46 Oakland Street, Melrose MA 02176
Melrose, MA 02176 • Fells
$1,050,000
Est. $6,202/month
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About this home
Elevate your lifestyle in this stunning hilltop retreat! Perched high above the street, this spacious two-family home offers incredible views and a serene escape from the everyday. Inside, you'll find a perfect blend of timeless character and modern updates, featuring gorgeous natural woodwork, beamed ceilings, and sleek, updated eat-in kitchens. With separate updated utilities and off-street parking, every convenience is covered. Set on an expansive 10,000+ square foot lot, the property invites you to relax on the shared patio and soak in the summer breeze. The location is a commuter's dream-leave the car at home and catch the train to Boston just three blocks away. The weekly Farmers Market ay Bowden Park is just around the corner. Grab a latte at the Bohemian Coffee House or take a short stroll to the heart of downtown Melrose to explore trendy boutiques, vibrant eateries, Shaw's Super Market and top-tier fitness studios. Whole Foods is also nearby. Great for OO or investment.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 22, 2026
Active → Active Under Contract
Pending Sale
Jul 22, 2026
Offer accepted, sale pending
Showing Instructions Updated
Jul 16, 2026
New showing requirements
Listed for Sale
Jul 15, 2026
$1,050,000
Original listing
Agent: Lisa Howitt
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/22/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/22/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/16/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/15/2026 | 🏠 Listed for Sale | $1,050,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,315 | $839,900 |
Financial Details
Annual Property Tax
$8,315
Tax Year 2025
Assessed Value
$839,900
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
2,600 sq ft
Lot Size
0.24 acres
Bedrooms
6
Full Baths
2
Total Rooms
12
Investment Metrics
Units
2
Unit 1 Rent
$2,880/mo · N
Unit 2 Rent
$2,900/mo · N
Total Monthly Rent
$5,780/mo
Gross Income
$69,360
Net Operating Income
$69,360
Cap Rate
6.61%
Interior
Heating
Baseboard, Natural Gas
Cooling
None
Flooring
Wood, Tile, Hardwood
Appliances
Range, Dishwasher, Microwave
Fireplace
None
Fireplaces
2
Basement
Full, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry
Gas Dryer Hookup, Washer Hookup
Features
Walk-up Attic, Pantry, Storage, Crown Molding, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Stone/granite/solid Counters, Living Room, Dining Room, Kitchen, Sunroom
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Stone Wall
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Enclosed, Patio
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
3
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup
Financial
Annual Tax
$8,315
Assessed Value
$839,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Accompanied Group Showing By Appointment Only. Showings For Tenants Unit Require 24 Hours Notice And The Available Dates Are 7/16-5:30-6:00 And 7/18 11;30-1:00.letters Of Lead Compliance For Both Units. Submit Offers Tuesday 7/21 At 12:00 And Allow 48 Hours For Reply. Send To La In One Pdf
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Brown
Sq Ft Source
Public Record
Sq Ft Disclosures
One bedroom on each floor has no closet
Documents
None
County
Middlesex
Total market time (incl. prior listings)
21 days
Property Overview
Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1900
Bedrooms
6
Full Bathrooms
2
Living Area
2,600 sq ft
Total Rooms
12
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,600 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Enclosed, Patio
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Hardwood
Appliances:
Range, Dishwasher, Microwave
Interior Features:
Walk-Up Attic, Pantry, Storage, Crown Molding, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Sunroom
Windows:
Basement:
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry:
Gas Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
2
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
2
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Stone Wall
Patio & Porch:
Porch, Enclosed, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street, Paved
Special Features
Fireplaces:
2
Fireplace Type:
Community Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
Nearby Schools
School District
Melrose School District local
A
School Safety
2024-25
0.6%
Low
0.4%
Suspensions
0.4%
In-School
0.2%
Emergency
4.9% below state avg
Elementary Schools
7 schools
St. Mary Elementary School
0.6 mi
Grades PK-08
A
Roosevelt School
0.4 mi
|
#124 of 824
|
Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students
Moderate
Rising School
Strong Attendance
Grades K-05
A
Lincoln School
0.6 mi
|
#130 of 824
|
Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students
Diverse
Rising School
Grades K-05
Early Childhood Center
0.8 mi
246 students
Moderate
Grades PK-K
A+
Horace Mann School
1.1 mi
|
#79 of 824
|
Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students
Less Diverse
Strong Attendance
Grades K-05
A
Winthrop School
1.2 mi
|
#89 of 824
|
Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students
Less Diverse
Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
1.4 mi
|
#218 of 824
|
Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students
Moderate
Grades K-05
Middle Schools
1 school
A-
Melrose Middle School
0.5 mi
|
#92 of 352
|
Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students
Moderate
Grades 06-08
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Year 15
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Location
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Neighborhood
Fells
46 Oakland Street, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Lisa Howitt
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
B0483875
Office MLS ID
AN2383
Listing Data Updated
Aug 5, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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