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    Melrose, MA
    Quadplex

    Melrose, MA Quadplexes for Sale

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    Four-Unit Residential Income Building
    Updated: Jul 21
    Four-Unit Residential Income Building

    38 & 40 Hurd St, Melrose, MA 02176

    $1,295,000
    3,519 sqft
    Well‑maintained four‑unit building (Year built 1900) with approx. 3,519 sq ft of living space
    9 bedrooms and 4 full baths across four units for flexible living and rental arrangements
    Updated kitchens in the units, with hardwood/vinyl flooring
    Separately metered utilities and shared laundry
    Off‑street parking plus a full basement for additional storage
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    Four-Unit Residential Income Property
    Updated: May 20
    Four-Unit Residential Income Property

    38-40 Hurd Street, Melrose, MA 02176

    $1,450,000
    3,519 sqft
    Well‑maintained 4‑family (quadplex) with approximately 3,519 sq ft of living space (year built 1900).
    9 bedrooms and 4 full baths across four units, offering flexible owner‑occupant or investment use.
    Units have updated kitchens and hardwood/vinyl flooring with separately metered utilities.
    Shared laundry and a full basement provide additional storage and common utility space.
    Off‑street parking included.
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    Quadplex With Private Balconies
    Quadplex With Private Balconies

    46-48 Cleveland St, Melrose, MA 02176

    $1,599,000

    Four residential units offer two bedrooms, one full bath, hardwood floors, and basement laundry hookups.

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    See what stands out in Middlesex County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Melrose, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Unit Property with Central Air
    Four-Unit Property with Central Air

    84-90 Park Street, Medford, MA 02155

    $2,578,000
    3,744 sqft 0.24 AC lot

    Two adjacent multifamily buildings offer separate utilities, off-street parking, and yard space in a transit-accessible setting.

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    Mixed-Use Property with Four Apartments
    Mixed-Use Property with Four Apartments

    306 Main Street, Wakefield, MA 01880

    $1,550,000
    3,542 sqft

    Business-zoned property combining leased residential units with first-floor commercial space and off-street parking.

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    4-Unit Multifamily Property
    4-Unit Multifamily Property

    84-90 Park St, Medford, MA 02155

    $2,578,000
    3,744 sqft

    Adjacent multifamily buildings offer separate utilities, central air, parking, and yard space.

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    Wakefield Four-Family Home
    Wakefield Four-Family Home

    43-45 Crescent St, Wakefield, MA 01880

    $1,000,000

    Well-maintained four-family home in convenient Wakefield location.

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    Melrose, MA Quadplexes Market Trends and Statistics

    Explore 3 quadplexes for sale in Melrose, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,038 square feet of properties for sale, with an estimated market value of $4,344,000.

    Sale prices for four-unit buildings in Melrose, MA start at $1,295,000, averaging $1,448,000, and reaching up to $1,599,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 8
    Quadplexes 2
    Triplexes 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) +4.9%
    Median Household Income $126,854
    College Educated 90.3%

    High-Yield Neighborhoods for Investment

    Identify Melrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    02176 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $9.48 per SF
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Middlesex County

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