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$1,175,000

18-20 Melbourne Ave Newton, MA 02460

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 and second floor unit is now 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
StatusAccepting Backup Offers
(Contingent)
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

IDX 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: 7/17/2025, 5:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $65,361. The most common annual income of people living in Newton, MA is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

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/backpackingHiking/backpacking
  • Live TheatreLive Theatre
  • TennisTennis

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • BMWBMW

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic 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.

Accepting Backup Offers: 18-20 Melbourne Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

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.

While more than 37 listings in Newton, MA in June 2025 were sold above asking price, there were more than 7 listings sold at asking price, and more than 33 were sold below. The inventory of homes for sale in Newton, MA between May and June 2025 decreased by 2.3%. The median list price of listings available in June 2025 was $1,572,444, while the average time on the real estate market was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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