Quadplex

Melrose, MA Quadplexes for Sale

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4-Unit Quadplex
Updated: Sep 29
4-Unit Quadplex

40 Hurd St, Melrose, MA 02176

$1,250,000
3,519 sqft
Four units with 9 bedrooms and 4 full baths
3,519 square feet; built in 1900
Updated kitchens and hardwood/vinyl flooring
Separately metered utilities
Off‑street parking, shared laundry, and full basement
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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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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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 Apartment Building
Four-Unit Apartment Building

31-29 Sixth Street, Medford, MA 02155

$1,995,000
4,741 sqft

Four distinct apartment layouts are paired with individually metered utilities and shared outdoor and parking amenities.

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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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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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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.

View details

Melrose, MA Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Melrose, MA 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 $2,700,000.

Sale prices for four-unit buildings in Melrose, MA start at $1,250,000, averaging $1,350,000, and reaching up to $1,450,000 — 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 2

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)

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