MLS #73479799 image #0
Contractors, flippers, and developers—this is the value-add you’ve been waiting for. Prime Medford location with serious upside potential. This legal two-family is ready for a full gut renovation but offers strong returns for the right buyer. The large finished third floor adds meaningful square footage and future ARV appeal. Unit 1 features gas forced air heat; Unit 2 is oil forced air and currently tenant-occupied. Some water pipes are leaking. Estate sale subject to seller obtaining license to sell. Property sold AS IS. Sellers prefer a quick closing. Bring your contractor, your vision, and your calculator—this one will pay dividends. Open Houses Thursday, Saturday, and Sunday 12:00–1:30 PM. Estate sale subject to seller obtaining license to sell.
Current real estate data for Multi Family in Medford as of Mar 09, 2026
11
Multi Family Listed
47
Avg DOM
481
Avg $ / SqFt
$1,169,526
Avg List Price

Property Details

Price:
$799,900
MLS #:
73479799
Status:
Pending
Beds:
7
Baths:
3
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Feb 24, 2026
Finished Sq Ft:
2,583
Total Sq Ft:
2,583
Lot Size:
5,459 sqft / 0.13 acres (approx)
Year Built:
1900
Units:
2

Schools

Interior

Appliances
Range
Bathrooms
3 Full Bathrooms
Flooring
Vinyl, Hardwood
Heating
Forced Air, Natural Gas, Oil
Laundry Features
Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Sidewalks
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
5
Roof
Asphalt/Composition Shingles

Financial

Net Operating Income
$20,400
Tax Year
2025
Taxes
$8,651

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Property Summary

    59 Myrtle St Medford MA is a Multi Family for sale in Medford, MA, 02155. It is listed for $799,900 To schedule a showing of MLS#73479799 at 59 Myrtle 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 James
59 Myrtle St
Medford, MA