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!
| Units | 2 |
| Living area | 2,600 sqft |
| Lot size | 6,585 sqft |
| Year built | 1920 |
| Price / sqft | $404 |
| County | Middlesex |
| MLS # | 73391676 |
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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 2,600 sqft of living area, built in 1920.
At a list price of $1,175,000 across 2 units, that works out to roughly $587,500 per unit.
At $1,175,000 for 2,600 sqft, that's about $404 per square foot.
18-20 Melbourne Ave, Newton MA 02460 is in Newton, Middlesex County, MA 02460.

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.