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    Two-Family Near Tufts University Title is generated by Realmo AI

    95-97 Capen St, Medford, MA 02155

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    For Sale
    $1,050,000

    Well-kept two-family near Tufts, with recent renovations and upgrades.

    Type:Multi Family
    Property size:
    2,604 SF
    Price / SF:
    $403/SF
    Added:
    Apr 8, 2026
    Days on Market:
    89
    Last Refresh:
    Apr 20 at 7:10 pm

    Property Features for 95-97 Capen St

    General Information

    Standard status
    Active
    Size
    2,604 SF
    Property subtype
    Multi Family

    Building Details

    Year Built
    1918

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    The Ali Joyce Team

    Listing office Real Broker MA, LLC

    Listing date Apr 8, 2026

    Source Lockandkeyre

    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 Real Broker MA, LLC

    HighLights

    • Prime location: Steps from Tufts University, under a mile to the Medford/Tufts Green Line, and minutes to Davis Square.
    • Two units: Unit 1 (2bed/1bath) with a new bathroom (2026) and Unit 2 (3bed/2bath) spanning two levels with a primary suite.
    • Unit 2 features renovated bath, built‑in storage, mini split, and in‑unit W/D.
    • Major capital improvements including new roof, sewer line, Mass Save whole‑house insulation, finished attic suite (2021), and EV charger.
    • Income potential: Opportunity to live in one unit and rent the other.
    • Shared amenities: Yard and garage.

    Overview

    This well-maintained two-family property is located steps from Tufts University, less than a mile from the Medford/Tufts Green Line, and a short distance from Davis Square. It offers convenient access to Boston, Cambridge, and Somerville via Routes 2 and 93. Unit 1 features 2 bedrooms and 1 bathroom with a new bathroom installed in 2026. Unit 2, spanning two levels, includes 3 bedrooms and 2 bathrooms, a primary suite, renovated bath, built-in storage, mini split, and in-unit washer and dryer. Both units have their own entrance, living room, dining room, eat-in kitchen, deck access, and ample natural light. The property includes a shared yard and garage. A park and playground are located down the street. Major capital improvements include a new roof, sewer line, Mass Save whole-house insulation, a finished attic suite completed in 2021, and an EV charger. The property size is 2604 square feet.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $82.8k $31.80
    − Vacancy −$4.1k −$1.57
    EGI $78.7k $30.23
    − OpEx −$23.6k −$9.07
    NOI $55.1k $21.16
    2,604 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $787.2K
    $688.8K – $918.4K (±1% cap)
    NOI $55,102 @ 7.0% cap · market cap 5.25%
    Second Best
    Apartment 5plus
    $740.2K
    $647.6K – $863.5K (±1% cap)
    NOI $51,811 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    Office A
    $1.54M
    $1.35M – $1.80M (±1% cap)
    NOI $107,909 @ 7.0% cap · market cap 10.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Food Market Grocery & Convenience Store Parking Lot & Garage Hotel & Motel Pharmacy Nail Salon Clothing & Fashion Store Hair Salon Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1271475
    Latitude
    42.4132164

    FAQs

    What type of property is this?
    Duplex - Well-kept two-family near Tufts, with recent renovations and upgrades.
    Where is this duplex located?
    The property is located at 95-97 Capen St Medford, MA.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: Prime location: Steps from Tufts University, under a mile to the Medford/Tufts Green Line, and minutes to Davis Square.; Two units: Unit 1 (2bed/1bath) with a new bathroom (2026) and Unit 2 (3bed/2bath) spanning two levels with a primary suite.; Unit 2 features renovated bath, built‑in storage, mini split, and in‑unit W/D.
    More about this property
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