Prevu by reAlpha
BuySellBlogBrowse Listings

124 Forest StMedford, MA 02155

For Sale

$1,450,000

Smart Buyer Rebate $7,250

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.

Listed by Jason Pan

·

Midtown Properties, Inc.

·

617-834-4071

Last updated July 13, 2026

·

Source: MLSPin #73547016

Listing Facts

  • TypeMulti-family
  • NeighborhoodLawrence Estates
  • Bedrooms6
  • Bathrooms3
  • Days on Prevu22
  • Taxes$10,165/year
  • Size3,797 sqft
  • Price per sqft$382

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

07/09/2026
Listed by Midtown Properties, Inc.
$1,450,000

Property Details for 124 Forest St

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1920
  • Year Built Details: Approximate

Measurements

  • Building Area Total: 3,797
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.33
  • Lot Size Area: 0
  • Lot Size Square Feet: 14,506
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $110,400.00
  • Operating Expense: $39,505.00

Taxes

  • Parcel Number: M:J10 B:0046 L:0000,635258
  • Tax Annual Amount: $10,165.00
  • Tax Assessed Value: $1,181,400.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Washer, Dryer
  • Fireplace: Yes
  • Fireplaces Total: 2

Measurements

  • Living Area: 3,797
  • Living Area Source: Owner

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Rooms Total: 12

Parking

Parking

  • Open Parking Spaces: 6
  • Parking Total: 6

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 3 bathrooms in this multi-family home at 124 Forest St.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 124 Forest St.

What are the annual taxes for 124 Forest St?

Annual taxes for this multi-family home are estimated at $10,165.

How does 124 Forest St compare to other multi-family homes in Lawrence Estates?

This multi-family home is listed 21% above the average price for multi-family homes in Lawrence Estates and has been on the market for 1 more day than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,797 sqft.

124 Forest St is a 6-bedroom, 3-bath multi-family home for sale in Medford MA 02155. Available on Prevu for 22 days at $1,450,000. This property features 3,797 square feet of living space, located in Lawrence Estates. The median listing price for multi-family homes in this area is $949,999. Additional amenities include parking and washer/dryer. Explore more multi-family home listings in Medford.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.