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
12 Mount Vernon St #25 Melrose, MA Rare to market in Mount Vernon Condominiums in one of the hottest zip codes. Large open fl...	2 beds \| 2 baths \| 1,120 sq.ft.	$649,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.28% Airbnb Rental Income: $1354 Traditional Rental Income: $2884 Airbnb ROI: -0.93% Traditional ROI: 2.28%
65 Beacon St Melrose, MA ATTENTION CONTRACTORS & HANDYPERSONS: Your next project awaits! Superb location for proper...	4 beds \| 3 baths \| 3,670 sq.ft.	$789,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 4.11% Airbnb Rental Income: $2087 Traditional Rental Income: $4397 Airbnb ROI: 0.24% Traditional ROI: 4.11%
22 Mount Zion Rd Melrose, MA 22 Mt. Zion Rd, Melrose, MA 02176 \| Single Family Residential	5 beds \| 4 baths \| 5,350 sq.ft.	$2,249,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 0.96% Airbnb Rental Income: $2798 Traditional Rental Income: $6732 Airbnb ROI: -1.24% Traditional ROI: 0.96%
31 Temple St Melrose, MA 31 Temple St, Melrose, MA 02176 \| Single Family Residential	5 beds \| 3 baths \| 3,349 sq.ft.	$1,695,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.3% Airbnb Rental Income: $null Traditional Rental Income: $5633 Airbnb ROI: N/A Traditional ROI: 1.3%
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: -1.65% Traditional cash on cash: 0.93% Airbnb Rental Income: $1335 Traditional Rental Income: $2656 Airbnb ROI: -1.65% 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: -1.74% Traditional cash on cash: 0.63% Airbnb Rental Income: $1335 Traditional Rental Income: $2643 Airbnb ROI: -1.74% Traditional ROI: 0.63%
51 Melrose St #4D Melrose, MA 51 Melrose St #4D, Melrose, MA 02176 \| Condo/Coop	2 beds \| 2 baths \| 1,230 sq.ft.	$579,000	Airbnb cash on cash: -1.63% Traditional cash on cash: 1.67% Airbnb Rental Income: $1549 Traditional Rental Income: $2886 Airbnb ROI: -1.63% Traditional ROI: 1.67%
24 Mount Zion Rd Melrose, MA 24 Mt Zion Rd, Melrose, MA 02176 \| Single Family Residential	5 beds \| 4 baths \| 5,350 sq.ft.	$2,299,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 0.43% Airbnb Rental Income: $2798 Traditional Rental Income: $5745 Airbnb ROI: -1.26% Traditional ROI: 0.43%
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: -1.58% Traditional cash on cash: 1.66% Airbnb Rental Income: $1266 Traditional Rental Income: $2081 Airbnb ROI: -1.58% Traditional ROI: 1.66%
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: -1.81% Traditional cash on cash: -1.17% Airbnb Rental Income: $1033 Traditional Rental Income: $1558 Airbnb ROI: -1.81% 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 \| 2 baths \| 1,576 sq.ft.	$879,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 2.31% Airbnb Rental Income: $1912 Traditional Rental Income: $3475 Airbnb ROI: -0.22% Traditional ROI: 2.31%
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.	$999,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 1.58% Airbnb Rental Income: $1549 Traditional Rental Income: $3627 Airbnb ROI: -1.14% Traditional ROI: 1.58%
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: -1.39% Traditional cash on cash: 2.16% Airbnb Rental Income: $1024 Traditional Rental Income: $1925 Airbnb ROI: -1.39% Traditional ROI: 2.16%
180 Green St #101 Melrose, MA Bright & spacious 2-bedroom, 2-bath corner end unit, south facing condo at desirable Frank...	2 beds \| 2 baths \| 957 sq.ft.	$525,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 2.14% Airbnb Rental Income: $1468 Traditional Rental Income: $2612 Airbnb ROI: -1.08% Traditional ROI: 2.14%
128 Green St #128 Melrose, MA Don't miss this opportunity to live in an updated townhome-style duplex featuring light-fi...	4 beds \| 3 baths \| 1,895 sq.ft.	$849,900	Airbnb cash on cash: 2.15% Traditional cash on cash: 3.17% Airbnb Rental Income: $4047 Traditional Rental Income: $3994 Airbnb ROI: 2.15% Traditional ROI: 3.17%
