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  3. Melrose, MA
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  5. 585 Franklin St
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585 Franklin St

585 Franklin St, Melrose, MA, 02176

YEAR BUILT

1910

# STORIES

3

# TOTAL UNITS

18

UNIT SIZE RANGE

1,432-1,650 sqft

Description

585 Franklin St is in Melrose, Massachusetts, close to the intersection of Main Street and Linden Avenue. This low-rise building has 3 stories and 18 units. Built in 1910, the building offers a blend of historic charm and modern amenities. The nearby Malden River flows through the area, adding to the pleasant surroundings. Each unit ranges from 1,432 to 1,650 square feet. The available layouts include 2 and 3 bedrooms that provide ample living space. Prices for the units range from $530,000 to $615,000. The average closed price in the past year is about $599,000, placing the average price per square foot at $405. Units spend an average of 41 days on the market. Amenities enhance the living experience at this building. Residents enjoy conveniences like in-unit laundry, high coffered ceilings, and multiple storage units. The property also includes two tandem parking spaces. Outside, there is a garden area, pool, tennis courts, and easy access to parks and biking paths. Location is a significant advantage. The Melrose Highlands Commuter Rail stop is nearby, providing quick rail access. Downtown shops and restaurants are within a short distance, offering dining and shopping options. Forest trails in the Fells provide outdoor recreation minutes from the building. Overall, this property combines comfort, convenience, and community. The blend of amenities, thoughtful layouts, and nearby attractions creates a welcoming space for residents. This building aims to offer a balanced lifestyle for those looking to settle in Melrose.

Building ImageMLS ID #73364102
Building ImageMLS ID #73364102
Building Image
Building ImageView Listing

585 Franklin St

585 Franklin St, Melrose, MA, 02176

YEAR BUILT

1910

# STORIES

3

# TOTAL UNITS

18

UNIT SIZE RANGE

1,432-1,650 sqft

Description

585 Franklin St is in Melrose, Massachusetts, close to the intersection of Main Street and Linden Avenue. This low-rise building has 3 stories and 18 units. Built in 1910, the building offers a blend of historic charm and modern amenities. The nearby Malden River flows through the area, adding to the pleasant surroundings. Each unit ranges from 1,432 to 1,650 square feet. The available layouts include 2 and 3 bedrooms that provide ample living space. Prices for the units range from $530,000 to $615,000. The average closed price in the past year is about $599,000, placing the average price per square foot at $405. Units spend an average of 41 days on the market. Amenities enhance the living experience at this building. Residents enjoy conveniences like in-unit laundry, high coffered ceilings, and multiple storage units. The property also includes two tandem parking spaces. Outside, there is a garden area, pool, tennis courts, and easy access to parks and biking paths. Location is a significant advantage. The Melrose Highlands Commuter Rail stop is nearby, providing quick rail access. Downtown shops and restaurants are within a short distance, offering dining and shopping options. Forest trails in the Fells provide outdoor recreation minutes from the building. Overall, this property combines comfort, convenience, and community. The blend of amenities, thoughtful layouts, and nearby attractions creates a welcoming space for residents. This building aims to offer a balanced lifestyle for those looking to settle in Melrose.

Next

Description

585 Franklin St is in Melrose, Massachusetts, close to the intersection of Main Street and Linden Avenue. This low-rise building has 3 stories and 18 units. Built in 1910, the building offers a blend of historic charm and modern amenities. The nearby Malden River flows through the area, adding to the pleasant surroundings. Each unit ranges from 1,432 to 1,650 square feet. The available layouts include 2 and 3 bedrooms that provide ample living space. Prices for the units range from $530,000 to $615,000. The average closed price in the past year is about $599,000, placing the average price per square foot at $405. Units spend an average of 41 days on the market. Amenities enhance the living experience at this building. Residents enjoy conveniences like in-unit laundry, high coffered ceilings, and multiple storage units. The property also includes two tandem parking spaces. Outside, there is a garden area, pool, tennis courts, and easy access to parks and biking paths. Location is a significant advantage. The Melrose Highlands Commuter Rail stop is nearby, providing quick rail access. Downtown shops and restaurants are within a short distance, offering dining and shopping options. Forest trails in the Fells provide outdoor recreation minutes from the building. Overall, this property combines comfort, convenience, and community. The blend of amenities, thoughtful layouts, and nearby attractions creates a welcoming space for residents. This building aims to offer a balanced lifestyle for those looking to settle in Melrose.

