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Melrose Heights Homes for Sale

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  • /37

    $749,000

    • 5 Beds
    • 5 Baths
    • 2,762 Sq Ft

    5315 Cole St, Oakland, CA 94601

    Welcome to 5315 Cole St. In the Fairfax community. Prime Investment Opportunity with Strong Income Potential! This charming early 20th-century fourplex offers incredible flexibility: use it as a single-family home, duplex, triplex or fourplex to maximize your investment. With a fantastic location and a proven track record as a high-demand rental property, this is an ideal opportunity for

    Agent Photo

    WAYNE CARROLL

    Twin Oaks Real Estate

    (855) 696-7388

    5315 Cole St, Oakland, CA 94601
  • /11

    $975,000

    • 2,742 Sq Ft

    5103 Fairfax Ave, Oakland, CA 94601

    Discover unparalleled potential at 5103 Fairfax Avenue, Oakland, CA—a remarkable multi-family residence. This expansive property spans 2,742 square feet, perfectly mirroring its large lot size. Originally built in 1913, the building is divided into four distinct units: a 2-bedroom owner's suite, a 1-bedroom unit, a studio, and an additional occupied unit. Each unit benefits from off-street

    Kenneth Hogan Compass

    5103 Fairfax Ave, Oakland, CA 94601
  • /2

    $599,000 Pre-Foreclosure

    • 5 Beds
    • 2 Baths
    • 2,915 Sq Ft

    5339 Trask St, Oakland, CA 94601

    Opportunity of a lifetime, priced to sell! Heavily discounted property in a nice and quiet neighborhood. Property Ideal for real estate investors, contractors or someone with a vision. Lots of potential for the right buyer. Seller may carry financing.

    J. Adame Ameriland Real Estate Services

    5339 Trask St, Oakland, CA 94601

Why Live in Melrose Heights

Melrose Heights in Oakland is characterized by its wide streets lined with tall native California trees, such as pines and oaks, and colorful homes featuring inviting front porches and lush flower gardens. The neighborhood predominantly consists of small stucco bungalows from the early 20th century, alongside larger Mediterranean and Victorian-style homes. Residents enjoy access to three nearby parks: Maxwell Park, with its playground and mosaic murals; Brookdale Park, offering grassy hillsides, athletic courts, and picnic areas; and Courtland Creek Park, known for its scenic walking trail along a creek. San Leandro Bay, located about 2.5 miles west, provides beaches and boat launches. Dining options in Melrose Heights include Green House Bakery, known for its handmade pastries, and Ruth's Buka, a family-run Nigerian restaurant. For groceries, Cardenas Market offers a juice bar and homemade tortillas. The neighborhood is well-connected with several Alameda-Contra Costa Transit bus stops and proximity to the BART Fruitvale Station. Major highways like Interstate 580 and Interstate 880 provide routes to downtown Oakland, Alameda, and San Francisco, all within 20 miles. The Oakland Melrose Branch Library hosts various community events, including art workshops and holiday festivities. While local schools have mixed ratings, Fremont High School offers specialized programs in college readiness and technical education.

Frequently Asked Questions

Is Melrose Heights a good place to live?
Melrose Heights is a good place to live. Melrose Heights is considered fairly walkable and somewhat bikeable with good transit options. Melrose Heights is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Melrose Heights has 7 parks for recreational activities. It is very dense in population with 23.0 people per acre and a median age of 39. The average household income is $127,372 which is above the national average. College graduates make up 35.7% of residents. A majority of residents in Melrose Heights are home owners, with 45.4% of residents renting and 54.6% of residents owning their home. A local real estate agent serving Melrose Heights can help you decide if this neighborhood is the right one for you. Learn more on our Melrose Heights neighborhood guide.
Is Melrose Heights, CA a safe neighborhood?
Melrose Heights, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Melrose Heights?
The median home price in Melrose Heights is $885,000. If you put a 20% down payment of $177,000 and had a 30-year fixed mortgage with an interest rate of 6.15%, your estimated principal and interest payment would be $4,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $185K a year to afford the median home price in Melrose Heights. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Melrose Heights is $127K.
What are the best public schools in Melrose Heights?
The best public schools that serve Melrose Heights are:
What are the best private schools in Melrose Heights?
The best private schools that serve Melrose Heights are:
What are the most popular zip codes in Melrose Heights, Oakland, CA?
The most popular zip codes in Melrose Heights, Oakland, CA include 94601, 94619, 94605, 94621 and 94602.
What are the most popular neighborhoods near Melrose Heights, Oakland, CA?
The most popular neighborhoods near Melrose Heights, Oakland, CA are Melrose Heights, Maxwell Park, Fremont, Wentworth Holland and Jefferson.

Home Trends in Melrose Heights, CA

Housing Trends

Median Sale Price
$992,500
Median Single Family Sale Price
$975,000
Median Townhouse Sale Price
$904,500
Average Price Per Sq Ft
$392
Number of Homes for Sale
3
Last 12 months Home Sales
8
Months of Supply
4.50
Median List Price
$885,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
40%
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