297 Main St # 3, Medford MA 02155

Medford, MA 02155

$368,000

Est. $2,599/month

1

Beds

1

Baths

596

Sq Ft

$617

Price/Sq Ft

0.00

Acres

1971

Year Built

Condominium

Type

15 hours 38 minutes

Time on Market

Active Listed Mar 25, 2026 • MLS# 73491586 Copied!

About this home

Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1971

Bedrooms

1

Full Bathrooms

1

Living Area

596 sq ft

Total Rooms

3

Stories

1

Entry Level

1

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1971

Living Area 596 sq ft

Lot Size 0.0000

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Electric

Cooling Window Unit(s)

Flooring Tile, Laminate

Appliances Range, Dishwasher, Disposal, Refrigerator

Fireplace None

Basement N

Laundry First Floor, Common Area, In Building

Features None

Exterior

Construction Brick

Architecture None

Roof None

Parking

Features Off Street, Assigned, Deeded

Total Spaces 1

Utilities

Electric 110 Volts, 220 Volts

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $2,560

Assessed Value $318,000

Interior Features

Flooring: Tile, Laminate

Appliances: Range, Dishwasher, Disposal, Refrigerator

Interior Features:

Windows: Insulated Windows

Basement: N

Laundry: First Floor, Common Area, In Building

Security: Intercom

Construction & Materials

Year Built: 1971

Structure Type: High-Rise

Exterior Materials: Brick

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Electric

Heating Zones: 2

Cooling: Window Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street, Assigned, Deeded

Location

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Neighborhood

297 Main St # 3, Medford MA 02155

Medford, MA 02155

Walkability

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Nearby Schools

School District

Medford School District local

B+

✓ School Safety 2024-25

1.0% Low

0.8% Suspensions 0.1% In-School 0.2% Emergency

↓ 4.5% below state avg

E

Elementary Schools

3 schools

B-

John J McGlynn Elementary School

0.6 mi | #422 of 824 | Score: 47.1

Improved 242 spots from last year

-11.1 below state avg

505 students Very Diverse

Rising School Diverse Student Body

Grades PK-05

B+

Missituk Elementary School

0.6 mi | #300 of 824 | Score: 50.8

Improved 77 spots from last year

-7.4 below state avg

418 students Diverse

Rising School Diverse Student Body

Grades PK-05

A+

Benjamin G Brown School

0.8 mi | #78 of 824 | Score: 60.5

Dropped 61 spots from last year

+2.3 above state avg

219 students Diverse

Strong Attendance

Grades K-05

M

Middle Schools

3 schools

B+

Madeleine Dugger Andrews Middle School

0.6 mi | #128 of 352 | Score: 46.6

Improved 32 spots from last year

-11.6 below state avg

435 students Diverse

Rising School

Grades 06-08

B-

John J. McGlynn Middle School

1.4 mi | #206 of 352 | Score: 40.2

Improved 30 spots from last year

-18.1 below state avg

464 students Diverse

Rising School Diverse Student Body

Grades 06-08

A

Rindge Avenue Upper School

1.5 mi | #67 of 352 | Score: 54.3

Dropped 2 spots from last year

-3.9 below state avg

292 students Diverse

Diverse Student Body

Grades 06-08

H

High Schools

3 schools

Curtis-Tufts School

0.4 mi

11 students Diverse

Diverse Student Body

Grades 09-12

F

Full Circle High School

1.6 mi | #344 of 346 | Score: 17.3

Improved 22 spots from last year

-40.9 below state avg

67 students Diverse

Rising School Career Tech Programs College Ready Curriculum Diverse Student Body

Grades 09-12

B+

Somerville High School

1.6 mi | #131 of 346 | Score: 57.1

Improved 111 spots from last year

-1.1 below state avg

1,394 students Diverse

17 sports • 1,566 athletes

Rising School Career Tech Programs Strong Athletics Diverse Student Body

Grades 09-12

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Property Tax $213

Homeowners Insurance $200

HOA Fee $325/mo

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Market Insights

6.5%

Price Range

1

Previous Sales

Property Timeline

🏠

Listed for Sale

Mar 25, 2026

$368,000

Original listing

Agent: Chuck Silverston Team Office: Gibson Sotheby's International Realty

Previous Transaction - MLS #73213042

Full transaction history available when tracking began

🏷️

Previously Sold

Apr 16, 2024

$344,000

MLS #73213042

View Listing →

Date	Event	Price	Change	$/sqft	Details
03/25/2026	🏠 Listed for Sale	$368,000	-	-	Original listing
04/16/2024	🏷️ Previously Sold	$344,000	-	-	MLS #73213042

Price & Status History

Date	Event	Price	Change
Mar 25, 2026	New Listing Added	$368,000	—
Apr 16, 2024	Sold	$344,000	—

Market Statistics

Time on Market

15 hours 38 minutes

Price per Sq Ft

$617

Tax History

Year	Taxes	Assessment
2025	$2,560	$318,000

Financial Details

Annual Property Tax

$2,560

Tax Year 2025

HOA Fee

$325

Monthly

Assessed Value

$318,000

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Listed for Sale

Previous Transaction - MLS #73213042

Previously Sold

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297 Main St # 3, Medford MA 02155

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Listed for Sale

Previous Transaction - MLS #73213042

Previously Sold

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Price & Status History

Market Statistics

Tax History

Financial Details

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