585 Franklin St Key Stats Last 12 months

Avg. Listed Price$599,000($405/Sqft.)
Avg. Sale Price$599,000($405/Sqft.)
Year over year list priceDown Arrow0.15%
Year over year sale priceDown Arrow 2.60%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market41 days
Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list priceDown Arrow0.15%
Year over year sale priceDown Arrow2.60%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market41 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Low
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

585 Franklin St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 44148231412025-06-04
MLS#: 73364102 		Closed$599,000
Unit 33148232362024-11-01
MLS#: 73295113 		Closed$615,000
Unit 55148232392021-06-07
MLS#: 72823097 		Closed$530,000
Unit 3
3

3 Beds

2 Baths

1482 sqft

DateStatusPrice
2024-11-01Closed$615,000
MLS#: 73295113
Days On Market36
Unit 4
4

3 Beds

1 Baths

1482 sqft

DateStatusPrice
2025-06-04Closed$599,000
MLS#: 73364102
Days On Market41
Unit 5
5

3 Beds

2 Baths

1482 sqft

DateStatusPrice
2021-06-07Closed$530,000
MLS#: 72823097
Days On Market39
View Complete Unit Listing HistorySource By: MLSPIN

Amenities

Living at Undercliff Terrace gives you access to a wonderful array of amenities that make life here enjoyable. Whether you’re a sports enthusiast or just love to relax outdoors, you can enjoy the tennis courts and nearby golf facilities. Stay active with a convenient bike path, or dive into summer fun with the pool. For those who enjoy communal environments, the garden area and parks offer perfect lounging spots. This building also provides essential amenities like laundry facilities and easy highway access for your commuting needs.

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Amenities Description

Living at Undercliff Terrace gives you access to a wonderful array of amenities that make life here enjoyable. Whether you’re a sports enthusiast or just love to relax outdoors, you can enjoy the tennis courts and nearby golf facilities. Stay active with a convenient bike path, or dive into summer fun with the pool. For those who enjoy communal environments, the garden area and parks offer perfect lounging spots. This building also provides essential amenities like laundry facilities and easy highway access for your commuting needs.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Laundry

Laundry

Tennis Court(s)

Tennis Court(s)

Storage

Storage

Pool

Pool

Policies

As you make your decision, it’s good to know that Undercliff Terrace has some restrictions in place, which might seem a bit formal, but they help maintain the community vibe many seek in their new homes.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
585 Franklin St$405/sqft.$2 /sqft.
594 Franklin$408/sqft.$2 /sqft.
43-51 Albion St$444/sqft.$3 /sqft.
Villacordoba Condominiums$402/sqft.$3 /sqft.
49 Melrose St$485/sqft.$3 /sqft.
51 Melrose St$507/sqft.$3 /sqft.

Nearby Schools

585 Franklin St is located near 18+ schools throughout Melrose. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Roosevelt Elementary School

A-
Public|Grades KG–5
253 Vinton St|0.22 miles away

Melrose Veterans Memorial Middle School

C
Public|Grades 6–8
350 Lynn Fells Pkw...|0.35 miles away

Melrose High School

B-
Public|Grades 9–12
360 Lynn Fells Pkw...|0.38 miles away

Franklin Early Childhood Center

--
Public|Grades PK–PK
16 Franklin St|0.41 miles away

Horace Mann Elementary School

A
Public|Grades KG–5
40 Damon Ave|0.66 miles away

Colonial Park Elementary School

B+
Public|Grades PK–4
30 Avalon Rd|0.83 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

585 Franklin St is located near 18+ schools throughout Melrose. Schools within a 2-mile radius provide dependable access for families. Convenient proximity supports smoother daily routines. This location enhances residential comfort.

