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16-18 Meridian Parkway, Malden MA 02148 - Preview 1 16-18 Meridian Parkway, Malden MA 02148 - Preview 2 16-18 Meridian Parkway, Malden MA 02148 - Preview 3 16-18 Meridian Parkway, Malden MA 02148 - Preview 4 16-18 Meridian Parkway, Malden MA 02148 - Preview 5 16-18 Meridian Parkway, Malden MA 02148 - Preview 6 16-18 Meridian Parkway, Malden MA 02148 - Preview 7 16-18 Meridian Parkway, Malden MA 02148 - Preview 8 16-18 Meridian Parkway, Malden MA 02148 - Preview 9 16-18 Meridian Parkway, Malden MA 02148 - Preview 10 16-18 Meridian Parkway, Malden MA 02148 - Preview 11 16-18 Meridian Parkway, Malden MA 02148 - Preview 12 16-18 Meridian Parkway, Malden MA 02148 - Preview 13 16-18 Meridian Parkway, Malden MA 02148 - Preview 14 16-18 Meridian Parkway, Malden MA 02148 - Preview 15 16-18 Meridian Parkway, Malden MA 02148 - Preview 16 16-18 Meridian Parkway, Malden MA 02148 - Preview 17 16-18 Meridian Parkway, Malden MA 02148 - Preview 18 16-18 Meridian Parkway, Malden MA 02148 - Preview 19 16-18 Meridian Parkway, Malden MA 02148 - Preview 20 16-18 Meridian Parkway, Malden MA 02148 - Preview 21 16-18 Meridian Parkway, Malden MA 02148 - Preview 22 16-18 Meridian Parkway, Malden MA 02148 - Preview 23 16-18 Meridian Parkway, Malden MA 02148 - Preview 24 16-18 Meridian Parkway, Malden MA 02148 - Preview 25 16-18 Meridian Parkway, Malden MA 02148 - Preview 26 16-18 Meridian Parkway, Malden MA 02148 - Preview 27 16-18 Meridian Parkway, Malden MA 02148 - Preview 28 16-18 Meridian Parkway, Malden MA 02148 - Preview 29 16-18 Meridian Parkway, Malden MA 02148 - Preview 30 16-18 Meridian Parkway, Malden MA 02148 - Preview 31 16-18 Meridian Parkway, Malden MA 02148 - Preview 32 16-18 Meridian Parkway, Malden MA 02148 - Preview 33 16-18 Meridian Parkway, Malden MA 02148 - Preview 34 16-18 Meridian Parkway, Malden MA 02148 - Preview 35 16-18 Meridian Parkway, Malden MA 02148 - Preview 36 16-18 Meridian Parkway, Malden MA 02148 - Preview 37 16-18 Meridian Parkway, Malden MA 02148 - Preview 38

16-18 Meridian Parkway, Malden MA 02148

Malden, MA 02148
$995,000
Est. $6,190/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
3
Baths
3,100
Sq Ft
$321
Price/Sq Ft
0.07
Acres
1900
Year Built
1
Parking
Multi Family
Type
New today
Time on Market
For Sale Open House Listed Oct 23, 2026 • MLS# 73594395 Copied! • Updated Oct 23, 2026

Track this home for price, status, and open-house alerts.

Open House Schedule

25
Oct
Sunday, October 25
4:00 PM - 5:30 PM EDT
24
Oct
Saturday, October 24
1:00 PM - 2:30 PM EDT

About this home

Exceptional investment opportunity in the heart of Malden! This beautifully updated two-family property generates over $100K in annual rental income, making it an outstanding income-producing investment. Conveniently located within walking distance to Malden Center T Station, shops, restaurants, and vibrant downtown amenities, with easy access to Boston and major routes. Both units feature stunning chef-inspired kitchens with elegant marble countertops, spacious islands, stainless steel appliances, recessed lighting, beautifully renovated bathrooms with modern finishes, gleaming hardwood floors throughout, central air conditioning, central heating, and in-unit laundry. Major improvements include an updated roof (~8 years), heating systems, vinyl siding (~5 years), and hot water tanks (~3 years), offering peace of mind and low-maintenance ownership. With extensive updates already completed, this turnkey property is ready for its next owner!

BMN Estimate

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Price & Status History

Market Insights

14.6%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Oct 23, 2026
$995,000
Original listing
Agent: Anna Mean Office: AC Realty
Previous Transaction - MLS #72421394
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 4, 2019
$850,000
MLS #72421394
View Listing →

Tax History

Year Taxes Assessment
2026 $11,506 $1,009,300

Financial Details

Annual Property Tax
$11,506
Tax Year 2026
Assessed Value
$1,009,300

Facts & Features

Central AC

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 3,100 sq ft
Lot Size 0.07 acres
Stories 3
Bedrooms 6
Full Baths 3
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent $3,025/mo · Y
Unit 2 Rent $5,400/mo · Y
Total Monthly Rent $8,425/mo
Gross Income $101,100
Net Operating Income $80,563
Operating Expenses $20,537
Cap Rate 8.10%
Heating Central, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Vinyl, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement None
Laundry None
Features Crown Molding, Stone/granite/solid Counters, Bathroom With Shower Stall, Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room
Construction None
Architecture None
Roof Shingle
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax $11,506
Assessed Value $1,009,300
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Seller Never Occupied The Property. Buyer And Buyers Agent Are Responsible For Conducting Their Own Due Diligence And Independently Verifying All Info. Seller Nor The Listing Agent Makes Any Representations/warranties, Express Or Implied, Regarding The Accuracy/completeness Of The Info Provided.
Possession None
Accepted Financing None
Structure Type []
House Color Beige
Sq Ft Source Other
Sq Ft Disclosures Estimated from floor plans
Documents None
County Middlesex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
3
Living Area
3,100 sq ft
Total Rooms
12
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Crown Molding, Stone/Granite/Solid Counters, Bathroom with Shower Stall, Bathroom With Tub, Living Room, Dining Room, Kitchen, Laundry Room
Windows: Box/Bay/Bow Window(s)
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating: Central, Natural Gas
Heating Zones: 3
Cooling: Central Air
Cooling Zones: 3
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Paved
School District
Malden School District local
B
✓ School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
↓ 3.9% below state avg
E

Elementary Schools

8 schools
Cheverus Elementary School
0.3 mi
Grades PK-08
B
Ferryway School
0.4 mi | #167 of 352 | Score: 43.0
Improved 22 spots from last year
-15.2 below state avg
923 students Very Diverse
Rising School Diverse Student Body
Grades K-08
B-
Beebe School
0.7 mi | #191 of 352 | Score: 41.2
Dropped 45 spots from last year
-17 below state avg
919 students Very Diverse
Diverse Student Body
Grades K-08
C-
Salemwood School
1.0 mi | #286 of 352 | Score: 32.9
Dropped 32 spots from last year
-25.3 below state avg
925 students Very Diverse
Diverse Student Body
Grades K-08
B
Forestdale School
1.4 mi | #178 of 352 | Score: 42.1
Dropped 5 spots from last year
-16.1 below state avg
496 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
1.5 mi | #51 of 346 | Score: 67.4
Dropped 1 spots from last year
+9.2 above state avg
1,773 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Linden School
1.9 mi | #195 of 352 | Score: 40.9
Improved 32 spots from last year
-17.3 below state avg
805 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
0.7 mi
212 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.3 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
1.2 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $959
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

16-18 Meridian Parkway, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Anna Mean
Listing Office AC Realty
Office Phone 781-591-2256
Agent MLS ID CT006429
Office MLS ID AN1647
Listing Data Updated Oct 23, 2026 6:46 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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