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Terrific multi-family in an unbeatable location—just moments from the Orange Line, Station Landing, and vibrant Assembly Row. Whether you’re looking for a strong income-producing property, a place to grow some equity or a versatile home for multi-generational living, this one checks all the boxes! Features include open plan with a great layout, two plus bedrooms per unit, with room to work from home. Both units are spacious, with hardwood floors, built ins and decks for relaxing. The garden is a blank slate and awaits your ideas. The off-street parking is great, with a two-car garage and plenty of driveway space. Systems are newer, first floor is on demand water and heat, second floor has a newer system and oil tank, for peace of mind. The third floor is finished, spacious and offers a large open space, a private office/guest space, plus a full bath, excellent potential to add value. A smart choice for investors or owner-occupants alike with easy access to Boston and Cambridge.
Current real estate data for Multi Family in Medford as of Oct 07, 2025
20
Multi Family Listed
42
Avg DOM
486
Avg $ / SqFt
$1,433,610
Avg List Price

Property Details

Price:
$975,000
MLS #:
73438820
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Oct 2, 2025
Finished Sq Ft:
3,051
Total Sq Ft:
3,051
Lot Size:
4,510 sqft / 0.10 acres (approx)
Year Built:
1925
Units:
2
McglynnMcglynn/andrewsMhs

Schools

Elementary School:
Mcglynn
Middle School:
Mcglynn/Andrews
High School:
Mhs

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
None, Window Unit(s)
Flooring
Wood, Tile, Carpet
Heating
Natural Gas, Unit Control, Baseboard, Steam, Oil
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Public School, T-Station
Construction Materials
Frame
Exterior Features
Balcony/Deck, Garden, Stone Wall
Parking Features
Paved Drive, Off Street
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$30,000
Tax Year
2025
Taxes
$9,024

Map

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Community

Property Summary

    547 – 549 Riverside Avenue Medford MA is a Multi Family for sale in Medford, MA, 02155. It is listed for $975,000 To schedule a showing of MLS#73438820 at 547 – 549 Riverside Avenue 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
547 – 549 Riverside Avenue
Medford, MA