Huge Price Improvement! Live in the heart of vibrant Magoun Square, just moments from the Green Line Extension. This 2,240 SF lot offers a rare opportunity to create a stunning single-family home in one of Somerville’s most desirable, transit-oriented neighborhoods. Design a spacious urban residence with multiple levels, private outdoor space, and easy access to shops, restaurants, parks, and public transportation. The generous lot allows for flexible, light-filled layouts ideal for entertaining, working from home, or multi-generational living. Located in an MR-4 zoned district with a Pedestrian Street Overlay, allowing up to four stories, offering valuable long-term flexibility (buyer to do due diligence). A unique chance to build your dream home while securing future potential.
Property Details
Price:
$889,000
MLS #:
73436389
Status:
Active
Beds:
2
Baths:
1.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Sep 26, 2025
Finished Sq Ft:
1,244
Total Sq Ft:
1,244
Lot Size:
2,240 sqft / 0.05 acres (approx)
Year Built:
1920
See this Listing
Schools
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
None
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Other (See Remarks)
Community Features
Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Public School, T-Station
Parking Spots
2
Financial
Tax Year
2025
Taxes
$8,708
Map
Community
- Address496 Medford Street Somerville MA
- CitySomerville
- CountyMiddlesex
- Zip Code02145
Subdivisions in Somerville
Market Summary
Current real estate data for Single Family in Somerville as of Mar 23, 2026
25
Single Family Listed
69
Avg DOM
664
Avg $ / SqFt
$1,440,736
Avg List Price
Property Summary
- 496 Medford Street Somerville MA is a Single Family for sale in Somerville, MA, 02145. It is listed for $889,000 and features 2 beds, 2 baths, and has approximately 1,244 square feet of living space, and was originally constructed in 1920. The current price per square foot is $715. The average price per square foot for Single Family listings in Somerville is $664. The average listing price for Single Family in Somerville is $1,440,736. To schedule a showing of MLS#73436389 at 496 Medford Street in Somerville, MA, contact your Cornerstone Real Estate agent at 617-238-7400.
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Courtesy of Lamacchia Realty, Inc.. 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.
496 Medford Street
Somerville, MA