Roosevelt Elementary School

A-
Public|Grades KG–5
253 Vinton St|Less than 1 Mile Away

Melrose Veterans Memorial Middle School

C
Public|Grades 6–8
350 Lynn Fells Pkw...|Less than 1 Mile Away

Melrose High School

B-
Public|Grades 9–12
360 Lynn Fells Pkw...|Less than 1 Mile Away

Franklin Early Childhood Center

--
Public|Grades PK–PK
16 Franklin St|Less than 1 Mile Away

Horace Mann Elementary School

A
Public|Grades KG–5
40 Damon Ave|Less than 1 Mile Away

Colonial Park Elementary School

B+
Public|Grades PK–4
30 Avalon Rd|Less than 1 Mile Away

Greenwood

A-
Public|Grades KG–4
1030 Main St|Less than 1 Mile Away

Stoneham High School

B-
Public|Grades 9–12
149 Franklin St|1.04 Miles Away

St Mary's School

--
Private|Grades PK–8
4 Myrtle St|1.08 Miles Away

Lincoln Elementary School

A-
Public|Grades KG–5
80 W Wyoming Ave|1.16 Miles Away

Kinder Care Learning Center

--
Private|Grades PK–KG
136 Franklin St|1.18 Miles Away

Winthrop Elementary School

A
Public|Grades KG–5
162 1st St|1.19 Miles Away

Greater Boston Academy

--
Private|Grades PK–8
108 Pond St|1.33 Miles Away

South Elementary School

A-
Public|Grades PK–4
11 Summer St|1.60 Miles Away

Hoover Elementary School

B-
Public|Grades KG–5
37 Glendower Rd|1.66 Miles Away

St Patrick Elementary School

--
Private|Grades PK–8
20 Pleasant St|1.74 Miles Away

Central Middle School

A
Public|Grades 5–8
101 Central St|1.77 Miles Away

Early Childhood Center at the Doyle School

--
Public|Grades PK–PK
11 Paul Ave|1.81 Miles Away

Transit

Located in a transit-friendly area of Melrose, 585 Franklin St provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

166 Laurel St

1.33 miles away|26 min walk

167 Laurel St

1.34 miles away|26 min walk

183 Laurel St

1.39 miles away|27 min walk

184 Laurel St

1.38 miles away|27 min walk

229 Laurel St

1.43 miles away|28 min walk

238 Main St

1.36 miles away|27 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Located in a transit-friendly area of Melrose, 585 Franklin St provides easy access to nearby public transportation. Within a 2-mile radius, Bus, Rail support smooth and efficient travel. Reliable transit connectivity improves commuting experiences. This location promotes accessibility and urban convenience.

