$999,000
131 Altamont Ave
Melrose, MA, 02176
Two-family home at 131 Altamont Ave in Melrose, Massachusetts, offering 6 bedrooms, 2 bathrooms, and 2,800+ square feet across two units with great bones and strong renovation potential. Each unit features its own separate systems, hardwood flooring throughout most of the home, and high ceilings that add volume and light to both living spaces. Every unit also includes its own private deck, providing separate outdoor space for both households. Two separate driveways offer off-street parking for up to two cars per unit — a valuable feature in Melrose. The home needs updating throughout, making it well-suited for an owner-occupant or investor looking to build equity through renovation. Located on a street surrounded by luxury single-family homes in one of Melrose’s most desirable neighborhoods, this 2,800+ square-foot two-family sits in a thriving Massachusetts market with strong long-term upside. A rare opportunity to reimagine 6 bedrooms and 2 baths across two units in a premier Melrose location.
Property Details
Price:
$999,000
MLS #:
73579211
Status:
Active
Beds:
6
Baths:
2
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Sep 17, 2026
Finished Sq Ft:
2,864
Total Sq Ft:
2,864
Lot Size:
11,805 sqft / 0.27 acres (approx)
Year Built:
1884
Units:
2
Schools
Elementary School:
Apply
Middle School:
Mvmms
High School:
Mhs
Interior
Above Grade Finished Area
2864
Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Carpet, Hardwood
Heating
Forced Air, Electric, Oil
Interior Features
Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
Laundry Features
Washer & Dryer Hookup
Levels
2
Exterior
Community Features
Shopping, Highway Access, Public School
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Deeded, Paved
Parking Spots
4
Parking Total
4
Patio And Porch Features
Deck – Wood
Roof
Asphalt/Composition Shingles
Stories
2
Financial
Tax Year
2026
Taxes
$10,502
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…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Melrose as of Sep 21, 2026
9
Multi Family Listed
38
Avg DOM
346
Avg $ / SqFt
$1,118,978
Avg List Price
Community
- Address131 Altamont Ave Melrose MA
- CityMelrose
- CountyMiddlesex
- Zip Code02176
Subdivisions in Melrose
Similar Listings Nearby
Property Summary
- 131 Altamont Ave Melrose MA is a Multi Family for sale in Melrose, MA, 02176. It is listed for $999,000 To schedule a showing of MLS#73579211 at 131 Altamont Ave in Melrose, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Leading Edge Real Estate. 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.
131 Altamont Ave
Melrose, MA