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.
This home has been viewed 8 times
Last Checked: October 29th, 2026 at 7:48pm (Source: MLS PIN #73596463)
Gross Income: $72,000
Gross Expenses: $10,147
Net Income Calc: $61,853
Annual Expenses for 336-338 Riverside Ave, Medford MA 02155
Total Gross Expenses (Calculated)$10,147/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10147
Annual Income & Unit Breakdown for 336-338 Riverside Ave, Medford MA 02155
Total Gross Income (Calculated)$72,000
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit3
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit1
Rent IncludesHeat
General Information for 336-338 Riverside Ave, Medford MA 02155
Listing ID73596463
Property TypeMulti Family
Price1249000 ($283.03/SqFt)
StyleMulti Family
CityMedford
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4413
Approximate Lot Size (Acres)0.14
Total Parking9 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningUnknown
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 336-338 Riverside Ave, Medford MA 02155
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourceOwner
ExclusionsBlack Light Fixture Above Storage Bench In Kitchen.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 336-338 Riverside Ave, Medford MA 02155
Real Estate Taxes10147
Tax Year2026
Assessed Value$1,175,800
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 336-338 Riverside Ave, Medford MA 02155
Elementary SchoolMcglynn Elementary School
Middle SchoolAndrews Middle School
High SchoolMedford High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 336-338 Riverside Ave, Medford MA 02155