Melrose, MA Multifamily Homes & Duplexes for Sale

/26
$1,550,000 Open Thu 4:30PM - 6:30PM
- 9 Beds
- 4 Baths
- 3,519 Sq Ft
38-40 Hurd St, Melrose, MA 02176

***OPEN HOUSE Thursday 4:30 - 6:30pm***Well-maintained 4-unit multi-family property offering strong cash flow and investment potential. the building spans 3,519 sq ft on a 0.09-acre lot and features 9 bedrooms and 4 bathrooms across well designed units. Each unit includes spacious living areas, kitchens, and bedrooms. Tenants enjoy off-street parking, laundry, and easy access to Melrose shops and

Jonathan Mathews Keller Williams Realty Evolution

38-40 Hurd St, Melrose, MA 02176
/31
$2,380,000
- 10 Beds
- 8 Baths
- 5,000 Sq Ft
11 Waverly Place, Melrose, MA 02176

Fully rented till 2026. Total rental in come is $10100 per month. Experience luxury and convenience in this newly constructed 2 family-townhouse in Melrose, perfectly located near the Purple and Orange Line stations, with shops and restaurants nearby. Each unit combines the privacy of a single-family residence with the ease of townhouse living. It features an open-concept design with soaring

Wilbur Chen S&W Consulting Group LLC

11 Waverly Place, Melrose, MA 02176

Massachusetts Melrose

About Melrose

Less than 10 miles north of Boston, Melrose is a small city with a suburban feel, known for its nearby hospital, parks, ponds and a thriving local business community on Main Street. “Melrose is a very walkable community with a lot of open space and fast access to Boston by both car and train,” says Lauren Grymek, chief of staff to the office of Mayor Jennifer Grigoraitis. The city has a long history, with buildings and businesses that date back over a century. MelroseWakefield Hospital has operated for over 100 years and is the site of the worl ...

Learn more about living in Melrose

Home Trends in Melrose, MA

On average, homes in Melrose, MA sell after 15 days on the market compared to the national average of 47 days. The average sale price for homes in Melrose, MA over the last 12 months is $844,147, up 2% from the average home sale price over the previous 12 months.

Home Trends

Median Price (12 Mo)

$803,000

Median Single Family Price

$852,500

Median Townhouse Price

$1,009,000

Median 2 Bedroom Price

$549,500

Median 1 Bedroom Price

$364,950

Average Price Per Sq Ft

$484

Number of Homes for Sale

Last 12 months Home Sales

249

Months of Supply

1.20

Median List Price

$769,900

Median Discount From 1st List Price

-3%

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Melrose, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,550,000 to $2,380,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Melrose is $769,900, while the average sale price is $844,147, offering insights into the local housing market. On average, multi-family homes spend 15 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Melrose, MA.

Melrose Types of Homes for Sale

More About Living in Melrose

Multi-Family Homes in Nearby Neighborhoods

Multi-Family Homes in Nearby Cities

Multi-Family Homes in Nearby Counties

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