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223-225 Riverside Avenue, Medford MA 02155

Medford, MA 02155
$985,000
Est. $5,243/month
5
Beds
2
Baths
2,628
Sq Ft
$375
Price/Sq Ft
0.14
Acres
1927
Year Built
2 Family - 2 Units Up/Down
Type
4
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73379086

About this home

Family-owned for over 90 years, this classic 2-unit Multifamily Home is a great value for a Savy Investor to rehab as an income property, owner-occupancy, Condo conversion or long-term investment hold. Solidly built and larger than most Medford 2-unit Multis. First floor unit has 2 Bedrooms and is highlighted by arched doorways leading from the spacious Dining Room to the Living Room and Music Room/Sunroom. Hardwood floors are under the carpet. The upstairs unit has 3 Bedrooms and gleaming hardwood floors. Each unit has washer & dryer and storage in the huge basement. Separate utilities including natural gas heat & hot water. The large lot has paved parking for 3-4 cars, a grassy back yard and garden area. This highly-desirable property is in a great commuter location just 10 minutes from downtown Boston. Will be delivered vacant and ready to go!

Sale Statistics

Sale Overview
Original List Price: $899,900
Final Sale Price: $985,000
Difference: +$85,100 (+9.5%)
Performance Metrics
109.5%
List to Sale Ratio
Sold above asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $342
Sale $/sq ft: $375
This property sold for $375 per square foot
Sale Summary

This property sold for 9.5% above the original asking price, indicating strong buyer demand.

With only 4 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1927
Bedrooms
5
Full Bathrooms
2
Living Area
2,628 sq ft
Total Rooms
13
Stories
2
Levels
2

Interior Features

Flooring
Vinyl, Carpet, Hardwood
Heating
Steam, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer
Interior Features
Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Living Room, Dining Room, Kitchen, Sunroom
Basement Details
Full, Interior Entry, Concrete, Unfinished

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Block
Foundation Area
1,404 sq ft
Exterior Features
Balcony/Deck, Balcony, Rain Gutters, Garden
Patio/Porch Features
Enclosed, Covered
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,002 sq ft
Lot Size Area
0.1400
Lot Features
Level
Frontage Length
41 ft
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 60 Amps/Less, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,751
Tax Year
2025
Tax Assessed Value
$869,200
Tax Lot
57
Tax Block
12
Tax Map Number
O
Zoning
APT1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Trustee has not lived in the house for 50+ years
Exclusions
Some Furnishings Available For Purchase

Location

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Neighborhood

223-225 Riverside Avenue, Medford MA 02155

Medford, MA 02155

Walkability

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Schools

Elementary School
John J Mcglynn
Rating information coming soon
High School
Medford Hs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $646
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.6%
Price Range
5
Total Days on Market

Property Timeline

✓
Sold
Jul 15, 2025
$985,000
Property sold
Days on Market: 5
🏠
Listed for Sale
May 22, 2025
$899,900
Original listing
Agent: Mike Peterson Office: WEICHERT, REALTORS® - Peterson & Associates

Price & Status History

Date Event Price Change
May 22, 2025 New Listing Added $899,900 —

Market Statistics

Days on Market
4 days
Price per Sq Ft
$375

Tax History

Year Taxes Assessment
2025 $7,751 $869,200

Financial Details

Annual Property Tax
$7,751
Tax Year 2025
Assessed Value
$869,200

Listing Information

Listing Agent Mike Peterson
Listing Office WEICHERT, REALTORS® - Peterson & Associates
Agent MLS ID NH000055
Office MLS ID BB5909

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