Pending

Price cut: $74K (8/31)

$975,000

9 Elm St, Melrose, MA 02176

6beds

2,630sqft

$6,652/mo

Get pre-qualified

2 Family - 2 Units Up/Down

Built in 1896

-- sqft lot

$933,700 Zestimate^®

$371/sqft

$-- HOA

What's special

In-unit laundryThree-story building

is pleased to present this two-family investment property located at 9 Elm Street in Melrose, MA. The three-story building contains two (2) 3-Bedroom/1-Bathroom units with 2,630 square feet of gross living area in 5,544 square feet of gross area. Both units offer in-unit laundry and porches. Additional value-add opportunities can be leveraged for an investor or savvy owner-occupant. The Property is situated upon a 0.134-acre corner parcel and features two (2) off-street parking spaces. 9 Elm Street is well-positioned in downtown Melrose, offering strong access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods.

92 days
367
9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Features

Flooring: Wood
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 2,630
Total interior livable area: 2,630 sqft
Finished area above ground: 2,630

Property

Parking

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

Features

Patio & porch: Porch

Lot

Size: 5,837 Square Feet
Features: Corner Lot

Details

Parcel number: M:E10 P:0000133,660083
Zoning: URA

Construction

Type & style

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

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1896

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station

Location

Region: Melrose

Financial & listing details

Price per square foot: $371/sqft
Tax assessed value: $802,900
Annual tax amount: $7,949
Date on market: 7/7/2026
Total actual rent: 4300

Estimated market value

$933,700

$887,000 - $980,000

$3,899/mo

Price history

Date	Event	Price
9/14/2026	Pending sale	$975,000$371/sqft
Source: MLS PIN #73539478 Report a problem
8/31/2026	Price change	$975,000-7.1%$371/sqft
Source: MLS PIN #73539478 Report a problem
6/22/2026	Listed for sale	$1,049,000+399.5%$399/sqft
Source: MLS PIN #73539478 Report a problem
7/1/1998	Sold	$210,000+110%$80/sqft
Source: Public Record Report a problem
2/2/1993	Sold	$100,000$38/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,949 +4%	$802,900 +4.3%
2024	$7,645 -1.9%	$769,900 +3%
2023	$7,792 +5.6%	$747,800 +7.1%
2022	$7,378 +5.2%	$698,000 +9%
2021	$7,012 -0.4%	$640,400 +0.5%
2020	$7,040 +10.6%	$637,100 +8.1%
2019	$6,368 +5.1%	$589,100 +10.2%
2018	$6,057 +3.3%	$534,600 +7.6%
2017	$5,863 +1.3%	$496,900 +5.8%
2016	$5,789 +1.9%	$469,500 +7.1%
2015	$5,682 +3.7%	$438,400 +6.3%
2014	$5,478 +7.2%	$412,500 +5.1%
2013	$5,112 +4.8%	$392,300 +2.6%
2012	$4,877 +2.4%	$382,200
2011	$4,762 +3.7%	$382,200 +0.5%
2010	$4,590 +0.7%	$380,300 -5.2%
2009	$4,559 +1.8%	$401,300 -6.6%
2008	$4,480 +3.3%	$429,500 -2.6%
2007	$4,336 +4.5%	$441,100 +2.4%
2006	$4,150 +3.8%	$430,900 +5%
2005	$3,997 +9%	$410,400 +28.9%
2004	$3,668 +3.4%	$318,400 +10%
2003	$3,546 +2.6%	$289,500 +9%
2002	$3,455 +14.3%	$265,600 +23.3%
2000	$3,022 -2%	$215,400 +9.8%
1999	$3,084	$196,200