HomeNewton2 Family - 2 Units Up/Down18-20 Melbourne Ave, Newton MA 02460
18-20 Melbourne Ave, Newton MA 02460 — photo 1 of 121 / 12
SOLD · Aug 21, 2025
$1,050,000   Under asking
Asking $1,175,000 · $-125,000 (-10.6%)
18-20 Melbourne Ave, Newton MA 02460
2 units · 5 bd · 2 ba · 2,600 sqft · $587,500/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02460) yet.

About this property

Incredible two-family opportunity in Newton! Ideal for investors or owner-occupants, this property features separate front and side entrances, individual utilities, and a private yard, perfect for multi-generational living, rental income, or potential condo conversion. Enjoy a superb location near the Charles River walkway and bike trails to Boston, with easy access to shops, restaurants, public transit, and the Mass Pike. The first-floor and second floor unit is now vacant; both units will be delivered vacant at closing. A private driveway and detached two-car garage complete the package. Located in a desirable neighborhood with access to Newton’s top-rated schools, this is a rare opportunity to own and add value in one of Greater Boston’s most sought-after communities. Don’t miss out!

Property details

Units2
Living area2,600 sqft
Lot size6,585 sqft
Year built1920
Price / sqft$404
CountyMiddlesex
MLS #73391676

Location

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 18-20 Melbourne Ave, Newton MA 02460 have?

It is a 2-unit multi-family property with 2,600 sqft of living area, built in 1920.

What is the price per unit?

At a list price of $1,175,000 across 2 units, that works out to roughly $587,500 per unit.

What is the price per square foot?

At $1,175,000 for 2,600 sqft, that's about $404 per square foot.

Where is this property located?

18-20 Melbourne Ave, Newton MA 02460 is in Newton, Middlesex County, MA 02460.

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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.

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