131 Yale St, Medford MA 02155

Medford, MA 02155
$1,240,000
Est. $6,600/month
5
Beds
2
Baths
2,016
Sq Ft
$615
Price/Sq Ft
0.18
Acres
1900
Year Built
Multi Family
Type
6
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73270552

About this home

Nestled in the heart of a prime Tufts University location, this expansive two-family home beckons with promise and offers an oversized lot. Investors keen on the rental market will appreciate the dual-income potential that a two-family home brings. With the demand for rental properties in proximity to educational institutions, this residence could serve as a lucrative source of income. An oversized two family with this much space, in one of the most desirable areas of Medford, does not come along very often. The close proximity to all the shops & restaurants that Medford & Somerville has to offer is ideal for any homeowner & having Tufts University directly across the street is a landlord's dream! Both units boast large eat in kitchens, charming built-ins & plenty of storage, off street parking, steps to the new Green Line & an oversize backyard and adjacent lot makes this the best deal in Medford.

Sale Statistics

Sale Overview
Original List Price: $1,100,000
Final Sale Price: $1,240,000
Difference: +$140,000 (+12.7%)
Performance Metrics
112.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $546
Sale $/sq ft: $615
This property sold for $615 per square foot
Sale Summary

This property sold for 12.7% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,016 sq ft
Total Rooms
11
Stories
2
Levels
2

Interior Features

Flooring
Wood
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator
Interior Features
Living Room, Dining Room, Kitchen
Basement Details
Full, Unfinished

Exterior & Structure

Foundation
Block
Patio/Porch Features
Porch, Enclosed
Fencing
Fenced/Enclosed
Has Spa
No
Pool Features
Above Ground
Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,939 sq ft
Lot Size Area
0.1800
Lot Features
Corner Lot

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
8
Parking Features
Paved Drive, Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service, 200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, T-Station, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,810
Tax Year
2024
Tax Assessed Value
$799,300
Parcel Number
M:V08 B:0087,644652
Zoning
RES

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Public records has address as 131 Yale but deed also shows 129 -131 Yale. Pool will stay
Exclusions
2nd Floor Refrigerator , Washer, Dryer Not Included

Location

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Neighborhood

131 Yale St, Medford MA 02155

Medford, MA 02155

Walkability

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Schools

High School
Medford
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $568
Homeowners Insurance $200
PMI $0

Property History

Market Insights

11.3%
Price Range
8
Total Days on Market

Property Timeline

Sold
Oct 10, 2024
$1,240,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jul 29, 2024
$1,100,000
Original listing
Agent: McTague Realty Group Office: RE/MAX Andrew Realty Services

Price & Status History

Date Event Price Change
Jul 29, 2024 New Listing Added $1,100,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$615

Tax History

Year Taxes Assessment
2024 $6,810 $799,300

Financial Details

Annual Property Tax
$6,810
Tax Year 2024
Assessed Value
$799,300

Listing Information

Listing Agent McTague Realty Group
Listing Office RE/MAX Andrew Realty Services
Agent MLS ID TM337327
Office MLS ID AC2354

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