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INVESTMENT SNAPSHOT
About this property
INVESTOR’S DREAM! Rare turn-key 3-unit with 40-year track record and expansion potential in a coveted location! Unlock immediate cash flow in this Medford triple-decker. Centrally located just minutes from I-93, this property offers a rock-solid investment with a stable 40-year rental history. Three spacious 3-bedroom, 1-bath units with details not often seen: 9-ft ceilings, hardwood floors, wood moldings, built-ins, stained glass, walk-in pantries, and front and back covered porches. Bonus: "Value-add" potential - convert garage into a 4th dwelling unit (see AI photo) to maximize net operating income (subject to zoning/permits). Overlooking Hickey Park, tenants enjoy a "park setting" with easy access to recreation, subway, bus routes, and the Middlesex Fells Reservation hiking trails. Whether you're looking for a turn-key rental, a condo conversion project, or a sunlight filled owner-occupant home, this corner-lot gem is ready for its next chapter. All offers considered - don’t wait!
Property details
| Units | 3 |
| Living area | 4,128 sqft |
| Lot size | 4,345 sqft |
| Year built | 1905 |
| Price / sqft | $436 |
| County | Middlesex |
| MLS # | 73501633 |
Listing status
| Days on market | 40 days |
| Listed on | April 15, 2026 |
Taxes & financials
| Annual property tax | $9,399 |
| Tax year | 2025 |
| Assessed value | $1,068,100 |
| Zoning | R |
| Total actual rent | $9,000/mo |
Building & lot
| Stories | 3 |
| Total rooms | 18 |
| Lot size | 0.1 acres |
| Garage spaces | 2 |
| Parking spaces | 4 |
| Parking | Off Street, Common |
| Basement | Full, Interior Entry, Sump Pump, Concrete, Unfinished |
| Foundation | Stone |
| Roof | Shingle, Rubber |
| Construction | Frame |
Utilities & systems
| Heating | Steam, Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Medford →
Listing courtesy of Coldwell Banker Realty - Concord — The Laura Baliestiero Team. 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 320 Fellsway West, Medford MA 02155 have?
It is a 3-unit multi-family property with 4,128 sqft of living area, built in 1905.
How long has 320 Fellsway West, Medford MA 02155 been on the market?
320 Fellsway West, Medford MA 02155 has been listed for 40 days (since April 15, 2026).
What is the estimated cap rate on this 3-family in Medford?
Based on area median rents, the estimated cap rate is about 3.6%, with a Signal Score of 68/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,799,900 across 3 units, that works out to roughly $599,967 per unit.
What are the property taxes on 320 Fellsway West, Medford MA 02155?
Annual property taxes are $9,399 (2025), on an assessed value of $1,068,100.
What is the price per square foot?
At $1,799,900 for 4,128 sqft, that's about $436 per square foot.
Is there parking?
2 garage spaces and 4 total parking spaces (off street, common).
Where is this property located?
320 Fellsway West, Medford MA 02155 is in Medford, Middlesex County, MA 02155.
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