Melrose Homes under $250,000

Welcome to Melrose, a charming city that beautifully blends small-town warmth with modern conveniences. Nestled in the heart of Massachusetts, Melrose is known for its tight-knit community, picturesque neighborhoods, and vibrant local culture. With tree-lined streets and historic architecture, this city offers a unique blend of character and charm that makes it a desirable place to call home.

One of the most appealing aspects of Melrose is its affordability, particularly for first-time homebuyers or those looking to downsize. Homes under $250,000 can be found throughout the city, providing an excellent opportunity to invest in a property without breaking the bank. These homes often feature classic designs, cozy layouts, and access to the city's amenities, making them perfect for anyone looking to embrace the Melrose lifestyle.

Living in Melrose means enjoying easy access to local parks, shops, and restaurants, as well as excellent schools and community services. The city's strong sense of community is evident in its various events and festivals, fostering connections among residents. Additionally, Melrose is conveniently located just a short commute from Boston, offering residents the best of both worlds—small-town living with big-city access.

Whether you're searching for a quaint bungalow, a charming Victorian, or a cozy condo, Melrose has a variety of options that fit within your budget. Discover the charm and affordability of Melrose today, and find your perfect home in this welcoming city!

Newest Melrose Homes under $250,000

$74,900

3 Beds ⋅ 1 Baths ⋅ 7149478 MLS

Calling all investors and contractors! Great winter project for the experienced and motivated remodeler. As-is property in the heart of Melrose, looking for a new owner. House has loads of potential. Cash offers only. 3 bedroom, 1 bath house with vinyl windows and vinyl siding on a quiet street with a concrete driveway and a quiet backyard with a shed. House also boasts a newer roof! This house has a great location close to downtown Melrose, along with an open canvas, main floor laundry, and room to add a garage on the property. Come see this house today before it's gone! Quick close possible!

210 1st Street SE, Melrose

Listing courtesy of MetroCrest Realty.

$215,000

3 Beds ⋅ 1 Baths ⋅ 7142527 MLS

Enjoy easy one-level living in this charming 2+ bedroom, 1-bath home with 1,216 square feet on the main level. The home offers a comfortable layout with updated flooring and convenient main-floor laundry. The third bedroom is currently being used as a laundry room, creating an ideal setup for those looking for easy, stair-free living. The bathroom features a convenient walk-in shower offering accessibility and ease of use. A durable steel roof, installed in 2022, provides added peace of mind for years to come. The unfinished basement offers plenty of additional storage space and potential for a workshop, hobby area, or future finishing. A single attached garage provides convenient parking and storage. Located on a manageable .139-acre city lot in Melrose, this home offers comfortable living with low-maintenance outdoor space and convenient access to the community.

215 1st Avenue SE, Melrose

Listing courtesy of Counselor Realty Inc of Alex.

$245,000

2 Beds ⋅ 1 Baths ⋅ 7121463 MLS

Say hello to views year round! Enjoy roughly 92 feet of frontage on the beautiful Black River! This 2-bedroom, 1-bath home in North Bend offers a wonderful opportunity for year-round living, a weekend retreat, or a recreational getaway. With opportunities to split upstairs into two more bedrooms or use it for a hang out area, this home has it! A four seasons room plus a large deck off the back. The basement offers additional potential, including an opportunity to add another bathroom. Relax by the water, enjoy fishing, or simply take in the peaceful river views. A great property for anyone who loves waterfront living and outdoor recreation! Plus you are only a short walk from local businesses!

N574 N Bend Drive, Melrose

Listing courtesy of RE/MAX Results.

$168,000

3 Beds ⋅ 2 Baths ⋅ 7113793 MLS

Charming home in the heart of Melrose! Enjoy a functional layout, comfortable living spaces, and a spacious yard. Conveniently located near schools, parks, shopping, restaurants, and I-94. A great opportunity for first-time buyers, those looking to downsize, or investors!

103 3rd Street SW, Melrose

Listing courtesy of Central MN Realty LLC.

$115,000

3 Beds ⋅ 2 Baths ⋅ 7080042 MLS

Rose Park is a welcoming manufactured housing community located in the heart of Melrose, Minnesota — a charming small town known for its strong sense of community, excellent schools, and family-friendly atmosphere. Our neighborhood offers quiet streets, friendly neighbors, and an environment where families, retirees, and individuals can feel comfortable and connected. Residents enjoy the benefits of small-town living while still having convenient access to local shopping, dining, parks, healthcare, and recreation. Melrose is known for its highly regarded school system, safe neighborhoods, and active community events throughout the year. Whether you're raising a family, downsizing, or simply looking for a peaceful place to call home, Rose Park offers affordable living in a community where people truly care about one another. At Rose Park, residents enjoy: A peaceful and well-maintained neighborhood Affordable homeownership opportunities Spacious lots and community feel Convenient access to schools, parks, and local businesses A safe, quiet environment ideal for families and retirees Friendly management focused on long-term community growth Rose Park combines the value of manufactured home living with the warmth and stability of a traditional neighborhood — making it a wonderful place to call home. Financing considerations - Mortgage contacts available

100 Rose Park, Melrose

Listing courtesy of Central MN Realty LLC.

$115,000

3 Beds ⋅ 2 Baths ⋅ 7080044 MLS

76 Rose Park, Melrose

Listing courtesy of Central MN Realty LLC.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.