54-56 Dell Ave, Melrose MA 02176
Melrose, MA 02176
$775,000
Est. $4,731/month
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About this home
Excellent opportunity to own a two-family home in a prime location near downtown Melrose! Each unit offers a well-laid-out 4-room floor plan with two bedrooms, kitchen, living room and full bath. Separate utilities and entrances—ideal for owner-occupants or investors alike. The property includes ample parking and generous outdoor space, perfect for enjoying the upcoming season. While both units would benefit from updating, they provide a fantastic opportunity to add value. The full walkout basement has two finished rooms and a 3/4 bathroom. Bring your vision and customize to your taste. Conveniently located close to shops, restaurants, public transportation, schools and all that downtown Melrose has to offer. Don’t miss this property's potential !
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Apr 2, 2026
Active → Active Under Contract
Pending Sale
Mar 31, 2026
Offer accepted, sale pending
Listed for Sale
Mar 25, 2026
$775,000
Original listing
Agent: Maureen Grant
Office: Brad Hutchinson Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/02/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 03/31/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 03/25/2026 | 🏠 Listed for Sale | $775,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,351 | $742,500 |
Financial Details
Annual Property Tax
$7,351
Tax Year 2025
Assessed Value
$742,500
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1895
Living Area
1,819 sq ft
Lot Size
0.10 acres
Bedrooms
4
Full Baths
3
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
Baseboard, Natural Gas
Cooling
None
Flooring
None
Appliances
Range, Refrigerator
Fireplace
None
Fireplaces
2
Basement
Partially Finished, Walk-out Access
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$7,351
Assessed Value
$742,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Public Record
Sq Ft Disclosures
Approximate
Documents
None
County
Middlesex
Total market time (incl. prior listings)
22 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sale Pending
Year Built
1895
Bedrooms
4
Full Bathrooms
3
Living Area
1,819 sq ft
Total Rooms
8
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,819 sq ft above grade
500 sq ft below grade
Display Options
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:
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Partially Finished, Walk-Out Access
Laundry:
Security:
Construction & Materials
Year Built:
1895
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
2
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Paved
Special Features
Fireplaces:
2
Fireplace Type:
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
0.3 mi
Grades PK-08
A
Lincoln School
0.5 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
A
Winthrop School
0.6 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
0.7 mi
|
#218 of 824
|
Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students
Moderate
Grades K-05
Early Childhood Center
0.8 mi
246 students
Moderate
Grades PK-K
A
Roosevelt School
0.9 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+
Horace Mann School
1.0 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
Middle Schools
1 school
A-
Melrose Middle School
0.7 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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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$613
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
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Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
54-56 Dell Ave, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Maureen Grant
Listing Office
Brad Hutchinson Real Estate
Office Phone
781-665-2222
Agent MLS ID
B0444043
Office MLS ID
B11101
Listing Data Updated
Apr 16, 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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