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142-144 Mystic Valley Parkway, Arlington MA 02474

Arlington, MA 02474
$1,199,990
$1,149,900
Est. $6,930/month
5
Beds
2
Baths
2,270
Sq Ft
$507
Price/Sq Ft
0.14
Acres
1927
Year Built
2
Garage Spaces
82
Days on Market
Active Price Drop -$50,090 Listed Apr 22, 2026 • MLS# 73505643 Copied! • Updated Jul 13, 2026

About this home

Well-maintained two-family in a prime Arlington location along Mystic Valley Parkway. This property offers strong investment or owner-occupant potential with classic layouts and great natural light in both units. Major updates include a new roof and newer heating systems, providing peace of mind for any new owner. Enjoy beautiful Mystic River views and direct access to scenic public paths. Conveniently located near Arlington Center with easy access to Medford, Cambridge, Somerville, and Boston. Off-street parking and a detached garage add to the appeal. A rare opportunity to own a turnkey multifamily in a highly desirable setting with strong long-term upside. Don't miss this one!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
4.2%
Price Range

Property Timeline

Price Reduced
Jul 9, 2026
$1,149,900 $50,090 (-4.17%)
From $1,199,990 to $1,149,900 (-4.2%)
🏠
Listed for Sale
Apr 22, 2026
$1,199,990
Original listing
Office: Lamacchia Realty, Inc.

Tax History

Year Taxes Assessment
2025 $10,982 $1,019,700

Financial Details

Annual Property Tax
$10,982
Tax Year 2025
Assessed Value
$1,019,700

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1927
Living Area 2,270 sq ft
Lot Size 0.14 acres
Bedrooms 5
Full Baths 2
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent $2,495/mo · Y
Unit 2 Rent — · N
Total Monthly Rent $2,495/mo
Gross Income $29,940
Net Operating Income $29,940
Cap Rate 2.60%
Heating Oil
Cooling None
Flooring Wood, Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Full, Unfinished
Laundry None
Features Living Room, Dining Room, Kitchen
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Off Street
Total Spaces 10
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,982
Assessed Value $1,019,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyer/agent Are Responsible For Confirming All Listing Data. Please Note That Some Photos Of Tenanted Unit Have Been Virtually Altered/decluttered.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 82 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1927
Bedrooms
5
Full Bathrooms
2
Living Area
2,270 sq ft
Total Rooms
11
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1927
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Block
Stories: 2

Heating, Cooling & Utilities

Heating: Oil
Heating Zones: 2
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Off Street

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
School District
Arlington School District local
A+
School Safety 2024-25
0.5% Low
0.4% Suspensions 0.2% In-School 0.1% Emergency
5.0% below state avg
E

Elementary Schools

10 schools
St. Agnes Elementary School
0.5 mi
Grades K-08
Lesley Ellis School
0.5 mi
Grades PK-07
A-
Thompson Elementary School
0.2 mi | #201 of 824 | Score: 54.9
Dropped 52 spots from last year
-3.3 below state avg
537 students Diverse
Grades K-05
A
Hardy School
0.8 mi | #116 of 824 | Score: 58.2
Improved 6 spots from last year
+-0 above state avg
382 students Diverse
Grades K-05
Arlington Children's Center
1.0 mi
Grades PK-K
Menotomy Preschool
1.0 mi
100 students Very Diverse
Diverse Student Body
Grades PK
A+
John A Bishop School
1.0 mi | #52 of 824 | Score: 62.2
Improved 10 spots from last year
+4 above state avg
375 students Diverse
Grades K-05
A-
M. Norcross Stratton Elementary School
1.7 mi | #180 of 824 | Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students Diverse
Diverse Student Body
Grades K-05
A
Brackett School
1.9 mi | #120 of 824 | Score: 58.0
Dropped 7 spots from last year
-0.2 below state avg
394 students Diverse
Strong Attendance
Grades K-05
A+
Peirce School
2.2 mi | #57 of 824 | Score: 61.8
Dropped 23 spots from last year
+3.6 above state avg
318 students Diverse
Grades K-05
M

Middle Schools

2 schools
A+
Gibbs School
0.5 mi | #31 of 352 | Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students Diverse
Strong Attendance
Grades 06
A+
Ottoson Middle School
1.9 mi | #4 of 352 | Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students Diverse
Strong Attendance
Grades 07-08
H

High Schools

1 school
Arlington Catholic High School
0.6 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

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 $915
Homeowners Insurance $200
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.

Location

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Neighborhood

142-144 Mystic Valley Parkway, Arlington MA 02474

Arlington, MA 02474

Listing Information

Listing Agent Applegate & Murphy Group
Listing Office Lamacchia Realty, Inc.
Office Phone 978-250-1900
Agent MLS ID TM355138
Office MLS ID AN5825
Listing Data Updated Jul 13, 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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