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226 Main St, Medford, MA, 02155

9beds
9baths
7,500sqft
$1,000,000
$133price/sqft
$7,444/moest. monthly cost
$297,760/yrincome needed

About This Home

Exceptional development opportunity in Medford's desirable APT-1 zoning district featuring a comprehensive conceptual 3-townhouse development package on a 7,270± SF lot. The development package includes conceptual renderings, floor plans, a site layout, project highlights, and an architectural feasibility study. An existing 5-unit feasibility study is also available upon request for buyers interested in exploring additional development potential. A preliminary construction estimate and builder information are also available upon request for buyers seeking additional project planning information. Subject to buyer verification and all required municipal approvals. Ideally located with convenient access to Boston, Assembly Row, Tufts University, shopping, and public transportation. Buyer and buyer's agent to perform their own independent due diligence regarding zoning, permitting, engineering, development potential, and all required municipal approvals.

Getting Around

88
WalkingVery Walkable
72
TransitExcellent Transit
63
BikeBikeable

Schools

5/10
6/10
Andrews Middle SchoolGrades 6-80.6 mi
5/10
Medford High SchoolGrades PK,9-121.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 1935

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Finished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 9
  • Full bathrooms: 6
  • 1/2 bathrooms: 3

Features

  • Finished area above ground: 7,500

Interior Area

  • Total structure area: 7,500
  • Total interior livable area: 7,500 sqft

Property

Details

  • Parcel number: M:P09 B:0001 L:0000,641884
  • Zoning: APT1

Lot

  • Lot size: 7,270 sqft
  • Features: Level

Parking

  • Total spaces: 12
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6
  • Uncovered spaces: 6

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

  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

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 $5,056$60,672
Home Insurance *$217$2,604
Property Taxes $693$8,316
Electricity $1,478$17,747
Total$7,444$89,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$255,222/yr
40% on housing$223,320/yr
45% on housing$198,506/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

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 02155$436
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)

Price History

DateEventPrice
2026-07-28Price change$1,000,000
2026-07-17Listed for sale$1,100,000

New Construction

AgentChristopher Tranchina
BrokerageREMAX Andrew Realty Services

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