442 Lebanon Street, Melrose MA 02176

Melrose, MA 02176
$830,000
Est. $4,418/month
4
Beds
3
Baths
2,143
Sq Ft
$387
Price/Sq Ft
0.14
Acres
1900
Year Built
Multi Family
Type
5
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73161302

About this home

Where do we start off when describing all of the amazing features of 442 Lebanon Street? First, perhaps the fact that you can immediately take away some of the pain of the infamous interest rate situation by having the ability to have rental income AND a wonderful owner occupied unit! Second, you are 0.3 miles from downtown Melrose! We are talking about a less than 10 minute walk to amazing restaurants, coffee shops, pharmacies, florists and more. The first floor unit offers a kitchen, full bath, living room with dining area, and a nice size bedroom, all with generous ceiling height and bright light. The upper unit has 3 bedrooms and 2 full bathrooms spread out over 2 living levels. The property itself is an ideal 2 family with tons of parking and a private deck for each unit. The backyard is lush and level. Whole house water filtration system AND house roof replaced December 2022! This special home offers a wonderful investment opportunity. A great property in an even better location!

Sale Statistics

Sale Overview
Original List Price: $799,000
Final Sale Price: $830,000
Difference: +$31,000 (+3.9%)
Performance Metrics
103.9%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $373
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 3.9% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,143 sq ft
Total Rooms
9
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Carpet, Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Washer, Dryer, Range, Dishwasher, Refrigerator, Range Hood, Disposal
Interior Features
Laundry Room, Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Kitchen, Dining Room
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup
Basement Details
Full, Interior Entry, Unfinished
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Exterior Features
Rain Gutters
Patio/Porch Features
Porch, Deck - Wood
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,146 sq ft
Lot Size Area
0.1400
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
10
Parking Features
Paved Drive, Off Street, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,750
Tax Year
2023
Tax Assessed Value
$743,800
Parcel Number
654841
Zoning
URB

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
One washer & One dryer included in sale in as-is condition. Detached garage is in need of a roof and perhaps some repair.

Location

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Neighborhood

442 Lebanon Street, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Elementary School
Superitendent
Rating information coming soon
Middle School
Mvmms
Rating information coming soon
High School
Melrose High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $646
Homeowners Insurance $200
PMI $0

Property History

Market Insights

3.7%
Price Range
6
Total Days on Market

Property Timeline

Sold
Nov 20, 2023
$830,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Sep 20, 2023
$799,000
Original listing
Agent: Vita Realty Group Office: Compass

Price & Status History

Date Event Price Change
Sep 20, 2023 New Listing Added $799,000

Market Statistics

Days on Market
5 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2023 $7,750 $743,800

Financial Details

Annual Property Tax
$7,750
Tax Year 2023
Assessed Value
$743,800

Listing Information

Listing Agent Vita Realty Group
Listing Office Compass
Agent MLS ID TM336409
Office MLS ID AN6433

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