LKV Realty
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$1,599,000
$6,000Reward *
46-48 Cleveland St, Melrose, MA 02176Listing ID 73558870

46-48 Cleveland St, Melrose, MA 02176

Active
Time on site: 11 days • Last updated: 1 day ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
4 Family
Bedrooms
Bedrooms
8
Bathrooms
Bathrooms
4
Square Feet
Square Feet
4,590
Acres
Acres
0.18
Days on Site
Days on Site
11
Heating
Heating
Forced Air, Natural Gas, Individual, Unit Control
Year Built
Year Built
1900
Stories
Stories
4
Parking
Parking
Off Street, Paved

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.

Property Information

Property Details

Location

Address
46-48 Cleveland St
County
Middlesex
City
Melrose
Zip Code
02176

Interior Features

Beds and Baths

Bedrooms
8
Full Bathrooms
4

Building

Building Information

Square Feet
4,590
Year Built
1900
Stories
4
Foundation
Block
Roof
Shingle

Property Taxes

Tax Annual Amount
$10,016
Tax Year
2025
The Greene Realty Group, (888) 278-5840

Market Report for 02176

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Property Information Network, Inc.
MLS Property Information Network, Inc. logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 05:24 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

CT004394