16 Hillside Park Melrose, MA 16 Hillside Park, Melrose, MA 02176 \| Single Family Residential	5 beds \| 3 baths \| 3,741 sq.ft.	$1,698,998	Airbnb cash on cash: N/A Traditional cash on cash: 0.78% Airbnb Rental Income: $null Traditional Rental Income: $4830 Airbnb ROI: N/A Traditional ROI: 0.78%
228 Upham St Melrose, MA 228 Upham St, Melrose, MA 02176 \| Single Family Residential	7 beds \| 4 baths \| 6,639 sq.ft.	$2,199,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.67% Airbnb Rental Income: $null Traditional Rental Income: $6004 Airbnb ROI: N/A Traditional ROI: 0.67%
35 Frances St Melrose, MA 35 Frances St, Melrose, MA 02176 \| Single Family Residential	5 beds \| 2 baths \| 4,000 sq.ft.	$1,775,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 0.16% Airbnb Rental Income: $2798 Traditional Rental Income: $4024 Airbnb ROI: -0.98% Traditional ROI: 0.16%
53 Melrose St #2B Melrose, MA 53 Melrose St #2B, Melrose, MA 02176 \| Condo/Coop	2 beds \| 1 baths \| 1,080 sq.ft.	$440,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 1.6% Airbnb Rental Income: $1549 Traditional Rental Income: $2467 Airbnb ROI: -1.71% Traditional ROI: 1.6%
18 Glendale Ave Melrose, MA 18 Glendale Ave, Melrose, MA 02176 \| Single Family Residential	4 beds \| 2 baths \| 2,302 sq.ft.	$889,900	Airbnb cash on cash: 1.51% Traditional cash on cash: 2.11% Airbnb Rental Income: $4047 Traditional Rental Income: $3685 Airbnb ROI: 1.51% Traditional ROI: 2.11%
26 Garfield Rd Melrose, MA 26 Garfield Rd, Melrose, MA 02176 \| Single Family Residential	4 beds \| 3 baths \| 3,600 sq.ft.	$1,089,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 2.36% Airbnb Rental Income: $2087 Traditional Rental Income: $4737 Airbnb ROI: -0.78% Traditional ROI: 2.36%
266 Melrose St Melrose, MA 266 Melrose St, Melrose, MA 02176 \| Single Family Residential	3 beds \| 1 baths \| 1,583 sq.ft.	$1,100,000	Airbnb cash on cash: -1.26% Traditional cash on cash: 0.52% Airbnb Rental Income: $1519 Traditional Rental Income: $2896 Airbnb ROI: -1.26% Traditional ROI: 0.52%
75 School St Melrose, MA 75 School St, Melrose, MA 02176 \| Single Family Residential	3 beds \| 2 baths \| 2,346 sq.ft.	$1,199,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 0.75% Airbnb Rental Income: $1756 Traditional Rental Income: $3410 Airbnb ROI: -1.16% Traditional ROI: 0.75%
56 Orchard Ln Melrose, MA 56 Orchard Ln, Melrose, MA 02176 \| Single Family Residential	3 beds \| 1 baths \| 2,342 sq.ft.	$992,500	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.63% Airbnb Rental Income: $1804 Traditional Rental Income: $2724 Airbnb ROI: -0.9% Traditional ROI: 0.63%
115 Ellis Farm Ln Melrose, MA 115 Ellis Farm Ln, Melrose, MA 02176 \| Single Family Residential	4 beds \| 3 baths \| 3,248 sq.ft.	$1,175,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.04% Airbnb Rental Income: $4047 Traditional Rental Income: $4755 Airbnb ROI: 0.61% Traditional ROI: 2.04%
387 Upham St Melrose, MA 387 Upham St, Melrose, MA 02176 \| Single Family Residential	4 beds \| 2 baths \| 1,921 sq.ft.	$875,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.18% Airbnb Rental Income: $2087 Traditional Rental Income: $3681 Airbnb ROI: -0.43% Traditional ROI: 2.18%
11 North Ave Melrose, MA 11 North Ave, Melrose, MA 02176 \| Single Family Residential	4 beds \| 1 baths \| 1,708 sq.ft.	$899,900	Airbnb cash on cash: 1.23% Traditional cash on cash: 1.5% Airbnb Rental Income: $3805 Traditional Rental Income: $3210 Airbnb ROI: 1.23% Traditional ROI: 1.5%
1078 Main St Melrose, MA 1078 Main St, Melrose, MA 02176 \| Single Family Residential	3 beds \| 1 baths \| 1,737 sq.ft.	$989,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.75% Airbnb Rental Income: $1804 Traditional Rental Income: $2828 Airbnb ROI: -0.9% Traditional ROI: 0.75%
19 Lebanon Melrose, MA 19 Lebanon, Melrose, MA 02176 \| Single Family Residential	3 beds \| 1 baths \| 1,940 sq.ft.	$880,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.94% Airbnb Rental Income: $1669 Traditional Rental Income: $2685 Airbnb ROI: -0.87% Traditional ROI: 0.94%

