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INVESTMENT SNAPSHOT
About this property
Exciting Investment Opportunity located directly across the street from Tufts University and the Green Line, and just a short distance from Davis Square and the Red Line. This well-maintained property features a fenced-in yard and off-street parking. It consists of two open-concept units, each equipped with in-unit laundry and separate utilities (with the exception of water and sewer). The upper unit includes an entryway mudroom, two bedrooms, a full bath, a kitchen, a dining room, a storage room, and a private front porch. The lower unit features a mudroom area, a living room, a dining room, a kitchen, a full bath, a bedroom, and an office area. Additionally, the lower unit boasts a large, finished basement with a 3/4 bathroom, two spacious rooms, and extra storage space.
Property details
| Units | 2 |
| Living area | 2,798 sqft |
| Lot size | 3,889 sqft |
| Year built | 1910 |
| Price / sqft | $461 |
| County | Middlesex |
| MLS # | 73490309 |
Listing status
| Days on market | 49 days |
| Listed on | March 23, 2026 |
Taxes & financials
| Annual property tax | $8,268 |
| Tax year | 2025 |
| Assessed value | $939,500 |
| Zoning | RES |
| Gross income (actual) | $78,600/yr |
| Net operating income (actual) | $78,600/yr |
| Total actual rent | $6,550/mo |
| Insurance expense | $2,555/yr |
Building & lot
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Full, Finished, Walk-Out Access, Interior Entry, Concrete |
| Foundation | Block, Irregular |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood, Wood |
Utilities & systems
| Heating | Hot Water, Natural Gas, Baseboard |
| Cooling | Wall Unit(s), None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer |
Location
More about investing in Medford →
Listing courtesy of Flow Realty, Inc. — Michelle Doyle. 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 15-17 Colby St, Medford MA 02155 have?
It is a 2-unit multi-family property with 2,798 sqft of living area, built in 1910.
How long has 15-17 Colby St, Medford MA 02155 been on the market?
15-17 Colby St, Medford MA 02155 has been listed for 49 days (since March 23, 2026).
What is the estimated cap rate on this 2-family in Medford?
Based on area median rents, the estimated cap rate is about 3.4%, with a Signal Score of 64/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,290,000 across 2 units, that works out to roughly $645,000 per unit.
What are the property taxes on 15-17 Colby St, Medford MA 02155?
Annual property taxes are $8,268 (2025), on an assessed value of $939,500.
What is the price per square foot?
At $1,290,000 for 2,798 sqft, that's about $461 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, paved).
Where is this property located?
15-17 Colby St, Medford MA 02155 is in Medford, Middlesex County, MA 02155.
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