$1,499,000
87-89 Spring Street
Medford, MA, 02155
Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 1 two-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.
Property Details
Price:
$1,499,000
MLS #:
73500616
Status:
Pending
Beds:
9
Baths:
5
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Apr 14, 2026
Finished Sq Ft:
3,388
Total Sq Ft:
3,388
Lot Size:
4,223 sqft / 0.10 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Above Grade Finished Area
3388
Bathrooms
5 Full Bathrooms
Levels
5
Exterior
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street, On Street
Parking Spots
3
Parking Total
3
Stories
5
Financial
Tax Year
2025
Taxes
$7,630
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Medford as of Jul 17, 2026
37
Multi Family Listed
53
Avg DOM
447
Avg $ / SqFt
$1,226,881
Avg List Price
Community
- Address87-89 Spring Street Medford MA
- CityMedford
- CountyMiddlesex
- Zip Code02155
Subdivisions in Medford
Similar Listings Nearby
Property Summary
- 87-89 Spring Street Medford MA is a Multi Family for sale in Medford, MA, 02155. It is listed for $1,499,000 To schedule a showing of MLS#73500616 at 87-89 Spring Street in Medford, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Compass. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
87-89 Spring Street
Medford, MA