Versatile Medford two-family (3 total units) offering established rental income and exceptional flexibility across four levels of living space. The first-floor residence at 336 features 3 bedrooms, 1 full bath, an open-concept main living area flowing into a large modern kitchen with granite counters and stainless appliances, while built-in cabinets, decorative pendant lights, and hardwood floors add distinctive charm. Currently leased through August at $3,400 per month. Unit 338 spans the top two floors and offers 4 bedrooms, 1.5 baths, an office, a top-floor family room with a wet bar and walk-out access to a private roof deck. Both residences feature newer windows with an abundance of natural light, ductless mini-splits and ceiling fans for year-round comfort, plus in-unit laundry. The lower-level unit 338B is a finished walkout basement with two bedrooms, a full bath, a kitchenette, and a laundry room, currently leased through August at $2,600 per month. Outdoor amenities include a fenced, landscaped yard, backyard patio, detached two-car garage, and five additional off-street parking spaces. Ideally located near the shops, restaurants, and entertainment at Meadow Glenn Mall, Medford Square, and Assembly Row, with easy access to Boston via I-93 and the Orange Line. A compelling opportunity to own a flexible two-family property with income potential and multiple living options in Medford.
Glenwood, located between Medford Square and the Mystic River, is a residential and commuter-friendly Medford neighborhood with hillside streets and pocket parks. The neighborhood’s character concentrates around the Medford Square cluster at High Street and Riverside Avenue, where independent cafes, small restaurants, and civic storefronts keep the sidewalks active. Triple-deckers and compact single-family homes mix with brick institutional buildings, giving blocks a classic Greater Boston rhythm. The Mystic River paths and nearby green edges shape daily routines with water views and walking loops. Chevalier Theatre, Deep Cuts, and Colleen’s Ice Cream & Sandwich Shop act as local pillars for shows, music, and a familiar counter-service stop. MBTA bus lines and the nearby Medford/Tufts Green Line station connect the area to the wider region.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Picture windows, insulated windows, and screens
Ceiling fans
Upgraded stone, granite, or solid-surface countertops
Open floor plan
Remodeled
Lead certification available
Bathrooms
3 full bathrooms
1 half bathroom
Bathrooms with tubs and showers
Bathrooms with shower stalls
Kitchen
Range, disposal, microwave, refrigerator, freezer, and dishwasher
Laundry & utility
Washer and dryer
Flooring
Tile and hardwood flooring; other flooring varies
Heating & cooling
Natural gas heating
Ductless and window-unit cooling
Exterior features
Fenced yard
Porch, covered deck, and patio
Rain gutters
Professional landscaping
Corner lot
Public road frontage
Home design
Multifamily property
6 stories
Parking
2-car garage
5 open parking spaces
Paved drive and paved off-street parking
Assigned parking
Construction
Concrete perimeter foundation
Shingle roof
Lead paint certified treated
Utilities
Public water
Public sewer
Circuit breakers
HOA & community
Nearby public transportation, shopping, tennis courts, parks, walk/jog trails, laundromat, highway access, houses of worship, public school, and T-station
Electricity and solar
View estimated energy costs and solar savings for this home
Wellington Area! Large two family with possible expansion on second floor level to attic. Hardwood floors with built in China closets. Generous corner lot with fenced in yard, 2 car garage and additional parking for 4 cars. Located near the Fellsway with easy access to 93, stores, restaurants, public transportation, Wellington Station and the New Station Landing! Priced below the assessed value. Truly a Must See!
Year
Property tax
Land + Additions
Assessment*
2026
$10,147 (+11.5%)
$382,700 + $793,100
$1,175,800
2024
$9,102 (+2.3%)
$347,100 + $721,200
$1,068,300
2023
$8,900 (−1.2%)
$324,400 + $704,500
$1,028,900
2022
$9,005 (+6.7%)
$294,900 + $704,500
$999,400
2021
$8,437 (+1.4%)
$280,800 + $615,800
$896,600
2020
$8,323 (+5.0%)
$280,900 + $625,700
$906,600
2019
$7,927 (+5.2%)
$255,300 + $570,400
$825,700
2018
$7,538 (+11.5%)
$232,100 + $504,000
$736,100
2017
$6,762 (+10.8%)
$216,900 + $423,400
$640,300
2016
$6,101 (+5.7%)
$197,200 + $348,000
$545,200
2015
$5,773 (+7.1%)
$187,800 + $305,600
$493,400
2014
$5,390 (+4.2%)
$178,800 + $261,200
$440,000
2013
$5,173 (+3.3%)
$188,300 + $230,200
$418,500
2012
$5,009 (+4.2%)
$188,300 + $228,100
$416,400
2011
$4,808 (+3.1%)
$188,300 + $225,800
$414,100
2010
$4,664 (+3.9%)
$188,300 + $236,500
$424,800
2009
$4,488
$198,400 + $246,800
$445,200
Public record
Public record
Permits
Beds
6
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,098 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,925
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,925
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
2372003S
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 10, 2026.
Jan 17, 2019 • Final
Building permit, one or two family dwelling
Remodel
Dec 10, 2018 • Final
Building permit, one or two family dwelling
Remodel
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.
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,...
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
6/10 Wind Factor
63% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Medford, MA • 02155
Average low and high temperatures (°F)
33
20
36
21
51
32
59
40
68
51
80
61
84
66
80
60
75
56
64
46
52
37
38
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 5% for direct sun exposure in Medford. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 336-338 Riverside Ave
$1,237,768
$11K under list price of $1.25M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.2M to $1.5M.