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Investing in Melrose Multi-Family Homes

A live snapshot of the Melrose, MA multi-family market — 13 active listings.

Active listings13
Median price$1,295,000
Median cap rate
Avg Signal Score
Median $/unit$474,950
Price range$849,000$1,599,900
10/10
Melrose Market Score — Hot seller’s market
$898,000 median · +2.6% YoY · 16 days on market · ~20 sales/mo
Based on the last 6 months of recorded sales vs. the prior year. Updated regularly.

Melrose is one of Greater Boston's active multi-family markets, with 13 income properties currently for sale at a median price of $1,295,000. 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.

Top Melrose multi-families

View all 13
25 Cumner Ave, Melrose MA 02176
$1,249,000
25 Cumner Ave, Melrose MA 02176
3 units 5 bd4 ba3,027 sqft
18-20 North High Street, Melrose MA 02176
$1,585,000
18-20 North High Street, Melrose MA 02176
4 units 7 bd4 ba4,154 sqft
38-40 Hurd Street, Melrose MA 02176
$1,395,000
38-40 Hurd Street, Melrose MA 02176
4 units 9 bd4 ba3,519 sqft
28-30 Crescent Ave, Melrose MA 02176
$849,000
28-30 Crescent Ave, Melrose MA 02176
2 units 6 bd2 ba2,472 sqft
38 & 40 Hurd St, Melrose MA 02176
$1,295,000
38 & 40 Hurd St, Melrose MA 02176
4 units 9 bd4 ba3,519 sqft
46-48 Cleveland St, Melrose MA 02176
$1,599,000
46-48 Cleveland St, Melrose MA 02176
4 units 8 bd4 ba4,590 sqft
6-8 Linden Road, Melrose MA 02176
$1,599,900
6-8 Linden Road, Melrose MA 02176
2 units 6 bd6 ba3,200 sqft
629 Franklin Street, Melrose MA 02176
$1,295,000
629 Franklin Street, Melrose MA 02176
2 units 6 bd3 ba3,564 sqft
64 Cleveland St, Melrose MA 02176
$949,900
64 Cleveland St, Melrose MA 02176
2 units 3 bd3 ba2,276 sqft

Prices in Melrose currently run from $849,000 to $1,599,900, or about $474,950 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.

Melrose multi-family — questions & answers

How many multi-family homes are for sale in Melrose?

There are currently 13 active multi-family listings in Melrose, MA.

What is the median multi-family home price in Melrose?

The median list price is about $1,295,000, or roughly $474,950 per unit.

What cap rate do multi-families in Melrose offer?

Cap rate estimates depend on local rents; contact us for a current read.

Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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