$1,199,000
381 Washington Street
Melrose, MA, 02176
Two-family beauty! This home is an exceptional opportunity for owner-occupants, investors, or multigenerational living. The 2-story upper unit lives like a single featuring a light-filled primary suite, large home office or studio, & expansive views. Fully renovated over the past decade, including professional design and modern finishes. Each unit has its own private deck overlooking the landscaped, tree-lined yard as well as access to an enclosed shared front porch. Owned solar panels provide added efficiency & energy savings. Outside, enjoy a rare, large fenced-in yard, 2-car garage & additional rear parking. Close to downtown Melrose, commuter rail, Oak Grove orange line, I-93, & the Middlesex Fells, offering a seamless blend of nature, convenience, & access to Boston. A rare opportunity to own a turnkey multi with both lifestyle appeal & strong investment upside, making this an ideal setup to offset your mortgage or build long-term wealth with confidence.
Property Details
Price:
$1,199,000
MLS #:
73495933
Status:
Pending
Beds:
5
Baths:
3
Type:
Multi Family
Listed Date:
Apr 8, 2026
Finished Sq Ft:
2,950
Total Sq Ft:
2,950
Lot Size:
11,565 sqft / 0.27 acres (approx)
Year Built:
1922
Units:
2
Schools
Elementary School:
Apply
Middle School:
Mvmms
High School:
Mhs
Interior
Above Grade Finished Area
2505
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Disposal
Bathrooms
3 Full Bathrooms
Below Grade Finished Area
445
Cooling
None, Heat Pump, Ductless
Fireplaces Total
1
Flooring
Tile, Hardwood, Stone/Ceramic Tile
Heating
Central, Natural Gas
Interior Features
Ceiling Fan(s), Pantry, Lead Certification Available, Storage, Upgraded Cabinets, Upgraded Countertops, Remodeled, Crown Molding, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
Levels
4
Exterior
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Construction Materials
Frame
Covered Spaces
2
Exterior Features
Balcony/Deck, Rain Gutters, Professional Landscaping, Fruit Trees
Garage Spaces
2
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Driveway
Parking Spots
8
Parking Total
8
Patio And Porch Features
Enclosed, Deck – Wood, Patio
Roof
Shingle
Stories
4
Window Features
Insulated Windows
Financial
Tax Year
2025
Taxes
$8,025
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Melrose as of May 04, 2026
8
Multi Family Listed
111
Avg DOM
422
Avg $ / SqFt
$2,571,238
Avg List Price
Community
- Address381 Washington Street Melrose MA
- CityMelrose
- CountyMiddlesex
- Zip Code02176
Subdivisions in Melrose
Similar Listings Nearby
Property Summary
- 381 Washington Street Melrose MA is a Multi Family for sale in Melrose, MA, 02176. It is listed for $1,199,000 To schedule a showing of MLS#73495933 at 381 Washington Street in Melrose, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Classified Realty Group. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
381 Washington Street
Melrose, MA