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    Melrose, MA
    Residential Income

    Melrose, MA Residential Income Properties for Sale

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

    40 Hurd St, Melrose, MA 02176

    $1,295,000
    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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    Two-Family Hilltop Residence
    Updated: Jul 15
    Two-Family Hilltop Residence

    46 Oakland Street, Melrose, MA 02176

    $1,050,000
    2,600 sqft
    Two‑family home built in 1900 with timeless character features including natural woodwork and beamed ceilings
    Two updated eat‑in kitchens
    Separate updated utilities for each unit
    Off‑street parking plus shared patio for outdoor relaxing
    Set on a 10,000+ sq ft lot
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    Triplex with Renovated Unit
    Triplex with Renovated Unit

    25 Cumner Avenue, Melrose, MA 02176

    $1,249,000
    3,027 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 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-Unit Residential Income Property
    Two-Unit Residential Income Property

    9 Elm St, Melrose, MA 02176

    $975,000
    5,544 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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    Two-Family Duplex with Updated Kitchens
    Two-Family Duplex with Updated Kitchens

    98-100 W Wyoming Ave, Melrose, MA 02176

    $998,000
    2,388 sqft

    Each unit features two bedrooms, one bathroom, open living and dining, updated kitchens, and walk-in pantries.

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

    28-30 Crescent Ave, Melrose, MA 02176

    $849,000

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

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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    110 Crescent Ave, Melrose, MA 02176

    $1,000,000
    0.14 AC lot

    Two-family duplex offers a 3-bedroom first-floor unit and a bi-level 5-bedroom top unit on a large lot.

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    Two-Family Home with Private Decks
    Two-Family Home with Private Decks

    131 Altamont Ave, Melrose, MA 02176

    $999,000

    Duplex with separate systems, individual outdoor space, hardwood flooring, and off-street parking for both units.

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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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    Three-Bedroom Residential Income Property
    Three-Bedroom Residential Income Property

    601 Franklin Street, Melrose, MA 02176

    $479,000

    Condominium offers coffered ceilings, open living space, in-unit laundry, and included heat and hot water.

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 14 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.

    Opportunities in Nearby Cities

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

    Victorian Two-Family Home
    Victorian Two-Family Home

    1161 Franklin Street, Stoneham, MA 02180

    $1,399,000
    4,643 sqft

    Renovated residences combine period character, updated kitchens and baths, separate utilities, private outdoor areas, and flexible finished space.

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    Two-Family Home on Cul-de-Sac
    Two-Family Home on Cul-de-Sac

    30-32 Goldcliff Rd, Malden, MA 02148

    $924,900
    2,184 sqft

    ResA-zoned duplex with two living units, outdoor space, and access to public transportation and major commuting routes.

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    Duplex with Off-Street Parking
    Duplex with Off-Street Parking

    11-13 Horace Street, Malden, MA 02148

    $799,000
    2,358 sqft

    Two-family residence with hardwood floors, an eat-in kitchen, fenced yard, and private driveway.

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    Two-Family Home with Deck
    Two-Family Home with Deck

    5 Ridgewood Rd, Malden, MA 02148

    $1,299,000
    4,153 sqft

    Two-family property offering 7 bedrooms and 4 full baths, with a screened-in porch and second-floor deck.

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    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.

    Residential Land with Multi-Family Home
    Residential Land with Multi-Family Home

    219 Montvale, Woburn, MA 01801

    $899,900
    2,086 sqft

    Land with multi-family home, potential for subdivision.

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    Residential Development Opportunity
    Residential Development Opportunity

    33 Melendy Ave, Watertown, MA 02472

    $900,000

    Two-family home ideal for residential development near Cambridge line.

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    Salem Development Opportunity
    Salem Development Opportunity

    64 Ward St, Salem, MA 01970

    $1,395,000

    Development opportunity in Salem with multifamily concept plans.

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    Residential Land in Boston, MA
    Residential Land in Boston, MA

    Vfw Parkway, Boston, MA 02132

    $499,999
    0.21 AC lot

    Undeveloped land with potential for residential development.

    View details

    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
    BOARDING/ROOMING HOUSE

    158 Essex St, Melrose, MA 02176-3176

    Estimated value:
    $24,395,000
    91,200 sqft 1.78 AC lot
    View details
    24-26 Vine St
    BOARDING/ROOMING HOUSE

    24-26 Vine St, Melrose, MA 02176

    Estimated value:
    $695,000
    4,394 sqft 0.14 AC lot
    View details
    46-48 Waverly Pl
    Residential income homes

    46-48 Waverly Pl, Melrose, MA 02176

    Estimated value:
    $1,650,000
    View details

    Melrose, MA Residential Income Properties Market Trends and Statistics

    Explore 17 residential income properties for sale in Melrose, MA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 26,598 square feet of properties for sale, with an estimated market value of $13,489,900.

    Sale prices for residential income properties in Melrose, MA start at $479,000, averaging $1,037,684, 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

    Multifamily properties 14
    Duplexes 9
    Quadplexes 3
    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 $1M

    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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