306 Riverside Ave, Medford MA 02155

Medford, MA 02155
$850,000
Est. $4,524/month
4
Beds
2
Baths
1,929
Sq Ft
$441
Price/Sq Ft
0.15
Acres
1910
Year Built
2 Family - 2 Units Side by Side
Type
16
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73233008

About this home

Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! See firm remarks for property website.

Sale Statistics

Sale Overview
Original List Price: $850,000
Final Sale Price: $850,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $441
Sale $/sq ft: $441
This property sold for $441 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Side by Side
Property Category
Residential Income
Year Built
1910
Bedrooms
4
Full Bathrooms
2
Living Area
1,929 sq ft
Total Rooms
10
Stories
4
Levels
4

Interior Features

Flooring
Wood
Has Fireplace
Yes
Number of Fireplaces
4
Interior Features
Mudroom
Basement Details
Full, Interior Entry, Bulkhead, Concrete, Unfinished
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame, Post & Beam
Roof
Shingle
Foundation
Stone
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,513 sq ft
Lot Size Area
0.1500
Lot Features
Corner Lot, Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service, 200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, Public School, University
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,360
Tax Year
2024
Tax Assessed Value
$746,500
Parcel Number
M:P13 B:0039,642034
Zoning
SF2
Financial Data Source
Owner, Pro. Forma Available

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
Building will be delivered vacant as of 6/2/24. House has historical ties (Nathan Sawyer house) Zoning analysis also available upon request.
Listing Terms
Contract

Location

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Neighborhood

306 Riverside Ave, Medford MA 02155

Medford, MA 02155

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $530
Homeowners Insurance $200
PMI $0

Property History

Market Insights

32
Total Days on Market

Property Timeline

Sold
Jun 10, 2024
$850,000
Property sold
Days on Market: 32
🏠
Listed for Sale
May 3, 2024
$850,000
Original listing
Agent: James Riel Office: JR Associates

Price & Status History

Date Event Price Change
May 3, 2024 New Listing Added $850,000

Market Statistics

Days on Market
16 days
Price per Sq Ft
$441

Tax History

Year Taxes Assessment
2024 $6,360 $746,500

Financial Details

Annual Property Tax
$6,360
Tax Year 2024
Assessed Value
$746,500

Listing Information

Listing Agent James Riel
Listing Office JR Associates
Agent MLS ID CT004222
Office MLS ID AN0852

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