Terrific multi-family in an unbeatable location—just moments from the Orange Line, Station Landing, and vibrant Assembly Row. Whether you’re looking for a strong income-producing property, a place to grow some equity or a versatile home for multi-generational living, this one checks all the boxes! Features include open plan with a great layout, two plus bedrooms per unit, with room to work from home. Both units are spacious, with hardwood floors, built ins and decks for relaxing. The garden is a blank slate and awaits your ideas. The off-street parking is great, with a two-car garage and plenty of driveway space. Systems are newer, first floor is on demand water and heat, second floor has a newer system and oil tank, for peace of mind. The third floor is finished, spacious and offers a large open space, a private office/guest space, plus a full bath, excellent potential to add value. A smart choice for investors or owner-occupants alike with easy access to Boston and Cambridge.
Multi-familyProperty Type
1925Year Built
4,510 sq ftLot Size
$439Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Steve McKenna & The Home Advantage Team• Gibson Sotheby's International Realty
Bought with Rebecca Huang• East West Real Estate, LLC
In desirable Medford, this lovely 2-family home offers replacement windows throughout, a well-maintained exterior and a 2 car garage. Under a mile to Wellington Station & Mystic River Reservation, and offers easy access to bus routes, Assembly Row as well as even closer shops/restaurants. This is a great opportunity to acquire an investment property, convert to condos or owner occupy. The renovated 1st floor unit has 1,415 square feet and offers gleaming re-finished hardwood floors throughout. It has large living & dining rooms, 2 good-sized bedrooms and an updated full bath & kitchen. The 2nd/3rd levels house the owner's unit w/2,190 square feet. There is a sun-filled living room, a comfortable family room, and large dining room on the 2nd level, along with an eat-in kitchen, 2 nice bedrooms and a full bath. Less recently finished, the 3rd level has a bonus room, bedroom & full bath. Both units have private porches off the back entry with steps to the yard with patio & grassy space.
Year
Property tax
Land + Additions
Assessment*
2026
$9,255 (+2.6%)
$353,500 + $718,900
$1,072,400
2025
$9,024 (+8.8%)
$336,600 + $688,900
$1,025,500
2024
$8,292 (+2.0%)
$320,600 + $652,600
$973,200
2023
$8,128 (−1.1%)
$299,600 + $640,100
$939,700
2022
$8,222 (+6.8%)
$272,400 + $640,100
$912,500
2021
$7,695 (+1.4%)
$259,400 + $558,400
$817,800
2020
$7,591 (+4.9%)
$259,400 + $567,500
$826,900
2019
$7,233 (+9.5%)
$235,800 + $517,600
$753,400
2018
$6,606 (+6.7%)
$214,300 + $430,800
$645,100
2017
$6,190 (+2.4%)
$200,300 + $385,900
$586,200
2016
$6,045 (+6.2%)
$182,100 + $358,100
$540,200
2015
$5,694 (+7.6%)
$173,500 + $313,200
$486,700
2014
$5,290 (+5.9%)
$165,200 + $266,600
$431,800
2013
$4,995 (+3.3%)
$173,900 + $230,200
$404,100
2012
$4,836 (+4.2%)
$173,900 + $228,100
$402,000
2011
$4,642 (+3.0%)
$173,900 + $225,900
$399,800
2010
$4,506 (+2.6%)
$173,900 + $236,500
$410,400
2009
$4,393
$179,600 + $256,200
$435,800
Tax history for 547 - 549 Riverside Ave
Year
Property tax
Land + Additions
Assessment*
2026
$9,255 (+2.6%)
$353,500 + $718,900
$1,072,400
2025
$9,024 (+8.8%)
$336,600 + $688,900
$1,025,500
2024
$8,292 (+2.0%)
$320,600 + $652,600
$973,200
2023
$8,128 (−1.1%)
$299,600 + $640,100
$939,700
2022
$8,222 (+6.8%)
$272,400 + $640,100
$912,500
2021
$7,695 (+1.4%)
$259,400 + $558,400
$817,800
2020
$7,591 (+4.9%)
$259,400 + $567,500
$826,900
2019
$7,233 (+9.5%)
$235,800 + $517,600
$753,400
2018
$6,606 (+6.7%)
$214,300 + $430,800
$645,100
2017
$6,190 (+2.4%)
$200,300 + $385,900
$586,200
2016
$6,045 (+6.2%)
$182,100 + $358,100
$540,200
2015
$5,694 (+7.6%)
$173,500 + $313,200
$486,700
2014
$5,290 (+5.9%)
$165,200 + $266,600
$431,800
2013
$4,995 (+3.3%)
$173,900 + $230,200
$404,100
2012
$4,836 (+4.2%)
$173,900 + $228,100
$402,000
2011
$4,642 (+3.0%)
$173,900 + $225,900
$399,800
2010
$4,506 (+2.6%)
$173,900 + $236,500
$410,400
2009
$4,393
$179,600 + $256,200
$435,800
*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
5
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,356 Sq. Ft.
Year renovated
—
Sq. Ft.
3,051
Year built
1925
Style
Multi-Family (2-4 Unit)
County
Middlesex County
APN
1663626S
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
Jun 1, 2026 • Active
1 and 2 family residential building
Addition
ADU
Demolition
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.
Property details
Parking
Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 4
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 3
Basement Information
Basement: Full, Interior Entry, Unfinished
Laundry Information
Laundry Features: Electric Dryer Hookup, Washer Hookup
Interior Features
# of Rooms (Total): 13
Window Features: Insulated Windows
Flooring: Wood, Tile, Carpet
Interior Features: Bathroom With Tub & Shower, Open Floorplan, Storage, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Family Room, Office/Den
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 3,051
Foundation Details: Block, Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Color: Brown
Exterior Features
Roof: Shingle
Patio And Porch Features: Porch
Exterior Features: Balcony/Deck, Garden, Stone Wall
Property Information
PropertySubType: 2 Family - 2 Units Up/Down
Lot Information
Lot Size (Acres): 0.1
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $9,024
Tax Year: 2025
Utilities
Utility Information
Utilities: for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 100 Amp Service
Heating & Cooling
Has Heating
Heating: Natural Gas, Unit Control, Baseboard, Steam, Oil
Heating Units: 2
Cooling: Window Unit(s)
Location
Location Information
Directions: Fellsway to Riverside Avenue, house is between the Fellsway and Middlesex Avenue.
UnparsedAddress: 547 - 549 Riverside Avenue, Medford MA 02155
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Public School, T-Station
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 3,051
Stories: 3.0
Lot Size: 4,356 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1925
Year Renovated: —
County: Middlesex County
APN: 1663626S
Home facts updated by county records on Jul 30, 2026
Other
Listing Information
Exclusions: Personal Belongings.
StandardStatus: Closed
Around this home
Schools
John J McGlynn Elementary School
Public PreK-5 • Assigned • 0.8mi
4/10
John J. McGlynn Middle School
Public 6-8 • Assigned • 0.8mi
5/10
Medford High School
Public PreK-12 • Assigned • 2.7mi
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,...