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Pending
  • $1,250,000

    48-50 Melrose St, Arlington, MA 02474

    5beds
    2,469sqft
    : 
    $8,025/mo
    Get pre-qualified
    Multi Family
    Built in 1940
    -- sqft lot
    $1,254,800 Zestimate®
    $506/sqft
    $-- HOA

    What's special

    Newer roofClassic built-in hutchPrivate back deckEnclosed front porchFirst-floor laundryEat-in kitchenOversized double driveway
    Well-maintained two-family home in a desirable East Arlington location offering spacious layouts, beautiful hardwood floors, and excellent commuter convenience. The first-floor unit features hardwood floors throughout the living room, dining room, and bedrooms, along with a charming built-in dining room hutch. The eat-in kitchen includes an adjoining pantry, and first-floor laundry is conveniently located in the clean, spacious basement. The second unit offers two levels of living space. The main level features two bedrooms, an office, enclosed front porch, living room, dining room, and eat-in kitchen. Beautiful hardwood floors enhance the living room, dining room, office, and bedrooms, while a classic built-in hutch adds character and detail to the dining room. A separate laundry room with additional pantry space is located off the kitchen. The second-floor unit also features a private back deck, providing additional outdoor space. The third floor includes a bedroom and plenty of open space offering excellent potential for future expansion. Additional highlights include a newer roof, an oversized double driveway, a newer furnace serving the second unit and generous basement space. Excellent location close to Mass Ave, the Minuteman Bikeway, Alewife T Station, Route 2, and public bus transportation. A wonderful opportunity for owner-occupants or investors!
    31 days
    583
    43

    Zillow last checked:

    Listing updated:

    Listed by:

    Guy Contaldi 617-201-0247,

    REMAX Andrew Realty Services 781-395-7676

    Source: MLS PIN,MLS#: 73586689

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Range, Dishwasher, Refrigerator, Washer, Dryer
      • Laundry: Washer Hookup
      Features
      • Ceiling Fan(s), Bathroom With Tub, Walk-Up Attic, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den, Sunroom
      • Flooring: Tile, Laminate, Hardwood, Stone/Ceramic Tile
      • Windows: Insulated Windows
      • Basement: Full,Sump Pump,Concrete,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,469
      • Total interior livable area: 2,469 sqft
      • Finished area above ground: 2,469
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Paved Drive, Off Street
      • Uncovered spaces: 4
      Features
      • Patio & porch: Porch, Deck
      • Exterior features: Balcony/Deck, Rain Gutters
      Lot
      • Size: 4,948 Square Feet
      Details
      • Additional structures: Shed(s)
      • Parcel number: M:0003.0 B:0003 L:0021.0,318302
      • Zoning: R2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Year built: 1940

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Gas Range, for Electric Range, Washer Hookup

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School, T-Station
      Location
      • Region: Arlington

      Financial & listing details

      • Price per square foot: $506/sqft
      • Tax assessed value: $1,104,000
      • Annual tax amount: $11,780
      • Date on market: 10/5/2026
      • Total actual rent: 2700

        Estimated market value

        $1,254,800

        $1.14M - $1.37M

        $3,654/mo

        Price history

        DateEventPrice
        10/14/2026Pending sale$1,250,000$506/sqft
        Source: MLS PIN #73586689 Report a problem
        10/5/2026Listed for sale$1,250,000$506/sqft
        Source: MLS PIN #73586689 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,719 +8.1%$1,088,100 +6.3%
        2024$10,843 -0.1%$1,023,900 +5.7%
        2023$10,859 +0.4%$968,700 +2.3%
        2022$10,816 +3.2%$947,100 +2.5%
        2021$10,483 +2.5%$924,400 0%
        2020$10,226 +7.2%$924,600 +9.1%
        2019$9,539 +9.8%$847,200 +18.2%
        2018$8,691 +6.8%$716,500 +10.6%
        2017$8,140 +5.5%$648,100 +7.6%
        2016$7,713 +1.8%$602,600 +7.8%
        2015$7,577 +7%$559,200 +8.9%
        2014$7,084 +0.9%$513,700 -0.4%
        2013$7,023 -1.3%$516,000 -0.9%
        2012$7,113 +10.1%$520,700
        2011$6,462 +2.5%$520,700
        2010$6,306 +4.3%$520,700 +2.6%
        2009$6,047 +1.6%$507,300 -2.4%
        2008$5,952 -0.1%$519,800 -4.4%
        2007$5,956 -0.3%$543,900 +3.3%
        2006$5,973 +15.4%$526,700 +11.3%
        2005$5,176 +2.8%$473,100
        2004$5,034 +8.9%$473,100 +39.3%
        2003$4,622 +3.4%$339,600 +5.3%
        2002$4,468 +1.8%$322,600 +29.8%
        2000$4,389 +2.9%$248,500
        1999$4,267 $248,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 02474

        Getting around

        88 / 100
        Very Walkable
        51 / 100
        Good Transit
        97 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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