Two-Unit Duplex with
New
For Sale
$1,049,000
22-22A Valley St., Medford, MA 02155
Both residences are leased through September 1, 2027, and have separate utilities for gas heat and hot water.
Property Size2,608 SF
Days on Market4
Property Features for 22-22A Valley St.
General Information
Standard status
Active
Size
2,608 SF
Total Parking Spaces
4
Property subtype
2 Family - 2 Units Up/Down
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
Taxes and HOA fees
Annual Taxes
$8,533
Amenities
hardwood floors
private front and rear decks
dedicated washer and dryer facilities
private backyard
Building Details
Building Size
2,608 SF
Year Built
1920
Construction
traditional
Listing Agency:
Metro Realty Corp.
Listed By:
Ryan McCormick
(617) 232-2255
Source:
Allisonmazer
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 1:16AM
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.
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Investment Insights
Based on property information with market context.
This 2,608-square-foot duplex, built in 1920, contains two residences with five bedrooms and two full bathrooms in total. The first unit has two bedrooms; the second spans two levels and has three. Both include living and dining areas, hardwood floors, and private decks at the front and rear. Basement laundry facilities are dedicated to each residence, and the property has separate utilities, including gas heat and hot water. Zoning is GR.
The property includes a two-car garage, two driveway parking spaces, and a private backyard. Both units are leased through September 1, 2027. Nearby destinations listed include Medford Square, Assembly Row, shopping, restaurants, parks, public transportation, and Route 93.
The property includes a two-car garage, two driveway parking spaces, and a private backyard. Both units are leased through September 1, 2027. Nearby destinations listed include Medford Square, Assembly Row, shopping, restaurants, parks, public transportation, and Route 93.
Key Highlights
- 2,608‑square‑foot duplex built in 1920
- Two residences with five bedrooms and two full bathrooms combined
- Two‑bedroom unit plus a three‑bedroom unit arranged over two levels
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased through September 1, 2027, and have separate utilities for gas heat and hot water.
Where is this duplex located?
The property is located at 22-22A Valley St. 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: 2,608‑square‑foot duplex built in 1920; Two residences with five bedrooms and two full bathrooms combined; Two‑bedroom unit plus a three‑bedroom unit arranged over two levels
