
40 Summer St Medford — Photo 1 of 4
Recent Drop: $999
$899,000
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.
Range • Refrigerator
Public Transportation • Shopping • Park • Private School • Public School • University
Was $899,999
Jun 22, 2026
MLS® 73537617
Jun 17, 2026
MLS® 73537617
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)
Listing Agent: Jacqueline Veri
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73537617