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Two-Unit Residential Income Duplex

178-180 Brookside Pkwy Medford, MA 02155

178-180 Brookside Pkwy, Medford, MA, 02155
$949,999
For Sale
$949,999

MULTI_FAMILY - Medford, MA

Property Size2,188 SF
Lot Size0.09 Acres
Price / SF$434.19
Days on Market47

Property Features for 178-180 Brookside Pkwy

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 1
Parking
4
Standard status
Active
Size
2,188 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
7059

Building Details

Year built
1918
Floors in Building
2
Number of units
2
Listing agency RE/MAX Bell Park Realty
Listed by Michael Meehan · License #458161
Added: Jun 5 Updated: Jul 12 at 3:12AM Checked: Jul 21 at 12:06PM
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.

This two-unit duplex offers two separate residential units within one well-maintained property. Unit 1 includes two bedrooms, one full bathroom, a kitchen, a dining area, and a living room. Unit 2 features three bedrooms, one full bathroom, a kitchen, and a dining area, with a standout living room highlighted by vaulted ceilings and skylights that bring in natural light. Washer and dryers are available for both units, supporting everyday convenience.

The property is located in Medford, Massachusetts, at 178-180 Brookside Pkwy. Public remarks note easy access to major commuter routes and public transportation, along with nearby shopping, dining, and parks. The same remarks also cite proximity to Boston and local schools/colleges.

For tenants, the unit mix provides flexibility for households seeking either a two-bedroom or larger three-bedroom configuration, with laundry availability included. For buyers, the duplex format supports an owner-occupant arrangement or rental use, while the private yard and ample parking help round out day-to-day livability. This is a practical option for anyone looking to own a multi-family residence in Medford with two distinct units and straightforward, functional features.

Key Highlights

  • Two‑unit multi‑family home built in 1918
  • Unit 1: 2 bedrooms, 1 full bath, kitchen, dining room, and living room
  • Unit 2: 3 bedrooms, 1 full bath, kitchen, and dining room

Local 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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Restaurant Parking Lot & Garage Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center Travel Agency (Bike/Boat/Book/etc) Store Hotel & Motel

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

FAQs

What type of property is this?
Duplex - Owner-occupy or invest in a two-unit duplex with separate layouts, on-site laundry access, yard, and parking.
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: Two‑unit multi‑family home built in 1918; Unit 1: 2 bedrooms, 1 full bath, kitchen, dining room, and living room; Unit 2: 3 bedrooms, 1 full bath, kitchen, and dining room
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