
40 Summer St Medford — Photo 1 of 4
Recent Drop: $50,999
$849,000
40 Summer St, Medford, MA 02155
Medford, MA 02155 — Tufts University
Beds
4
Baths
2
SqFt
1,711
Style
Multi 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.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Medford, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Private School • Public School • University
Geography
Property History
$849,000
Was $899,000
Sep 19, 2026
MLS® 73537617
$899,000
Was $899,999
Jun 22, 2026
MLS® 73537617
$899,999
Jun 17, 2026
MLS® 73537617
Population
61,730
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$130K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
46.0%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Jacqueline Veri
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73537617
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