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Welcome to this East Side Melrose home set in a highly sought-after neighborhood overlooking Melrose Commons. Offering 6 rooms, 3 bedrooms, and 2 full baths across approximately 1,400 sq. ft., this property sits on a 5,750 sq. ft. lot with a very private, fully fenced yard and a newer storage shed. The location is quiet and convenient, with easy access to parks, schools, and downtown amenities. While the home needs some updating and TLC, it presents a fantastic opportunity to renovate, personalize, and build equity in one of Melrose’s most desirable areas. This is a must-see opportunity in a prime location!
Current real estate data for Single Family in Melrose as of Dec 16, 2025
31
Single Family Listed
55
Avg DOM
438
Avg $ / SqFt
$1,042,367
Avg List Price

Property Details

Price:
$599,986
MLS #:
73456681
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Nov 20, 2025
Finished Sq Ft:
1,400
Total Sq Ft:
1,400
Lot Size:
5,750 sqft / 0.13 acres (approx)
Year Built:
1920

Schools

Interior

Appliances
Water Heater, Range, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Tile, Hardwood
Heating
Baseboard, Electric Baseboard, Oil
Laundry Features
First Floor, Electric Dryer Hookup, Washer Hookup

Exterior

Architectural Style
Colonial
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Porch – Enclosed, Rain Gutters, Storage, Fenced Yard
Parking Features
Off Street, Paved
Parking Spots
3
Roof
Shingle

Financial

Tax Year
2025
Taxes
$7,041

Map

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Community

Property Summary

    294 E Foster St Melrose MA is a Single Family for sale in Melrose, MA, 02176. It is listed for $599,986 and features 3 beds, 2 baths, and has approximately 1,400 square feet of living space, and was originally constructed in 1920. The current price per square foot is $429. The average price per square foot for Single Family listings in Melrose is $438. The average listing price for Single Family in Melrose is $1,042,367. To schedule a showing of MLS#73456681 at 294 E Foster St in Melrose, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
294 E Foster St
Melrose, MA