Well-maintained two-family home in a desirable East Arlington location offering spacious layouts, beautiful hardwood floors, and excellent commuter convenience. The first-floor unit features hardwood floors throughout the living room, dining room, and bedrooms, along with a charming built-in dining room hutch. The eat-in kitchen includes an adjoining pantry, and first-floor laundry is conveniently located in the clean, spacious basement. The second unit offers two levels of living space. The main level features two bedrooms, an office, enclosed front porch, living room, dining room, and eat-in kitchen. Beautiful hardwood floors enhance the living room, dining room, office, and bedrooms, while a classic built-in hutch adds character and detail to the dining room. A separate laundry room with additional pantry space is located off the kitchen. The second-floor unit also features a private back deck, providing additional outdoor space. The third floor includes a bedroom and plenty of open space offering excellent potential for future expansion. Additional highlights include a newer roof, an oversized double driveway, a newer furnace serving the second unit and generous basement space. Excellent location close to Mass Ave, the Minuteman Bikeway, Alewife T Station, Route 2, and public bus transportation. A wonderful opportunity for owner-occupants or investors!
| Units | 2 |
| Living area | 2,469 sqft |
| Lot size | 4,948 sqft |
| Year built | 1940 |
| Price / sqft | $506 |
| County | Middlesex |
| MLS # | 73586689 |
| Days on market | 0 days |
| Listed on | October 5, 2026 |
| Annual property tax | $11,780 |
| Tax year | 2026 |
| Assessed value | $1,104,000 |
| Zoning | R2 |
| Gross income (actual) | $32,400/yr |
| Net operating income (actual) | $32,400/yr |
| Total actual rent | $2,700/mo |
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Sump Pump, Concrete, Unfinished |
| Foundation | Block |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Laminate, Hardwood, Stone/Ceramic Tile |
| Heating | Hot Water, Natural Gas |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, Washer Hookup |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 2,469 sqft of living area, built in 1940.
48-50 Melrose Street, Arlington MA 02474 has been listed for 0 days (since October 5, 2026).
At a list price of $1,250,000 across 2 units, that works out to roughly $625,000 per unit.
Annual property taxes are $11,780 (2026), on an assessed value of $1,104,000.
At $1,250,000 for 2,469 sqft, that's about $506 per square foot.
4 total parking spaces (paved drive, off street).
48-50 Melrose Street, Arlington MA 02474 is in Arlington, Middlesex County, MA 02474.

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.