124 Forest St

3,797 Sq. Ft.
$382 / Sq. Ft.
3,797
Sq. Ft.
$382
per Sq. Ft.

Description

Set in West Medford just 1.4 miles (a 5-minute drive) from Tufts' Tisch Library, this income-producing three-family sits on a generous 14,506 SF of land (two parcels, including a 6,006 SF accessory lot) and blends 1920s character with updates. The first-floor unit spans two levels into a finished lower level with two full baths and in-unit laundry. Two upper units each offer three rooms, a full bath, and flexible space, sharing basement laundry. Inlaid hardwoods, carved mantels, leaded glass, and...Set in West Medford just 1.4 miles (a 5-minute drive) from Tufts' Tisch Library, this income-producing three-family sits on a generous 14,506 SF of land (two parcels, including a 6,006 SF accessory lot) and blends 1920s character with updates. The first-floor unit spans two levels into a finished lower level with two full baths and in-unit laundry. Two upper units each offer three rooms, a full bath, and flexible space, sharing basement laundry. Inlaid hardwoods, carved mantels, leaded glass, and bay windows run throughout, and the first floor features a refreshed kitchen with stainless appliances. Gas hot-water heat, covered front porch, and level yard, plus a multi-car driveway with added parking-income potential. Now producing about $9,200/month, with two units utility-inclusive. The oversized double-lot offers potential for an additional dwelling or single-family building site—subject to City zoning approval and due diligence. Commuter rail, dining, and Boston routes are close by.
  1. Listed by Jason Pan • Midtown Properties, Inc.

Property Details for 124 Forest Street

Town
Medford
Area
MA-Medford
Garage Spaces
0
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 07/09/2026 03:31 AM

Property Details for 124 Forest Street

StatusNew
MLS #73547016
Days on Market2
Taxes$10,165 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1920
CountyMiddlesex County

Location

Listing Courtesy of Midtown Properties, Inc., Jason Pan
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Building Information for 124 Forest Street

Stories3Residences3Year Built1920Building Size-Lot Size0.33 AC / 14,506 SF

Payment Calculator

$8,073 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,226

Property Taxes

$847

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 124 Forest Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 3797.0
  • SqFt with Basement: Yes
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: Yes
  • Fireplaces: 2
  • SpaYN: No
Exterior Features
  • Lot Description: Level
Parking Features
  • Covered Spaces: .00
  • Garage: No
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: M:J10 B:0046 L:0000,635258
  • Assessments: $1,181,400
  • Book: 65671
  • Tax Year: 2026
  • Zoning: SF1
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Other
  • Levels: 3
Income / Expenses
  • Annual Expenses Source: Estimated, Owner
  • GOI: $110,400.00
  • GRE: $39,505
  • NOI: $70,895.00
  • Operating Expense: $39,505.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $9,200.00

Property History for 124 Forest Street

DateEvent & SourcePriceAppreciation
Jul 9, 2026

Listed (Active)

MLS PIN #73547016

$1,450,000
Jul 31, 2025

Canceled

MLS PIN #73385948

$1,399,000
Jun 5, 2025

Listed (Active)

MLS PIN #73385948

$1,399,000
DateEvent & SourcePrice
07/09/2026

Listed (Active)

MLS PIN #73547016

$1,450,000
07/31/2025

Canceled

MLS PIN #73385948

$1,399,000
06/05/2025

Listed (Active)

MLS PIN #73385948

$1,399,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 124 Forest Street

Taxable ValueLand$471,500Additions$636,400Total$1,107,900
Tax Record2025$9,750 ($812 / month)
Home Facts
Baths3Total Finished SqFt2,646 SqFtAbove Grade Finished SqFt2,646 SqFtStories3Lot Size8,500 SqFtStyleTriplexYear Built1920CountyMIDDLESEXAPNMEDF M:J-10 B:0046

Schools near 124 Forest Street

This home is within Medford School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Roberts Elementary School
PublicPK to 5

Andrews Middle School
Public6 to 8

Medford High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

124 Forest Street is a multi-family home for sale in Medford, MA 02155. This property was listed for sale on July 9, 2026 by Midtown Properties, Inc., it's currently listed at $1,450,000. It has been on the market for a total of 2 days and was last sold on July 2, 2015. This listing's school district is Medford School District. Nearby schools include Roberts Elementary School, Andrews Middle School and Medford High School. 124 Forest Street is a 6-bed, 3-bath, 3,797 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Midtown Properties, Inc., Jason Pan

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.