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151-153 Forest St, Arlington MA 02474

Arlington, MA 02474
$799,000
Est. $4,847/month
4
Beds
2
Baths
1,632
Sq Ft
$490
Price/Sq Ft
0.14
Acres
1909
Year Built
8 hours 39 minutes
Time on Market
Active Listed Apr 14, 2026 • MLS# 73501496 Copied!

About this home

Perched atop Forest Street, this classic two-family home offers a rare opportunity to create value in a wonderful and well-established neighborhood. Offered as-is and brimming with potential, this property is perfect for investors, contractors, or owner-occupants eager to bring their vision to life. Abundant natural light shines through each unit’s 2 bedrooms, 1 bath, living room, and kitchen. Ideally located near Ed Burns Arena, the Minuteman Bikeway, Arlington Heights, and the Arlington Reservoir, with easy access to the natural beauty of Wright-Locke Farm in Winchester and Lexington’s Community Farm. Enjoy the convenience of nearby shops, dining, recreation, and commuter routes while investing in a property with tremendous upside. A rare value-add opportunity in a sought-after neighborhood, bring your ideas and unlock this home’s full potential.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1909
Bedrooms
4
Full Bathrooms
2
Living Area
1,632 sq ft
Total Rooms
8
Stories
2
Levels
2

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1909
Living Area 1,632 sq ft
Lot Size 0.14 acres
Bedrooms 4
Full Baths 2
Total Rooms 8

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None

Parking

Features Paved Drive, Off Street
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,287
Assessed Value $676,600

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials:
Roof:
Foundation: Other
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

151-153 Forest St, Arlington MA 02474

Arlington, MA 02474

Walkability

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Nearby Schools

School District
Arlington School District local
A+
School Safety 2024-25
0.5% Low
0.4% Suspensions 0.2% In-School 0.1% Emergency
5.0% below state avg
E

Elementary Schools

3 schools
A+
Peirce School
0.2 mi | #57 of 824 | Score: 61.8
Dropped 23 spots from last year
+3.6 above state avg
318 students Diverse
Grades K-05
A-
M. Norcross Stratton Elementary School
0.4 mi | #180 of 824 | Score: 56.0
Dropped 38 spots from last year
-2.2 below state avg
448 students Diverse
Diverse Student Body
Grades K-05
Arlington Heights Nursery School
0.5 mi
Grades PK
M

Middle Schools

2 schools
A+
Ottoson Middle School
0.5 mi | #4 of 352 | Score: 65.2
Improved 13 spots from last year
+7 above state avg
963 students Diverse
Strong Attendance
Grades 07-08
A+
Gibbs School
1.9 mi | #31 of 352 | Score: 60.0
Improved 8 spots from last year
+1.8 above state avg
529 students Diverse
Strong Attendance
Grades 06
H

High Schools

3 schools
Lexington Christian Academy
1.1 mi
Grades 06-12
Arlington Catholic High School
1.5 mi
17 sports • 1,412 athletes
Strong Athletics
Grades 09-12
Belmont Hill School
1.6 mi
Grades 07-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $607
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 14, 2026
$799,000
Original listing
Agent: Kate Davis Office: Griffin Properties, Inc.

Price & Status History

Date Event Price Change
Apr 14, 2026 New Listing Added $799,000

Market Statistics

Time on Market
8 hours 39 minutes
Price per Sq Ft
$490

Tax History

Year Taxes Assessment
2025 $7,287 $676,600

Financial Details

Annual Property Tax
$7,287
Tax Year 2025
Assessed Value
$676,600

Listing Information

Listing Agent Kate Davis
Listing Office Griffin Properties, Inc.
Agent MLS ID CN227816
Office MLS ID NB9303
Listing Data Updated Apr 14, 2026 7:45 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Arlington, MA

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