21 Medford St., Malden MA 02148

Malden, MA 02148
$1,350,000
Est. $7,937/month
9
Beds
6
Baths
3,617
Sq Ft
$373
Price/Sq Ft
0.26
Acres
1900
Year Built
7
Parking
2 hours 41 minutes
Time on Market
Active Listed Jul 22, 2026 • MLS# 73553843 Copied! • Updated Jul 22, 2026

About this home

Unique opportunity to own a renovated 3-Family home on a massive 11,154 sq./ft. lot. Whether you're seeking a strong income-producing asset, a parcel large enough to accommodate future redevelopment, or an owner-occupied investment property with a huge backyard, 21 Medford St. provides buyers with a wide range of possibilities. Recently refurbished in 2024 - the building consists of three (3) turn-key apartments that have consistently generated over $9,000/month at full occupancy. Each unit offers 3 bedrooms, 2 full bathrooms, in-unit laundry and an updated kitchen equipped with granite countertops and stainless-steel appliances. Open concept floorplans, recessed lighting and hardwood flooring can be found throughout. Outside, four (4) unencumbered street-level parking spots are positioned on the right-hand side of the house. On the left-hand-side, a long three (3) car driveway extends down toward the rear of the lot, abutting the backyard.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 23, 2026
$1,350,000
Original listing
Agent: Joe Danisch Office: Coelho Realty Group LLC

Tax History

Year Taxes Assessment
2026 $10,927 $958,500

Financial Details

Annual Property Tax
$10,927
Tax Year 2026
Assessed Value
$958,500

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,617 sq ft
Lot Size 0.26 acres
Bedrooms 9
Full Baths 6
Total Rooms 16

Investment Metrics

Units 3
Unit 1 Rent $3,000/mo · Y
Unit 2 Rent $3,200/mo · N
Unit 3 Rent $3,150/mo
Total Monthly Rent $9,350/mo
Gross Income $112,200
Net Operating Income $112,200
Cap Rate 8.31%
Heating None
Cooling None
Flooring Vinyl, Varies, Hardwood
Appliances None
Fireplace None
Basement Partial, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Patio - Enclosed
Features Off Street, Assigned
Total Spaces 7
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,927
Assessed Value $958,500
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Gross Income Is Reflective Of Total Rent Roll When All Three Units Were Rented Earlier This Year. One Of The Units Is Presently Vacant And That Particular Unit Has A Letter Of Full Deleading Compliance. Status Of Lead-based Paint In Other Two Units Is Unknown.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Measured
Documents None
County Middlesex

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
6
Living Area
3,617 sq ft
Total Rooms
16
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Vinyl, Varies, Hardwood
Appliances:
Interior Features:
Windows:
Basement: Partial, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Patio - Enclosed
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface:

Parking & Garage

Total Parking Spaces: 7
Parking Features: Off Street, Assigned

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $911
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

21 Medford St., Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Joe Danisch
Listing Office Coelho Realty Group LLC
Office Phone 617-893-1717
Agent MLS ID CN231365
Office MLS ID AN4865
Listing Data Updated Jul 22, 2026 10:52 PM 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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