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INVESTMENT SNAPSHOT
About this property
Beautifully maintained & updated 2 family in Medford right next to Magoun Park! On a 3,920 sq ft lot in a quiet desirable area, this spacious multi-family offers exceptional flexibility for investors or owner-occupants alike. Unit 1 features hardwood flooring, bright living room & updated kitchen with granite countertops, stainless steel appliances & huge pantry, 2 large bedrooms plus 3rd bedroom or versatile bonus room & full bath. Unit 2 spans two levels & offers expansive layout with gleaming hardwood floors, generous living room, kitchen w/pantry, 2/3 bedrooms & 1 full bath plus 3 bonus rooms on finished 3rd floor-additional bedrooms/offices/flex space. Major updates include fresh paint throughout, a restored slate roof 2 years ago & furnace approx 7 years old. Enjoy fenced yard with ample space for outdoor entertaining, gardening or recreation. Conveniently located near shops, restaurants, public transportation & major routes. Don't miss the opportunity to own this gorgeous home!
Property details
| Units | 2 |
| Living area | 3,240 sqft |
| Lot size | 3,860 sqft |
| Year built | 1918 |
| Price / sqft | $401 |
| County | Middlesex |
| MLS # | 73519648 |
Listing status
| Days on market | 21 days |
| Listed on | May 14, 2026 |
Taxes & financials
| Annual property tax | $7,497 |
| Tax year | 2025 |
| Assessed value | $851,900 |
| Zoning | R |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.09 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Tandem, Paved |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Block |
| Roof | Slate |
| Construction | Frame |
| Flooring | Tile, Vinyl, Varies, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Refrigerator |
Location
More about investing in Medford →
Listing courtesy of Redfin Corp. — Patricia Nunez. 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 38 Pembroke St, Medford MA 02155 have?
It is a 2-unit multi-family property with 3,240 sqft of living area, built in 1918.
How long has 38 Pembroke St, Medford MA 02155 been on the market?
38 Pembroke St, Medford MA 02155 has been listed for 21 days (since May 14, 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 $1,299,900 across 2 units, that works out to roughly $649,950 per unit.
What are the property taxes on 38 Pembroke St, Medford MA 02155?
Annual property taxes are $7,497 (2025), on an assessed value of $851,900.
What is the price per square foot?
At $1,299,900 for 3,240 sqft, that's about $401 per square foot.
Is there parking?
3 total parking spaces (paved drive, off street, tandem, paved).
Where is this property located?
38 Pembroke St, Medford MA 02155 is in Medford, Middlesex County, MA 02155.
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