
124 Forest St Medford — Photo 1 of 29
$1,450,000
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.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Medford, MA.
Washer • Dryer
Jul 9, 2026
MLS® 73547016
Jul 31, 2025
MLS® 73385948
Jun 5, 2025
MLS® 73385948
61,730
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$130K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
46.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
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)
Listing Agent: Jason Pan
Listing Office: Midtown Properties, Inc.
MLS® Number: 73547016





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