$1,199,000
About this home
Rare opportunity to own a well-maintained 3-family home in Melrose’s desirable East Side/Mt. Hood neighborhood! Offering exceptional versatility and investment potential, this property is ideal for investors, owner-occupants, landlords, and multi-generational living alike. Potential exists to easily combine the 2nd and 3rd floor units for expanded owner living space while maintaining rental income. Units 1 and 2 feature sun-filled living and dining areas, spacious rooms, and functional layouts ideal for everyday living and entertaining. Unit 3 was fully renovated in 2018 and offers hardwood floors throughout, central A/C, and exterior deck access overlooking the tree-lined neighborhood. Fantastic location less than 1 mile to downtown Melrose, commuter rail, restaurants, and shopping. Generous yard perfect for summer gatherings with ample parking and storage to complete this exceptional opportunity! Come see for yourself!
Property details
- MLS #
- 73525746
- Property type
- 3 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- N/A
- On market date
- N/A
- Stories
- 3
- Garage spaces
- N/A
- Lot size
- 0.17 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 398
- Student:teacher ratio
- 16.6:1
- District
- Melrose
- Enrollment
- 844
- Student:teacher ratio
- 14.3:1
- District
- Melrose
- Enrollment
- 923
- Student:teacher ratio
- 13.4:1
- District
- Melrose
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 26, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.