LevelFirst
297 Main St # 3, Medford MA 02155
Medford, MA 02155
$368,000
$339,000
Est. $2,452/month
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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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
7.9%
Price Range
1
Previous Sales
Property Timeline
Price Reduced
Jun 29, 2026
$339,000
$29,000
(-7.88%)
From $368,000 to $339,000 (-7.9%)
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/29/2026 | ↓ Price Reduced | $339,000 | $29,000 | - | From $368,000 to $339,000 (-7.9%) |
| 03/25/2026 | 🏠 Listed for Sale | $368,000 | - | - | Original listing |
| 04/16/2024 | 🏷️ Previously Sold | $344,000 | - | - | MLS #73213042 |
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
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
HOA & Community
HOA Fee
$325 Monthly
Fee Includes
Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
Hot Water, Laundry
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Seller Has Never Lived In Unit, Please Confirm Buyer Is An Investor As Unit Is Rented For $2, 120/month Till 5/31/27. Some Exterior Photos Digitally Enhanced, And Some Interiors Virtually Staged.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
3
Sq Ft Source
Public Record
Documents
Master Deed, Master Plan, Management Association Bylaws, Floor Plans (4)
County
Middlesex
Total market time (incl. prior listings)
100 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
0 sq ft above grade
596 sq ft below grade
LevelFirst
LevelFirst
LevelFirst
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Mid-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
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
Elementary Schools
6 schools
St. Joseph Elementary School
0.8 mi
Grades PK-08
St. Raphael Elementary School
1.6 mi
Grades PK-08
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
B
Milton Fuller Roberts School
1.1 mi
|
#353 of 824
|
Score: 49.1
Improved 194 spots from last year
-9.1 below state avg
586 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
A+
Brooks School
1.3 mi
|
#2 of 12
|
Score: 59.7
Improved 135 spots from last year
+1.5 above state avg
556 students
Moderate
Rising School
Grades PK-05
Middle Schools
2 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
High Schools
2 schools
A-
Medford High School
1.7 mi
|
#94 of 346
|
Score: 60.6
Improved 24 spots from last year
+2.3 above state avg
1,195 students
Diverse
19 sports
• 1,212 athletes
Strong AP Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades PK-12
Curtis-Tufts School
0.4 mi
11 students
Diverse
Diverse Student Body
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$213
Homeowners Insurance
$200
HOA Fee
$325/mo
PMI (if <20% down)
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
297 Main St # 3, Medford MA 02155
Medford, MA 02155
Listing Information
Listing Agent
Chuck Silverston Team
Listing Office
Gibson Sotheby's International Realty
Office Phone
617-264-7900
Agent MLS ID
TM309710
Office MLS ID
AN8363
Listing Data Updated
Jul 3, 2026 3:05 AM EDT
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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