$1,199,000

381 Washington St, Melrose, MA 02176

5 beds |
3 baths |
2,950 sqft

Multi-Family Home
Built in 1922
0.27acre lot
2 car garage
$406/sqft
Listed 4 days ago

Property Description

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.

Listing Status:: Active
Date Added:: April 8, 2026
Data Last Updated:: April 12, 2026 at 7:06AM
Listing Office:: Classified Realty Group : 781-944-1901
Listing Agent:: Susan Gormady Group : 617-212-6301
MLS ID:: 73495933

General: Ceiling Fan(s)PantryLead Certification AvailableStorageUpgraded CabinetsUpgraded CountertopsRemodeledCrown MoldingBathroom With Tub & ShowerLiving RoomDining RoomKitchenLaundry RoomOffice/Den
Appliances: RangeDishwasherMicrowaveRefrigeratorWasherDryerDisposal
Basement: FullPartially Finished
Flooring: TileHardwoodStone/Ceramic Tile
A/C: NoneHeat PumpDuctless
Heating: CentralNatural Gas
Fireplace: FireplaceFireplaces: 1
Eco/Green Feature: Solar

General: Balcony/DeckRain GuttersProfessional LandscapingFruit Trees
Parking: Paved DriveOff StreetDrivewayParking spaces: 8

Roofing: Shingle
Windows: Insulated Windows
General: Frame4Block

Road/Access: Public
Originating MLS: MLS Property Information Network
County: Middlesex

Zoning: URAM:0A6 P:0000074652028

Utilities: Circuit Breakers
Water: Public
Sewer: Public Sewer

Source: MLS Property Information Network
Exclusions: All Appliances Included. Swing Set Remains.

This listing courtesy of Susan Gormady Group , Classified Realty Group

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Lincoln Elementary School

80 W Wyoming Ave, Melrose, MA, 02176

Grades KG-5

0.34 miles away

Melrose Veterans Memorial Middle School

350 Lynn Fells Pkwy, Melrose, MA, 02176

Grades 6-8

1.04 miles away

Melrose High School

360 Lynn Fells Pkwy, Melrose, MA, 02176

Grades 9-12

1.08 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.