Two-Family Duplex with
New
For Sale
$1,049,000
22-22a Valley Street, Medford, MA 02155
Separate utilities and dedicated basement laundry serve both residences.
Property Size2,608 SF
Price / SF$402.22
Days on Market4
Property Features for 22-22a Valley Street
General Information
Standard status
Active
Size
2,608 SF
Total Parking Spaces
4
Property subtype
Multi-family
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR, 1 x 3BR
Multifamily Units
2
Amenities
hardwood floors
private front and rear decks
dedicated washer and dryer facilities in the basement
private backyard
Building Details
Year Built
1920
Buildings
1
Tenancy
Multi
Listing Agency:
Metro Realty Corp.
Listed By:
Ryan McCormick
(617) 232-2255
Source:
Longwoodresidential
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 14 at 10:39PM
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 Metro Realty Corp.
Investment Insights
Based on property information with market context.
Built in 1920, this two-family property contains a two-bedroom residence and a three-bedroom residence arranged across two levels. Both units have living and dining areas, hardwood flooring, private decks at the front and rear, and individual washer and dryer facilities in the basement. Gas heat and hot water are separately metered by residence. Outdoor features include a backyard, a two-car garage, and two driveway parking spaces.
The property is in Medford, with Medford Square, public transportation, shopping, restaurants, parks, Route 93, and Assembly Row identified nearby. Both residences are leased through September 1, 2027.
The property is in Medford, with Medford Square, public transportation, shopping, restaurants, parks, Route 93, and Assembly Row identified nearby. Both residences are leased through September 1, 2027.
Key Highlights
- Two residences with a two‑bedroom and a three‑bedroom layout
- Both units leased through September 1, 2027
- Two‑car garage plus two driveway parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,186
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,720
$1.1M
Cap Rate 7%
$788,371
$788.4K
Cap Rate 9%
$613,178
$613.2K
Market Conditions
NOI Build-Up for 2,608 SF
Gross rent
$82.9K $31.80/SF
− Vacancy
−$4.1K −$1.57/SF
EGI
$78.8K $30.23/SF
− OpEx
−$23.7K −$9.07/SF
NOI
$55.2K $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%
$1,103,720
Cap Rate 7%
$788,371
Cap Rate 9%
$613,178
Alternative Uses
Best Use
Multifamily LT 5
$788.4K
$689.8K – $919.8K
NOI $55,186 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$741.3K
$648.6K – $864.8K
NOI $51,890 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $108,075 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,387
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities and dedicated basement laundry serve both residences.
Where is this duplex located?
The property is located at 22-22a Valley Street Medford, MA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Two residences with a two‑bedroom and a three‑bedroom layout; Both units leased through September 1, 2027; Two‑car garage plus two driveway parking spaces
