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86 Wright Ave Medford — Photo 1 of 39

86 Wright Ave Medford — Photo 1 of 39

$1,239,000

Investment Analysis — 86 Wright Ave

Medford, MA 02155

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02155 carries an estimated $7,150/mo in gross rent — about a 4.54% cap rate and $56,191/yr in estimated NOI at the $1,239,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

3,300

Style

2 Family - 2 Units Up/Down

Built

1910

Prime investment or owner-occupant opportunity in a highly sought-after South Medford neighborhood! Immaculate, sun-filled, and straight out of a design magazine, this charming two-family home features over 3,200 square feet of living space on an expansive 6,000+ square foot lot. Highlights include soaring high ceilings, newer replacement windows, freshly painted interiors, newly refinished hardwood floors, and wall A/C units throughout. Unit 1 offers a comfortable two-bedroom, one-bath layout complemented by a cozy three-season room off the kitchen. Unit 2 spans two upper levels, offering three spacious bedrooms and one full bath.With classic architectural details and a versatile floor plan, this property presents incredible potential for multi-generational living, rental income for an owner-occupant, or a condo conversion. Step outside to a partially fenced backyard featuring a private oasis ideal for outdoor entertaining, complete with garden containers, green space and storage shed. Additional amenities include plenty of off-street parking and a full walk-up basement with two sets of washers/dryers, abundant storage, and distinct expansion potential—whether adding a third unit or expanding the lower level into a duplex. Conveniently located near Main Street, I-93, Rte. 16, and MBTA bus lines for swift access to Davis Square, Tufts University, and Boston. No detail has been overlooked—this is the multi-family you have been waiting for!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$1,239,000
Annual Taxes$9,017

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms13
FireplacesNone
FlooringWood, Tile, Vinyl
BasementFull, Interior Entry, Sump Pump, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationBlock
ZoningGR

Property & Lot

Acres0.14
SqFt Lot6,000
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Listing Provided By

Listing Agent: Lisa Sheehan

Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties

MLS® Number: 73583779