Sold Aug 12, 2026$365,000
Active
297 Main St #3
Medford, MA 02155
$339,000
1Bedrooms
1Bathrooms
596Square feet
1971Year built
Residential · Active · MLS #73491586
Listing Courtesy of Gibson Sotheby's International Realty | Chuck Silverston Team
MLS PIN data
About this home
Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.
Property information
Details at a glance
Interior
- Rooms
- 3
- Heating
- Electric
- Cooling
- Window Unit(s)
- Flooring
- Tile, Laminate
Building
- Style
- Condominium
- Year built
- 1971
- Parking
- 1
Land & utilities
- Lot size
- 1 sq ft
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- res
Financial
- Annual taxes
- $2,560
- Assessment year
- 2025
- HOA fee
- 324.79
Listing history
Price and status timeline
- Exp
$349,000 · Mar 12, 2025
- Exp
$388,000 · Sep 18, 2024
Property value estimate
An informed starting point
Automated estimates are not appraisals or guarantees of market value.
Comparable sales
Recent properties for context
Sold Jun 23, 2026$340,000
200 Park Terrace Dr #245
Sold Jun 15, 2026$349,000
410 Fellsview Terrace #415
Photo insights
Condition signals
Overall presentationaverage
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Medford
MetricThis propertyMedford
List price$339,000$759,00055% below local
Price / sq ft$569$5366% above local
Days on market16251218% above local
Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.
Keep exploring
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Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
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Common questions
About 297 Main St #3
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