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$1,499,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 1 Unit
  • 0.23 Acres
  • 1 Car Garage
  • Updated 7 hours ago
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Prime development opportunity at 174 Green Street in Melrose. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, this versatile site offers a high-yield footprint for a high-density residential build featuring a street-level retail component. Flexible BA1 zoning provides a clear pathway to maximize residential square footage while capturing ground-floor commercial value. The existing ~7,000 sq. ft. structure offers immediate utility or short-term cash flow while navigating entitlements. Unbeatable transit-oriented location moments from the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose guarantees strong demand for future residential units and retail tenants alike. Capitalize on a rare, scalable parcel in a premier suburban market. Buyers and their agents to perform all due diligence regarding zoning, permitting, density, and specific allowable uses.

Full Property Details for 174 Green St

General

  • Price: $1,499,000
  • Taxes: $18,408 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: MLSPin
  • MLS ID: 73556751
  • Updated: 7/29/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 1

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Half Bathrooms: 3
  • Main - 1/2 Baths: 3

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1

Location

  • County: Middlesex
  • Driving Directions: Green Street Melrose

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Stories/Levels: 2
  • Square Feet: 7,000
  • Sq. Ft. Source: Other
  • Year Built: 9999

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Dimensions: .23
  • Lot Features: Other

Financial Considerations

  • Price Per Sq. Ft.: $214.14
  • Tax Amount: $18,408
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: Buyers and their agents to perform all due diligence regarding zoning, permitting, and specific uses.
  • Property ID: M:D11 P:000064A, 659456
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 174 Green St —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 174 Green St

School District:Melrose School District
NameGradesDistance
Early Childhood Center, Melrose, MA
16 Franklin Street, Melrose, MA 02176
PK-0.1 mi
Horace Mann Elementary School, Melrose, MA
40 Damon Avenue, Melrose, MA 02176
K-50.3 mi
Roosevelt Elementary School
253 Vinton Street, Melrose, MA 02176
K-50.6 mi
Melrose Middle School
350 Lynn Fells Parkway, Melrose, MA 02176
6-80.5 mi
Melrose High School
360 Lynn Fells Parkway, Melrose, MA 02176
9-120.4 mi
Winthrop Elementary School
162 1st Street, Melrose, MA 02176
K-50.7 mi
Lincoln Elementary School, Melrose, MA
80 West Wyoming Avenue, Melrose, MA 02176
K-51.1 mi
Hoover Elementary School
37 Glendower Road, Melrose, MA 02176
K-51.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 174 Green St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/29/2026
Listed
$1,499,000
193.92%
MLS
10/01/2002
Sold
$510,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 174 Green St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$157
-99%
$883,100
5%
2024
$14,912
5%
$842,000
7%
2023
$14,231
9%
$785,400
8%
2022
$13,054
1%
$724,000
4%
2021
$12,960
1%
$693,400
—
2020
$12,848
6%
$691,500
8%
2019
$12,095
—
$643,000
3%
2018
$12,073
8%
$623,600
3%
2017
$11,183
—
$603,200
1%
2016
$11,176
2%
$595,100
3%
2015
$10,958
2%
$579,800
—
2014
$10,732
8%
$579,800
16%
2013
$9,914
—
$498,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced near 174 Green St

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10 Rafferty Rd, Stoneham, MA 02180 - Photo 1 Price Reduced
-$74,900 (-7.89%)
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Recent Sales near 174 Green St

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    Sq. Ft.
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174 Green St, Melrose, MA 02176 (MLS# 73556751) is a Multi-Family property with 1 unit containing 0 bedrooms, 0 full bathrooms and 3 partial bathrooms. 174 Green St is currently listed for $1,499,000 and was received on July 29, 2026. This property is listed by Lento and Rivkind Real Estate Team from our Boston-Back Bay Office.Want to learn more about 174 Green St? Do you have questions about finding other Multi-Family real estate for sale in Melrose? You can browse all Melrose real estate or contact a Coldwell Banker agent to request more information.

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