OFF MARKET

Off Market Aug 2014 for $490K

$1,057,892

•

2,917

sq ft

38-40 Leonard Rd, Melrose, MA 02176

About this home

Standard two family home with lots of features. Front and back porches, hard wood floors throughout, built-in hutches in both units, high ceilings and many ceiling fans throughout. You are steps to downtown Melrose restaurants and shops. Oak Grove "T" station is 1.5 miles from the front door, or jump on the commuter rail to Boston. Routes 93 and 1 are about 5 minutes away. Well maintained property with all separate utilities makes this a great income property. Newer hot water tank, oil tank, and dishwasher installed. Ne roof in 2013. Small back and side yard leaves you with quick summer lawn cuttings but still room for the grills and pets.

Multi-familyProperty Type

1924Year Built

4,216 sq ftLot Size

$363Est. Price/Sq.Ft.

4 spacesParking

Listed by Alexander Zedros • Century 21 Sexton & Donohue

Bought with Ariana Melendez • Arista Realty Group

Redfin checked: a minute ago

•Source:MLS PIN #71663432

Redfin Estimate

$1,057,892

$568K since sold in August 2014$8,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.2% lower than the average sale price ($1.22M) of 6 comparable homes.

SOLD JUL 30, 2026
$1,099,000
A
4 beds2.5 baths2,524 sq ft
51 Gooch St, Melrose, MA 02176
SOLD JUL 15, 2026
$1,175,000
B
4 beds2 baths2,538 sq ft
207-209 Main St, Melrose, MA 02176
SOLD JUL 23, 2026
$1,364,000
C
5 beds2 baths2,123 sq ft
59 Beech Ave, Melrose, MA 02176
SOLD SEP 12, 2025
$940,000
D
5 beds2.5 baths2,800 sq ft
45 Vinton St, Melrose, MA 02176
SOLD BY REDFIN JUL 9, 2026
$1,375,000
E
4 beds2.5 baths2,261 sq ft
63 Florence St, Melrose, MA 02176
SOLD JUL 24, 2026
$1,362,300
F
4 beds2.5 baths2,505 sq ft
79 Baxter St, Melrose, MA 02176

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Earn from this home

Sell

$719,463

Est. take-home

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Market trends in 02176, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

107.0%

1.3% MoM

Median sale price

$980K

$30K MoM

Avg. days on market

15d

0 days MoM

Recently sold homes

101

24 MoM

New listings for sale

OPEN THU, 10:30AM TO 12PM
$949,900
3 beds2.5 baths1,562 sq ft
354 Upham St #9, Melrose, MA 02176
NEW 14 HRS AGO
$599,000
2 beds2 baths905 sq ft
112 Porter St #5, Melrose, MA 02176
EARLY ACCESS
Unknown
3 beds4 baths2,483 sq ft
14 Blueberry Hill Ln #14, Melrose, MA 02176
$589,900
2 beds2 baths1,236 sq ft
51 Melrose St Unit 5F, Melrose, MA 02176
$669,900
4 beds2.5 baths1,254 sq ft
73 Dell Ave #73, Melrose, MA 02176
LISTED BY REDFIN
$720,000
4 beds1 bath1,344 sq ft
244 Beech Ave, Melrose, MA 02176
$1,050,000
5 beds2 baths2,181 sq ft
52 Elliott St, Melrose, MA 02176
See all

Provided by Redfin

Sale history for 38-40 Leonard Rd

Public record

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Middlesex County

APN

M:0D7 P:0000041,654770

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 25, 2025.

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved

Interior

Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Half): 1

Basement Information
Basement: Full, Concrete

Interior Features
# of Rooms (Total): 12
Window Features: Insulated Windows, Screens
Flooring: Wood, Tile, Hardwood, Stone/Ceramic Tile
Interior Features: Pantry, Storage, Bathroom With Tub, Floored Attic, Walk-Up Attic, Heated Attic, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N

Exterior

Building Information
Building Area (Total): 2,917
Foundation Area: 980
Foundation Details: Block, Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
Color: Mustard

Exterior Features
Roof: Shingle
Patio And Porch Features: Porch, Enclosed, Patio
Exterior Features: Balcony/Deck, Rain Gutters, Garden

Property Information
PropertySubType: 2 Family - 2 Units Up/Down

Lot Information
Lot Size (Acres): 0.1
Lot Features: Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $4,972
Tax Year: 2013

Utilities

Utility Information
Utilities: for Gas Range, for Gas Oven
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 100 Amp Service

Heating & Cooling
Has Heating
Heating: Steam, Oil, Natural Gas
Heating Units: 2
Cooling Units: 0

Location

Location Information
Directions: Main to East Foster to Leonard
UnparsedAddress: 38-40 Leonard Rd, Melrose MA 02176

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Middlesex County
APN: M:0D7 P:0000041,654770

Home facts updated by county records on Jul 24, 2025

Other

Miscellaneous Information
Heat Zones: 2

Listing Information
Exclusions: None
StandardStatus: Closed

Around this home

Schools

Lincoln Elementary School

Public K-5 • Assigned • 0.4mi

8/10

Melrose Middle School

Public 6-8 • Assigned • 0.7mi

6/10

Melrose High School

Public 9-12 • Assigned • 0.7mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

6/10 Wind Factor

60% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Melrose, MA • 02176

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.00M – $1.22M

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New listings for sale in 02176

OPEN THU, 10:30AM TO 12PM

$949,900

3 beds2.5 baths1,562 sq ft

354 Upham St #9, Melrose, MA 02176

NEW 14 HRS AGO

$599,000

2 beds2 baths905 sq ft

112 Porter St #5, Melrose, MA 02176

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

Unknown

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$589,900

2 beds2 baths1,236 sq ft

51 Melrose St Unit 5F, Melrose, MA 02176

$669,900

4 beds2.5 baths1,254 sq ft

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LISTED BY REDFIN3D WALKTHROUGH

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244 Beech Ave, Melrose, MA 02176

$1,050,000

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Home values near 38-40 Leonard Rd

Data from public records.

Address	Redfin Estimate
47 Leonard Rd, Melrose, MA 2 Beds \| 1 Baths \| 936 Sq. Ft.	$700,502
56 Leonard Rd, Melrose, MA 3 Beds \| 1 Baths \| - Sq. Ft.	$801,766

Address	Redfin Estimate
32 Leonard Rd, Melrose, MA 4 Beds \| 1 Baths \| 1175 Sq. Ft.	$736,551
44 Leonard Rd, Melrose, MA 4 Beds \| 2 Baths \| 2184 Sq. Ft.	$960,576

Address	Redfin Estimate
60 Leonard Rd, Melrose, MA 3 Beds \| 1.5 Baths \| 1294 Sq. Ft.	$751,634
40 Leonard Rd, Melrose, MA 5 Beds \| 2.5 Baths \| 2917 Sq. Ft.	$1,041,815

Property information provided by MLS PIN when last listed in 2014. This data may not match . Learn more.

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