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.
Pending
$1,499,000
87-87 Spring St #89, Medford, MA 02155
9beds
3,388sqft
Est.: Get pre-qualified
4 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$442/sqft
$-- HOA
What's special
One-bedroom apartments
- 47 days |
- 233 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
The Shahani Group 617-216-1493,
Compass 617-752-6845,
Jeetendra Shahani 617-216-1492
Source: MLS PIN,MLS#: 73500616
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 3,388
- Total interior livable area: 3,388 sqft
- Finished area above ground: 3,388
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, On Street
- Uncovered spaces: 3
Lot
- Size: 4,223 Square Feet
Details
- Zoning: RES
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Foundation: Stone
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Medford
Financial & listing details
- Price per square foot: $442/sqft
- Tax assessed value: $895,000
- Annual tax amount: $7,630
- Date on market: 4/14/2026
- Total actual rent: 11650
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2026 | Pending sale | $1,499,000$442/sqft |
Source: MLS PIN #73500616 Report a problem | ||
| 4/14/2026 | Listed for sale | $1,499,000$442/sqft |
Source: MLS PIN #73500616 Report a problem | ||
| 8/30/2025 | Listing removed | $1,499,000$442/sqft |
Source: MLS PIN #73404510 Report a problem | ||
| 7/15/2025 | Listed for sale | $1,499,000$442/sqft |
Source: MLS PIN #73404510 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 4/10John J McGlynn Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Andrews Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Medford High SchoolGrades: PK,9-12Distance: 2 mi
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- Massachusetts
- Middlesex County
- Medford
- 02155
- 87-87 Spring St Unit 89
Nearby cities
Nearby zip codes
Other Medford Topics
