468 Salem St, Malden MA 02148

Malden, MA 02148

$1,375,000

Est. $8,025/month

Beds

Baths

2,671

Sq Ft

$515

Price/Sq Ft

0.13

Acres

1930

Year Built

4 Family

Type

11 hours 17 minutes

Time on Market

Active Listed Jun 1, 2026 • MLS# 73527683 Copied!

About this home

Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.

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Property Overview

Property Type

4 Family

Listing Type

For Sale

Year Built

1930

Bedrooms

Full Bathrooms

Living Area

2,671 sq ft

Total Rooms

Stories

Levels

Facts & Features

Home Facts

Type Residential Income

Style 4 Family

Year Built 1930

Living Area 2,671 sq ft

Lot Size 0.13 acres

Bedrooms 6

Full Baths 4

Total Rooms 16

Interior

Heating None

Cooling None

Flooring Hardwood

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Paved Drive

Utilities

Electric Circuit Breakers, Individually Metered

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $10,462

Assessed Value $924,200

Interior Features

Flooring: Hardwood

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1930

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Concrete Perimeter

Stories: 4

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water: Propane Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features: Paved Drive

Location

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Neighborhood

468 Salem St, Malden MA 02148

Malden, MA 02148

Walkability

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Nearby Schools

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

Elementary Schools

3 schools

Salemwood School

< 0.1 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

Mystic Valley Regional Charter School

0.5 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

Malden Early Learning Center

0.6 mi

238 students Very Diverse

Diverse Student Body

Grades PK

Middle Schools

1 school

Susan B. Anthony Middle School

1.8 mi | #260 of 352 | Score: 35.7

Improved 6 spots from last year

-22.5 below state avg

545 students Diverse

Grades 06-08

High Schools

3 schools

Malden Catholic High School

0.5 mi

19 sports • 2,126 athletes

Strong Athletics

Grades 09-12

C+

Malden High School

0.7 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

C+

Everett High School

1.3 mi | #233 of 346 | Score: 48.1

Improved 42 spots from last year

-10.1 below state avg

2,307 students Diverse

17 sports • 1,298 athletes

Rising School Career Tech Programs College Ready Curriculum Strong Athletics

Grades 09-12

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Homeowners Insurance $200

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Year 1

95% Interest

Year 15

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95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Jun 1, 2026

$1,375,000

Original listing

Agent: Mission Impossible Team Office: United Brokers

Date	Event	Price	Change	$/sqft	Details
06/01/2026	🏠 Listed for Sale	$1,375,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 1, 2026	New Listing Added	$1,375,000	—

Market Statistics

Time on Market

11 hours 17 minutes

Price per Sq Ft

$515

Tax History

Year	Taxes	Assessment
2025	$10,462	$924,200

Financial Details

Annual Property Tax

$10,462

Tax Year 2025

Assessed Value

$924,200

Listing Information

Listing Agent Mission Impossible Team

Listing Office United Brokers

Agent MLS ID TEAM0361

Office MLS ID BB9067

Listing Data Updated Jun 1, 2026 2:13 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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468 Salem St, Malden MA 02148

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

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Loan Summary

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