Two-Unit Duplex with Central
New
For Sale
$994,820
84-86 Park St, Medford, MA 02155
Residential Income, Medford, MA
Property Size1,872 SF
Lot Size0.12 Acres
Price / SF$531.42
Days on Market2
Property Features for 84-86 Park St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
SF2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
Parking
4
Directions
Washington Street or Franklin Street to Park Street. (Please use GPS.)
Standard status
Active
APN
M:M11 B:0077 L:0000
Size
1,872 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7068
Amenities
central air
Building Details
Year built
1984
Floors in Building
2
Number of units
2
Listing Agency:
REMAX Andrew Realty Services · RE/MAX International
(781) 395-7676
Listed By:
John Veneziano
(617) 840-5499
Added: Oct 14
Last Checked: Oct 15 at 5:06AM
MLS# 73590719
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 1984-built duplex contains 1,872 square feet on a 0.1201-acre lot in Medford. Both residences have four rooms, including a living room, kitchen, two bedrooms, and a full bathroom. The first-floor apartment has been remodeled, and central air and separate utilities serve the property. Off-street parking provides two spaces for each unit, and the lot includes a level rear yard. The property is zoned SF2.
At 84-86 Park St, the duplex offers access to I-93, major routes, public transportation, the MBTA Station, and nearby shops and dining. Haines and Medford Squares, Mystic River, Wellington Circle, and Assembly Row are also among the destinations identified in the property information.
At 84-86 Park St, the duplex offers access to I-93, major routes, public transportation, the MBTA Station, and nearby shops and dining. Haines and Medford Squares, Mystic River, Wellington Circle, and Assembly Row are also among the destinations identified in the property information.
Key Highlights
- Two residences, each with four rooms, two bedrooms, and a full bath
- 1,872 square feet on a 0.1201‑acre lot
- Two off‑street parking spaces per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,612
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$792,240
$792.2K
Cap Rate 7%
$565,886
$565.9K
Cap Rate 9%
$440,133
$440.1K
Market Conditions
NOI Build-Up for 1,872 SF
Gross rent
$59.5K $31.80/SF
− Vacancy
−$2.9K −$1.57/SF
EGI
$56.6K $30.23/SF
− OpEx
−$17.0K −$9.07/SF
NOI
$39.6K $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%
$792,240
Cap Rate 7%
$565,886
Cap Rate 9%
$440,133
Alternative Uses
Best Use
Multifamily LT 5
$565.9K
$495.2K – $660.2K
NOI $39,612 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$532.1K
$465.6K – $620.8K
NOI $37,246 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$1.11M
$969.7K – $1.29M
NOI $77,575 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,847
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Separate utilities and off-street parking serve both residences, with a level yard at the rear.
Where is this duplex located?
The property is located at 84-86 Park St Medford, MA.
What is the asking price?
The asking price for this property is $994,820.
What are key features of this property?
This property features: Two residences, each with four rooms, two bedrooms, and a full bath; 1,872 square feet on a 0.1201‑acre lot; Two off‑street parking spaces per unit
