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    Melrose, MA Multifamily Properties for Sale

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    Victorian Mixed-Use Building in Melrose
    $1,450,000
    4,497 SF

    Victorian Mixed-Use Building in Melrose

    3-5 E Foster St, Melrose, MA 2176

    Mixed-use property with residential and commercial units in downtown Melrose.

    • Prime downtown Melrose location: Steps to shops, restaurants, commuter rail, and bus lines.
    • Turnkey investment property: Fully rented with high, consistent operating income.
    • Mixed‑use building: Features four residential units and two commercial spaces with excellent street frontage and visibility.
    • Well‑maintained: Numerous updates including renovated kitchens/baths in select units, updated flooring, newer water heaters, and a new chimney liner.
    • Classic Victorian architecture: A highly admired property with charm and character.
    Updated: Mar 24
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    Melrose Multifamily Investment Opportunity
    $1,650,000
    2,940 SF

    Melrose Multifamily Investment Opportunity

    46-48 Waverly Place, Melrose, MA 2176

    Seven-unit multifamily property near Wyoming Hill MBTA station.

    • Directly next to Wyoming Hill MBTA station for easy commuting to Boston.
    • Significant value‑add opportunity through unit upgrades and rent increases (40% below market).
    • Off‑street parking available for tenants.
    • Located in Melrose, offering a blend of small‑town charm and urban convenience.
    • First time on the market in over 26 years.
    Updated: Nov 25, 2025
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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Multifamily on Corner Lot
    $1,350,000
    5,350 SF

    Renovated Multifamily on Corner Lot

    Recently renovated multifamily property with expansion potential in Malden.

    209 Summer St, Malden, MA 02148
    View details
    Everett Multi-Family Home For Sale
    $674,900
    1,874 SF

    Everett Multi-Family Home For Sale

    Well-maintained two-family home in Everett, great for owner-occupants/investors.

    63 Woodville St, Everett, MA 02149
    View details
    Mixed-Use Property in Vibrant Location
    $1,849,999
    9,960 SF

    Mixed-Use Property in Vibrant Location

    Remodeled mixed-use property with residential units and commercial space.

    340 Main Street, Everett, MA 2149
    View details
    Malden Multifamily Investment Opportunity
    $2,400,000

    Malden Multifamily Investment Opportunity

    Nine-unit apartment building near public transportation and downtown Malden.

    48 Tremont Street, Malden, MA 2148
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Stoneham Land For Sale
    $499,000

    Stoneham Land For Sale

    Land for sale near Stoneham Square with development potential.

    17 Franklin Street, Stoneham, MA 2180
    View details
    Stoneham Land For Sale
    $499,000

    Stoneham Land For Sale

    Land available near Stoneham Square with development potential.

    17 Franklin Street, Stoneham, MA 2180
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    Development Opportunity on Mystic Avenue
    $9,950,000

    Development Opportunity on Mystic Avenue

    Three contiguous parcels totaling 40,000 sq. ft. for sale.

    67-73-81 Mystic Ave, Medford, MA 2155
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    Prime Developable Land Parcel
    Contact for pricing
    0.19 Acres

    Prime Developable Land Parcel

    Rare opportunity: developable land near transportation and amenities.

    243 Mystic Ave, Medford, MA
    View details

    Explore Off-Market Properties in Melrose, MA

    Consider similar Off-Market properties in Melrose, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    158 Essex St

    158 Essex St

    BOARDING/ROOMING HOUSE • 91,200 SF
    Value Estimation
    $27,305,000
    158 Essex St, Melrose, MA 02176-3176
    View details
    24-26 Vine St

    24-26 Vine St

    BOARDING/ROOMING HOUSE • 4,394 SF
    Value Estimation
    $695,000
    24-26 Vine St, Melrose, MA 02176
    View details
    Waverly Place Apartments

    Waverly Place Apartments

    Waverly Place Apartments for sale in Melrose, Massachusetts.
    Value Estimation by Request
    46-48 Waverly Pl, Melrose, MA 02176
    View details

    Melrose, MA Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Melrose, MA on our real estate platform. These investment opportunities span a total of 84,084 square feet of properties for sale, with an estimated market value of $26,045,000.

    Sale prices for multifamily properties in Melrose, MA start at $1,650,000, averaging $13,022,500, and reaching up to $24,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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