40 Summer St Medford — Photo 1 of 4
Recent Drop: $50,000
$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.
Key facts
It was listed on June 17, 2026. The price has come down from an original $899,999 to $849,000 across 2 changes, most recently on September 19, 2026. The annual property taxes are $6,889 (2026 tax year). It sits on a 0.09-acre (3,792 sq ft) lot.
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
Questions about this home
When was 40 Summer St, Medford listed?
40 Summer St, Medford was listed on June 17, 2026.
Has the price of 40 Summer St, Medford changed?
The price has come down from an original $899,999 to $849,000 across 2 changes, most recently on September 19, 2026.
What are the property taxes for 40 Summer St, Medford?
The annual property taxes for 40 Summer St, Medford are $6,889 (2026 tax year).
How big is the lot at 40 Summer St, Medford?
40 Summer St, Medford sits on a 0.09-acre (3,792 sq ft) lot.
What is the status of 40 Summer St, Medford?
40 Summer St, Medford is actively listed for sale.
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
