Offered at $975,000Pending

beds: 6
baths: 2
sq ft: 2,630
Built: 1896

9 Elm St

About this home

is pleased to present this two-family investment property located at 9 Elm Street in Melrose, MA. The three-story building contains two (2) 3-Bedroom/1-Bathroom units with 2,630 square feet of gross living area in 5,544 square feet of gross area. Both units offer in-unit laundry and porches. Additional value-add opportunities can be leveraged for an investor or savvy owner-occupant. The Property is situated upon a 0.134-acre corner parcel and features two (2) off-street parking spaces. 9 Elm Street is well-positioned in downtown Melrose, offering strong access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods.

Listing last checked: October 14, 2026 at 6:53 PM EDTListing updated: September 15, 2026 at 3:30 AM EDT

Listed by Kelleher Pentore Team · Horvath & Tremblay · MLS #73539478

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Details at a glance

Interior3 property facts

Rooms: 15
Flooring: Wood
Basement: Yes · Unfinished

Building5 property facts

Style: 2 Family - 2 Units Up/Down
Year built: 1896
Parking: 2
Foundation: Stone
Roof: Shingle

Land & utilities5 property facts

Lot size: 0.13 acres
Water: Public
Sewer: Public Sewer
Pool: Not reported
Zoning: URA

Financial2 property facts

Annual taxes: $7,949
Assessment year: 2025

Location

Estimated monthly cost

Explore costs at the $975,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$5,593 / monthAdjust

Down payment (%)Interest rate (%)Loan termMonthly property tax ($)Monthly insurance ($)Monthly HOA ($)

Principal & interest: $4,930
Property tax: $662
Insurance: Not entered
HOA: Not entered

Listing annual taxes: $7,949. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $1,066,429

Estimated range $967,113–$1,165,745.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 9 Elm St

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Request a tour of 9 Elm St and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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