Grant Ave a smart buy in one of Greater Boston’s most accessible and appreciating neighborhoods.
Current real estate data for Multi Family in Medford as of Oct 15, 2025
24
Multi Family Listed
45
Avg DOM
485
Avg $ / SqFt
$1,424,008
Avg List Price

Property Details

Price:
$1,649,000
MLS #:
73432902
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Sep 18, 2025
Finished Sq Ft:
3,203
Total Sq Ft:
3,203
Lot Size:
6,136 sqft / 0.14 acres (approx)
Year Built:
1900
Units:
3
MpsMpsMps

Schools

Elementary School:
Mps
Middle School:
Mps
High School:
Mps

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Tile, Hardwood
Heating
Forced Air, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
Construction Materials
Frame
Parking Features
Paved Drive
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$86,700
Tax Year
2025
Taxes
$10,010

Map

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Community

Property Summary

    124 Grant Ave Medford MA is a Multi Family for sale in Medford, MA, 02155. It is listed for $1,649,000 To schedule a showing of MLS#73432902 at 124 Grant Ave 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 James
124 Grant Ave
Medford, MA