381 Washington St

Melrose MA 02176

2950 sq. ft.

11565 sq. ft.

Multi-Family

Last sold for $1,341,000

Susan Gormady Group, last sold this property on 28 May 2026 after 49 days on market.

Overview

Two-family beauty! This home is an exceptional opportunity for owner-occupants, investors, or multigenerational living. The 2-story upper unit lives like a single featuring a light-filled primary suite, large home office or studio, & expansive views. Fully renovated over the past decade, including professional design and modern finishes. Each unit has its own private deck overlooking the landscaped, tree-lined yard as well as access to an enclosed shared front porch. Owned solar panels provide added efficiency & energy savings. Outside, enjoy a rare, large fenced-in yard, 2-car garage & additional rear parking. Close to downtown Melrose, commuter rail, Oak Grove orange line, I-93, & the Middlesex Fells, offering a seamless blend of nature, convenience, & access to Boston. A rare opportunity to own a turnkey multi with both lifestyle appeal & strong investment upside, making this an ideal setup to offset your mortgage or build long-term wealth with confidence.

Features

5 bedrooms

3 bathrooms

8 carspaces

6 open car spaces

2 garage spaces

2950 sq. ft. floor area

11565 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 5 bedroom multi families sold in Melrose over the last 12 months, the estimated median property value of 381 Washington St is $1.1m.

Median value

$1.1m

Estimated value range

$820k - $1.34m

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Melrose. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 381 Washington St

2026

Sold

$1,341,000

28 May 2026 by Susan Gormady Group, of Classified Realty Group

2015

Sold

$485,000

30 Mar 2015 by Eileen Hamblin, of REMAX Leading Edge | Canton

2009

Sold

$355,000

02 Mar 2009 by John Walsh, of JW Real Estate, LLC

Happy sellers in Melrose

We have insufficient information to provide an overview of customer satisfaction for Melrose. Viewing the agent profiles, reviews and sales for Melrose can provide insights for this location.