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381 Washington St Melrose, MA 2176

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For Sale
$1,199,000

Two-family home near downtown Melrose with modern finishes and solar.

Type:Investment
Added:
Apr 9, 2026
Days on Market:
8
Last Refresh:
Apr 9 at 7:11 am

Property Features for 381 Washington St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1922

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Listing Contact
Susan Gormady
Susan Gormady

Listing agent Susan Gormady License #448553997

Listing office

Listing date Apr 9, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Susan Gormady


Overview

Renovated Two-Family Home with Yard

This two-family home presents an opportunity for owner-occupants, investors, or multigenerational living. The two-story upper unit functions as a single-family home, featuring a light-filled primary suite, a large home office or studio, and expansive views. The property has been fully renovated over the past decade, incorporating professional design and modern finishes. Each unit includes a private deck that overlooks the landscaped, tree-lined yard, as well as access to an enclosed shared front porch. Owned solar panels contribute to energy efficiency and savings. The property features a large, fenced-in yard, a two-car garage, and additional rear parking. Located close to downtown Melrose, the commuter rail, Oak Grove orange line, and I-93, it also offers proximity to the Middlesex Fells. The location provides access to nature, convenience, and access to Boston. The property is described as turnkey, with lifestyle appeal and investment upside, suitable for offsetting a mortgage or building long-term wealth. The bike score is 57, indicating it is bikeable. The walk score is 88, indicating it is very walkable. The transit score is 69, indicating good transit options.
Location Intelligence

Current Use by Public Records

Lammert Design Studio Architect

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Melrose
County
Middlesex
State
Massachusetts
Longitude
-71.0782011
Latitude
42.4519114

FAQs

What type of property is this?
Duplex - Two-family home near downtown Melrose with modern finishes and solar.
Where is this duplex located?
The property is located at 381 Washington St Melrose, MA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two‑family home ideal for owner‑occupants, investors, or multigenerational living.; Fully renovated with professional design and modern finishes.; Large, fenced‑in yard with a 2‑car garage and additional rear parking.
More about this property
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