Medford 2-family - Prime location abutting a quiet neighborhood, walking trails along Mystic River through the school, easy access to 93, Riverside Yacht Club/Marina, and under 2 minutes to Meadow Glen mall (Wegman's, Dicks, Marshalls, etc and close proximity to Wellington Square! 2 units side by side with common vestibule, huge fenced front and rear yard, 5-6 off-street parking spots, turnkey with strong historical rents. Units have historical charm with exposed beams, wide pine floors, fireplaces, cathedral primary bedrooms. Left side unit is tenanted through the end of May, right side unit is vacant. See historical rental data in paperclip attachment. Zoning study also available via paperclip. Great opportunity to get into the Medford market with a 5.68% CAP rate investment property! See firm remarks for property website.
Multi-familyProperty Type
1910Year Built
6,513 sq ftLot Size
$481Est. Price/Sq.Ft.
5 spacesParking
Listed by James Riel• JR Associates
Bought with Andrei Mirza• Boston Suburbs Real Estate
This is an extremely small, two-unit property, on a busy street. The living area and kitchen are on the first floor and space is limited. A narrow flight of stairs leads to two bedrooms and a bath. Both bedrooms are quite small. The yard around the...
house is in good shape. Big driveway.
12 years ago• May not reflect the current state of the home
Dave Bennett
Redfin Associate agent
Sale history for 306 Riverside Ave
Date
Event
Price
MLS PIN #73233008
Jun 10, 2024
Sold
$850,000
$441/sq ft
May 7, 2024
Contingent
—
May 3, 2024
Listed
$850,000
$441/sq ft
MLS PIN #71650264
May 30, 2014
Sold
$490,000
$254/sq ft
Apr 25, 2014
Contingent
—
Mar 29, 2014
Price Changed
$498,000
$258/sq ft
Mar 26, 2014
Listed
$499,000
$259/sq ft
+18
Incredible opportunity to own an updated, move-in condition 2 family home in a great area of Medford for under $500K! This home boasts a large corner lot with a fenced in yard and a private driveway. Interior features include pine flooring, a new kitchen, newer windows, 4 fireplaces, a young roof, new furnace, new water heaters, and the basement was waterproofed last year (lifetime warranty!). Live in one side and have tenants on the other side pay for most of your expenses. One unit will be delivered vacant. Perfect for the savvy investor-owner occupant. Great opportunity, don't miss out! First showings at open houses, 3/29 & 3/30.
Public Records
Jun 26, 2001
Sold
$291,500
$151/sq ft
Public Records
Oct 1, 1997
Sold
$155,000
$80/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$7,059 (+11.0%)
$393,400 + $424,600
$818,000
2024
$6,360 (+2.6%)
$356,800 + $389,700
$746,500
2023
$6,198 (+0.2%)
$333,400 + $383,100
$716,500
2022
$6,183 (+5.2%)
$303,100 + $383,100
$686,200
2021
$5,878 (+1.7%)
$288,700 + $336,000
$624,700
2020
$5,782 (+4.8%)
$288,700 + $341,200
$629,900
2019
$5,518 (+4.5%)
$262,400 + $312,400
$574,800
2018
$5,279 (+5.8%)
$238,500 + $277,000
$515,500
2017
$4,989 (−4.4%)
$222,900 + $249,500
$472,400
2016
$5,216 (+6.8%)
$202,700 + $263,400
$466,100
2015
$4,882 (+6.2%)
$193,000 + $224,300
$417,300
2014
$4,599 (+3.4%)
$183,800 + $191,600
$375,400
2013
$4,447 (+3.2%)
$193,500 + $166,300
$359,800
2012
$4,310 (+3.3%)
$193,500 + $164,800
$358,300
2011
$4,174 (+3.6%)
$193,500 + $166,000
$359,500
2010
$4,030 (−0.2%)
$193,500 + $173,500
$367,000
2009
$4,040
$203,900 + $196,900
$400,800
Tax history for 306 Riverside Ave
Year
Property tax
Land + Additions
Assessment*
2026
$7,059 (+11.0%)
$393,400 + $424,600
$818,000
2024
$6,360 (+2.6%)
$356,800 + $389,700
$746,500
2023
$6,198 (+0.2%)
$333,400 + $383,100
$716,500
2022
$6,183 (+5.2%)
$303,100 + $383,100
$686,200
2021
$5,878 (+1.7%)
$288,700 + $336,000
$624,700
2020
$5,782 (+4.8%)
$288,700 + $341,200
$629,900
2019
$5,518 (+4.5%)
$262,400 + $312,400
$574,800
2018
$5,279 (+5.8%)
$238,500 + $277,000
$515,500
2017
$4,989 (−4.4%)
$222,900 + $249,500
$472,400
2016
$5,216 (+6.8%)
$202,700 + $263,400
$466,100
2015
$4,882 (+6.2%)
$193,000 + $224,300
$417,300
2014
$4,599 (+3.4%)
$183,800 + $191,600
$375,400
2013
$4,447 (+3.2%)
$193,500 + $166,300
$359,800
2012
$4,310 (+3.3%)
$193,500 + $164,800
$358,300
2011
$4,174 (+3.6%)
$193,500 + $166,000
$359,500
2010
$4,030 (−0.2%)
$193,500 + $173,500
$367,000
2009
$4,040
$203,900 + $196,900
$400,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,534 Sq. Ft.
Year renovated
—
Sq. Ft.
1,878
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
3035752S
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2026.
Jun 27, 2024 • Final
Electrical
Electrical
Aug 8, 2014 • Active
Plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Directions: Property located at the corner of Riverside Ave and Hunewill Ave. Use GPS
UnparsedAddress: 306 Riverside Ave, Medford MA 02155
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Marina, Public School, University
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,878
Stories: 2.0
Lot Size: 6,534 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: —
County: Middlesex County
APN: 3035752S
Home facts updated by county records on Jul 29, 2026
Other
Miscellaneous Information
Heat Zones: 2
Listing Information
StandardStatus: Closed
Around this home
Schools
John J McGlynn Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
Andrews Middle School
Public 6-8 • Assigned • 0.1mi
6/10
Medford High School
Public PreK-12 • Assigned • 2.0mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The origin of both "Jingle Bells" and "Over the River!" Medford has become more desirable recently with the Green Line Extension and as folks are looking for an "urban suburban" property. Medford has a mix of condos, detached homes, and townhouses,...