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22 Stearns St, Malden MA 02148

Malden, MA 02148
$849,900
Est. $5,192/month
5
Beds
2
Baths
1,789
Sq Ft
$475
Price/Sq Ft
0.14
Acres
1900
Year Built
6
Parking
13 hours 13 minutes
Time on Market
Active Open House Listed Jul 6, 2026 • MLS# 73545008 Copied! • Updated Jul 6, 2026

Open House Schedule

11
Jul
Saturday, July 11
11:30 AM - 1:30 PM EDT
12
Jul
Sunday, July 12
11:30 AM - 1:30 PM EDT

About this home

Beautifully renovated two-family property offering an ideal opportunity for owner-occupants or investors. Renovated in 2020, this turnkey home features a spacious 4-bedroom unit and a 1-bedroom unit, both with modern kitchens, updated baths, stylish finishes, and abundant natural light. The larger unit includes a generous walk-in closet, while four energy-efficient mini-split systems provide year-round comfort. Shared laundry with washer and dryer is located in the basement. Conveniently located near restaurants, parks, shopping, public transportation, and commuter routes. Investor pro forma projects approximately $74,400 in annual gross rental income. Architectural plans are available for a proposed approximately 20' × 30' ADU, offering the potential to further increase rental income and returns (subject to buyer due diligence and city approval). Property is being sold as-is. Submit an offer and move right in, both units vacant!

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Recently Sold Nearby

Property History

Market Insights

32.9%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Jul 6, 2026
$849,900
Original listing
Agent: Patty Hoang Office: PRIVI Realty LLC
Previous Transaction - MLS #72622789
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 30, 2020
$570,000
MLS #72622789

Tax History

Year Taxes Assessment
2026 $8,332 $730,900

Financial Details

Annual Property Tax
$8,332
Tax Year 2026
Assessed Value
$730,900

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1900
Living Area 1,789 sq ft
Lot Size 0.14 acres
Bedrooms 5
Full Baths 2
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent $2,200/mo · N
Unit 2 Rent $4,000/mo · N
Total Monthly Rent $6,200/mo
Gross Income $74,400
Net Operating Income $68,938
Operating Expenses $5,462
Water/Sewer Expense $1,000
Insurance Expense $2,462
Cap Rate 8.11%
Heating Ductless
Cooling Ductless
Flooring Wood, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement Bulkhead, Unfinished
Laundry None
Features Upgraded Cabinets, Upgraded Countertops, Walk-in Closet(s), Bathroom With Tub, Living Room, Kitchen
Construction Frame
Architecture None
Roof None
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street, Paved
Total Spaces 6
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,332
Assessed Value $730,900
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures All Information Deemed Reliable But Not Guaranteed. Buyers And Agents To Verify All Information And Perform Due Diligence. Property Sold As-is. Seller May Accept An Offer At Any Time. Some Photos Are Ai-generated For Illustration; Scale May Vary. Rents And Income Are Projected.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
1,789 sq ft
Total Rooms
9
Stories
3
Levels
3

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: Wood, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub, Living Room, Kitchen
Windows:
Basement: Bulkhead, Unfinished
Laundry:
Security:

Construction & Materials

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

Heating, Cooling & Utilities

Heating: Ductless
Heating Zones: 6
Cooling: Ductless
Cooling Zones: 4
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:
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, 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
B
Ferryway School
0.3 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Cheverus Elementary School
0.3 mi
Grades PK-08
D
Salemwood School
0.7 mi | #324 of 352 | Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students Diverse
Diverse Student Body
Grades K-08
B-
Beebe School
0.9 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
1.1 mi | #52 of 346 | Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Forestdale School
1.1 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
B-
Linden School
1.5 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
0.5 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.2 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
0.8 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $694
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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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

22 Stearns St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Patty Hoang
Listing Office PRIVI Realty LLC
Office Phone 508-468-4329
Agent MLS ID CN216252
Office MLS ID AN6354
Listing Data Updated Jul 6, 2026 11:54 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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