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562 Main St, Medford, MA, 02155

6beds
2baths
2,679sqft
$1,049,000
$392price/sqft
$6,786/moest. monthly cost
$271,440/yrincome needed

About This Home

Well-maintained two-family home situated on a prominent corner lot in Medford's highly desirable Tufts neighborhood. Enjoy unbeatable access to Tufts University, the Medford/Tufts Green Line station, I-93, Assembly Row, and downtown Boston. This versatile property offers spacious living, strong rental potential, and the flexibility to serve as either a savvy investment or an ideal owner-occupied residence. With Medford's continued growth, expanding transit access, and strong housing demand, opportunities like this remain highly sought after. A rare chance to own in one of Greater Boston's most dynamic and convenient communities.

Getting Around

87
WalkingVery Walkable
72
TransitExcellent Transit
78
BikeVery Bikeable

Schools

5/10
5/10
5/10
Medford High SchoolGrades PK,9-122.5 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Living Room,Kitchen,Laundry Room
  • Window features: Insulated Windows
  • Flooring: Wood
  • Finished area above ground: 2,679

Interior Area

  • Total structure area: 2,679
  • Total interior livable area: 2,679 sqft

Property

Details

  • Parcel number: M:Y11 B:0033 L:0000,646019
  • Zoning: GR

Features

  • Patio & porch: Porch,Enclosed
  • Exterior features: Balcony,Rain Gutters,Garden

Lot

  • Lot size: 3,778 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 3
  • Parking features: Off Street
  • Uncovered spaces: 3

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 $5,304$63,648
Home Insurance *$227$2,724
Property Taxes $727$8,724
Electricity $528$6,339
Total$6,786$81,432
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$232,662/yr
40% on housing$203,580/yr
45% on housing$180,960/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

$392This listing

vs Other Active Listings

Avg $/sqft

ZIP 02155$434
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
2026-07-30Listed for rent$3,595
2026-07-21Price change$1,049,000
2026-06-17Listed for sale$1,080,000
2025-06-27Listing removed$1,099,000
2025-05-22Listed for sale$1,099,000
2025-05-18Listing removed$3,850
2025-04-16Listed for rent$3,850
2014-10-31Sold$620,000
2014-09-24Pending sale$589,000
2014-09-18Listed for sale$589,000
1996-11-15Sold$215,000

For Sale by Agent

AgentDerek Young
BrokerageLongwood Residential, LLC

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