Sold for $875,000

$875,000

40-42 Tappan St, Melrose, MA 02176

5beds

2,130sqft

2 Family - 2 Units Up/Down

Built in 1920

-- sqft lot

$-- Zestimate^®

$411/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

Owner options

List your home for rent

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

Refinance and save

$5,453/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$5,453/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Calling all visionaries! Here's your chance to write the next chapter of this beloved Melrose two-family, carefully stewarded by the same family since Elvis was topping the charts. While this home might need a refresh (think more "time capsule" than "turn-key"), its bones are as solid as its location is spectacular. Perfectly perched just steps from downtown Melrose's foodie paradise and the commuter rail, this property is also a hop and skip from the wilderness wonderland of Middlesex Fells. Leave your car in the two car driveway and walk to everything that makes Melrose one of Greater Boston's most coveted communities. Amidst the vintage vibes inside lie original hardwood floors, and a generous deep lot outside begs for your garden dreams. The possibilities here are endless, but it's perfect for house hackers: live in one unit while rental income helps fund your renovation vision. Or, reimagine both units for maximum return. Opportunities like this one do not come along often!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Appliances

Included: Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry: Electric Dryer Hookup

Features

Pantry, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
Flooring: Hardwood
Windows: Storm Window(s), Screens
Basement: Full,Walk-Out Access,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,130
Total interior livable area: 2,130 sqft
Finished area above ground: 2,130

Property

Parking

Total spaces: 2
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 2

Features

Patio & porch: Porch, Enclosed, Screened
Exterior features: Rain Gutters, Garden
Fencing: Fenced

Lot

Size: 7,048 Square Feet
Features: Level

Details

Parcel number: M:0B8 P:0000001,653197
Zoning: URA

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Frame
Foundation: Block
Roof: Shingle

Condition

Year built: 1920

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station

Location

Region: Melrose

Financial & listing details

Price per square foot: $411/sqft
Tax assessed value: $789,700
Annual tax amount: $7,818
Date on market: 1/6/2026
Total actual rent: 0

Price history

Date	Event	Price
6/27/2025	Sold	$875,000+2.9%$411/sqft
Source: MLS PIN #73370664 Report a problem
5/14/2025	Contingent	$850,000$399/sqft
Source: MLS PIN #73370664 Report a problem
5/7/2025	Listed for sale	$850,000$399/sqft
Source: MLS PIN #73370664 Report a problem