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Pending
  • $1,299,000

    124 Jason St, Arlington, MA 02476

    5beds
    2,447sqft
    : 
    $8,513/mo
    Get pre-qualified
    Multi Family
    Built in 1916
    -- sqft lot
    $1,301,500 Zestimate®
    $531/sqft
    $-- HOA

    What's special

    Newer heating systemsBasement features high ceilings
    Prime Jason Street Neighborhood opportunity across from Menotomy Rocks Park! Rarely available, this two-family home offers an exceptional location and tremendous potential for a buyer, investor, or developer looking to create something special. Situated directly across from the park and just steps to the pond, trails, Whole Foods, and all that the Jason Street neighborhood has to offer, this is a location that is hard to replicate. The property presents an exciting opportunity to renovate and reimagine the existing two-family home to suit your needs. Explore the potential to convert the property to a beautiful single-family residence, create an ADU, pursue a condominium conversion, or maintain it as a two-family home. The possibilities are particularly appealing for those looking to add value in a premier Arlington location.The home retains much of its original character and architectural detail, providing a wonderful foundation for a thoughtful renovation. There is a walk-up attic offering additional potential, while the basement features high ceilings and excellent storage or future-use possibilities. Several important improvements have already been made, including newer heating systems, hot water, windows, and roof, providing a head start for the next owner.The property also offers a nice yard with ample off-street parking. The existing parking area could accommodate multiple vehicles or potentially be reimagined to create a more expansive rear yard, garden, or outdoor living space. The home requires updating and renovation and will be sold in its current “as-is” condition. For the buyer with vision, this is a rare chance to create substantial value in an extraordinary neighborhood, whether as a personal residence, investment property, or development opportunity. Opportunities in this location and with this level of flexibility are rarely available.
    28 days
    1,375
    67

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve McKenna & The Home Advantage Team 781-645-0505,

    Gibson Sotheby's International Realty 781-648-3500

    Source: MLS PIN,MLS#: 73578826

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Steam, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Range, Dishwasher, Refrigerator
      Features
      • Ceiling Fan(s), Floored Attic, Walk-Up Attic, Crown Molding, Storage, Living Room, Dining Room, Kitchen
      • Flooring: Wood, Tile, Carpet, Hardwood
      • Doors: Insulated Doors, Storm Door(s)
      • Windows: Insulated Windows, Storm Window(s), Screens
      • Basement: Full,Concrete
      • Has fireplace: No
      Interior area
      • Total structure area: 2,447
      • Total interior livable area: 2,447 sqft
      • Finished area above ground: 2,447

      Property

      Parking
      • Total spaces: 6
      • Parking features: Paved Drive, Off Street, Paved
      • Uncovered spaces: 6
      Features
      • Patio & porch: Porch
      • Exterior features: Rain Gutters
      Lot
      • Size: 5,763 Square Feet
      • Features: Easements, Level
      Details
      • Parcel number: M:139.0 B:0006 L:0003,328679
      • Zoning: R1

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      • Foundation: Stone
      • Roof: Shingle
      Condition
      • Year built: 1916

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Gas Range

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Private School, Public School, Sidewalks
      Location
      • Region: Arlington

      Financial & listing details

      • Price per square foot: $531/sqft
      • Tax assessed value: $1,280,000
      • Annual tax amount: $13,657
      • Date on market: 9/17/2026
      • Listing terms: Other (See Remarks)
      • Total actual rent: 1250
      • Road surface type: Paved

        Estimated market value

        $1,301,500

        $1.24M - $1.37M

        $3,806/mo

        Price history

        DateEventPrice
        10/5/2026Pending sale$1,299,000$531/sqft
        Source: MLS PIN #73578826 Report a problem
        10/1/2026Contingent$1,299,000$531/sqft
        Source: MLS PIN #73578826 Report a problem
        9/17/2026Listed for sale$1,299,000$531/sqft
        Source: MLS PIN #73578826 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,214 +7.5%$1,226,900 +5.7%
        2024$12,297 -4.2%$1,161,200 +1.5%
        2023$12,830 +2.3%$1,144,500 +4.2%
        2022$12,538 +3%$1,097,900 +2.3%
        2021$12,167 +2.5%$1,072,900 0%
        2020$11,868 +7.7%$1,073,100 +9.7%
        2019$11,018 +9.4%$978,500 +17.8%
        2018$10,072 +1.9%$830,300 +5.5%
        2017$9,888 +1.9%$787,300 +3.9%
        2016$9,699 +9%$757,700 +15.3%
        2015$8,901 -0.7%$656,900 +1.1%
        2014$8,961 +1.4%$649,800 +0.1%
        2013$8,836 +0.2%$649,200 +0.5%
        2012$8,822 +10.1%$645,800
        2011$8,014 +2.5%$645,800
        2010$7,821 -1%$645,800 -2.6%
        2009$7,902 +1.7%$662,900 -2.3%
        2008$7,771 +5.2%$678,700 +0.6%
        2007$7,388 -2.3%$674,700 +1.2%
        2006$7,564 +12.7%$667,000 +8.7%
        2005$6,711 +2.8%$613,400
        2004$6,527 +2.3%$613,400 +30.9%
        2003$6,379 +7.1%$468,700 +8.9%
        2002$5,958 +31.9%$430,200 +68.2%
        2000$4,517 +2.8%$255,800
        1999$4,392 $255,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 02476

        Getting around

        62 / 100
        Somewhat Walkable
        47 / 100
        Some Transit
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bishop/Brackett
        • Middle: Ottoson/Gibbs
        • High: Ahs

        Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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