49-51 Spring Street, Medford MA 02155
Medford, MA 02155
$2,250,000
Est. $12,326/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
27
Sep
Sunday, September 27
11:00 AM - 1:00 PM EDT
26
Sep
Saturday, September 26
2:00 PM - 3:00 PM EDT
About this home
Originally built in 1910 and comprehensively renovated, expanded and reimagined, 49–51 Spring Street has been transformed to offer the quality, finishes and functionality of modern construction while retaining the established character of the original property. Offered together at $2,250,000, this distinctive two-unit property presents an exceptional opportunity for an investor, multigenerational family or owner-occupant looking to purchase the entire property, live in one residence and generate rental income from the other. Extensive improvements include durable fiber-cement siding, white oak flooring throughout the finished living areas, thoughtfully designed kitchens and baths, updated systems and carefully selected architectural details, including red oak inlay accents above the porch of each residence. Both units offer three levels of finished living space with four bedrooms, three-and-a-half bathrooms and two ensuite bedrooms, providing tremendous flexibility for families, guests and work-from-home needs. Each residence also features convenient second-floor laundry, private outdoor space and ample additional storage in its own clean, unfinished basement, which is not included in the stated living area. For an investor, the two residences provide the opportunity to generate income from the entire property; for an owner-occupant, the ability to live in one unit while renting the other creates an attractive way to offset ownership expenses; and for a multigenerational family, the configuration allows relatives to live close together while maintaining the privacy and independence of separate homes. Ideally located near Tufts University, Medford Square, Somerville and Cambridge, with convenient access to I-93 and Boston, 49–51 Spring Street combines extensive renovation, flexible ownership possibilities and an increasingly difficult-to-find two-unit configuration.
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Recently Sold Nearby
Property History
Market Insights
62.2%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Sep 23, 2026
$2,250,000
Original listing
Agent: Ryan Cook
Office: William Raveis R.E. & Home Services
Previous Transaction - MLS #73406436
Full transaction history available when tracking began
Previously Sold
Oct 1, 2025
$850,000
MLS #73406436
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/23/2026 | 🏠 Listed for Sale | $2,250,000 | - | - | Original listing |
| 10/01/2025 | 🏷️ Previously Sold | $850,000 | - | - | MLS #73406436 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $8,985 | $1,041,100 |
Financial Details
Annual Property Tax
$8,985
Tax Year 2026
Assessed Value
$1,041,100
Facts & Features
Central AC
New Construction
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Side by Side
Year Built
2026
Living Area
3,540 sq ft
Lot Size
0.12 acres
Stories
6
Bedrooms
8
Full Baths
6
Half Baths
2
Total Rooms
15
Investment Metrics
Units
2
Unit 1 Rent
$5,500/mo · N
Unit 2 Rent
$5,000/mo · N
Total Monthly Rent
$10,500/mo
Gross Income
$66,000
Net Operating Income
$66,000
Cap Rate
2.93%
Interior
Heating
Central, Electric
Cooling
Central Air
Flooring
Wood, Tile, Hardwood, Stone/ceramic Tile
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Fireplace
None
Basement
Full, Walk-out Access, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry
Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup
Features
Pantry, Cathedral/vaulted Ceilings, Storage, Crown Molding, Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Bathroom With Tub, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen, Office/den, Sunroom
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony/deck, Rain Gutters
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
None
Parking
Features
Off Street, Tandem, Assigned, Deeded, Driveway, Stone/gravel
Total Spaces
3
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer
Financial
Annual Tax
$8,985
Assessed Value
$1,041,100
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Taxes And Assessed Value Currently Reflect The Entire Property Pre Renovation And Are Subject To Adjustment By The City Of Medford Following Closing. Public Records Will Reflect Each Unit As A Three-bedroom Townhome. Some Images Are Virtually Enhanced.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Light Blue
Sq Ft Source
Owner
Sq Ft Disclosures
Clean, refurbished basement space not included in the stated living area.
Documents
None
County
Middlesex
Property Overview
Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
2026
Bedrooms
8
Full Bathrooms
6
Half Bathrooms
2
Living Area
3,540 sq ft
Total Rooms
15
Stories
6
Levels
6
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,540 sq ft above grade
1,158 sq ft below grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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:
Wood, Tile, Hardwood, Stone/Ceramic Tile
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Range Hood
Interior Features:
Pantry, Cathedral/Vaulted Ceilings, Storage, Crown Molding, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Internet Available - Broadband, Living Room, Dining Room, Kitchen, Office/Den, Sunroom
Windows:
Picture Window, Skylight(s)
Basement:
Full, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished
Laundry:
Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup
Security:
Construction & Materials
Year Built:
2026
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
6
Heating, Cooling & Utilities
Heating:
Central, Electric
Heating Zones:
6
Cooling:
Central Air
Cooling Zones:
6
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck, Rain Gutters
Patio & Porch:
Fencing:
Fenced
Other Structures:
Lot Features:
Corner Lot, Level
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Off Street, Tandem, Assigned, Deeded, Driveway, Stone/Gravel
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
1.2 mi
Grades PK-08
St. Raphael Elementary School
2.2 mi
Grades PK-08
B
John J McGlynn Elementary School
0.4 mi
|
#417 of 825
|
Score: 47.3
Improved 247 spots from last year
-10.9 below state avg
498 students
Very Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Milton Fuller Roberts School
0.6 mi
|
#349 of 825
|
Score: 48.9
Improved 198 spots from last year
-9.3 below state avg
534 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B+
Missituk Elementary School
1.0 mi
|
#312 of 825
|
Score: 50.4
Improved 65 spots from last year
-7.9 below state avg
424 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
A+
Brooks School
1.8 mi
|
#2 of 12
|
Score: 59.8
Improved 135 spots from last year
+1.6 above state avg
559 students
Moderate
Rising School
Strong Attendance
Grades PK-05
Middle Schools
2 schools
B+
Madeleine Dugger Andrews Middle School
0.3 mi
|
#132 of 352
|
Score: 45.9
Improved 28 spots from last year
-12.3 below state avg
438 students
Diverse
Rising School
Grades 06-08
B-
John J. McGlynn Middle School
0.8 mi
|
#210 of 352
|
Score: 39.9
Improved 26 spots from last year
-18.4 below state avg
439 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
A-
Medford High School
2.0 mi
|
#93 of 346
|
Score: 61.4
Improved 25 spots from last year
+3.2 above state avg
1,210 students
Diverse
19 sports
• 1,212 athletes
Strong AP Program
High Graduation Rate
Rising School
Career Tech Programs
Grades PK-12
Curtis-Tufts School
1.0 mi
18 students
Very Diverse
Diverse Student Body
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
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Property Tax
$749
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
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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
49-51 Spring Street, Medford MA 02155
Medford, MA 02155
Listing Information
Listing Agent
Ryan Cook
Listing Office
William Raveis R.E. & Home Services
Office Phone
617-964-1850
Agent MLS ID
CN233834
Office MLS ID
M95266
Listing Data Updated
Sep 23, 2026 7:03 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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