
38 & 40 Hurd St Melrose — Photo 1 of 26
Recent Drop: $100,000
$1,295,000
38 & 40 Hurd St, Melrose, MA 02176
Melrose, MA 02176
Beds
9
Baths
4
SqFt
3,519
Style
4 Family
Built
1900
Giant 4 Unit in the heart of Melrose! Well-maintained property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods
Immersive Experience
Market Value Analysis
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Melrose, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Property History
$1,295,000
Was $1,350,000
Aug 21, 2026
MLS® 73552211
$1,350,000
Was $1,395,000
Jul 29, 2026
MLS® 73552211
$1,395,000
Jul 20, 2026
MLS® 73552211
$1,450,000
Jul 9, 2025
MLS® 73358885
$1,450,000
Apr 16, 2025
MLS® 73358885
Population
29,650
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$134K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
32.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Jonathan Mathews
Listing Office: Keller Williams Realty Boston-Metro | Back Bay
MLS® Number: 73552211
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