Real Estate Investment Properties for Sale in Melrose, MA

Looking for investment property in Melrose, MA with high ROI ?

Explore a variety of short-term homes & houses in Melrose, MA. Invest wisely with VRBO & Melrose, MA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Melrose, MA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
65 Beacon St Melrose, MA ATTENTION CONTRACTORS & HANDYPERSONS: Your next project awaits! Superb location for proper...	4 beds \| 2 baths \| 3,670 sq.ft.	$789,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 4.11% Airbnb Rental Income: $5674 Traditional Rental Income: $4397 Airbnb ROI: 4.3% Traditional ROI: 4.11%
51 Melrose St #1C Melrose, MA 51 Melrose St #1C, Melrose, MA 02176 \| Condo/Coop	1 beds \| 1 baths \| 909 sq.ft.	$424,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.67% Airbnb Rental Income: $1686 Traditional Rental Income: $2112 Airbnb ROI: -0.58% Traditional ROI: 1.67%
8 Crystal St #2 Melrose, MA 8 Crystal St #2, Melrose, MA 02176 \| Townhouse	2 beds \| 2 baths \| 955 sq.ft.	$719,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 0.93% Airbnb Rental Income: $1456 Traditional Rental Income: $2656 Airbnb ROI: -1.5% Traditional ROI: 0.93%
8 Crystal St #3 Melrose, MA 8 Crystal St #3, Melrose, MA 02176 \| Townhouse	2 beds \| 2 baths \| 930 sq.ft.	$779,900	Airbnb cash on cash: -1.6% Traditional cash on cash: 0.63% Airbnb Rental Income: $1456 Traditional Rental Income: $2643 Airbnb ROI: -1.6% Traditional ROI: 0.63%
601 Franklin St #2 Melrose, MA 601 Franklin St #2, Melrose, MA 02176 \| Condo/Coop	3 beds \| 1 baths \| 1,330 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.78% Airbnb Rental Income: $null Traditional Rental Income: $2800 Airbnb ROI: N/A Traditional ROI: 1.78%
340 Main St. unit: 206 Melrose, MA Perfect starter and investment opportunity in Downtown Melrose! Ideal commuter location 1 ...	1 beds \| 1 baths \| 294 sq.ft.	$199,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.98% Airbnb Rental Income: $1380 Traditional Rental Income: $1778 Airbnb ROI: 0.68% Traditional ROI: 4.98%
51 Melrose St #1A Melrose, MA 51 Melrose St #1A, Melrose, MA 02176 \| Condo/Coop	1 beds \| 1 baths \| 818 sq.ft.	$400,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 1.66% Airbnb Rental Income: $1686 Traditional Rental Income: $2081 Airbnb ROI: -0.65% Traditional ROI: 1.66%
60 Frankin St #60 Melrose, MA 60 Frankin St #60, Melrose, MA 02176 \| Townhouse	2 beds \| 1 baths \| 900 sq.ft.	$599,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.55% Airbnb Rental Income: $2210 Traditional Rental Income: $2592 Airbnb ROI: -0.13% Traditional ROI: 1.55%
71-73 Grove St Melrose, MA 71-73 Grove St, Melrose, MA 02176 \| Other	N/A beds \| N/A baths \| N/A	$1,499,000	Airbnb cash on cash: -1.8% Traditional cash on cash: -1.17% Airbnb Rental Income: $1045 Traditional Rental Income: $1558 Airbnb ROI: -1.8% Traditional ROI: -1.17%
15 Cass St Melrose, MA Look no more - it's all here! A coveted location, 4 car parking, 3 levels of versatile liv...	3 beds \| 1 baths \| 1,576 sq.ft.	$919,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.17% Airbnb Rental Income: $1917 Traditional Rental Income: $3475 Airbnb ROI: -0.25% Traditional ROI: 2.17%
34-36 West Highland Ave Melrose, MA 34-36 West Highland Ave, Melrose, MA 02176 \| Multi Family	5 beds \| 2 baths \| 1,951 sq.ft.	$1,050,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.4% Airbnb Rental Income: $null Traditional Rental Income: $3627 Airbnb ROI: N/A Traditional ROI: 1.4%
534 Main St #11 Melrose, MA 534 Main St #11, Melrose, MA 02176 \| Condo/Coop	1 beds \| 1 baths \| 543 sq.ft.	$379,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 3.62% Airbnb Rental Income: $1301 Traditional Rental Income: $2443 Airbnb ROI: -0.74% Traditional ROI: 3.62%
104 Cottage St Melrose, MA 104 Cottage St, Melrose, MA 02176 \| Single Family Residential	4 beds \| 2 baths \| 2,020 sq.ft.	$1,299,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 0.72% Airbnb Rental Income: $3403 Traditional Rental Income: $3646 Airbnb ROI: -0.11% Traditional ROI: 0.72%
340 Main St #311 Melrose, MA 340 Main St #311, Melrose, MA 02176 \| Condo/Coop	1 beds \| 1 baths \| 437 sq.ft.	$260,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.26% Airbnb Rental Income: $1380 Traditional Rental Income: $1814 Airbnb ROI: -0.22% Traditional ROI: 3.26%
62 Cottage St Melrose, MA 62 Cottage St, Melrose, MA 02176 \| Single Family Residential	3 beds \| 2 baths \| 1,797 sq.ft.	$895,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.68% Airbnb Rental Income: $1940 Traditional Rental Income: $3345 Airbnb ROI: -0.62% Traditional ROI: 1.68%
22 E Emerson St Melrose, MA 22 E Emerson St, Melrose, MA 02176 \| Multi Family	7 beds \| 3 baths \| 3,530 sq.ft.	$1,199,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.76% Airbnb Rental Income: $null Traditional Rental Income: $4532 Airbnb ROI: N/A Traditional ROI: 1.76%
37 Clinton Rd Melrose, MA 37 Clinton Rd, Melrose, MA 02176 \| Single Family Residential	3 beds \| 1 baths \| 2,007 sq.ft.	$849,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 1.76% Airbnb Rental Income: $1940 Traditional Rental Income: $3249 Airbnb ROI: -0.54% Traditional ROI: 1.76%

