Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.
Listed by Anne P. Sasser
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Gibson Sotheby's International Realty
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617-799-3644
Listed by Chuck Silverston
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Gibson Sotheby's International Realty
Listed by Stewart Silvestri
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Gibson Sotheby's International Realty
Listed by Chuck Silverston Team
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Gibson Sotheby's International Realty
Listed by Lauren Small
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Gibson Sotheby's International Realty
Last updated March 29, 2026
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Source: MLSPin #73491586
Listing Facts
TypeCondo
NeighborhoodSouth Medford
Bedrooms1
Bathrooms1
Days on Prevu82
HOA/Maint. Fees$324.79/month
Taxes$2,560/year
Size596 sqft
Price per sqft$617
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
03/25/2026
Listed by Gibson Sotheby's International Realty
$368,000
Property Details for 297 Main St 3
Association
Amenities
Association Amenities: Hot Water, Laundry
Community Features: Public Transportation, Shopping, T-Station, University
Laundry Features: First Floor, Common Area, In Building
Sewer: Public Sewer
Utilities: For Electric Range
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 1 bathroom in this condo at 297 Main St 3.
Does this condo have parking?
Yes, there is 1 parking space available for 297 Main St 3.
What are the annual taxes for 297 Main St 3?
Annual taxes for this condo are estimated at $2,560.
How does 297 Main St 3 compare to other condos in South Medford?
This condo is listed 46% below the average price for condos in South Medford and has been on the market for 66 more days than the typical home in this area.
What is the square footage on this condo?
According to the MLS, this listing is 596 sqft.
297 Main St 3 is a 1-bedroom, 1-bath condo for sale in Medford MA 02155. Listed on Prevu for 82 days at $368,000. This home features 596 square feet of living space, located in South Medford. The median listing price for condos in this area is $738,000. Additional amenities include dishwasher and parking. Explore more condo listings in Medford.
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