Real Estate investment in Melrose, MA

There are 37 properties for sale in the city of Melrose . The median list price in Melrose is $899,900 and the average price per square foot is $381. In May 2026, the average monthly cash on cash return in Melrose is 2.00%. The average monthly rental income in Melrose is $3,246.

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

There are 37 investment properties available for sale in Melrose.

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

The ROI for Long-Term is higher than the Short-Term in Melrose with average rental income of $3,246.

Your search for investment property begins and ends here

Investment Property for Sale in Melrose, MA

12 Mount Vernon St #25

Melrose, MA

2 beds | 2 baths | 1,120 sq.ft.

$649,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1354

Traditional Rental Income: $2884

Airbnb ROI: -0.93%

Traditional ROI: 2.28%

65 Beacon St

Melrose, MA

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

$789,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 4.11%

Airbnb Rental Income: $2087

Traditional Rental Income: $4397

Airbnb ROI: 0.24%

Traditional ROI: 4.11%

22 Mount Zion Rd

Melrose, MA

5 beds | 4 baths | 5,350 sq.ft.

$2,249,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 0.96%

Airbnb Rental Income: $2798

Traditional Rental Income: $6732

Airbnb ROI: -1.24%

Traditional ROI: 0.96%

31 Temple St

Melrose, MA

5 beds | 3 baths | 3,349 sq.ft.

$1,695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.3%

Airbnb Rental Income: $null

Traditional Rental Income: $5633

Airbnb ROI: N/A

Traditional ROI: 1.3%

8 Crystal St #2

Melrose, MA

2 beds | 2 baths | 955 sq.ft.

$719,900

Airbnb cash on cash: -1.65%

Traditional cash on cash: 0.93%

Airbnb Rental Income: $1335

Traditional Rental Income: $2656

Airbnb ROI: -1.65%

Traditional ROI: 0.93%

8 Crystal St #3

Melrose, MA

2 beds | 2 baths | 930 sq.ft.

$779,900

Airbnb cash on cash: -1.74%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $1335

Traditional Rental Income: $2643

Airbnb ROI: -1.74%

Traditional ROI: 0.63%

51 Melrose St #4D

Melrose, MA

2 beds | 2 baths | 1,230 sq.ft.

$579,000

Airbnb cash on cash: -1.63%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $1549

Traditional Rental Income: $2886

Airbnb ROI: -1.63%

Traditional ROI: 1.67%

24 Mount Zion Rd

Melrose, MA

5 beds | 4 baths | 5,350 sq.ft.

$2,299,000

Airbnb cash on cash: -1.26%

Traditional cash on cash: 0.43%

Airbnb Rental Income: $2798

Traditional Rental Income: $5745

Airbnb ROI: -1.26%