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297 Main St # 3, Medford MA 02155

Medford, MA 02155
$368,000
Est. $2,599/month
1
Beds
1
Baths
596
Sq Ft
$617
Price/Sq Ft
0.00
Acres
1971
Year Built
Condominium
Type
12 hours 56 minutes
Time on Market
Active Listed Mar 25, 2026 • MLS# 73491586 Copied!

About this home

Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
1
Full Bathrooms
1
Living Area
596 sq ft
Total Rooms
3
Stories
1
Entry Level
1

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 596 sq ft
Lot Size 0.0000
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Electric
Cooling Window Unit(s)
Flooring Tile, Laminate
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry First Floor, Common Area, In Building
Features None

Exterior

Construction Brick
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned, Deeded
Total Spaces 1

Utilities

Electric 110 Volts, 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $2,560
Assessed Value $318,000

Interior Features

Flooring: Tile, Laminate
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor, Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1971
Structure Type: High-Rise
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned, Deeded

Location

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Neighborhood

297 Main St # 3, Medford MA 02155

Medford, MA 02155

Walkability

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Nearby Schools

School District
Medford School District local
B+
✓ School Safety 2024-25
1.0% Low
0.8% Suspensions 0.1% In-School 0.2% Emergency
↓ 4.5% below state avg
E

Elementary Schools

3 schools
B-
John J McGlynn Elementary School
0.6 mi | #422 of 824 | Score: 47.1
Improved 242 spots from last year
-11.1 below state avg
505 students Very Diverse
Rising School Diverse Student Body
Grades PK-05
B+
Missituk Elementary School
0.6 mi | #300 of 824 | Score: 50.8
Improved 77 spots from last year
-7.4 below state avg
418 students Diverse
Rising School Diverse Student Body
Grades PK-05
A+
Benjamin G Brown School
0.8 mi | #78 of 824 | Score: 60.5
Dropped 61 spots from last year
+2.3 above state avg
219 students Diverse
Strong Attendance
Grades K-05
M

Middle Schools

3 schools
B+
Madeleine Dugger Andrews Middle School
0.6 mi | #128 of 352 | Score: 46.6
Improved 32 spots from last year
-11.6 below state avg
435 students Diverse
Rising School
Grades 06-08
B-
John J. McGlynn Middle School
1.4 mi | #206 of 352 | Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students Diverse
Rising School Diverse Student Body
Grades 06-08
A
Rindge Avenue Upper School
1.5 mi | #67 of 352 | Score: 54.3
Dropped 2 spots from last year
-3.9 below state avg
292 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Curtis-Tufts School
0.4 mi
11 students Diverse
Diverse Student Body
Grades 09-12
F
Full Circle High School
1.6 mi | #344 of 346 | Score: 17.3
Improved 22 spots from last year
-40.9 below state avg
67 students Diverse
Rising School Career Tech Programs College Ready Curriculum Diverse Student Body
Grades 09-12
B+
Somerville High School
1.6 mi | #131 of 346 | Score: 57.1
Improved 111 spots from last year
-1.1 below state avg
1,394 students Diverse
17 sports • 1,566 athletes
Rising School Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $213
Homeowners Insurance $200
HOA Fee $325/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

6.5%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Mar 25, 2026
$368,000
Original listing
Agent: Chuck Silverston Team Office: Gibson Sotheby's International Realty
Previous Transaction - MLS #73213042
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 16, 2024
$344,000
MLS #73213042
View Listing →

Price & Status History

Date Event Price Change
Mar 25, 2026 New Listing Added $368,000 —
Apr 16, 2024 Sold $344,000 —

Market Statistics

Time on Market
12 hours 56 minutes
Price per Sq Ft
$617

Tax History

Year Taxes Assessment
2025 $2,560 $318,000

Financial Details

Annual Property Tax
$2,560
Tax Year 2025
HOA Fee
$325
Monthly
Assessed Value
$318,000

Listing Information

Listing Agent Chuck Silverston Team
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TM309710
Office MLS ID AN8363
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Medford, MA

Real-time market trends and pricing data for this area

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