2 days on Rocket
$10,000 Closing Credit¹
#73395662, Brian Fitzpatrick, Listing office: Coldwell Banker Realty - Waltham
$1,175,000 List price
18-20 Melbourne Ave Newton, MA 02460
$10,000
Closing credit¹
5 beds
2 full
2,600 sqft
0.1 acres
$452 / sqft
Multi-Family
Property details
About 18-20 Melbourne Ave
Incredible two-family opportunity in Newton! Ideal for investors or owner-occupants, this property features separate front and side entrances, individual utilities, and a private yard, perfect for multi-generational living, rental income, or potential condo conversion. Enjoy a superb location near the Charles River walkway and bike trails to Boston, with easy access to shops, restaurants, public transit, and the Mass Pike. The first-floor unit is leased through June 30, and the second floor is currently vacant; both units will be delivered vacant at closing. A private driveway and detached two-car garage complete the package. Located in a desirable neighborhood with access to Newton’s top-rated schools, this is a rare opportunity to own and add value in one of Greater Boston’s most sought-after communities. Don’t miss out!
Highlights
Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size2,600 sqft
BasementYes
Lot size0.15 Acres
Year built1920
ParkingPaved
MLS #73391676
Garage2 spaces
Summary
- Full Bathrooms: 2
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Basement: Yes
- Flooring Type: Tile, Hardwood
- Interior: Laundry Room, Living Room, Dining Room, Kitchen
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Parking: Paved
- Heating: Baseboard, Natural Gas
- List Price: $1,175,000
- Price/SqFt: $451
- Annual Tax Amount: $10,160
- Tax Year: 2024
- Lot: Other
- Directions: Linwood or California to Melbourne
- Year Built: 1920
- Stories: 2
- Living Area: 2,600 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 73391676
- MLS Name: MLS Property Information Network
- Office Name: Coldwell Banker Realty - Boston
- Office Phone: (617) 266-4430
- Listing Agent: Tabatha Roseman
Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/26/2025, 10:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,175,000
18-20 Melbourne Ave
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,041,000 | $10,160 |
| 2023 | $952,500 | $9,696 |
| 2022 | $881,900 | $9,278 |
| 2021 | $809,100 | $8,706 |
| 2020 | $809,100 | $8,447 |
| 2019 | $756,200 | $7,902 |
History based on county public records data.
Nearby schools
7
Horace Mann Elementary School
Public District KG-5
0.3 mi
•225 Nevada St
6
Lincoln-Eliot Elementary School
Public District KG-5
0.6 mi
•191 Pearl St
5
Cunniff Elementary School
Public District KG-5
1.0 mi
•246 Warren St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,361. Residents of Newton, MA typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
26%
<35k
42%
35k-100k
21%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
8%
Single, with Kids
24%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
Boston Market
The Cheesecake Factory
What do the neighbors drive?
Audi
Mercedes
BMW
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 18-20 Melbourne Ave
The listing price of 18-20 Melbourne Ave property is $1,175,000.
The property 18-20 Melbourne Ave is a multi located in Newton, Massachusetts, 02460.
Active Listing: 18-20 Melbourne Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 18-20 Melbourne Ave are: Horace Mann Elementary School (GreatSchools Rating 7/10), Lincoln-Eliot Elementary School (GreatSchools Rating 6/10), Cunniff Elementary School (GreatSchools Rating 5/10), F. A. Day Middle School (GreatSchools Rating 8/10), Watertown Middle School (GreatSchools Rating 5/10), Bigelow Middle School (GreatSchools Rating 8/10), Newton North High School (GreatSchools Rating 8/10), Watertown High School (GreatSchools Rating 6/10), Lyon Upper 9-12 School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $10,160 (source: MLS/based on county public records data).
The property 18-20 Melbourne Ave is 2,600 SqFt (source: MLS/tax record).
The year of construction for 18-20 Melbourne Ave is 1920.
This home is located at 18-20 Melbourne Ave in Newton, MA and zip code 02460 in the Nonantum neighborhood. This 2,600 square foot home, which was built in 1920, sits on a 0.15 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $1,175,000.
Over 44 listings were sold over their listed price in May 2025 in Newton, MA. In the same period over 46 listings were sold below the listed price and 12 listings were sold for the listed price. In May 2025 in Newton, MA there were 15.5% more homes for sale than in April. The median list price of listings available in May 2025 was $1,550,400, while the average time on the real estate market was 31 days.
From Rocket Homes Real Estate and based on county public records data.