Pending

$900,000

7 Park St, Melrose, MA 02176

6beds

2,100sqft

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2 Family - 2 Units Up/Down

Built in 1880

-- sqft lot

$822,900 Zestimate^®

$429/sqft

$-- HOA

What's special

In-unit laundryPrivate brick patio

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.

25 days

1,251

114

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: $429/sqft
Tax assessed value: $758,200
Annual tax amount: $7,506
Date on market: 6/18/2026
Listing terms: Contract
Exclusions: Refrigerator Unit 1 Excluded
Total actual rent: 2600

Estimated market value

$822,900

$749,000 - $905,000

$3,056/mo

Price history

Date	Event	Price
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

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