See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

142-144 Mystic Valley Pkwy, Arlington, MA, 02474

5beds
2baths
2,270sqft
$1,149,900
$507price/sqft
$7,422/moest. monthly cost
$296,880/yrincome needed

About This Home

Well-maintained two-family in a prime Arlington location along Mystic Valley Parkway. This property offers strong investment or owner-occupant potential with classic layouts and great natural light in both units. Major updates include a new roof and newer heating systems, providing peace of mind for any new owner. Enjoy beautiful Mystic River views and direct access to scenic public paths. Conveniently located near Arlington Center with easy access to Medford, Cambridge, Somerville, and Boston. Off-street parking and a detached garage add to the appeal. A rare opportunity to own a turnkey multifamily in a highly desirable setting with strong long-term upside. Don't miss this one!

Getting Around

73
WalkingVery Walkable
50
TransitGood Transit
91
BikeBiker's Paradise

Schools

8/10
8/10
Gibbs SchoolGrades 60.4 mi
10/10
Arlington High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1927

Materials

  • Foundation: Block
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Living Room,Dining Room,Kitchen
  • Flooring: Wood,Tile
  • Finished area above ground: 2,270

Heating

  • Heating features: Oil

Interior Area

  • Total structure area: 2,270
  • Total interior livable area: 2,270 sqft

Property

Details

  • Parcel number: 321449
  • Zoning: R2

Features

  • Patio & porch: Porch
  • Has view: Yes
  • View description: Scenic View(s),Water,River
  • Has water view: Yes
  • Water view: River,Water
  • Waterfront features: Lake/Pond,1 to 2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 5,976 sqft
  • Features: Level

Parking

  • Total spaces: 10
  • Parking features: Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 8

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

  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
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 $5,814$69,768
Home Insurance *$194$2,328
Property Taxes $967$11,604
Electricity $447$5,371
Total$7,422$89,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$254,468/yr
40% on housing$222,660/yr
45% on housing$197,920/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

$507This listing

vs Other Active Listings

Avg $/sqft

ZIP 02474$501
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 02474$496
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
2026-04-22Listed for sale$1,199,990

For Sale by Agent

AgentApplegate & Murphy Group
BrokerageLamacchia Realty, Inc.

Similar Homes