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Medford Three-Family Near Tufts University

15-17 Golden Avenue, Medford, MA 02155

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For Sale

$1,459,000

Well-maintained three-family in desirable Medford location near Tufts University.

Type:3 Family

Property size:

3,488 SF

Price / SF:

$418/SF

HighLights

Prime location near Tufts University and the healthcare corridor, ensuring consistent tenant demand.
Turnkey opportunity with well‑maintained units in solid condition.
Desirable unit mix: one 3‑bed/1‑bath and two 2‑bed/1‑bath units.
Dedicated off‑street parking for each unit.
Close proximity to MBTA Green Line Extension, Davis Square (Red Line), I‑93, and Logan Airport.
Rare opportunity to own a three‑family property in the highly desirable Medford market.

We can help!

Listing Contact

Daniel Colombo

Learn more

For Sale

$1,459,000

Well-maintained three-family in desirable Medford location near Tufts University.

Type:3 Family

Property size:

3,488 SF

Price / SF:

$418/SF

Added:: Apr 8, 2026
Days on Market:: 65
Last Refresh:: Apr 20 at 7:00 pm

Property Features for 15-17 Golden Avenue

General Information

Standard status: Active
Size: 3,488 SF
Property subtype: 3 Family

Building Details

Year Built: 1900

We can help!

Listing Contact

Daniel Colombo

Listing agent Daniel Colombo

Listing office Colombo Real Estate LLC

Listing date Apr 8, 2026

Source Lockandkeyre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Colombo Real Estate LLC

HighLights

Prime location near Tufts University and the healthcare corridor, ensuring consistent tenant demand.
Turnkey opportunity with well‑maintained units in solid condition.
Desirable unit mix: one 3‑bed/1‑bath and two 2‑bed/1‑bath units.
Dedicated off‑street parking for each unit.
Close proximity to MBTA Green Line Extension, Davis Square (Red Line), I‑93, and Logan Airport.
Rare opportunity to own a three‑family property in the highly desirable Medford market.

Overview

This well-maintained three-family property is located in the desirable Medford market, near Tufts University and the healthcare corridor along Mystic Valley Parkway. The building contains one 3-bedroom, 1-bathroom unit and two 2-bedroom, 1-bathroom units. Each unit includes dedicated off-street parking. The units are in solid condition, presenting a turnkey opportunity. The property is located close to the MBTA Green Line Extension, Davis Square (Red Line), I-93, and Logan Airport. The property size is 3488 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$110.9k	$31.80
− Vacancy	−$5.5k	−$1.57
EGI	$105.4k	$30.23
− OpEx	−$31.6k	−$9.07
NOI	$73.8k	$21.16

3,488 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.05M

$922.6K – $1.23M (±1% cap)

NOI $73,807 @ 7.0% cap · market cap 5.06%

Second Best

Apartment 5plus

$991.4K

$867.5K – $1.16M (±1% cap)

NOI $69,399 @ 7.0% cap · market cap 4.76%

Theoretical Best

Office A

$2.06M

$1.81M – $2.41M (±1% cap)

NOI $144,542 @ 7.0% cap · market cap 9.91%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Medford
County: Middlesex
State: Massachusetts
Longitude: -71.10751
Latitude: 42.406351

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For sale
Triplexes
MA
Medford
02155
15-17 Golden Avenue

What type of property is this?

Triplex - Well-maintained three-family in desirable Medford location near Tufts University.

Where is this triplex located?

The property is located at 15-17 Golden Avenue Medford, MA.

What is the asking price?

The asking price for this property is $1,459,000.

What are key features of this property?

This property features: Prime location near Tufts University and the healthcare corridor, ensuring consistent tenant demand.; Turnkey opportunity with well‑maintained units in solid condition.; Desirable unit mix: one 3‑bed/1‑bath and two 2‑bed/1‑bath units.