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40 Summer St, Medford MA 02155

Medford, MA 02155 • Tufts University
$899,999
Est. $5,325/month
4
Beds
2
Baths
1,711
Sq Ft
$526
Price/Sq Ft
0.09
Acres
1910
Year Built
13 hours 30 minutes
Time on Market
Active Listed Jun 17, 2026 • MLS# 73537617 Copied!

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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Public Records

Current Owner

Owner 38-40 SUMMER STREET MEDFORD REALTY TRUST
Mailing Address 7 tRAVERS LN, BURLINGTON, MA, 01803

Land Use

Use Code 1040
Description N/A
Zoning SF2
Style 2 Family

Tax Information

Assessed Value $798,300

Assessment History

Year Land Building Total Change
FY2026 $416,500 $381,800 $798,300

Sale History

Date Price Book/Page
Nov 8, 2019 $1 73620/482

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: MEDFORD

Property Data Comparison

Discrepancies found between MLS and assessor records.

Field Assessor MLS Match
Sqft 3,184 1,711
Year built 1,910 1,910
Match: address_exact (95.0% confidence) · Data as of Jun 18, 2026

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

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

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

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

Location

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Neighborhood

Tufts University

40 Summer St, 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

6 schools
St. Joseph Elementary School
0.4 mi
Grades PK-08
St. Raphael Elementary School
1.2 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
A+
Brooks School
0.9 mi | #2 of 12 | Score: 59.7
Improved 135 spots from last year
+1.5 above state avg
556 students Moderate
Rising School
Grades PK-05
B+
Missituk Elementary School
1.0 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
M

Middle Schools

2 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
H

High Schools

2 schools
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
Curtis-Tufts School
0.8 mi
11 students Diverse
Diverse Student Body
Grades 09-12
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 $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
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
Jun 17, 2026
$899,999
Original listing
Agent: Jacqueline Veri Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Jun 17, 2026 New Listing Added $899,999

Market Statistics

Time on Market
13 hours 30 minutes
Price per Sq Ft
$526

Tax History

Year Taxes Assessment
2026 $6,889 $798,300

Financial Details

Annual Property Tax
$6,889
Tax Year 2026
Assessed Value
$798,300

Listing Information

Listing Agent Jacqueline Veri
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID B9500124
Office MLS ID AN4885
Listing Data Updated Jun 17, 2026 2:59 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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40 Summer St, Medford MA 02155 - Photo 1 40 Summer St, Medford MA 02155 - Photo 2 40 Summer St, Medford MA 02155 - Photo 3 40 Summer St, Medford MA 02155 - Photo 4
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