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$299,999 -$25,001 (-7.69%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 489 Sq. Ft.
  • Updated 7 hours ago
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Welcome to Melrose! This end unit on the 5Th floor offers the perfect blend of convenience, functionality, ideal for first-time buyers, down-sizers, or investors looking to break into this highly sought-after market. The unit is being sold "As Is" Just add your finishing touches .5th floor residents enjoy exclusive access to a common balcony with sweeping views, perfect for relaxing or entertaining.The building offers multiple washers and dryers, extra storage located in the building, and professional management in a pet-friendly community. Commuting is effortless with the Wyoming Hill Commuter Rail just around the corner, a bus stop to Oak Grove (Orange Line) right outside the building, and quick access to Route 93 only minutes away. Step outside and enjoy everything vibrant downtown Melrose has to offer,restaurants, cafés, gyms, boutiques, and Supermarket all within walking distance.

Full Property Details for 340 Main St #508

General

  • Price: $299,999
  • HOA FEE: $377
  • Taxes: $2,584 (2025)
  • Status: Active
  • Type: Condo
  • MLS ID: 73473522
  • Updated: 2/10/2026
  • Added to Site: 8 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bathroom 1: First

Bedrooms

  • Total Bedrooms: 1
  • Primary Bedroom: First

Other Rooms

  • Living Room: First
  • Kitchen: First

Parking

  • Parking Features: Exclusive Parking

Location

  • County: Middlesex

Structural Information

  • Basement: Yes
  • Stories/Levels: 1
  • Square Feet: 489
  • Year Built: 1970

Financial Considerations

  • Association Fee: $377
  • Tax Amount: $2,584
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: property being sold "AS IS"
  • Property ID: 653931

Listed by Century 21 North East, Richard Palladino

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Listing agent

— 340 Main St #508 —

  • Richard Palladino

    Century 21 North East

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 340 Main St #508

School District:Melrose School District
NameGradesDistance
Lincoln Elementary School, Melrose, MA
80 West Wyoming Avenue, Melrose, MA 02176
K-50.2 mi
Hoover Elementary School
37 Glendower Road, Melrose, MA 02176
K-50.9 mi
Winthrop Elementary School
162 1st Street, Melrose, MA 02176
K-50.9 mi
Melrose Middle School
350 Lynn Fells Parkway, Melrose, MA 02176
6-80.8 mi
Melrose High School
360 Lynn Fells Parkway, Melrose, MA 02176
9-120.9 mi
Early Childhood Center, Melrose, MA
16 Franklin Street, Melrose, MA 02176
PK-1 mi
Roosevelt Elementary School
253 Vinton Street, Melrose, MA 02176
K-51 mi
Horace Mann Elementary School, Melrose, MA
40 Damon Avenue, Melrose, MA 02176
K-51.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 340 Main St #508 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/10/2026
Price Reduced
$299,999
-7.69%
MLS
2/02/2026
Listed
$325,000
—
MLS
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 340 Main St #508

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,584
8%
$261,000
9%
2024
$2,384
-2%
$240,100
3%
2023
$2,432
5%
$233,400
7%
2022
$2,310
2%
$218,500
5%
2021
$2,273
-6%
$207,600
-5%
2020
$2,419
9%
$218,900
7%
2019
$2,220
19%
$205,400
24%
2018
$1,869
—
$165,000
4%
2017
$1,877
15%
$159,100
20%
2016
$1,637
10%
$132,800
15%
2015
$1,492
1%
$115,100
3%
2014
$1,479
—
$111,400
-2%
2013
$1,480
—
$113,600
—
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.

Estimate the Cost for 340 Main St #508

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Century 21 North East, Richard Palladino

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340 Main Street #508, Melrose, MA 02176 (MLS# 73473522) is a Condo property with 1 bedroom and 1 full bathroom. 340 Main Street #508 is currently listed for $299,999 and was received on February 02, 2026. Want to learn more about 340 Main Street #508? Do you have questions about finding other Condo 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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