Active
90 Days on market
38 Summer St Medford — Photo 1 of 4

38 Summer St Medford — Photo 1 of 4

Recent Drop: $50,000

$899,000
$849,000

$849,000

38 Summer St, Medford, MA 02155

Medford, MA 02155 — Tufts University

Investor Analysis

Beds

4

Baths

1

SqFt

1,711

Style

Single Family

Built

1910

This versatile property, currently configured as a two-family home, was originally a single-family residence and was converted in the 1980s. With a strong rental history, it presents an excellent investment opportunity while also offering tremendous potential for redevelopment. Ideal for a builder, contractor, or homeowner with a vision, the property could be renovated and restored to its original single-family layout. Conveniently located just a short distance from Tufts University, the Green Line Extension, shopping, restaurants, and major highway access, this property offers endless possibilities in a highly desirable location.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$496/sqft
Local Avg (Medford)$480/sqft
3% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Medford, MA.

Property Details

Financials

Original Price$899,000
Annual Taxes$6,889

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningSF2

Property & Lot

Acres0.09
SqFt Lot3,792
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Private School • Public School • University

Geography

Floorplan Breakdown

Structural Layout

Third
Bedroom 4
Second
Primary BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bedroom 3
Lvl Second
Bedroom 4
Lvl Third
Bathroom 1
Lvl First
Bathroom 2
Lvl Second

Property History

Price Drop
$849,000

Was $899,000

Sep 19, 2026

MLS® 73539713

Listed
$899,000

Jun 22, 2026

MLS® 73539713

Population

61,730

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$130K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

46.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 856 sq ft (the lesser of 900 sq ft or half the 1,711 sq ft principal dwelling). Lot size: 3,792 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Jacqueline Veri

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73539713

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