320 Fellsway West Medford — Photo 1 of 42
Recent Drop: $31,000
$1,599,000
Investment Analysis — 320 Fellsway West
Medford, MA 02155
Based on rent reported on the MLS listing, a 3-unit multi-family in 02155 carries $8,550/mo in gross rent — about a 4.29% cap rate and $68,577/yr in estimated NOI at the $1,599,000 list price. Adjust every assumption in the calculator below.
Beds
9
Baths
3
SqFt
4,128
Style
3 Family - 3 Units Up/Down
Built
1905
Incredible opportunity to purchase this truly wonderful, oversized 3 family residence in a fabulous West Medford location, just 2 minutes of Rt 93. Each 3 bedroom 1 bath unit is filled with fine characters and detailed qualities, not often seen. From the tall 9-foot ceiling heights, hardwood flooring throughout, incredible detailed wood moldings, custom built-ins, stain glass windows, and even a walk in pantry in all 3 units! Living areas are loaded with natural sunlight, and there are large covered porches in the front and back. Located on a corner lot, overlooking Hickey Park, with lots of recreational activities. Short distance to Wright's Tower and Middlesex Reservation Walkway. Property has a nice sized two car detached garage with ADU possibilities, pending town approvals (see AI generated photo) Possible condo conversion opportunity as well. Easy to show. Don't miss out on this spectacular investment opportunity!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Property History
$1,599,000
Was $1,630,000
Sep 8, 2026
MLS® 73546178
$1,630,000
Jul 8, 2026
MLS® 73546178
$1,799,900
Jun 30, 2026
MLS® 73501633
$1,799,900
Apr 15, 2026
MLS® 73501633
Listing Agent: The Laura Baliestiero Team
Listing Office: Coldwell Banker Realty - Concord
MLS® Number: 73546178