Investing in Melrose Multi-Family Homes

A live snapshot of the Melrose, MA multi-family market — 3 active listings.

Melrose is one of Greater Boston's active multi-family markets, with 3 income properties currently for sale at a median price of $1,395,000. Whether you're buying your first two- or three-family or expanding a portfolio, the listings below are each scored for investment potential so you can compare deals at a glance.

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$1,249,000

25 Cumner Ave, Melrose MA 02176

3 units 5 bd4 ba3,027 sqft

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$1,585,000

18-20 North High Street, Melrose MA 02176

4 units 7 bd4 ba4,154 sqft

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$1,395,000

38-40 Hurd Street, Melrose MA 02176

4 units 9 bd4 ba3,519 sqft

Prices in Melrose currently run from $1,249,000 to $1,585,000, or about $396,250 per unit at the median. Multi-family inventory moves quickly when the numbers work, so save a search to get alerted the moment a new Melrose deal hits the market — or open any listing and run your own numbers in the property analyzer.