
38 Summer St Medford — Photo 1 of 4
$899,000
Medford, MA 02155 — Tufts University
Beds
4
Baths
2
SqFt
1,711
Style
Single Family
Built
1910
This versatile property, currently configured as a two-family home, was originally a single-family residence and was converted in the 1980s. With a strong rental history, it presents an excellent investment opportunity while also offering tremendous potential for redevelopment. Ideal for a builder, contractor, or homeowner with a vision, the property could be renovated and restored to its original single-family layout. Conveniently located just a short distance from Tufts University, the Green Line Extension, shopping, restaurants, and major highway access, this property offers endless possibilities in a highly desirable location.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Medford, MA.
Gas Water Heater • Range • Refrigerator
Public Transportation • Shopping • Park • Private School • Public School • University
61,730
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$130K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
46.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 856 sq ft (the lesser of 900 sq ft or half the 1,711 sq ft principal dwelling). Lot size: 3,792 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Jacqueline Veri
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73539713
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