Two-Family Duplex with Off-Street
New
For Sale
$1,099,900
12-14 Marshall Street, Medford, MA 02155
Residential Income, Medford, MA
Property Size3,261 SF
Lot Size0.10 Acres
Price / SF$337.29
Days on Market2
Property Features for 12-14 Marshall Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
res
Bedrooms
5
Bathrooms
3
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 4
Parking
5
Directions
off of Winthrop Street. Martin-Taylor-Marshall
Subdivision
Tufts University
Standard status
Active
Size
3,261 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
10139
Building Details
Year built
1912
Floors in Building
4
Number of units
2
Listing Agency:
RE/MAX Encore · RE/MAX International
Listed By:
Elaine Hoff
(978) 988-0028
Added: Oct 22
Last Checked: Oct 23 at 5:06AM
MLS# 73594111
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.
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Investment Insights
Based on property information with market context.
This 1912 duplex contains two residences within 3,261 square feet. The first-floor unit has two bedrooms, an eat-in kitchen, dining room, living room, and front porch. The second residence occupies the second and third floors, with three bedrooms, an eat-in kitchen, living and dining rooms, and an additional sitting room. Hardwood floors and a built-in glass hutch are among its interior details. A third-floor bonus room, half bath, and storage add to the upper unit’s layout.
The lower level includes an unheated bonus room with a wet bar and half bath. The property sits on a 0.1025-acre lot and has off-street parking for four vehicles. Zoning is residential. The address is 12-14 Marshall Street in Medford, Massachusetts.
The lower level includes an unheated bonus room with a wet bar and half bath. The property sits on a 0.1025-acre lot and has off-street parking for four vehicles. Zoning is residential. The address is 12-14 Marshall Street in Medford, Massachusetts.
Key Highlights
- Two‑family property with 3,261 square feet of living area
- First‑floor unit has 2 bedrooms; upper unit has 3 bedrooms across the second and third floors
- Four off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,004
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,080
$1.4M
Cap Rate 7%
$985,771
$985.8K
Cap Rate 9%
$766,711
$766.7K
Market Conditions
NOI Build-Up for 3,261 SF
Gross rent
$103.7K $31.80/SF
− Vacancy
−$5.1K −$1.57/SF
EGI
$98.6K $30.23/SF
− OpEx
−$29.6K −$9.07/SF
NOI
$69.0K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,080
Cap Rate 7%
$985,771
Cap Rate 9%
$766,711
Alternative Uses
Best Use
Multifamily LT 5
$985.8K
$862.6K – $1.15M
NOI $69,004 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$926.9K
$811.0K – $1.08M
NOI $64,883 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,135 @ 7.0% cap · market cap 12.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,649
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The upper residence spans two floors and includes a third-floor bonus room, half bath, and storage.
Where is this duplex located?
The property is located at 12-14 Marshall Street Medford, MA.
What is the asking price?
The asking price for this property is $1,099,900.
What are key features of this property?
This property features: Two‑family property with 3,261 square feet of living area; First‑floor unit has 2 bedrooms; upper unit has 3 bedrooms across the second and third floors; Four off‑street parking spaces
