381 Washington St Melrose MA 02176 MLS #73495933

381 Washington St
Melrose, MA, 02176
$1,199,000
5 Beds
3 Baths
2,950 SqFt
0.27 Acres
$1,199,000
381 Washington St
Melrose, MA, 02176
Open House Apr 11, 2026
11:30 – 01:00
Open House Apr 09, 2026
10:30 – 12:00
Open House Apr 09, 2026
10:30 – 12:00
Open House Apr 12, 2026
11:30 – 01:00
Open House Apr 13, 2026
04:30 – 06:00
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:
Active
Beds:
5
Baths:
3
Address:
381 Washington St
Type:
Multi Family
City:
Melrose
Listed Date:
Apr 8, 2026
State:
MA
Finished Sq Ft:
2,950
Total Sq Ft:
2,950
ZIP:
02176
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

Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Disposal
Bathrooms
3 Full Bathrooms
Cooling
None, Heat Pump, Ductless
Fireplaces Total
1
Flooring
Tile, Hardwood, Stone/ Ceramic Tile
Heating
Central, Natural Gas

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
Exterior Features
Balcony/ Deck, Rain Gutters, Professional Landscaping, Fruit Trees
Parking Features
Paved Drive, Off Street, Driveway
Parking Spots
8
Roof
Shingle

Financial

Net Operating Income
$81,600
Tax Year
2025
Taxes
$8,025
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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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Rover IDX
381 Washington St
Melrose, MA