Investor-ready opportunity in a prime Medford location. Including parking, a key advantage for long-term tenant appeal and value. Fully leased at $2,120/month through 5/31/27, this well-maintained 1 bed condo delivers immediate cash flow with a strong rental history and attractive cap rate in a solid brick building. The unit offers an open, flexible layout with high ceilings, an updated kitchen with newer appliances, and generous storage both in-unit and additional. Comfortable room sizes and a clean, well-kept interior create strong rental appeal. Laundry conveniently located across the hall. Positioned near Medford Center, Tufts, Davis Square, shopping, restaurants, and major commuter routes into Boston. Clean, turnkey asset that fits seamlessly into a 1031 exchange or long-term hold strategy with proven, consistent performance.
For sale
Price cut: $29K (6/29)
$339,000
297 Main St APT 3, Medford, MA 02155
1beds
596sqft
Condominium
Built in 1971
-- sqft lot
$334,700 Zestimate®
$569/sqft
$325/mo HOA
What's special
Comfortable room sizesOpen flexible layoutHigh ceilingsClean well-kept interior
- 103 days |
- 699 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Chuck Silverston Team 617-699-6234,
Gibson Sotheby's International Realty 617-264-7900
Source: MLS PIN,MLS#: 73491586
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator
- Laundry: First Floor, Common Area, In Building
Features
- Flooring: Tile, Laminate
- Windows: Insulated Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 596
- Total interior livable area: 596 sqft
- Finished area above ground: 0
- Finished area below ground: 596
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Assigned, Deeded
- Uncovered spaces: 1
Features
- Entry location: Unit Placement(Ground,Garden)
Lot
- Size: 1 Square Feet
Details
- Parcel number: M:R09 B:3502,643504
- Zoning: res
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1971
Utilities & green energy
- Electric: 110 Volts, 220 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, T-Station, University
- Security: Intercom
HOA
- Amenities included: Hot Water, Laundry
- Services included: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
- HOA fee: $325 monthly
Location
- Region: Medford
Financial & listing details
- Price per square foot: $569/sqft
- Tax assessed value: $318,000
- Annual tax amount: $2,560
- Date on market: 3/25/2026
Estimated market value
$334,700
$318,000 - $351,000
$2,321/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $339,000-7.9%$569/sqft |
Source: MLS PIN #73491586 Report a problem | ||
| 3/25/2026 | Listed for sale | $368,000+5.4%$617/sqft |
Source: MLS PIN #73491586 Report a problem | ||
| 8/4/2025 | Listing removed | $349,000$586/sqft |
Source: MLS PIN #73344804 Report a problem | ||
| 6/26/2025 | Price change | $349,000-6.9%$586/sqft |
Source: MLS PIN #73344804 Report a problem | ||
| 3/12/2025 | Listed for sale | $375,000-3.4%$629/sqft |
Source: MLS PIN #73344804 Report a problem | ||
| 12/17/2024 | Listing removed | $388,000$651/sqft |
Source: MLS PIN #73291797 Report a problem | ||
| 11/20/2024 | Price change | $388,000-2.8%$651/sqft |
Source: MLS PIN #73291797 Report a problem | ||
| 9/18/2024 | Listed for sale | $399,000+16%$669/sqft |
Source: MLS PIN #73291797 Report a problem | ||
| 5/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/19/2024 | Listed for rent | $2,050+2.5%$3/sqft |
Source: MLS PIN #73226074 Report a problem | ||
| 4/16/2024 | Sold | $344,000-0.2%$577/sqft |
Source: MLS PIN #73213042 Report a problem | ||
| 3/19/2024 | Contingent | $344,800$579/sqft |
Source: MLS PIN #73213042 Report a problem | ||
| 3/16/2024 | Listed for sale | $344,800+126.8%$579/sqft |
Source: MLS PIN #73213042 Report a problem | ||
| 12/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/2/2022 | Listed for rent | $2,000+50.9%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/21/2015 | Listing removed | $1,325$2/sqft |
Source: Martocchia REALTORS #71849990 Report a problem | ||
| 6/13/2015 | Price change | $1,325-1.9%$2/sqft |
Source: Martocchia REALTORS #71849990 Report a problem | ||
| 6/4/2015 | Listed for rent | $1,350+12.5%$2/sqft |
Source: Martocchia REALTORS #71849990 Report a problem | ||
| 1/7/2014 | Listing removed | $1,200$2/sqft |
Source: Martocchia REALTORS #71610378 Report a problem | ||
| 12/9/2013 | Price change | $1,200-5.9%$2/sqft |
Source: Martocchia REALTORS #71610378 Report a problem | ||
| 11/22/2013 | Listed for rent | $1,275$2/sqft |
Source: Martocchia REALTORS #71610378 Report a problem | ||
| 11/20/2013 | Sold | $152,000-5%$255/sqft |
Source: Public Record Report a problem | ||
| 10/21/2013 | Pending sale | $160,000$268/sqft |
Source: Coldwell Banker Residential Brokerage - Waltham #71588336 Report a problem | ||
| 10/3/2013 | Price change | $160,000+6.7%$268/sqft |
Source: Coldwell Banker Residential Brokerage - Waltham #71588336 Report a problem | ||
| 9/25/2013 | Listed for sale | $150,000-11.8%$252/sqft |
Source: Coldwell Banker Residential Brokerage - Waltham #71588336 Report a problem | ||
| 11/8/2005 | Sold | $170,000$285/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,560 | $300,500 |
| 2024 | $2,560 +1% | $300,500 +2.6% |
| 2023 | $2,534 +2.3% | $292,900 +6.6% |
| 2022 | $2,476 -1.1% | $274,800 +3.3% |
| 2021 | $2,503 -1.6% | $266,000 -4% |
| 2020 | $2,543 +6.6% | $277,000 +11.5% |
| 2019 | $2,386 +8.9% | $248,500 +16.1% |
| 2018 | $2,192 +5.8% | $214,100 +9.2% |
| 2017 | $2,071 +15.1% | $196,100 +21.9% |
| 2016 | $1,800 +3.1% | $160,900 +7.8% |
| 2015 | $1,746 +2.2% | $149,200 +7% |
| 2014 | $1,709 +3.9% | $139,500 +4.8% |
| 2013 | $1,645 +3.9% | $133,100 +1.1% |
| 2012 | $1,583 -0.2% | $131,600 -3.7% |
| 2011 | $1,586 +3.4% | $136,600 -2.2% |
| 2010 | $1,534 -6.3% | $139,700 -14% |
| 2009 | $1,638 +3% | $162,500 -6.8% |
| 2008 | $1,591 +9.3% | $174,400 +6.5% |
| 2007 | $1,455 | $163,700 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 02155
Nearby schools
GreatSchools rating
- 4/10Missituk Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10John J. McGlynn Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Medford High SchoolGrades: PK,9-12Distance: 1.8 mi
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- Massachusetts
- Middlesex County
- Medford
- 02155
- 297 Main St Apartment 3
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