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7-9 2nd St, Medford, MA, 02155

7beds
5baths
3,718sqft
$1,899,000
$511price/sqft
$12,345/moest. monthly cost
$493,800/yrincome needed

About This Home

A truly unique opportunity for savvy investors in Medford—this fully renovated two-family property showcases Medford’s first detached ADU, delivering exceptional flexibility and income potential. Unit 1 features a flexible bi-level layout with 2 bedrooms and 1 bath on the main level, plus a finished lower level offering an additional bedroom, full bath, and versatile media rooms. Unit 2 occupies the upper floor with 2 bedrooms, a dedicated office, and 1 bath. The brand-new ADU offers 2 bedrooms and 1.5 baths, ideal for owner-occupancy or premium rental income. There is also the opportunity to convert the finished basement into a fourth rentable unit.With all-new systems—including central AC—and high-quality finishes throughout, this turnkey property is perfectly positioned in a prime Medford location. Just minutes from Assembly Row—featuring premier shopping, dining, and entertainment—and offering easy access to the Orange Line and I-93, plus off-street parking, this won't last!

Getting Around

76
WalkingVery Walkable
58
TransitGood Transit
72
BikeVery Bikeable

Schools

5/10
5/10
Medford High SchoolGrades PK,9-122.8 mi

Construction

Condition

  • Year built: 1912

Materials

  • Foundation: Stone
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Walk-Out Access,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Window features: Insulated Windows,Storm Window(s)
  • Flooring: Wood
  • Finished area below ground: 645
  • Finished area above ground: 3,073

Interior Area

  • Total structure area: 3,718
  • Total interior livable area: 3,718 sqft

Property

Details

  • Zoning: RESA

Features

  • Patio & porch: Porch,Deck
  • Exterior features: Rain Gutters

Lot

  • Lot size: 4,800 sqft
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Off Street,Tandem,Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,602$115,224
Home Insurance *$412$4,944
Property Taxes $1,598$19,176
Electricity $733$8,797
Total$12,345$148,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$423,257/yr
40% on housing$370,350/yr
45% on housing$329,200/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$511This listing

vs Other Active Listings

Avg $/sqft

ZIP 02155$433
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02155$470
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-05Listed for sale$1,999,900
2024-09-26Sold$950,000
2024-09-06Contingent$925,000
2024-09-05Listed for sale$925,000

For Sale by Agent

AgentJacqui Webb
BrokerageGibson Sotheby's International Realty

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