46-48 Cleveland St, Melrose, MA 02176

Melrose
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
46-48 Cleveland St,Melrose, MA 02176
$1,599,000
  • 8 Beds
  • 4 Baths
  • 4,590 sq. ft.
  • Multi-family
  • Active
Listed by: derek greene
Office: the greene realty group
MLS#:73558870
Source:MLSPIN

Price summary

  • Price:$1,599,000
  • Price per sq. ft.:$348.37

About this home

A rare opportunity to acquire a four-family property in a high-demand area, offering unparalleled income potential and long-term value. Situated on one of Melrose's beautiful tree-lined residential streets. Each spacious unit features 2 bedrooms, 1 full bath, hardwood floors throughout, private rear balconies, off street parking and w/d hookups available in 2,255 sq ft basement with updated furnaces, roof and windows.Located just minutes from downtown Melrose with vibrant shops and restaurants, top-rated public schools, scenic hiking trails, and the MBTA/commuter rail, putting Boston just 7 miles away with easy access to routes 1 and 93. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others work for you, this property delivers on every level.

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Home facts

  • Year built:1900
  • Listing ID #:73558870
  • Updated:August 14, 2026 at 02:53 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:18
  • Flooring:Hardwood, Vinyl
  • Kitchen Description:Dishwasher, Kitchen, Microwave, Range, Range Hood
  • Basement Description:Concrete, Full, Interior Entry, Slab
  • Living area:4,590 sq. ft.

Heating and cooling

  • Heating:Forced Air, Individual, Natural Gas, Unit Control

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:4,590 sq. ft.
  • Lot area:0.18 Acres
  • Lot Features:Level
  • Exterior Features:Balcony/Deck
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,599,000
  • Price per sq. ft.:$348.37
  • Tax amount:$10,016 (2025)

Features and amenities

  • Appliances:Dishwasher, Microwave, Range, Range Hood
  • Laundry features:Gas Dryer Hookup, Washer Hookup
  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:6
  • Parking description:Off Street, Paved
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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