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Claudia Lavin

I'm Claudia Lavin Rodriguez, a Lexington, MA real estate agent helping first-time buyers, young professionals and families across Greater Boston — from first search to keys.

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Contact

  • 7 Langley Road, Newton, MA, 02459
  • (603) 320-2906
  • claudialavin.re@gmail.com

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Luxury Realty Partners

© 2026 Claudia Lavin. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 46-48 Cleveland St, Melrose, MA 02176
Active
13 Days on market
46-48 Cleveland St Melrose — Photo 1 of 6

46-48 Cleveland St Melrose — Photo 1 of 6

$1,599,000

46-48 Cleveland St, Melrose, MA 02176

Melrose, MA 02176

Beds

8

Baths

4

SqFt

4,590

Style

4 Family

Built

1900

A rare opportunity to acquire a four-family property in a high-demand area, offering unparalleled income potential and long-term value. Situated on one of Melrose's beautiful tree-lined residential streets. Each spacious unit features 2 bedrooms, 1 full bath, hardwood floors throughout, private rear balconies, off street parking and w/d hookups available in 2,255 sq ft basement with updated furnaces, roof and windows.Located just minutes from downtown Melrose with vibrant shops and restaurants, top-rated public schools, scenic hiking trails, and the MBTA/commuter rail, putting Boston just 7 miles away with easy access to routes 1 and 93. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others work for you, this property delivers on every level.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$348/sqft
Local Avg (Melrose)$435/sqft
20% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Melrose, MA.

Property Details

Financials

Original Price$1,599,000
Annual Taxes$10,016

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms18
FireplacesNone
FlooringVinyl, Hardwood
BasementFull, Interior Entry, Concrete, Slab

Climate & Utilities

HeatingForced Air, Natural Gas, Individual, Unit Control
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationBlock
ZoningURA

Property & Lot

Acres0.18
SqFt Lot7,937
Lot FeaturesLevel

Amenities & Appliances

Range • Dishwasher • Microwave • Range Hood

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Population

29,650

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

32.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Melrose, MA market report ZIP 02176 market data
Listing Provided By

Listing Agent: Derek Greene

Listing Office: The Greene Realty Group

MLS® Number: 73558870

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