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INVESTMENT SNAPSHOT
About this property
Solid Two family Investment opportnunity in Medford with stable income potential and room for upside. Two unit duplex with separate systems. Straight forward, income- producing asset. The property is very well maintained and offers value-add potential. First and Second floor can be delivered vacant.
Property details
| Units | 2 |
| Living area | 1,948 sqft |
| Lot size | 3,600 sqft |
| Year built | 1910 |
| Price / sqft | $502 |
| County | Middlesex |
| MLS # | 73503117 |
Listing status
| Days on market | 5 days |
| Listed on | April 16, 2026 |
Taxes & financials
| Annual property tax | $6,508 |
| Tax year | 2025 |
| Assessed value | $739,600 |
| Zoning | 0 |
| Gross income (actual) | $57,600/yr |
| Net operating income (actual) | $45,692/yr |
| Total actual rent | $4,800/mo |
| Insurance expense | $3,000/yr |
Building & lot
| Stories | 2 |
| Total rooms | 10 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Foundation | Concrete Perimeter |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Medford →
Listing courtesy of Gibson Sotheby's International Realty — William Montero. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 123 Willis Ave, Medford MA 02155 have?
It is a 2-unit multi-family property with 1,948 sqft of living area, built in 1910.
How long has 123 Willis Ave, Medford MA 02155 been on the market?
123 Willis Ave, Medford MA 02155 has been listed for 5 days (since April 16, 2026).
What is the estimated cap rate on this 2-family in Medford?
Based on area median rents, the estimated cap rate is about 4.5%, with a Signal Score of 79/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $977,000 across 2 units, that works out to roughly $488,500 per unit.
What are the property taxes on 123 Willis Ave, Medford MA 02155?
Annual property taxes are $6,508 (2025), on an assessed value of $739,600.
What is the price per square foot?
At $977,000 for 1,948 sqft, that's about $502 per square foot.
Is there parking?
4 total parking spaces.
Where is this property located?
123 Willis Ave, Medford MA 02155 is in Medford, Middlesex County, MA 02155.
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