Melrose Homes under $250,000

Welcome to Melrose, a charming city nestled in the heart of scenic landscapes and vibrant community spirit! Known for its welcoming atmosphere and rich history, Melrose offers residents a unique blend of suburban tranquility and urban convenience. With its tree-lined streets, local parks, and a variety of shops and restaurants, this city is perfect for families, young professionals, and retirees alike.

One of the most appealing aspects of Melrose is its affordability. For those seeking their dream home without breaking the bank, you’ll be delighted to discover a selection of homes available for under $250,000. These properties present a fantastic opportunity for first-time buyers or anyone looking to invest in a thriving community. Whether you prefer cozy bungalows, charming cottages, or modern townhouses, Melrose has something to suit every taste and budget.

Living in Melrose means not only enjoying the comforts of a lovely home but also embracing the vibrant lifestyle the city has to offer. With various community events, farmers' markets, and outdoor recreational activities, there’s never a dull moment. Plus, the city’s proximity to larger urban centers ensures that you’ll have access to all the amenities you need while still relishing the peacefulness of suburban life.

In Melrose, you’ll find more than just a house; you’ll discover a place to call home. Come explore the possibilities and see why so many are choosing to make Melrose their forever home!

Newest Melrose Homes under $250,000

$249,900

3 Beds ⋅ 1 Baths ⋅ 7157202 MLS

Impressive home with countless updates on 3 city lots offering plenty space for games and fun and featuring a large pole shed to accommodate all your hobbies and storage needs. You will appreciate the spacious floorplan featuring a large kitchen with center island, formal dining room, family room, sitting room, full bathroom, laundry room, and primary bedroom all on the main floor for convenience of one level living. Upper-level features two additional bedrooms and unfinished basement is ideal for additional storage. You will appreciate the many updates over the years including electrical panel, vinyl windows and siding, shingles, nearly entire home was gutted to the studs in 2008-2009 with upgraded insulation, sheetrock, plumbing, kitchen, bathroom, and more. One of the best lots in town with mature trees and privacy you have to see to appreciate. The 26x36 cemented steel shed can be used as a garage, storage, workshop, mancave, or whatever hobbies you enjoy. Come check out this beautiful property today!!

418 1st Avenue SW, Melrose

Listing courtesy of Central MN Realty LLC.

$69,900

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.

$210,000

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. Steel siding & vinyl windows were completed in 2005, and laminate floors updated in 2010, asphalt shingles were new in 2022; offering 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.

Melrose Homes under $250,000

Newest Melrose Homes under $250,000

How much is your home worth?

How much is your home worth?