Unmatched Investment Opportunity in Somerville! Seize the chance to own this exceptional mixed-use building just a few blocks from the Gilman Square Green Line station! This prime corner property offers outstanding visibility and signage, featuring two retail spaces leased through 2026, ensuring immediate income stability. Above, discover two spacious 4+ bedroom apartments that highlight beautiful hardwood flooring, generous living areas, and modern layouts. With an impressive annual income of 124.8K this property not only provides solid returns but also boasts huge upside potential for future rent increases. Located in the thriving Winter Hill section, you’re close to Assembly Row and have seamless highway access to downtown Boston. Surrounded by vibrant restaurants, shops, and local amenities, this rare opportunity won’t last long—act now to secure your investment in this desirable neighborhood!
Sold for $1,420,000
$1,420,000
433 Medford St, Somerville, MA 02145
8beds
5,318sqft
4 Family
Built in 1900
-- sqft lot
$2,152,900 Zestimate®
$267/sqft
$7,402 Estimated rent
Home value
$2,152,900
$1.85M - $2.52M
$7,402/mo
Zestimate® history
Owner options
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$7,402/mo
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$7,402/mo
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$7,198/mo
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$7,198/mo
Est. payment
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List your homeWhat's special
Modern layoutsOutstanding visibility and signageCorner propertyBeautiful hardwood flooring
Zillow last checked:
Listing updated:
Listed by:
Zachary Conley 617-982-8607,
NextGen Realty, Inc. 617-208-2100,
Jason Francis 617-504-6158
Bought with:
The Shahani Group
Compass
Source: MLS PIN,MLS#: 73325651
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Features
- Flooring: Wood
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 5,318
- Total interior livable area: 5,318 sqft
- Finished area above ground: 5,318
Property
Parking
- Parking features: Other
Features
- Patio & porch: Porch, Enclosed
- Exterior features: Other
Lot
- Size: 2,584 sqft
- Features: Other
Details
- Parcel number: 754758
- Zoning: Mixed use
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Other
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: 110 Volts, Other (See Remarks)
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
Location
- Region: Somerville
HOA & financial
Other financial information
- Total actual rent: 10550
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $1,420,000-5.3%$267/sqft |
Source: MLS PIN #73325651 Report a problem | ||
| 3/4/2025 | Contingent | $1,500,000$282/sqft |
Source: MLS PIN #73325651 Report a problem | ||
| 1/13/2025 | Listed for sale | $1,500,000-5.9%$282/sqft |
Source: MLS PIN #73325651 Report a problem | ||
| 1/1/2023 | Listing removed | $1,594,000$300/sqft |
Source: MLS PIN #73053679 Report a problem | ||
| 12/8/2022 | Price change | $1,594,000-0.1%$300/sqft |
Source: MLS PIN #73053679 Report a problem | ||
| 10/31/2022 | Listed for sale | $1,595,000$300/sqft |
Source: MLS PIN #73053679 Report a problem | ||
| 9/8/2022 | Listing removed | $1,595,000$300/sqft |
Source: MLS PIN #73019372 Report a problem | ||
| 7/30/2022 | Listed for sale | $1,595,000$300/sqft |
Source: MLS PIN #73019372 Report a problem | ||
| 7/1/2022 | Listing removed | $1,595,000$300/sqft |
Source: MLS PIN #72951725 Report a problem | ||
| 6/15/2022 | Price change | $1,595,000-5.6%$300/sqft |
Source: MLS PIN #72951725 Report a problem | ||
| 4/27/2022 | Price change | $1,690,000-0.3%$318/sqft |
Source: MLS PIN #72951725 Report a problem | ||
| 3/11/2022 | Listed for sale | $1,695,000-5.6%$319/sqft |
Source: MLS PIN #72951725 Report a problem | ||
| 8/12/2021 | Listing removed | $1,795,000$338/sqft |
Source: MLS PIN #72833850 Report a problem | ||
| 7/7/2021 | Price change | $1,795,000-1.6%$338/sqft |
Source: MLS PIN #72833850 Report a problem | ||
| 6/14/2021 | Price change | $1,825,000-2.9%$343/sqft |
Source: MLS PIN #72833850 Report a problem | ||
| 5/19/2021 | Listed for sale | $1,880,000+79%$354/sqft |
Source: MLS PIN #72833850 Report a problem | ||
| 2/8/2021 | Sold | $1,050,000$197/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,459,300 +2.9% |
| 2024 | -- | $1,418,300 +0.7% |
| 2023 | -- | $1,407,800 +3.1% |
| 2022 | -- | $1,365,200 +4.2% |
| 2021 | -- | $1,310,800 +1.5% |
| 2020 | -- | $1,291,800 +14.3% |
| 2019 | -- | $1,130,600 +25% |
| 2018 | -- | $904,600 +5.6% |
| 2017 | $8,413 | $856,800 +16.3% |
| 2016 | $8,413 | $736,800 |
Find assessor info on the county website
Neighborhood: Winter Hill
Nearby schools
GreatSchools rating
- 5/10Arthur D. Healey SchoolGrades: PK-8Distance: 0.5 mi
- 6/10Somerville High SchoolGrades: 9-12Distance: 0.5 mi
- 3/10Winter Hill Community SchoolGrades: PK-8Distance: 0.7 mi
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Estimated market value
$2,152,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,152,900
- Massachusetts
- Middlesex County
- Somerville
- 02145
- Winter Hill
- 433 Medford St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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