Browse All Melrose MA Multi-Family Properties for Sale

7 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ 73574982 MLS ⋅ 3,530 SqFt.

Exceptional corner two-family in Melrose’s most desirable East Side! Just a short walk to downtown and commuter rail; minutes from major routes, and steps from Melrose-Wakefield Hospital. This well-maintained home features 3 levels of living space with many recent upgrades and hardwood floor throughout both units. The first-floor unit features a 5-room layout with 2 bedrooms and has been fully renovated including new windows. The second and third floor unit offers a spacious 9 rooms, 5 bedrooms, a living room, dining room, 2 full baths, and new modern kitchen, new paint and new bathroom vanity in second floor. Additional highlights include partially finished basement with newly updated floor, front and rear porches, in unit laundry, and 5 off-street parkings. The property is currently vacant and was previously rented for $5,900/month, with potential for higher rental income. A particularly attractive feature is the valuable BD/Medical/Hospital zoning, offering additional possibilities for qualified buyers. Fantastic opportunity for investors, medical professionals, and owner-occupants. Buyer and buyer’s agent to do their own due diligence.

22 E Emerson St, Melrose

$1,150,000

7 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ 73574314 MLS ⋅ 3,072 SqFt.

Welcome to 17 Linden Road, an expansive 2-family home ideally located in Melrose's desirable Downtown-Horace Mann neighborhood. Situated on a one-way street, this well-cared-for property offers incredible flexibility, with the potential to accommodate up to 7 bedrooms across 2 spacious units. Unit 1 offers a comfortable layout with 3 bedrooms, hardwood floors, a stainless steel applianced kitchen with ample counter space, a flexible eat-in area, and the option for a separate formal dining room. Unit 2 spans two floors in a desirable townhouse-style layout and features a modern granite kitchen, tile flooring, ample cabinet storage, and the potential for 4 well-proportioned bedrooms w/ generous closet space. The top floor offers a spacious bedroom and full bathroom, creating a private retreat within the unit. With its flexible floor plan, the property is well suited for investors, multigenerational living, or an owner occupant looking to live in one unit while renting the other. Additional highlights include a fenced-in yard, hardwood floors, charming period details, and thoughtful updates throughout. Enjoy all that Melrose has to offer with an exceptional neighborhood amenity score of 83, endless shops and restaurants.Excellent commuter location between the Cedar Park and Wyoming Hill commuter rail stops, with easy access to Route 1 and I-93. All this within the highly desirable Melrose school district. Showings begin at Sundays open house.

17 Linden Rd, Melrose

$849,000

6 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ 73567250 MLS ⋅ 2,472 SqFt.

Welcome to this charming two-family home in Melrose, MA! The first-floor unit features a spacious kitchen, comfortable living room, and well-appointed bedrooms. The second-floor unit offers a kitchen, inviting living/dining area, and generously sized bedrooms. With a total of 4 bedrooms and 2 bathrooms, this property offers a versatile layout ideal for owner-occupants, extended family, or investment opportunities. Additional highlights include a long driveway with ample parking for 6 vehicles and a spacious backyard, perfect for enjoying the outdoors. Conveniently located in Melrose, this property is a wonderful opportunity to own a multi-family home in a desirable community. Schedule your showing today!

28-30 Crescent Ave, Melrose

$999,900

4 Beds ⋅ 2 Baths ⋅ UNDER AGREEMENT Status ⋅ 73566314 MLS ⋅ 2,668 SqFt.

When opportunity knocks, 250 Tremont answers with open doors! This is a fantastic chance for first-time buyers and savvy investors alike. Imagine moving in and having the additional unit help cover your expenses, or purchasing this property as an investment and watching your equity grow over time. Prime Location - The location couldn't be more ideal—just around the corner from the commuter rail and the vibrant Melrose Highlands, known for its eclectic shops and delightful restaurants. With easy access to Routes 1 and I-93, commuting and exploring the area is a breeze. Well-Maintained Property - The current owner has meticulously cared for this property, ensuring it remains in excellent condition. Both units feature two bedrooms, with the second-floor unit boasting an extra bonus room currently utilized as a spacious walk-in closet. Enjoy updated kitchens and bathrooms, separate utilities for each unit, convenient laundry facilities in the building, and ample off-street parking.Don't miss out on this incredible opportunity—whether you're looking to make it your home or add to your investment portfolio, 250 Tremont is ready to welcome you!

250 Tremont St, Melrose

$1,599,000

8 Beds ⋅ 4 Baths ⋅ UNDER AGREEMENT Status ⋅ 73558870 MLS ⋅ 4,590 SqFt.

A rare opportunity to acquire a four-family property in a high-demand area, offering unparalleled income potential and long-term value. Situated on one of Melrose's beautiful tree-lined residential streets. Each spacious unit features 2 bedrooms, 1 full bath, hardwood floors throughout, private rear balconies, off street parking and w/d hookups available in 2,255 sq ft basement with updated furnaces, roof and windows.Located just minutes from downtown Melrose with vibrant shops and restaurants, top-rated public schools, scenic hiking trails, and the MBTA/commuter rail, putting Boston just 7 miles away with easy access to routes 1 and 93. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others work for you, this property delivers on every level.

