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Two-Family Home with Walk-Up Attic
For Sale
$1,100,000
Pending

7 Yale St, Medford, MA 02155

Residential Income, Medford, MA

Property Size2,412 SF
Lot Size0.08 Acres
Days on Market106

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 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 2
Parking 4
High school Medford High
Directions Main to Yale
Standard status Pending
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
Listed By: John Veneziano
Added: Jun 22 Changed: Sep 25 Last Checked: Oct 5 at 4:06PM
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.

This 1918 two-family home contains 2,412 square feet on a 0.0783-acre lot. Each residence has five rooms, two bedrooms, an updated kitchen with pantry, and both front and rear porches. The upper unit includes a separate area suited to office use, along with a walk-up attic that provides substantial storage. Basement storage adds further utility, while the recently painted exterior and off-street parking support day-to-day functionality. The property is zoned GR.

The home is located in Medford near Tufts University, Davis Square, Ball Square, and the Green Line train. Shops, restaurants, parks, and public transportation are within walking distance. The two-unit layout, additional storage areas, and upper-level office space accommodate a range of residential income and occupancy arrangements without relying on a single-use configuration.

Key Highlights

  • Two‑family property with 2,412 square feet of building area
  • Built in 1918 on a 0.0783‑acre lot
  • Each unit includes 5 rooms and 2 bedrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,039
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $51,039 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$685.6K
$599.9K – $799.9K (±1% cap)
NOI $47,991 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $99,953 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store Hotel & Motel Computer & Electronic Repair Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,303
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-kept duplex with updated kitchens, porches, off-street parking, and convenient access to transit and nearby commercial amenities.
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 $1,100,000.
What are key features of this property?
This property features: Two‑family property with 2,412 square feet of building area; Built in 1918 on a 0.0783‑acre lot; Each unit includes 5 rooms and 2 bedrooms
More about this property
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