562 Main St, Medford MA 02155

Medford, MA 02155
$1,080,000
$1,049,000
Est. $6,322/month
6
Beds
2
Baths
2,679
Sq Ft
$392
Price/Sq Ft
0.09
Acres
1910
Year Built
3
Parking
54
Days on Market
For Sale Price Drop -$31,000 Listed Jun 17, 2026 • MLS# 73537211 Copied! • Updated Jul 27, 2026

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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.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.9%
Price Range

Property Timeline

Price Reduced
Jul 21, 2026
$1,049,000 $31,000 (-2.87%)
From $1,080,000 to $1,049,000 (-2.9%)
🏠
Listed for Sale
Jun 17, 2026
$1,080,000
Original listing
Agent: Derek Young Office: Longwood Residential, LLC

Tax History

Year Taxes Assessment
2026 $9,812 $1,137,000

Financial Details

Annual Property Tax
$9,812
Tax Year 2026
Assessed Value
$1,137,000

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1910
Living Area 2,679 sq ft
Lot Size 0.09 acres
Bedrooms 6
Full Baths 2
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $3,050/mo · N
Unit 2 Rent $3,595/mo · Y
Total Monthly Rent $6,645/mo
Gross Income $79,740
Net Operating Income $79,740
Cap Rate 7.60%
Heating None
Cooling None
Flooring Wood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Unfinished
Laundry None
Features Living Room, Kitchen, Laundry Room
Construction Frame
Architecture None
Roof Shingle
Features Balcony, Rain Gutters, Garden
Pool None
Spa None
Fencing None
Patio/Porch Porch, Enclosed
Features Off Street
Total Spaces 3
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,812
Assessed Value $1,137,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Older Roof. Some Active Knob And Tube Wiring. Property Sold As-is
Possession None
Accepted Financing None
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 40 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1910
Bedrooms
6
Full Bathrooms
2
Living Area
2,679 sq ft
Total Rooms
12
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Living Room, Kitchen, Laundry Room
Windows: Insulated Windows
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 2

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Rain Gutters, Garden
Patio & Porch: Porch, Enclosed
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street
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+
Missituk Elementary School
0.2 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
C+
Arthur D Healey School
0.3 mi | #236 of 352 | Score: 37.5
Improved 27 spots from last year
-20.7 below state avg
482 students Diverse
Rising School Diverse Student Body
Grades PK-08
A+
Benjamin G Brown School
0.6 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
Next Wave Junior High School
0.9 mi
16 students Diverse
Diverse Student Body
Grades 06-08
B+
Madeleine Dugger Andrews Middle School
0.9 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
1.0 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

3 schools
Curtis-Tufts School
0.4 mi
11 students Diverse
Diverse Student Body
Grades 09-12
F
Full Circle High School
0.9 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
0.9 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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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $818
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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.

Location

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Neighborhood

562 Main St, Medford MA 02155

Medford, MA 02155

Listing Information

Listing Agent Derek Young
Listing Office Longwood Residential, LLC
Office Phone 617-396-3100
Agent MLS ID CN254619
Office MLS ID AC1259
Listing Data Updated Jul 27, 2026 9:18 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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Steve Novak Real Estate
Steve Novak Real Estate
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