Real Estate investment in Melrose, MA

There are 28 properties for sale in the city of Melrose . The median list price in Melrose is $599,000 and the average price per square foot is $470. In March 2026, the average monthly cash on cash return in Melrose is 2.00%. The average monthly rental income in Melrose is $2,813.

Melrose, MA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 28 investment properties available for sale in Melrose.

In 2026, the best neighborhood to buy investment property is East Side.

The ROI for Short-Term is higher than the Long-Term in Melrose with average rental income of $1,747.

Your search for investment property begins and ends here

Investment Property for Sale in Melrose, MA

65 Beacon St

Melrose, MA

4 beds | 2 baths | 3,670 sq.ft.

$789,000

Airbnb cash on cash: 4.3%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $5674

Traditional Rental Income: $4397

Airbnb ROI: 4.3%

Traditional ROI: 4.11%

51 Melrose St #1C

Melrose, MA

1 beds | 1 baths | 909 sq.ft.

$424,900

Airbnb cash on cash: -0.58%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1686

Traditional Rental Income: $2112

Airbnb ROI: -0.58%

Traditional ROI: 1.67%

8 Crystal St #2

Melrose, MA

2 beds | 2 baths | 955 sq.ft.

$719,900

Airbnb cash on cash: -1.5%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $1456

Traditional Rental Income: $2656

Airbnb ROI: -1.5%

Traditional ROI: 0.93%

8 Crystal St #3

Melrose, MA

2 beds | 2 baths | 930 sq.ft.

$779,900

Airbnb cash on cash: -1.6%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $1456

Traditional Rental Income: $2643

Airbnb ROI: -1.6%

Traditional ROI: 0.63%

601 Franklin St #2

Melrose, MA

3 beds | 1 baths | 1,330 sq.ft.

$499,900

Airbnb cash on cash: N/A

Traditional cash on cash: 1.78%

Airbnb Rental Income: $null

Traditional Rental Income: $2800

Airbnb ROI: N/A

Traditional ROI: 1.78%

340 Main St. unit: 206

Melrose, MA

1 beds | 1 baths | 294 sq.ft.

$199,900

Airbnb cash on cash: 0.68%

Traditional cash on cash: 4.98%

Airbnb Rental Income: $1380

Traditional Rental Income: $1778

Airbnb ROI: 0.68%

Traditional ROI: 4.98%

51 Melrose St #1A

Melrose, MA

1 beds | 1 baths | 818 sq.ft.

$400,000

Airbnb cash on cash: -0.65%

Traditional cash on cash: 1.66%

Airbnb Rental Income: $1686

Traditional Rental Income: $2081

Airbnb ROI: -0.65%

Traditional ROI: 1.66%

60 Frankin St #60

Melrose, MA

2 beds | 1 baths | 900 sq.ft.

$599,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $2210

Traditional Rental Income: $2592

Airbnb ROI: -0.13%