$1,199,000
OPEN SAT 11AM - 12:30PM

22 E Emerson St Melrose, MA 02176

Downtown Melrose Neighborhood

Estimated payment $6,843/month

7 Beds
3 Baths
3,530 Sq Ft
$340 Price per Sq Ft

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Winthrop Elementary School Rated A
  • Property is near public transit and schools
  • Corner Lot

About This Home

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 with valuable BD/medical/hospital zoning. 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-room layout with 5 bedrooms, living room, dining room, 2 full baths, and renovated modern kitchen. Additional highlights include partially finished basement, front and rear porches, in unit laundry, and 5 off-street parkings. Currently leased for $5900/month, potentially can increase much more if all rooms are rented. Fantastic opportunity for investors, medical professionals, or owner-occupants. Property sold as-is. Buyer and buyer’s agent to do their own due diligence.

Listing Agent

John Zhang

Fairview Partners International LLC Listed on: 03/12/2026

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,058

Year Built

  • Built in 1929

Lot Details

  • 4,927 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Storm Windows

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 5 Open Parking Spaces
  • 5 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Porch

Location

  • Property is near public transit and schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number M:0D8 P:0000017,654936

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park

Building Details

  • Net Operating Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,058

Year Built

Built in 1929

Lot Details

4,927 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1929
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: OpenHouse
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Pantry, Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Stone/Granite/Solid Counters, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 7
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Walk-Out Access
  • Above Grade Finished Sq Ft: 3030
  • Below Grade Sq Ft: 500
  • Living Area: 3530
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: AN5096

Exterior Features

  • Exterior Features: Balcony/Deck, Balcony
  • Construction Materials: Stone
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 5
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Steam, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Conservation Area, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0D8 P:0000017,654936
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4927
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8058

Multi Family

  • Net Operating Income: 70800
  • Number Of Units Total: 2
  • Total Actual Rent: 5900
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 2: Y
  • LEASE 1: Y

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,058 $813,900 $357,500 $456,400
2024 $7,607 $766,100 $334,500 $431,600
2023 $7,632 $732,400 $311,400 $421,000
2022 $7,475 $707,200 $299,900 $407,300
2021 $11,637 $644,800 $288,300 $356,500
2020 $11,402 $617,200 $265,300 $351,900
2019 $11,068 $594,200 $253,700 $340,500
2018 $6,114 $539,600 $210,500 $329,100
2017 $10,334 $501,200 $201,800 $299,400
2016 $4,203 $340,900 $178,800 $162,100
2015 $4,404 $339,800 $178,800 $161,000
2014 $4,097 $308,500 $164,300 $144,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2026 03/12/26 For Sale $1,199,000 +99.8% $340 / Sq Ft
09/01/2015 09/01/15 Sold $600,000 +0.2% $170 / Sq Ft View Prior Sale
08/02/2015 08/02/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $598,900 -- $170 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Deed -- --
Quit Claim Deed $600,000 --
Deed $325,000 --
Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $243,750 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73485840

MLS Property Information Network (MLS PIN)

APN: MELR-000008D-000000-000017

Massachusetts Middlesex County Melrose 02176 Downtown Melrose

22 E Emerson St, Melrose, MA

For Sale

MultiFamily

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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John Zhang
Listing Agent
John Zhang
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Fairview Partners International LLC
(339) 500-6492
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