38-40 Cherry St, Medford MA 02155

Medford, MA 02155

$1,150,000

Est. $6,779/month

6

Beds

2

Baths

2,630

Sq Ft

$437

Price/Sq Ft

0.09

Acres

1920

Year Built

2 Family - 2 Units Up/Down

Type

6 hours 58 minutes

Time on Market

Active Listed Jun 16, 2026 • MLS# 73536452 Copied!

About this home

Meticulously maintained Medford 2-family with lots of updates by the current owner that still offers an opportunity for upside improvements. Both units have had regular updates, including recently refinished hardwood floors, regular paint updates, and updated kitchens and baths. Both units are currently rented under leases, making it a great investment property with an opportunity for future owner-occupancy. The walk-up heated attic provides a great opportunity for expanding the 2nd-floor unit. Electric was updated to 200amp, boilers were done in the early 2000s, and water heaters were recently replaced. The roof was done in 2008. Mini splits were added to unit 2 in 2020, and 1st floor windows have just been updated.

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Property Overview

Property Type

2 Family - 2 Units Up/Down

Listing Type

For Sale

Year Built

1920

Bedrooms

6

Full Bathrooms

2

Living Area

2,630 sq ft

Total Rooms

14

Stories

3

Levels

3

Facts & Features

Home Facts

Type Residential Income

Style 2 Family - 2 Units Up/Down

Year Built 1920

Living Area 2,630 sq ft

Lot Size 0.09 acres

Bedrooms 6

Full Baths 2

Total Rooms 14

Interior

Heating None

Cooling None

Flooring Wood, Tile

Appliances Range, Dishwasher, Microwave, Refrigerator

Fireplace None

Basement Full, Walk-out Access

Laundry None

Features Living Room, Dining Room, Kitchen

Exterior

Construction Frame

Architecture None

Roof Shingle

Features Rain Gutters, Garden

Pool None

Spa None

Fencing Fenced

Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Tandem

Total Spaces 2

Utilities

Electric Circuit Breakers, 200+ Amp Service, Individually Metered

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $9,173

Assessed Value $1,062,900

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Microwave, Refrigerator

Interior Features: Living Room, Dining Room, Kitchen

Windows: Insulated Windows

Basement: Full, Walk-Out Access

Laundry:

Security:

Construction & Materials

Year Built: 1920

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Block, Stone

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water: Natural Gas, Tank

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Garden

Patio & Porch: Porch

Fencing: Fenced

Other Structures:

Lot Features: Level

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Paved Drive, Off Street, Tandem

Location

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Neighborhood

38-40 Cherry St, 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

Milton Fuller Roberts School

0.3 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

B-

Beebe School

0.8 mi | #196 of 352 | Score: 40.8

Dropped 50 spots from last year

-17.4 below state avg

921 students Very Diverse

Diverse Student Body

Grades K-08

B-

John J McGlynn Elementary School

1.0 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

M

Middle Schools

2 schools

B+

Madeleine Dugger Andrews Middle School

0.8 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

H

High Schools

3 schools

C+

Malden High School

1.5 mi | #226 of 346 | Score: 48.9

Improved 72 spots from last year

-9.3 below state avg

1,890 students Very Diverse

14 sports • 856 athletes

Early College Program Rising School Diverse Student Body

Grades 09-12

Curtis-Tufts School

1.6 mi

11 students Diverse

Diverse Student Body

Grades 09-12

A-

Medford High School

1.6 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

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Year 1

95% Interest

Year 15

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Year 30

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Property History

Property Timeline

🏠

Listed for Sale

Jun 16, 2026

$1,150,000

Original listing

Agent: Jamie Thompson Office: Thompson Realty

Date	Event	Price	Change	$/sqft	Details
06/16/2026	🏠 Listed for Sale	$1,150,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 16, 2026	New Listing Added	$1,150,000	—

Market Statistics

Time on Market

6 hours 58 minutes

Price per Sq Ft

$437

Tax History

Year	Taxes	Assessment
2026	$9,173	$1,062,900

Financial Details

Annual Property Tax

$9,173

Tax Year 2026

Assessed Value

$1,062,900

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High Schools

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38-40 Cherry St, Medford MA 02155

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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