40 Summer St, Medford MA 02155
Medford, MA 02155 • Tufts University
$899,999
$899,000
Est. $5,320/month
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About this home
This versatile property, currently configured as a two-family home, was originally a single-family residence and was converted in the 1980s. With a strong rental history, it presents an excellent investment opportunity while also offering tremendous potential for redevelopment. Ideal for a builder, contractor, or homeowner with a vision, the property could be renovated and restored to its original single-family layout. Conveniently located just a short distance from Tufts University, the Green Line Extension, shopping, restaurants, and major highway access, this property offers endless possibilities in a highly desirable location.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
0.1%
Price Range
Property Timeline
Price Reduced
Jun 22, 2026
$899,000
$999
(-0.11%)
From $899,999 to $899,000 (-0.1%)
Listed for Sale
Jun 17, 2026
$899,999
Original listing
Agent: Jacqueline Veri
Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/22/2026 | ↓ Price Reduced | $899,000 | $999 | - | From $899,999 to $899,000 (-0.1%) |
| 06/17/2026 | 🏠 Listed for Sale | $899,999 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,889 | $798,300 |
Financial Details
Annual Property Tax
$6,889
Tax Year 2026
Assessed Value
$798,300
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1910
Living Area
1,711 sq ft
Lot Size
0.09 acres
Bedrooms
4
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
Range, Refrigerator
Fireplace
None
Basement
None
Laundry
None
Features
Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Features
Paved Drive, Off Street
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$6,889
Assessed Value
$798,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
One Heating System And One Electrical Meter For Both Units. All Utilities Had Been Included In The Rent. Will Be Delivered Vacant
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
[]
House Color
Blue/Grey
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
9 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1910
Bedrooms
4
Full Bathrooms
2
Living Area
1,711 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,711 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen
Windows:
Insulated Windows
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Paved Drive, Off Street
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
Elementary Schools
3 schools
St. Joseph Elementary School
0.4 mi
Grades PK-08
B-
John J McGlynn Elementary School
0.8 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
Milton Fuller Roberts School
0.9 mi
|
#353 of 824
|
Score: 49.1
Improved 194 spots from last year
-9.1 below state avg
586 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
3 schools
B+
Madeleine Dugger Andrews Middle School
0.8 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
1.7 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+
Gibbs School
1.7 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
High Schools
3 schools
Curtis-Tufts School
0.8 mi
11 students
Diverse
Diverse Student Body
Grades 09-12
A-
Medford High School
1.3 mi
|
#94 of 346
|
Score: 60.6
Improved 24 spots from last year
+2.3 above state avg
1,195 students
Diverse
19 sports
• 1,212 athletes
Strong AP Program
Rising School
Career Tech Programs
College Ready Curriculum
Grades PK-12
Arlington Catholic High School
2.0 mi
17 sports
• 1,412 athletes
Strong Athletics
Grades 09-12
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Monthly Payment
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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
$574
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
Tufts University
40 Summer St, Medford MA 02155
Medford, MA 02155
Listing Information
Listing Agent
Jacqueline Veri
Listing Office
Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone
617-666-2121
Agent MLS ID
B9500124
Office MLS ID
AN4885
Listing Data Updated
Jun 26, 2026 3:05 AM 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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