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    Melrose, MA Residential Income Properties for Sale

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    Malden, MA Stoneham, MA Medford, MA
    Renovated Two-Family Home with Yard
    $1,199,000

    Renovated Two-Family Home with Yard

    381 Washington St, Melrose, MA 2176

    Two-family home near downtown Melrose with modern finishes and solar.

    • Two‑family home ideal for owner‑occupants, investors, or multigenerational living.
    • Fully renovated with professional design and modern finishes.
    • Large, fenced‑in yard with a 2‑car garage and additional rear parking.
    • Upper unit lives like a single‑family home featuring a light‑filled primary suite, large home office/studio, and expansive views.
    • Convenient location close to downtown Melrose, commuter rail, Oak Grove orange line, I‑93, and the Middlesex Fells.
    Updated: Apr 9
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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

    Seven-unit multifamily property near Wyoming Hill MBTA station.

    46-48 Waverly Place, Melrose, MA 2176
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    Waterfront Two-Family in Downtown Melrose
    $1,099,000

    Waterfront Two-Family in Downtown Melrose

    Rare waterfront two-family with Ell Pond views in downtown Melrose.

    780-782 Main St, Melrose, MA 2176
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    Melrose Redevelopment Opportunity Near Downtown
    $1,499,000

    Melrose Redevelopment Opportunity Near Downtown

    Redevelopment potential near downtown Melrose with possible mixed-use building.

    71-73 Grove St, Melrose, MA 2176
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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 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.

    Two-Family Property with Two-Car Garage
    $900,000
    2,818 SF

    Two-Family Property with Two-Car Garage

    Two-family property in Malden with a rare two-car garage.

    85-87 Wolcott St, Malden, MA 02148
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    Malden Two-Family Home
    $919,000

    Malden Two-Family Home

    Well-maintained two-family home in a convenient Malden neighborhood.

    60 Kimball St, Malden, MA 2148
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    Malden Two-Family Residence For Sale
    $919,000
    2,130 SF

    Malden Two-Family Residence For Sale

    Well-maintained two-family home in Malden, ideal for investors.

    60 Kimball St, Malden, MA 2148
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    Malden Two-Family Residence For Sale
    $919,000
    2,130 SF

    Malden Two-Family Residence For Sale

    Well-maintained two-family home in a convenient Malden neighborhood.

    60 Kimball St, 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.

    Porter Square Redevelopment Opportunity
    $13,000,000
    27,824 SF

    Porter Square Redevelopment Opportunity

    Redevelopment opportunity in the heart of Porter Square, Cambridge.

    815 Somerville Avenue, Cambridge, MA 2140
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    Porter Square Redevelopment Opportunity
    $13,000,000
    27,824 SF

    Porter Square Redevelopment Opportunity

    Redevelopment opportunity in the heart of Porter Square, Cambridge.

    815 Somerville Ave, Cambridge, MA 2140
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    Orient Heights Development Opportunity
    $3,499,000

    Orient Heights Development Opportunity

    Development project near MBTA Blue Line with city approvals.

    2 Ford St., Boston, MA 2128
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    Orient Heights Development Opportunity
    $2,399,000
    15,542 SF

    Orient Heights Development Opportunity

    Development project near Orient Heights MBTA Blue Line.

    970 Saratoga Street, Boston, MA 2128
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    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 Residential Income Properties Investment Opportunities Market Analysis

    Explore 8 residential income properties for sale in Melrose, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 7,437 square feet of properties for sale, with an estimated market value of $3,100,000.

    Sale prices for residential income properties in Melrose, MA start at $1,450,000, averaging $1,550,000, and reaching up to $1,650,000 — 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

    Multifamily properties 5
    Duplexes 2
    Apartment buildings 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Melrose submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Tax Rate vs County Average 0.13 pp below county avg
    Average Loan-to-Value 65.0%

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