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    Melrose, MA
    Residential Income

    Melrose, MA Residential Income Properties for Lease

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    Stoneham, MA Wakefield, MA Malden, MA Saugus, MA Medford, MA Revere, MA Everett, MA Woburn, MA
    Remodeled Two-Bed Income Apartment
    Updated: Jul 9
    Remodeled Two-Bed Income Apartment

    51 Mt Vernon Unit 1, Melrose, MA 02176

    $2,950/Mo
    1,000 sqft
    Fully remodeled 2‑bedroom apartment remodeled in 2024
    Central A/C and heating system for year‑round comfort
    Efficient heat pump included
    Spacious living room with hardwood floors
    Coin‑op laundry in the basement
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    Enclosed Porch Rental Unit
    Updated: Jul 15
    Enclosed Porch Rental Unit

    123 Ashland Street Unit 1, Melrose, MA 02176

    $2,100/Mo
    1,000 sqft
    Unit built in 1900
    Enclosed back porch
    Washer and dryer hookups in the pantry off the kitchen
    Large eat‑in kitchen with pantry areas
    2‑car parking in the driveway
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose, MA, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 13 Properties for Sales.

    Residential income properties for Lease in Nearby Cities

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

    Second-Floor Residential Rental
    Second-Floor Residential Rental

    84 Franklin Street # 2, Stoneham, MA 02180

    $1,900/Mo

    Second-floor unit with one bedroom, hardwood flooring, and off-street parking included in rent through July 1.

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    Apartment with Eat-In Kitchen
    Apartment with Eat-In Kitchen

    44 Spring # 3, Malden, MA 02148

    $2,000/Mo

    Spacious living room and full bath, with wall-to-wall carpeting and an ornamental fireplace mantle.

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    Second-Floor Residential Rental
    Second-Floor Residential Rental

    81 Linden Ave # 2, Malden, MA 02148

    $2,700/Mo

    Well-maintained second-floor unit with three bedrooms, cherry hardwood floors, and shared laundry.

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    Newly Renovated 3-Bedroom Apartment
    Newly Renovated 3-Bedroom Apartment

    62 Wolcott # 1, Malden, MA 02148

    $3,100/Mo

    First-floor 3-bedroom unit offers modern finishes, brand-new appliances, basement laundry, and one off-street parking space.

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    Similar Spaces for Sale in Melrose, MA

    Consider Similar Space for Sale. We found 13 Spaces matching your search parameters.

    Two-Unit Residential Income Property
    Two-Unit Residential Income Property

    9 Elm St, Melrose, MA 02176

    $975,000
    2,630 sqft 0.13 AC lot

    Three-story two-family building with two 3-bedroom units, each featuring in-unit laundry and a private porch.

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    Four-Unit Residential Income Building
    Four-Unit Residential Income Building

    38 & 40 Hurd St, Melrose, MA 02176

    $1,295,000
    3,519 sqft

    Well-maintained four-unit property with updated kitchens, separately metered utilities, off-street parking, shared laundry, and a full basement.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    38-40 Hurd Street, Melrose, MA 02176

    $1,450,000
    3,519 sqft

    Well-maintained quadplex with 4 separately metered units, off-street parking, shared laundry, and a full basement.

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    Two-Unit Duplex with Parking
    Two-Unit Duplex with Parking

    28-30 Crescent Avenue, Melrose, MA 02176

    $875,000
    2,472 sqft

    Two separate residences offer kitchens, living areas, bedrooms, and a shared outdoor setting.

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    Two-Unit Duplex with Finished Attic
    Two-Unit Duplex with Finished Attic

    64 Cleveland St, Melrose, MA 02176

    $949,900
    2,276 sqft

    Two-unit residential property with separate utilities, private outdoor areas, and convenient access to commuter rail and Route 93.

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    Two-Family Hilltop Residence
    Two-Family Hilltop Residence

    46 Oakland Street, Melrose, MA 02176

    $1,050,000
    2,600 sqft

    Two updated eat-in kitchens with separate utilities, off-street parking, and a shared patio overlooking the surrounding area.

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    Melrose Multifamily Portfolio Opportunity
    Melrose Multifamily Portfolio Opportunity

    24 W Emerson Street, Melrose, MA 02176

    Contact for pricing
    3,725 sqft 0.71 AC lot

    Four adjacent parcels with 14 units in Melrose, MA.

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    Two-Bedroom Residential Income Property
    Two-Bedroom Residential Income Property

    12 Mount Vernon St, Melrose, MA 02176

    $597,000

    Bright, generously proportioned residence with an open living arrangement, balcony, updated kitchen, and two full baths.

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    Triplex with Renovated Unit
    Triplex with Renovated Unit

    25 Cumner Ave, Melrose, MA 02176

    $1,199,000

    Three residential units offer flexible layouts, central A/C, and outdoor deck access.

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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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    Two-Family Residential Income Property
    Two-Family Residential Income Property

    213-215 Main St, Melrose, MA 02176

    $1,050,000

    Well-maintained two-family property with off-street parking, a two-car garage, and a full walk-out basement.

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    Second-Floor Residential Income Property
    Second-Floor Residential Income Property

    53 Melrose Street, Melrose, MA 02176

    $419,000

    Open living, dining, and kitchen areas connect to a balcony through sliding doors.

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    Duplex with Two Garage Spaces
    Duplex with Two Garage Spaces

    276 Lebanon St, Melrose, MA 02176

    Contact for pricing

    Renovated two-unit property with separate utilities, in-unit laundry, off-street parking, and access to nearby transit.

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    Melrose, MA Residential income properties Lease Rates & Market Statistics

    Explore 2 Residential income properties for lease in Melrose, MA on Realmo, a commercial real estate exchange covering the Melrose area. The current inventory totals 2,000 square feet of properties.

    Residential income properties lease rates in Melrose range from $2,100/Mo at the entry level to $2,950/Mo at the top of the market, averaging $2,525/Mo. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

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