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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
4 Family
Type
12 hours 53 minutes
Time on Market
Active 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, 2 two-bedroom, and a one-bedroom apartment. 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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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 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-
John J McGlynn Elementary School
0.5 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
B
Milton Fuller Roberts School
0.6 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
1.1 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
M

Middle Schools

3 schools
B+
Madeleine Dugger Andrews Middle School
0.4 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
0.9 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
Next Wave Junior High School
2.0 mi
16 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
Curtis-Tufts School
1.1 mi
11 students Diverse
Diverse Student Body
Grades 09-12
C+
Malden High School
1.6 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
A-
Medford High School
2.0 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
Learn about these ratings
School data provided by BMN Schools

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 $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

Property Timeline

🏠
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

Time on Market
12 hours 53 minutes
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 Apr 14, 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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Market Analytics for Medford, MA

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