Exceptional opportunity to own a well-maintained two-family home offering approximately 2,100 sq ft of living space. This versatile property features a total of 6 bedrooms and 2 full bathrooms across two units. The first-floor unit offers comfortable living space with direct access to a private brick patio—perfect for outdoor dining or relaxing. The second-floor unit features a deck located just off the kitchen, creating an ideal setting to enjoy your morning coffee or unwind at the end of the day. Each units has 2 dedicated parking spaces (4 total) & in-unit laundry. Whether you’re an investor seeking a property with strong rental history or an owner-occupant looking to offset your mortgage with additional income, this property provides outstanding flexibility (unit 1 will be delivered vacant). Conveniently located near downtown Melrose, Oak Grove Station, restaurants, shops, and parks. Tenants pay own electric and gas.
Sold for $925,000
$925,000
7 Park St, Melrose, MA 02176
6beds
2,100sqft
2 Family - 2 Units Up/Down
Built in 1880
-- sqft lot
$912,900 Zestimate®
$440/sqft
$3,333 Estimated rent
Home value
$912,900
$867,000 - $959,000
$3,333/mo
Zestimate® history
Owner options
List your home for rent
$3,333/mo
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$3,333/mo
Rent Zestimate®
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$5,802/mo
Est. payment
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$5,802/mo
Est. payment
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List your homeWhat's special
In-unit laundryPrivate brick patio
Zillow last checked:
Listing updated:
Listed by:
Prescott White 617-830-2624,
Commonwealth Properties Residential, LLC 617-600-8415
Bought with:
Entela Tase
Coldwell Banker Realty - Westwood
Source: MLS PIN,MLS#: 73536996
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Electric
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Features
- Pantry, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Cathedral/Vaulted Ceilings, Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
- Flooring: Wood, Tile, Hardwood
- Basement: Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
- Finished area above ground: 2,100
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Uncovered spaces: 4
Features
- Patio & porch: Porch, Deck, Patio
- Exterior features: Balcony/Deck, Rain Gutters
Lot
- Size: 3,838 Square Feet
Details
- Parcel number: M:0D5 P:0000113,654506
- Zoning: URB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: 110 Volts, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $440/sqft
- Tax assessed value: $758,200
- Annual tax amount: $7,506
- Date on market: 7/16/2026
- Listing terms: Contract
- Exclusions: Refrigerator Unit 1 Excluded
- Total actual rent: 2600
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Sold | $925,000+2.8%$440/sqft |
Source: MLS PIN #73536996 Report a problem | ||
| 7/2/2026 | Pending sale | $900,000$429/sqft |
Source: MLS PIN #73536996 Report a problem | ||
| 6/23/2026 | Contingent | $900,000$429/sqft |
Source: MLS PIN #73536996 Report a problem | ||
| 6/18/2026 | Listed for sale | $900,000+125%$429/sqft |
Source: MLS PIN #73536996 Report a problem | ||
| 6/6/2016 | Sold | $400,000$190/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,506 +5.7% | $758,200 +6.1% |
| 2024 | $7,099 +20.3% | $714,900 +26.2% |
| 2023 | $5,902 | $566,400 +1.4% |
| 2022 | $5,902 +7.2% | $558,400 +11.1% |
| 2021 | $5,505 +5.8% | $502,700 +6.8% |
| 2020 | $5,201 +8.2% | $470,700 +5.9% |
| 2019 | $4,806 +1.9% | $444,600 +6.8% |
| 2018 | $4,718 +5.6% | $416,400 +10% |
| 2017 | $4,466 +2.6% | $378,500 +7.2% |
| 2016 | $4,354 +1.3% | $353,100 +6.5% |
| 2015 | $4,299 +9.3% | $331,700 +12% |
| 2014 | $3,934 +4.7% | $296,200 +2.7% |
| 2013 | $3,758 +2.1% | $288,400 |
| 2012 | $3,680 +2.4% | $288,400 |
| 2011 | $3,593 +1.4% | $288,400 -1.7% |
| 2010 | $3,543 +2.7% | $293,500 -3.4% |
| 2009 | $3,450 +5.4% | $303,700 -3.2% |
| 2008 | $3,274 +3.2% | $313,900 -2.8% |
| 2007 | $3,174 -1% | $322,900 -3% |
| 2006 | $3,206 +3.8% | $332,900 +5% |
| 2005 | $3,088 +8.3% | $317,000 +28.1% |
| 2004 | $2,851 +4.2% | $247,500 +17.7% |
| 2002 | $2,736 +0.4% | $210,300 +8.3% |
| 2000 | $2,725 +2.9% | $194,200 +15.3% |
| 1999 | $2,649 | $168,500 |
Find assessor info on the county website
Neighborhood: Oak Grove/Pine Banks
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Nearby schools
GreatSchools rating
- 8/10Hoover Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Melrose Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10Melrose High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$912,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$912,900