166 Laurel St

1.33 miles away|26 min walk

167 Laurel St

1.34 miles away|26 min walk

183 Laurel St

1.39 miles away|27 min walk

184 Laurel St

1.38 miles away|27 min walk

229 Laurel St

1.43 miles away|28 min walk

238 Main St

1.36 miles away|27 min walk

288 Main St

1.89 miles away|37 min walk

291 Main St

1.89 miles away|37 min walk

377 Washington St

1.99 miles away|39 min walk

3 Woodland Rd

1.57 miles away|31 min walk

550 Main St

1.6 miles away|31 min walk

814 Main St

1.26 miles away|25 min walk

910 Main St

0.45 miles away|9 min walk

East St @ Enmore Rd

1.22 miles away|24 min walk

East St opp Sheffield Rd

1.14 miles away|22 min walk

East St @ Upham St

1.26 miles away|25 min walk

Franklin St @ Albion St

0.3 miles away|6 min walk

Franklin St @ Apthorp Rd

0.12 miles away|3 min walk

Franklin St @ Ashland St

0.17 miles away|4 min walk

Franklin St @ Botolph St

0.34 miles away|7 min walk

Franklin St @ Greenwood St

0.01 miles away|1 min walk

Franklin St opp Greenwood St

0.01 miles away|1 min walk

Franklin St @ Pratt St

0.28 miles away|6 min walk

Franklin St @ Vinton St

0.11 miles away|3 min walk

Franklin St @ Warren St

0.21 miles away|5 min walk

Franklin St @ Woodland Ave

0.23 miles away|5 min walk

Greenwood

0.99 miles away|19 min walk

Greenwood - Main St @ Forest St

1.07 miles away|21 min walk

Greenwood - Main St @ Walton Pl

1.07 miles away|21 min walk

Grove St @ Argyle St

1.26 miles away|25 min walk

Grove St @ Faxon St

1.22 miles away|24 min walk

Grove St @ Florence Ave

1.3 miles away|25 min walk

Grove St @ Gooch St

1.22 miles away|24 min walk

Grove St @ Lebanon St

1.17 miles away|23 min walk

Grove St @ Linwood Ave

1.12 miles away|22 min walk

Grove St @ Main St

1.09 miles away|21 min walk

Grove St opp Argyle St

1.25 miles away|24 min walk

Grove St opp Florence Ave

1.29 miles away|25 min walk

Grove St opp Goss Ave

1.32 miles away|26 min walk

Grove St opp Linwood Ave

1.11 miles away|22 min walk

Grove St @ Swains Pond Ave

1.33 miles away|26 min walk

Grove St @ Walnut St

1.1 miles away|22 min walk

Laurel St @ Highview Ave

1.42 miles away|28 min walk

Laurel St @ Sixth St

1.28 miles away|25 min walk

Laurel St @ Sycamore Rd

1.46 miles away|29 min walk

Lebanon St @ Forest St

1.91 miles away|37 min walk

Main St @ Banks Pl

1.76 miles away|34 min walk

Main St @ Banks St

1.72 miles away|33 min walk

Main St @ Bay State Rd

0.54 miles away|11 min walk

Main St @ Boardman Ave

0.47 miles away|9 min walk

The Neighbourhood: Melrose Highlands

Melrose Highlands is a residential neighborhood near Boston. The area has a compact commercial main street with shops, cafes, and services. It has parks, playgrounds, and walking trails for outdoor recreation. The district has public schools and nearby health services. Nearby eateries serve meals and takeout, and small shops sell daily goods. Commuter rail and bus connections provide direct transit to downtown Boston. Major roads also make it easy to drive to nearby towns. Community centers and parks host events and group meetings.

Next

Neighbourhood Description

Melrose Highlands is a residential neighborhood near Boston. The area has a compact commercial main street with shops, cafes, and services. It has parks, playgrounds, and walking trails for outdoor recreation. The district has public schools and nearby health services. Nearby eateries serve meals and takeout, and small shops sell daily goods. Commuter rail and bus connections provide direct transit to downtown Boston. Major roads also make it easy to drive to nearby towns. Community centers and parks host events and group meetings.

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585 Franklin St Demographics

Age Demographics

0–14 Years

16.56%

15–29 Years

12.88%

30–44 Years

20.38%

45–59 Years

23.36%

60+ Years

26.82%

Commute

16.95%

Transit

1.69%

Walk

61.71%

Drive

0.99%

Bike

Housing Ownership

69.53%

Owner Occupied

30.47%

Rental Units

Household Types

Single Family
30.91%
Multi Family
4.21%
Single Person
33.16%
Multi Person
66.84%

Average Income

Household:$11,581,444.86 /yr

Individual:$6,051,555.67 /yr

Education

Bachelors Degree35.11%
High School College15.46%
Diploma6.29%
Post Graduate26.85%
Others16.3%
Next

Education

Diploma6.29%
Post Graduate26.85%
Others16.3%
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  1. Home
  2. /Melrose, MA
  3. /
    585 Franklin St
Nearby Cities
Auburndale
Buildings
180 Green
185 Franklin St
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260 Tremont St
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585 Franklin St
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601 Franklin St
73 Marvin Rd
Highland Condominiums
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Plaza
Tremont 130
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Neighborhoods
AgassizBack BayBack Central
Ball SquareBelmontBelvidereBrandeisCedar ParkCentervilleCentralvilleChatham StreetCottage ParkDowntown FraminghamDowntown WatertownGallows HillLawrence EstatesLibraryMagoun SquareMelrose HighlandsSalem Common
ZIP Codes
017200184001843
0185401879019040191502025020450205402062020660210802115021300214202144021710245102762
Community
1 Warren Street100 Boatswains Way100 Captains Row
100 Commandants Way100 High Street Condominiums100 Main Street100 Waite Street Condominiums101 Prince Street110 1st Avenue120 Fulton130 Fulton Street14 Chauncy Street Condominiums15-17 Henley Street Condominiums159-161 Hancock Street Condominiums16 Chauncy Street Condominiums16-22 Beacon Street and 34 Tremont Street177 Endicott Street18-34 Main Street Condominiums180 Bunker Hill Street191 Bunker Hill Street
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