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Two-Unit Duplex with Private Yard
For Sale
$949,999

178-180 Brookside Pkwy, Medford, MA 02155

MULTI_FAMILY - Medford, MA

Property Size2,188 SF
Lot Size0.09 Acres
Price / SF$434.19
Days on Market58

Property Features for 178-180 Brookside Pkwy

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 5, Bathroom 1
Parking 4
Directions Please use GPS to address.
Standard status Active
Size 2,188 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7059

Amenities

private yard
washer and dryers

Building Details

Year built 1918
Floors in Building 2
Number of units 2
Listing Agency: RE/MAX Bell Park Realty · RE/MAX International
Listed By: Michael Meehan · License #458161
Added: Jun 5 Changed: Aug 1 Last Checked: Aug 1 at 3:06PM
MLS# 73531139

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

178-180 Brookside Pkwy is a well-maintained two-unit duplex built in 1918, offering two separate living spaces with practical layouts. Unit 1 includes two bedrooms and one full bath, along with a kitchen, dining area, and living room. Unit 2 features three bedrooms and one full bath, with a kitchen, dining room, and a living room highlighted by vaulted ceilings and natural light from skylights. Both units have washer and dryers available, supporting day-to-day convenience.

Outside, the property includes a private yard and plenty of parking. The home is located in Medford, with easy access to major commuter routes and public transportation, and close to shopping, dining, and parks.

Key Highlights

  • Unit 1: 2 bedrooms, 1 full bath, kitchen, dining, and living room
  • Unit 2: 3 bedrooms, 1 full bath, kitchen and dining, vaulted living room ceilings with skylights
  • Private yard plus plenty of parking

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $69.6k $31.80
− Vacancy −$3.4k −$1.57
EGI $66.1k $30.23
− OpEx −$19.8k −$9.07
NOI $46.3k $21.16
2,188 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$661.4K
$578.7K – $771.7K (±1% cap)
NOI $46,299 @ 7.0% cap · market cap 4.87%
Second Best
Apartment 5plus
$621.9K
$544.2K – $725.6K (±1% cap)
NOI $43,534 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,670 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Parking Lot & Garage Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,644
Businesses Nearby

Demographics for 02155, MA

61,483
Population
25,893
Households
2.4
Avg Household Size
36
Median Age
58%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
7,498
Density / Sq Mi
$118,403
Median Household Income
$60,825
Median Earnings
$2,483
Median Rent
$715,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit duplex with a private yard, plenty of parking, and in-unit washer and dryer access for both units.
Where is this duplex located?
The property is located at 178-180 Brookside Pkwy Medford, MA.
What is the asking price?
The asking price for this property is $949,999.
What are key features of this property?
This property features: Unit 1: 2 bedrooms, 1 full bath, kitchen, dining, and living room; Unit 2: 3 bedrooms, 1 full bath, kitchen and dining, vaulted living room ceilings with skylights; Private yard plus plenty of parking
More about this property
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