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Andrew Goldberg

I'm Andrew Goldberg, a Boston real estate advisor specializing in first-time buyers across Greater Boston. I guide you A to Z—from first search to closing day.

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Commonwealth Standard Realty Advisors

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Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 124 Forest St, Medford, MA 02155
Active
49 Days on market
124 Forest St Medford — Photo 1 of 29

124 Forest St Medford — Photo 1 of 29

$1,450,000

124 Forest St, Medford, MA 02155

Medford, MA 02155

Beds

6

Baths

3

SqFt

3,797

Style

3 Family

Built

1920

Set in West Medford just 1.4 miles (a 5-minute drive) from Tufts' Tisch Library, this income-producing three-family sits on a generous 14,506 SF of land (two parcels, including a 6,006 SF accessory lot) and blends 1920s character with updates. The first-floor unit spans two levels into a finished lower level with two full baths and in-unit laundry. Two upper units each offer three rooms, a full bath, and flexible space, sharing basement laundry. Inlaid hardwoods, carved mantels, leaded glass, and bay windows run throughout, and the first floor features a refreshed kitchen with stainless appliances. Gas hot-water heat, covered front porch, and level yard, plus a multi-car driveway with added parking-income potential. Now producing about $9,200/month, with two units utility-inclusive. The oversized double-lot offers potential for an additional dwelling or single-family building site—subject to City zoning approval and due diligence. Commuter rail, dining, and Boston routes are close by.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$382/sqft
Local Avg (Medford)$458/sqft
17% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Medford, MA.

Property Details

Financials

Original Price$1,450,000
Annual Taxes$10,165

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms12
Fireplaces2
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationOther
ZoningSF1

Property & Lot

Acres0.33
SqFt Lot14,506
Lot FeaturesLevel

Amenities & Appliances

Washer • Dryer

Geography

Property History

Listed
$1,450,000

Jul 9, 2026

MLS® 73547016

Terminated
$1,399,000

Jul 31, 2025

MLS® 73385948

Listed
$1,399,000

Jun 5, 2025

MLS® 73385948

Population

61,730

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$130K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

46.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Medford, MA market report ZIP 02155 market data
Listing Provided By

Listing Agent: Jason Pan

Listing Office: Midtown Properties, Inc.

MLS® Number: 73547016

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