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$1,399,000

124 Forest St Medford, MA 02155

6 beds
4 full
3,797 sqft
0.2 acres
$368 / sqft
Multi-Family

Property details

About 124 Forest St

Prime Investment Opportunity in Medford! Spacious and well-located, this true 3-family home offers over 3,000 sq ft of living space on an oversized lot just minutes from downtown Medford. Each unit features hardwood floors, a living room, eat-in kitchen, 2 bedrooms, and 1 bath. The semi-finished basement with full bath and good ceiling height offers expansion potential. Highlights include separate systems, ample off-street parking, outdoor space, and strong rental or condo conversion potential. Conveniently located near major highways, public transportation, and a vibrant mix of shops, restaurants, and amenities. Ideal for investors, developers, or owner-occupants.

Highlights

Home typeMulti Family
StatusActive
Size3,797 sqft
BasementYes
Lot size0.2 Acres
Year built1920
ParkingPaved Drive, Off Street, Paved
MLS #73385948

Summary

  • Full Bathrooms: 4
  • Basement: Yes
  • Flooring Type: Tile, Hardwood
  • Total Bedroom Count: 6
  • Parking: Paved Drive, Off Street, Paved
  • Exterior: Garden
  • List Price: $1,399,000
  • Price/SqFt: $368
  • Annual Tax Amount: $8,960
  • Tax Year: 2024
  • Directions: Lawrence St to Forest St
  • Year Built: 1920
  • Stories: 4
  • Living Area: 3,797 SqFt
  • Lot Size: 0.2 Acres
  • MLS Number: 73385948
  • MLS Name: MLS Property Information Network
  • Office Name: Senne
  • Office Phone: (617) 314-9400
  • Listing Agent: Ben Chau

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 01, 1994
Home Sold
$179,000
Feb 07, 1994
Home Sold
$160,000
Mar 02, 1988
Home Sold
$200,000

Tax history

YearAssessmentProperty Tax
2024$1,051,700$8,960
2023$1,013,900$8,770
2022$975,800$8,792
2021$913,400$8,595
2020$908,000$8,335
2019$848,800$8,148

History based on county public records data.

Nearby schools

5

Roberts Elementary School

Public District PK-5

0.4 mi

35 Court St

4

McGlynn Elementary School

Public District PK-5

1.1 mi

3002 Mystic Valley Pkwy

7

Brooks Elementary School

Public District PK-5

1.1 mi

388 High St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $106,908. The most common annual income of people living in Medford, MA is between $100k-200k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

15%
<35k
31%
35k-100k
46%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
6%
Single, with Kids
31%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • BMWBMW
  • MercedesMercedes
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 124 Forest St

The listing price of 124 Forest St property is $1,399,000.

The property 124 Forest St is a multi located in Medford, Massachusetts, 02155.

Active Listing: 124 Forest St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 124 Forest St are: Roberts Elementary School (GreatSchools Rating 5/10), McGlynn Elementary School (GreatSchools Rating 4/10), Brooks Elementary School (GreatSchools Rating 7/10), Andrews Middle School (GreatSchools Rating 5/10), McGlynn Middle School (GreatSchools Rating 4/10), Beebe (GreatSchools Rating 4/10), Medford High School (GreatSchools Rating 4/10), Malden High School (GreatSchools Rating 3/10), Somerville High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $8,960 (source: MLS/based on county public records data).

The last sale was on April 1, 1994 for $179,000 (source: MLS/tax record).

The property 124 Forest St is 3,797 SqFt (source: MLS/tax record).

The year of construction for 124 Forest St is 1920.

This home is located at 124 Forest St in Medford, MA and zip code 02155. This 3,797 square foot home, which was built in 1920, sits on a 0.20 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $1,399,000.

Medford, MA housing market in June 2025 saw over 34 listings sold above listed price, more than 8 sold at listed price and over 20 sold below. The inventory of homes for sale in Medford, MA between May and June 2025 increased by 7.3%. In June 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $860,000.

From Rocket Homes Real Estate and based on county public records data.

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