46-48 Cleveland St, Melrose

$1,350,000

3 Baths ⋅ ACTIVE Status ⋅ 73556751 MLS ⋅ 7,000 SqFt.

Prime development opportunity at 174 Green Street in Melrose. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, this versatile site offers a high-yield footprint for a high-density residential build featuring a street-level retail component. Flexible BA1 zoning provides a clear pathway to maximize residential square footage while capturing ground-floor commercial value. The existing ~7,000 sq. ft. structure offers immediate utility or short-term cash flow while navigating entitlements. Unbeatable transit-oriented location moments from the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose guarantees strong demand for future residential units and retail tenants alike. Capitalize on a rare, scalable parcel in a premier suburban market. Buyers and their agents to perform all due diligence regarding zoning, permitting, density, and specific allowable uses.

174 Green St, Melrose

$949,900

3 Beds ⋅ 3 Baths ⋅ UNDER AGREEMENT Status ⋅ 73549691 MLS ⋅ 2,276 SqFt.

This is a beautiful standard two family up/Down with a finished walk up attic. Both unit kitchens are fully applianced, separate entries from common entry ways. You have 4 side by side parking spots. Two private fenced in outdoor sitting areas, a Reeds Ferry Shed, Cedar Impressions Vinyl Siding, Composite/vinyl porch, stairways in the back and granite stairway in front, Separate utilities, for heat & hot water, and two separate W/D set ups the basement. First floor kitchen is radiant heated, walk up attic has a HVAC unit, sprinkler system, and you are a short walk to the commuter rail to Boston and bus service to Oak Grove train station, Easy access to route 93 both North and South, Orange line is approximately 1 mile away. Melrose offers many restaurants and shopping opportunities, public Library, Hospital, Ell Pond, two supermarkets (Shaw's & Whole Foods), public tennis courts, parks, swimming pool, and both Public & Private schools. A great community with Victorian flair, etc.

64 Cleveland St, Melrose

$1,050,000

4 Beds ⋅ 3 Baths ⋅ UNDER AGREEMENT Status ⋅ 73546276 MLS ⋅ 2,047 SqFt.

Exceptional, well-maintained two-family property offering an outstanding opportunity for both owner-occupants and savvy investors. This versatile home features a highly desirable layout with strong rental income potential, a two-car garage, and off-street parking for up to six additional vehicles—an uncommon amenity in the area. The full walk-out basement provides abundant storage and added functionality. Ideally located just minutes from Oak Grove MBTA Station, commuter rail, parks, shops and vibrant downtown Melrose. The property is perfectly positioned to attract commuters and tenants seeking convenience and accessibility. Close to 93/95/Rte 1. The spacious yard offers the ideal setting for outdoor entertaining or gardening. Whether you're looking to expand your investment portfolio, generate reliable rental income, or live in one unit while offsetting your mortgage with rental income from the other, this property offers exceptional long-term value and investment potential.

213-215 Main St, Melrose

$1,295,000

6 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ 73543191 MLS ⋅ 3,564 SqFt.

One of a kind Architecturally distinctive VICTORIAN offers 3,564 sq.ft. living area across 13 rooms, 6 bedrooms, 3 full baths. Striking bottle glass stucco facade, stained glass window. 9 foot ceilings, hardwood floors, elegant crown moldings and abundant natural light throughout. Separate utilities, walkout basement, off street parking. Owners unit (1st floor) open concept living room, fireplaced dining room, 3 bedrooms, master bedroom with ensuite bath. Unit 2 Kitchen, Living room, dining room, 3+ bedrooms, hardwood floors, in unit laundry.Melrose HIGHLANDS Location convenient to MBTA Commuter Rail Train, MBTA Bus (Route 131), schools, parks, playgrounds, shopping, medical facility. Perfect setup for owner occupants, investors, multigenerational living. Built to accomodate todays lifestyle.Priced to sell for todays market.Buyers to perform their own due diligence regarding other potential uses. Seller would like short rent back after closing. Actively looking for housing. TAW Tenant. $3400/mo FMV rent. Visit OPEN HOUSE or schedule private showing.

629 Franklin Street, Melrose

$975,000

6 Beds ⋅ 2 Baths ⋅ UNDER AGREEMENT Status ⋅ 73539478 MLS ⋅ 2,630 SqFt.

is pleased to present this two-family investment property located at 9 Elm Street in Melrose, MA. The three-story building contains two (2) 3-Bedroom/1-Bathroom units with 2,630 square feet of gross living area in 5,544 square feet of gross area. Both units offer in-unit laundry and porches. Additional value-add opportunities can be leveraged for an investor or savvy owner-occupant. The Property is situated upon a 0.134-acre corner parcel and features two (2) off-street parking spaces. 9 Elm Street is well-positioned in downtown Melrose, offering strong access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods.

9 Elm St, Melrose

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