HomeMedfordMulti Family23 Bowdoin St, Medford MA 02155
23 Bowdoin St, Medford MA 02155 — photo 1 of 191 / 19
$1,179,000
23 Bowdoin St, Medford MA 02155
2 units · 5 bd · 2 ba · 2,562 sqft · $589,500/unit
📊 Analyze this deal

INVESTMENT SNAPSHOT

Signal Score69 / 100
Est. Cap Rate3.7%
GRM17.5
Gross Scheduled Income$67,218/yr
Estimates from area median rents — directional, not an appraisal.

About this property

SELLER SAYS MAKE AN OFFER! Tufts University is at the end of Bowdoin Street. Excellent location! This two family features beautiful hardwood floors, 5 - 6 bedrooms, off street parking, the 2nd floor apartment has front and back porches. Each apartment has pantries off the kitchen and a separate entrance to the basement. The roof is approximately 5 years old, the flat rubber portion over the porches was replaced this year. Both units have oil heat and gas cooking. Walk to Tufts University Green Line Station and the 101 bus line. If you've been looking for a two family in Medford, this is your opportunity. Come take a look. Open house Saturday 1:15 - 2:15.

Property details

Units2
Living area2,562 sqft
Lot size3,960 sqft
Year built1900
Price / sqft$460
CountyMiddlesex
MLS #73497202

Taxes & financials

Annual property tax$7,954
Tax year2025
Assessed value$903,900
ZoningR2
Gross income (actual)$30,000/yr
Net operating income (actual)$30,000/yr
Total actual rent$2,500/mo

Building & lot

Stories2
Total rooms11
Lot size0.09 acres
Garage spaces0
Parking spaces1
ParkingPaved Drive, Off Street
BasementFull, Unfinished
FoundationStone
ConstructionFrame

Utilities & systems

SewerPublic Sewer
WaterPublic

Location

More about investing in Medford

Listing courtesy of Bostonia Properties — Kate Duggan. Listing data © MLS PIN.

Interested in this one?

By submitting you agree to be contacted about your home search. No spam.

Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 23 Bowdoin St, Medford MA 02155 have?

It is a 2-unit multi-family property with 2,562 sqft of living area, built in 1900.

What is the estimated cap rate on this 2-family in Medford?

Based on area median rents, the estimated cap rate is about 3.7%, with a Signal Score of 69/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $1,179,000 across 2 units, that works out to roughly $589,500 per unit.

What are the property taxes on 23 Bowdoin St, Medford MA 02155?

Annual property taxes are $7,954 (2025), on an assessed value of $903,900.

What is the price per square foot?

At $1,179,000 for 2,562 sqft, that's about $460 per square foot.

Is there parking?

1 total parking space (paved drive, off street).

Where is this property located?

23 Bowdoin St, Medford MA 02155 is in Medford, Middlesex County, MA 02155.

Similar multi-families