64 Cleveland St, Melrose MA 02176

Melrose, MA 02176
$1,000,000
$949,900
Est. $5,711/month
3
Beds
3
Baths
2,276
Sq Ft
$417
Price/Sq Ft
0.14
Acres
1900
Year Built
4
Parking
11
Days on Market
Active Price Drop -$50,100 Listed Jul 19, 2026 • MLS# 73549691 Copied! • Updated Jul 30, 2026

About this home

This is a beautiful standard two family up/Down with a finished walk up attic. Both unit kitchens are fully applianced, separate entries from common entry ways. You have 4 side by side parking spots. Two private fenced in outdoor sitting areas, a Reeds Ferry Shed, Cedar Impressions Vinyl Siding, Composite/vinyl porch, stairways in the back and granite stairway in front, Separate utilities, for heat & hot water, and two separate W/D set ups the basement. First floor kitchen is radiant heated, walk up attic has a HVAC unit, sprinkler system, and you are a short walk to the commuter rail to Boston and bus service to Oak Grove train station, Easy access to route 93 both North and South, Orange line is approximately 1 mile away. Melrose offers many restaurants and shopping opportunities, public Library, Hospital, Ell Pond, two supermarkets (Shaw's & Whole Foods), public tennis courts, parks, swimming pool, and both Public & Private schools. A great community with Victorian flair, etc.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
5%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Jul 30, 2026
New showing requirements
Price Reduced
Jul 30, 2026
$949,900 $50,100 (-5.01%)
From $1,000,000 to $949,900 (-5.0%)
👁️
Showing Instructions Updated
Jul 25, 2026
New showing requirements
👁️
Showing Instructions Updated
Jul 19, 2026
New showing requirements
🏠
Listed for Sale
Jul 19, 2026
$1,000,000
Original listing
Agent: Alexander Zedros Office: Harbor View Real Estate Corp.

Tax History

Year Taxes Assessment
2025 $8,499 $858,500

Financial Details

Annual Property Tax
$8,499
Tax Year 2025
Assessed Value
$858,500

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 2,276 sq ft
Lot Size 0.14 acres
Bedrooms 3
Full Baths 3
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent $2,090/mo · N
Unit 2 Rent $2,450/mo · N
Total Monthly Rent $4,540/mo
Gross Income $25,080
Net Operating Income $25,080
Cap Rate 2.64%
Heating Natural Gas, Baseboard, Individual, Unit Control, Radiant
Cooling Window Unit(s)
Flooring Wood, Tile, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Concrete
Laundry None
Features Storage, Mudroom, Ceiling Fan(s), Walk-in Closet(s), Bathroom With Tub & Shower, Walk-up Attic, Living Room, Dining Room, Kitchen, Sunroom, Office/den
Construction Frame
Architecture None
Roof Shingle, Rubber
Features Rain Gutters, Sprinkler System, Garden
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck - Composite, Patio
Features Off Street, Paved
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, Varies Per Unit

Financial

Annual Tax $8,499
Assessed Value $858,500
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Unit 2 Is Vacant, Other Unit Is A Taw.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 11 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
3
Living Area
2,276 sq ft
Total Rooms
11
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Storage, Mudroom, Ceiling Fan(s), Walk-In Closet(s), Bathroom With Tub & Shower, Walk-Up Attic, Living Room, Dining Room, Kitchen, Sunroom, Office/Den
Windows: Insulated Windows, Screens
Basement: Full, Walk-Out Access, Interior Entry, Concrete
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas, Baseboard, Individual, Unit Control, Radiant
Heating Zones: 3
Cooling: Window Unit(s)
Cooling Zones: 1
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Sprinkler System, Garden
Patio & Porch: Porch, Deck - Composite, Patio
Fencing: Fenced
Other Structures: Shed(s)
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street, Paved
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

7 schools
St. Mary Elementary School
0.3 mi
Grades PK-08
A
Lincoln School
0.3 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
Roosevelt School
0.7 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
Early Childhood Center
1.0 mi
246 students Moderate
Grades PK-K
A
Winthrop School
1.1 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
A+
Horace Mann School
1.3 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
1.3 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.7 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment Breakdown

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Property Tax $708
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

64 Cleveland St, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Alexander Zedros
Listing Office Harbor View Real Estate Corp.
Office Phone 781-661-8021
Agent MLS ID B0388163
Office MLS ID AN4059
Listing Data Updated Jul 30, 2026 2:06 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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