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You are here:
Home Massachusetts Somerville Homes for Sale

496 Medford Street Somerville, MA 02145

70 Days on Boston Pads
9 Photos
$1,150,000
2 Beds
2 Baths
1244 SQFT
0.05 Acre
HOA: N/A
496 Medford Street
Somerville, MA 02145

Property Description

Prime TOD opportunity in Somerville’s vibrant Magoun Square, steps from the Green Line Extension. This 2,240 SF MR-4 zoned lot with Pedestrian Street Overlay allows up to 4 stories—ideal for a mixed-use project with approx. 6 residential units above ground-floor commercial or amenity space. No parking requirements and flexible design standards support a walkable, transit-friendly concept aligned with the city’s smart growth vision. The lot’s dimensions allow for modern condo or townhouse-style layouts. Ground floor and basement are well-suited for retail, amenities, or storage, maximizing value and livability. Zoning analysis completed—developers can move quickly to design and permitting. A rare blend of timing, location, and zoning flexibility in one of Greater Boston’s most in-demand neighborhoods. Strong market comps, buyer demand, and local precedent make this a standout infill opportunity.

Property Overview

Bedrooms

  • Bedrooms: 2

Other Rooms

  • Total Rooms: 5
  • Laundry Room Features: Full

Bathrooms

  • Full Baths: 1
  • Half Baths 1

Amenities

  • Highway Access
  • House of Worship
  • Laundromat
  • Public School
  • Public Transportation
  • Shopping
  • T-Station

Utilities

  • Heating: Oil, Steam
  • Cooling: None
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Interior Features

  • Square Feet: 1244
  • Accessability Features: No

Construction

  • Year Built: 1920
  • Type: Detached
  • Style: Other (See Remarks)
  • Foundation Info: Other (See Remarks)
  • UFFI: Unknown
  • Lead Paint: Unknown
  • Warranty: No

Exterior & Lot

  • Lot Description: City View(s), Level

Other Information

  • MLS ID# 73436389
  • Last Updated: 11/06/25
  • HOA: No
  • Reqd Own Association: Unknown

Date Event Price Price/Sq Ft Source
09/30/2025Active$1,150,000$924MLSPIN
09/26/2025New$1,150,000$924MLSPIN

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Map & Resources

Missituk Elementary School

Public Elementary School, Grades: PK-5

0.4mi

Arthur D Healey School

Public Elementary School, Grades: PK-8

0.45mi

Friendship Auto School

Driving School

0.44mi

Zaruma Gold

Cafe

0.31mi

Armory Cafe

Cafe

0.45mi

Dunkin'

Donut & Coffee Shop

0.1mi

Tipping Cow

Ice Cream Parlor

0.38mi

Sam's Falafel

Mediterranean Restaurant

0.44mi

Supreme Kitchen

Breakfast Restaurant

0.44mi

Lemon Thai

Thai Restaurant

0.44mi

Dumpling Kitchen

Chinese Restaurant

0.44mi

Medford Fire Department

Fire Station

0.39mi

Somerville Fire Department Engine 7

Fire Station

0.46mi

Somerville Hospital

Hospital

0.45mi

The Armory

Arts Centre

0.43mi

Tufts Pool

Swimming Pool

0.45mi

Henry Hanson Park

Park

0.05mi

Trum Field

Municipal Park

0.15mi

Community Path

Municipal Park

0.24mi

Paul Revere Park

Park

0.31mi

Albion Park

Municipal Park

0.32mi

Somerville Junction Park

Park

0.32mi

Hoyt Sullivan Playground

Municipal Park

0.37mi

Columbus Memorial Park

Municipal Park

0.37mi

Trum Playground

Playground

0.24mi

Healy Community Tot Lot

Playground

0.41mi

Natacha Beauty Salon

Hairdresser

0.38mi

Hair at Little Hollow Salon

Hairdresser

0.44mi

Medford Street Laundromat

Laundry

0.3mi

Gold Star Laundromat

Laundry

0.45mi

AL Prime Energy

Gas Station

0.32mi

Rosemary's

Convenience

0.21mi

7-Eleven

Convenience

0.29mi

Bostonian Convenience II

Convenience

0.35mi

Sky Braz

Convenience

0.37mi

CVS Pharmacy

Pharmacy

0.07mi

Medford St @ Broadway - Magoun Sq

80

0.06mi

Medford St @ Broadway - Magoun Sq

80

0.08mi

Broadway @ Medford St - Magoun Sq

89
8993

0.09mi

Broadway @ Medford St - Magoun Sq

89
8993

0.1mi

Medford St @ Glenwood Rd

80

0.12mi

Broadway @ Hinckley St - Magoun Sq

80
89
8993

0.13mi

Broadway opp Glenwood Rd

89
8993

0.14mi

Medford St @ Bartlett St

80

0.15mi

Real Estate Resources

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Seller's Representative: Abhinay Patel, Lamacchia Realty, Inc.
MLS ID#: 73436389

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-06 14:39:00