$1,075,000
SOLD JUN 15, 2026
5 Beds
4 Baths
2,474 Sq Ft
3,559 Sq Ft Lot

Sale Details

Date Sold: June 15, 2026

$435 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Public Water Access
  • Medical Services
  • Waterfront
  • Horace Mann Elementary School Rated A-
  • Pond View
  • Open Floorplan

About This Home

As of June 2026

Rare Waterfront Two-Family in the heart of downtown Melrose! Offering stunning views of Ell Pond, this property boasts an unbeatable location close to everything that makes Melrose a special place to live. Enjoy convenient access to Whole Foods, Shaw's Market, the Commuter Rail, Oak Grove, bus line, the Farmers Market, Library, YMCA, barre and yoga studios, a dog park, schools, and the vibrant downtown restaurants and shops-all within walking distance! Featuring soaring ceilings with wood beams and skylights in some rooms, the interior's feel bright and open. Two private decks provide a tranquil setting to unwind, take in the scenic Ell Pond views, or enjoy kayaking, paddleboarding, and even glimpses of the resident swans. Additional perks include in-unit laundry, separate utilities, and four off street parking spaces. Whether you are looking for an ideal owner - occupied home or a sound investment property, this unique two-family offering is not to be missed!

Last Agent to Sell the Property

Lisa Howitt

Compass Listed on: 04/15/2026

Compass

Co-Listed By

Leeman & Gately

Compass

Last Buyer's Agent

ken peng

Downtown Boston Real Estate, LLC

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,618

Year Built

  • Built in 1985

Lot Details

  • 3,559 Sq Ft Lot
  • Waterfront

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,474 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Combination Dining and Living Room
  • Home Office
  • Pond Views

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Balcony
  • Deck
  • Shed

Location

  • Property is near golf course, public transit, and schools

Schools

  • Lottery Elementary School
  • Mvmms Middle School
  • Melrose High School

Utilities

  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Internet Available

Listing and Financial Details

  • Total Actual Rent $5,700
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0D9 P:0000001

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,618

Year Built

Built in 1985

Lot Details

3,559 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1985
  • Levels: 4
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Carpet, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Basement: Full, Partially Finished, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 2474
  • Living Area: 2474
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Skylight(s), Insulated Windows
  • MAIN LO: AN2383
  • MAIN SO: AN3164

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Deck - Composite
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Waterfront, Pond, Direct Access, Public
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 4
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Gas Dryer, Washer Hookup
  • Heating: Baseboard, Natural Gas
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0D9 P:0000001
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3559
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8618

Multi Family

  • Net Operating Income: 36000
  • Number Of Units Total: 2
  • Total Actual Rent: 5700
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y
  • Waterview: Pond, Public, Walk to

MLS Schools

  • High School: Melrose High
  • Elementary School: Lottery
  • Middle Or Junior School: Mvmms

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Melrose, MA

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2026 06/15/26 Sold $1,075,000 -2.2% $435 / Sq Ft
04/27/2026 04/27/26 Pending -- -- --
04/23/2026 04/23/26 Price Changed $1,099,000 -45.0% $444 / Sq Ft
04/23/2026 04/23/26 Price Changed $1,999,000 +77.7% $808 / Sq Ft
04/15/2026 04/15/26 For Sale $1,125,000 -- $455 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73502320

MLS Property Information Network (MLS PIN)
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