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174 Green St, 
Melrose, MA 02176

$1,499,000

—

Bed

3

Baths

7,000

Sq Ft

Multi-Family

Active

Listed by

Lento + Rivkind Real Estate Team

Coldwell Banker Realty - Boston

617-266-4430

Last updated:

August 15, 2026, 10:42 AM

MLS#

73556751

Source:

MLSPIN

About This Home

174 Green St

Prime development opportunity at 174 Green Street in Melrose. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, this versatile site offers a high-yield footprint for a high-density residential build featuring a street-level retail component. Flexible BA1 zoning provides a clear pathway to maximize residential square footage while capturing ground-floor commercial value. The existing ~7,000 sq. ft. structure offers immediate utility or short-term cash flow while navigating entitlements. Unbeatable transit-oriented location moments from the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose guarantees strong demand for future residential units and retail tenants alike. Capitalize on a rare, scalable parcel in a premier suburban market. Buyers and their agents to perform all due diligence regarding zoning, permitting, density, and specific allowable uses.

Home Facts

Multi-Family

3 Baths

Built in 9999

Price Summary

1,499,000

$214 per Sq. Ft.

MLS #:

73556751

Last Updated:

August 15, 2026, 10:42 AM

Rooms & Interior

Bathrooms

Total Bathrooms:

3

Interior

Living Area:

7,000 Sq. Ft.

Structure

Structure

Building Area:

7,000 Sq. Ft.

Year Built:

9999

Lot

Lot Size (Sq. Ft):

9,999

Finances & Disclosures

Finances

Price:

$1,499,000

Price per Sq. Ft:

$214 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.