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For sale
  • $1,450,000

    124 Forest St, Medford, MA 02155

    6beds
    3,797sqft
    : 
    $9,162/mo
    Get pre-qualified
    3 Family
    Built in 1920
    -- sqft lot
    $1,430,200 Zestimate®
    $382/sqft
    $-- HOA

    What's special

    Gas hot-water heatCovered front porchInlaid hardwoodsLeaded glassCarved mantelsBay windowsLevel yard
    Set in West Medford just 1.4 miles (a 5-minute drive) from Tufts' Tisch Library, this income-producing three-family sits on a generous 14,506 SF of land (two parcels, including a 6,006 SF accessory lot) and blends 1920s character with updates. The first-floor unit spans two levels into a finished lower level with two full baths and in-unit laundry. Two upper units each offer three rooms, a full bath, and flexible space, sharing basement laundry. Inlaid hardwoods, carved mantels, leaded glass, and bay windows run throughout, and the first floor features a refreshed kitchen with stainless appliances. Gas hot-water heat, covered front porch, and level yard, plus a multi-car driveway with added parking-income potential. Now producing about $9,200/month, with two units utility-inclusive. The oversized double-lot offers potential for an additional dwelling or single-family building site—subject to City zoning approval and due diligence. Commuter rail, dining, and Boston routes are close by.
    17 days
    |
    426
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Pan 617-834-4071,

    Midtown Properties, Inc. 617-834-4071

    Source: MLS PIN,MLS#: 73547016

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Appliances
      • Included: Washer, Dryer
      Features
      • Has basement: No
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 3,797
      • Total interior livable area: 3,797 sqft
      • Finished area above ground: 2,821
      • Finished area below ground: 976

      Property

      Parking
      • Total spaces: 6
      • Uncovered spaces: 6
      Lot
      • Size: 0.33 Acres
      • Features: Level
      Details
      • Parcel number: M:J10 B:0046 L:0000,635258
      • Zoning: SF1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: 3 Family
      Materials
      • Foundation: Other
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Medford

      Financial & listing details

      • Price per square foot: $382/sqft
      • Tax assessed value: $1,181,400
      • Annual tax amount: $10,165
      • Date on market: 7/9/2026
      • Total actual rent: 9200

        Estimated market value

        $1,430,200

        $1.27M - $1.62M

        $3,462/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$1,450,000+3.6%$382/sqft
        Source: MLS PIN #73547016 Report a problem
        6/28/2026Listed for rent$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        5/15/2026Listing removed$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        4/24/2026Listed for rent$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        3/3/2026Listing removed$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        2/16/2026Listed for rent$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        7/31/2025Listing removed$1,399,000$368/sqft
        Source: MLS PIN #73385948 Report a problem
        6/5/2025Listed for sale$1,399,000+86.5%$368/sqft
        Source: MLS PIN #73385948 Report a problem
        7/2/2015Sold$750,000-6.1%$198/sqft
        Source: Public Record Report a problem
        5/28/2015Pending sale$799,000$210/sqft
        Source: Coldwell Banker Residential Brokerage - Newton #71812668 Report a problem
        5/7/2015Price change$799,000-5.9%$210/sqft
        Source: Coldwell Banker Residential Brokerage - Newton #71812668 Report a problem
        4/30/2015Listed for sale$849,000$224/sqft
        Source: Coldwell Banker Residential Brokerage - Newton #71812668 Report a problem
        4/16/2015Pending sale$849,000$224/sqft
        Source: Coldwell Banker Residential Brokerage - Newton #71812668 Report a problem
        4/7/2015Listed for sale$849,000+374.3%$224/sqft
        Source: Coldwell Banker Residential Brokerage - Newton #71812668 Report a problem
        4/1/1994Sold$179,000-10.5%$47/sqft
        Source: Public Record Report a problem
        3/2/1988Sold$200,000$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,960 $1,051,700
        2024$8,960 +2.2%$1,051,700 +3.7%
        2023$8,770 -0.3%$1,013,900 +3.9%
        2022$8,792 +2.3%$975,800 +6.8%
        2021$8,595 +3.1%$913,400 +0.6%
        2020$8,335 +2.3%$908,000 +7%
        2019$8,148 +2.6%$848,800 +9.4%
        2018$7,945 +7.3%$775,900 +10.7%
        2017$7,402 +5.3%$700,900 +11.5%
        2016$7,032 +5%$628,400 +9.8%
        2015$6,697 +7%$572,400 +12.1%
        2014$6,257 +2.4%$510,800 +3.3%
        2013$6,111 +5.4%$494,400 +2.6%
        2012$5,797 +3.6%$481,900
        2011$5,595 +2.7%$481,900 -2.9%
        2010$5,450 -7.8%$496,400 -15.3%
        2009$5,910 +5.5%$586,300 -4.5%
        2008$5,602 +2.6%$614,200
        2007$5,460 $614,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 02155

        Getting around

        83 / 100
        Very Walkable
        46 / 100
        Some Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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