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340 Main St # 206, Melrose MA 02176

Melrose, MA 02176
$1,750/mo
1
Baths
294
Sq Ft
0
Lot Sq Ft
1970
Year Built
1
Parking
16
Days on Market
Closed Listed May 12, 2026 • MLS# 73516531 Copied! • Updated May 29, 2026

Sale Statistics

Sale Overview
Original List Price: $1,850
Final Sale Price: $1,750
Difference: $100 (-5.4%)
Performance Metrics
94.6%
List to Sale Ratio
Sold below asking price
16
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $6
Sale $/sq ft: $6
This property sold for $6 per square foot
Sale Summary

This property sold for 5.4% below the original asking price.

With only 16 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$6/sq ft
Area Average
$340/sq ft
Difference
98.2%

This property sold below the area average, potentially representing good value for the buyer.

About this home

Newly renovated studio condo available for immediate move-in in the heart of downtown Melrose! This bright and freshly painted unit features a brand-new kitchen with stainless steel appliances, new cabinetry, elegant gold hardware, and a renovated bathroom with new vanity, countertop and fixtures. The unit offers great natural light, one assigned parking space, additional storage in the basement, and laundry facilities conveniently located on the 4th floor.Located at 340 Main Street, you’ll be steps from restaurants, shopping, the YMCA, public transportation, and commuter rail access into Boston. Easy access to the MBTA Orange Line and nearby bus routes makes commuting simple. The building also features updated common areas, a renovated front entryway, intercom entry, and secure building access. A fantastic opportunity to enjoy affordable downtown living in a prime Melrose location! First month, last month and $1500 security deposit required to move in.

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Property History

Market Insights

1
Price Changes
98.9%
Price Range
1
Previous Sales

Property Timeline

Price Reduced
May 22, 2026
$1,750 $100 (-5.41%)
From $1,850 to $1,750 (-5.4%)
🏠
Listed for Sale
May 12, 2026
$1,850
Original listing
Agent: Anna Mean Office: AC Realty
Previous Transaction - MLS #73474632
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 27, 2026
$165,800
MLS #73474632

Tax History

Year Taxes Assessment
Tax history not available

Facts & Features

Home Facts

Type Residential Lease
Style Condominium
Year Built 1970
Living Area 294 sq ft
Lot Size 0.00
Full Baths 1
Total Rooms 2

Rental Details

Available Available Now
Lease Term Term of Rental(12)
Rent Includes Hot Water, Water, Sewer, Trash Collection, Snow Removal, Extra Storage, Parking
Security Deposit $1,500
Required First MonthLast MonthDepositReferences
Pets Yes w/ Restrictions
Pet Policy Dogs OKCats OKRestrictions Apply
Heating Electric Baseboard
Cooling None
Flooring None
Appliances Range, Microwave, Refrigerator
Fireplace None
Basement None
Laundry In Building
Features None
Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 1

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Building & Pet Policy

HOA Yes
Fee Includes None
Amenities None
Optional Fee Includes None
Possession None
Accepted Financing None
Structure Type []
Unit/Building 206
Sq Ft Source Field Card
Documents None
County Middlesex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
Condominium
Listing Type
For Rent
Year Built
1970
Full Bathrooms
1
Living Area
294 sq ft
Total Rooms
2
Entry Level
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Countertops - Stone/Granite/Solid
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Range, Microwave, Refrigerator
Interior Features:
Windows:
Basement:
Laundry: In Building
Security:

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features:
School District
Melrose School District local
A
School Safety 2024-25
0.6% Low
0.4% Suspensions 0.4% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

3 schools
St. Mary Elementary School
< 0.1 mi
Grades PK-08
A
Lincoln School
0.2 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A
Winthrop School
0.9 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A-
Melrose Middle School
0.9 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
C+
Saugus Middle School
2.4 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.8 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
A-
Stoneham High School
1.8 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
Malden Catholic High School
2.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

Location

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Neighborhood

340 Main St # 206, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Anna Mean
Listing Office AC Realty
Office Phone 781-591-2256
Agent MLS ID CT006429
Office MLS ID AN1647
Listing Data Updated May 29, 2026 6:09 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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