3 Franklin Terrace Melrose, MA ^$ 825,000

3 Franklin Terrace

^$ 825,000

Back to search

Recently Listed

Open House 6/5 5pm - 6:30pm

3 Franklin Terrace

Melrose, MA, 02176

^$ 825,000

Bedrooms4 Baths2.0 Sq 1,510

Monthly Estimate*

^$ 5,080

3 Franklin Terrace, Melrose, MA 02176 - Image 1

3 Franklin Terrace, Melrose, MA 02176 - Image 2

3 Franklin Terrace, Melrose, MA 02176 - Image 3

3 Franklin Terrace, Melrose, MA 02176 - Image 4

3 Franklin Terrace, Melrose, MA 02176 - Image 5

3 Franklin Terrace, Melrose, MA 02176 - Image 6

3 Franklin Terrace, Melrose, MA 02176 - Image 7

3 Franklin Terrace, Melrose, MA 02176 - Image 8

3 Franklin Terrace, Melrose, MA 02176 - Image 9

3 Franklin Terrace, Melrose, MA 02176 - Image 10

3 Franklin Terrace, Melrose, MA 02176 - Image 11

3 Franklin Terrace, Melrose, MA 02176 - Image 12

3 Franklin Terrace, Melrose, MA 02176 - Image 13

3 Franklin Terrace, Melrose, MA 02176 - Image 14

3 Franklin Terrace, Melrose, MA 02176 - Image 15

3 Franklin Terrace, Melrose, MA 02176 - Image 16

3 Franklin Terrace, Melrose, MA 02176 - Image 17

3 Franklin Terrace, Melrose, MA 02176 - Image 18

3 Franklin Terrace, Melrose, MA 02176 - Image 19

3 Franklin Terrace, Melrose, MA 02176 - Image 20

3 Franklin Terrace, Melrose, MA 02176 - Image 21

3 Franklin Terrace, Melrose, MA 02176 - Image 22

3 Franklin Terrace, Melrose, MA 02176 - Image 23

3 Franklin Terrace, Melrose, MA 02176 - Image 24

3 Franklin Terrace, Melrose, MA 02176 - Image 25

3 Franklin Terrace, Melrose, MA 02176 - Image 26

3 Franklin Terrace, Melrose, MA 02176 - Image 27

3 Franklin Terrace, Melrose, MA 02176 - Image 28

3 Franklin Terrace, Melrose, MA 02176 - Image 29

3 Franklin Terrace, Melrose, MA 02176 - Image 30

3 Franklin Terrace, Melrose, MA 02176 - Image 31

3 Franklin Terrace, Melrose, MA 02176 - Image 32

3 Franklin Terrace, Melrose, MA 02176 - Image 33

3 Franklin Terrace, Melrose, MA 02176 - Image 34

3 Franklin Terrace, Melrose, MA 02176 - Image 35

3 Franklin Terrace, Melrose, MA 02176 - Image 36

3 Franklin Terrace, Melrose, MA 02176 - Image 37

3 Franklin Terrace, Melrose, MA 02176 - Image 38

3 Franklin Terrace, Melrose, MA 02176 - Image 39

Single Family Home for sale in Melrose, MA

for $825,000 with 4 bedrooms and 2 full baths. This 1,510 square foot home was built in 1893 on a lot size of 0.09.

Located in the desirable Melrose Highlands, this thoughtfully updated, 4-bedroom, 2-bath home offers the perfect blend of charm, functionality, and walkable convenience. The sun-filled eat-in kitchen, featuring a large island, gas cooktop, and abundant storage, is ideal for the serious home chef. The sliding door off the dining room opens to a composite deck, perennial gardens, and fenced backyard that is perfect for outdoor dining and play. A stunning new bath showcases a custom vanity, linen tower, and Carrera marble tiled shower with glass enclosure. Three generous bedrooms with ample closets finish the second floor. The walk-up third floor is a flexible space for a fourth bedroom, home office, gym, or a future master suite. Front and back porches, side-by-side parking, ample attic and basement storage, top-rated schools, nearby playgrounds, cafés, yoga, restaurants, and a 7-minute walk to the commuter rail complete this exceptional home.

Open House

6/5/2026 5:00 PM - 6:30 PM

6/6/2026 11:00 AM - 1:00 PM

6/7/2026 11:00 AM - 1:00 PM

3 Franklin Terrace Melrose, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

^$ 825,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 8,912

Style

Victorian

Lot Size

0.09

Year Built

1893

Town/City

Melrose

County/Region

Middlesex

MLS | Web ID

73524010

List By

Lisa Ballew

Listing Agent

Coldwell Banker Realty - Andovers/Readings Regional

Broker

Affordability Calculator

$5,822

Per Month

Monthly Principal & Interest: $5,080
Monthly Property Taxes: $743
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends

Single family listings in Melrose, MA

Average List Price ^$1,078,112

Percent of Sale Price 31%

About Melrose, MA

28,981 Population

7% Since 2002

^$89,874 Median Income

44.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

MLS Property Information Network, Inc rules require that you sign in here to see more detail on this property.

Pricing History

Date	Price	Price Change	Description
6/3/2026	$825,000		Listed Price

Map

More homes like this one

homes for you

See all

3 Franklin Terrace, Melrose, MA, 02176 is a Single Family Home for sale at $825,000 with 1,510 sqft and a lot size of 0.09. 3 Franklin Terrace has 4 bedrooms, 2.0 baths, and was built in 1893. The property's zip code is 02176 which is in Melrose, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/4/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

3 Franklin Terrace

Single Family Home for sale in Melrose, MA

Open House

Affordability Calculator

Neighborhood & Schools

Map

More homes like this one

Get more info about this home