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87-89 Spring Street, Medford MA 02155

Medford, MA 02155
$1,499,000
Est. $8,416/month
9
Beds
5
Baths
3,388
Sq Ft
$442
Price/Sq Ft
0.10
Acres
1900
Year Built
41
Days on Market
Pending Listed Apr 14, 2026 • MLS# 73500616 Copied!

About this home

Perfect for 1031 exchange and investors! Rare opportunity to buy from the limited 4-family inventory pool with good cash flow. This property features two separate structures on one lot, a total of four units! Convenient location to transportation and shopping. Tenants pay for their own utilities. The property consists of a large 5-bedroom, 1 two-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase future value considerably.

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Public Records

Current Owner

Owner SHAHANI JEETENDRA & RAVINDER
Mailing Address 21 PRINCE RD, CHESTNUT HILL, MA, 02467

Land Use

Use Code 1090
Description N/A
Zoning SF2
Style 2 Family

Tax Information

Assessed Value $1,066,100

Assessment History

Year Land Building Total Change
FY2026 $347,700 $718,100 $1,066,100

Sale History

Date Price Book/Page
Jan 25, 2017 $765,000 68810/0183

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 4,029 3,388
Year built 1,910 1,900
Match: geocode_proximity (88.3% confidence) · Data as of May 18, 2026

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
5
Living Area
3,388 sq ft
Total Rooms
20
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1900
Living Area 3,388 sq ft
Lot Size 0.10 acres
Bedrooms 9
Full Baths 5
Total Rooms 20

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Paved Drive, Off Street, On Street
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,630
Assessed Value $895,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, On Street

Location

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Neighborhood

87-89 Spring Street, Medford MA 02155

Medford, MA 02155

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $636
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.

Property History

Market Insights

Property Timeline

Pending Sale
May 26, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 14, 2026
$1,499,000
Original listing
Agent: The Shahani Group Office: Compass

Price & Status History

Date Event Price Change
Apr 14, 2026 New Listing Added $1,499,000

Market Statistics

Days on Market
41 days
Price per Sq Ft
$442

Tax History

Year Taxes Assessment
2025 $7,630 $895,000

Financial Details

Annual Property Tax
$7,630
Tax Year 2025
Assessed Value
$895,000

Listing Information

Listing Agent The Shahani Group
Listing Office Compass
Agent MLS ID TEAM0355
Office MLS ID AN3337
Listing Data Updated May 26, 2026 12:35 PM 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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Market Analytics for Medford, MA

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