Two-Family Home with Walk-Up
For Sale
$1,170,000
7 Yale St, Medford, MA 02155
MULTI_FAMILY - Medford, MA
Property Size2,412 SF
Lot Size0.08 Acres
Price / SF$485.07
Days on Market52
Property Features for 7 Yale St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
GR
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2
Parking
4
High school
Medford High
Directions
Main to Yale
Standard status
Active
APN
M:T09 B:0063 L:0000,643905
Size
2,412 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7452
Building Details
Year built
1918
Floors in Building
2
Number of units
2
Listing Agency:
REMAX Andrew Realty Services · RE/MAX International
(781) 395-7676
Listed By:
John Veneziano
(781) 395-7676
Added: Jun 22
Changed: Aug 11
Last Checked: Aug 12 at 2:06AM
MLS# 73539546
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.
Two-family (duplex) home built in 1918 on a 0.0783-acre lot with 2,412 SF of living space. Each unit features 5 rooms including 2 bedrooms, an updated kitchen with a pantry, and both front and back porches. The second-floor layout also includes additional space that can be used as a home office.
The upper unit is described as sun-filled and includes access to a huge walk-up attic that provides storage and future expansion potential. Additional storage is available in the basement. The exterior was recently painted and the property offers ample off-street parking.
Set in a highly desirable Medford area, the home is just steps from Tufts University and minutes to Davis & Ball sq and the new Green line train, with shops, restaurants, parks, and public transportation within walking distance. Zoning is GR.
The upper unit is described as sun-filled and includes access to a huge walk-up attic that provides storage and future expansion potential. Additional storage is available in the basement. The exterior was recently painted and the property offers ample off-street parking.
Set in a highly desirable Medford area, the home is just steps from Tufts University and minutes to Davis & Ball sq and the new Green line train, with shops, restaurants, parks, and public transportation within walking distance. Zoning is GR.
Key Highlights
- Duplex home built in 1918
- Each unit offers 5 rooms with 2 bedrooms
- Updated kitchen with pantry in both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,039
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,020,780
$1.0M
Cap Rate 7%
$729,129
$729.1K
Cap Rate 9%
$567,100
$567.1K
Market Conditions
NOI Build-Up for 2,412 SF
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.
Gross rent
$76.7K $31.80/SF
− Vacancy
−$3.8K −$1.57/SF
EGI
$72.9K $30.23/SF
− OpEx
−$21.9K −$9.07/SF
NOI
$51.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,020,780
Cap Rate 7%
$729,129
Cap Rate 9%
$567,100
Alternative Uses
Best Use
Multifamily LT 5
$729.1K
$638.0K – $850.7K
NOI $51,039 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$685.6K
$599.9K – $799.9K
NOI $47,991 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $99,953 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,303
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 - Two-family residence with an updated kitchen, front and back porches, and a huge walk-up attic for storage or expansion.
Where is this duplex located?
The property is located at 7 Yale St Medford, MA.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Duplex home built in 1918; Each unit offers 5 rooms with 2 bedrooms; Updated kitchen with pantry in both units
