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49-51 Spring Street Medford — Photo 1 of 42

49-51 Spring Street Medford — Photo 1 of 42

$2,250,000

49-51 Spring Street, Medford, MA 02155

Medford, MA 02155

Beds

8

Baths

7

SqFt

3,540

Style

2 Family - 2 Units Side by Side

Built

2026

Originally built in 1910 and comprehensively renovated, expanded and reimagined, 49–51 Spring Street has been transformed to offer the quality, finishes and functionality of modern construction while retaining the established character of the original property. Offered together at $2,250,000, this distinctive two-unit property presents an exceptional opportunity for an investor, multigenerational family or owner-occupant looking to purchase the entire property, live in one residence and generate rental income from the other. Extensive improvements include durable fiber-cement siding, white oak flooring throughout the finished living areas, thoughtfully designed kitchens and baths, updated systems and carefully selected architectural details, including red oak inlay accents above the porch of each residence. Both units offer three levels of finished living space with four bedrooms, three-and-a-half bathrooms and two ensuite bedrooms, providing tremendous flexibility for families, guests and work-from-home needs. Each residence also features convenient second-floor laundry, private outdoor space and ample additional storage in its own clean, unfinished basement, which is not included in the stated living area. For an investor, the two residences provide the opportunity to generate income from the entire property; for an owner-occupant, the ability to live in one unit while renting the other creates an attractive way to offset ownership expenses; and for a multigenerational family, the configuration allows relatives to live close together while maintaining the privacy and independence of separate homes. Ideally located near Tufts University, Medford Square, Somerville and Cambridge, with convenient access to I-93 and Boston, 49–51 Spring Street combines extensive renovation, flexible ownership possibilities and an increasingly difficult-to-find two-unit configuration.

Immersive Experience

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$636/sqft
Local Avg (Medford)$428/sqft
49% AboveMarket Average

* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Medford, MA.

Property Details

Financials

Original Price$2,250,000
Annual Taxes$8,985

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms15
FireplacesNone
FlooringWood, Tile, Hardwood, Stone/Ceramic Tile
BasementFull, Walk-Out Access, Interior Entry, Bulkhead, Concrete, Unfinished

Climate & Utilities

HeatingCentral, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSF2

Property & Lot

Acres0.12
SqFt Lot5,391
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Medical Facility

Geography

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 Provided By

Listing Agent: Ryan Cook

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73581226

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