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468 Salem St, Malden MA 02148

Malden, MA 02148
$1,375,000
Est. $8,025/month
6
Beds
4
Baths
2,671
Sq Ft
$515
Price/Sq Ft
0.13
Acres
1930
Year Built
39
Days on Market
Active Listed Jun 1, 2026 • MLS# 73527683 Copied! • Updated Jun 5, 2026

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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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jun 1, 2026
$1,375,000
Original listing
Agent: Mission Impossible Team Office: United Brokers

Tax History

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

Financial Details

Annual Property Tax
$10,462
Tax Year 2025
Assessed Value
$924,200

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

Investment Metrics

Units 4
Unit 1 Rent — · N
Unit 2 Rent — · Y
Unit 3 Rent — · Y
Unit 4 Rent — · Y
Heating None
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive
Electric Circuit Breakers, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,462
Assessed Value $924,200
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Seller Holds A Real Estate License. Buyers And Their Agents Are Encouraged To Perform Their Own Due Diligence And Independently Verify Any Information They Consider Material To Their Decision. No Warranties Expressed Nor Implied Neither From The Seller Nor From Agent Of Any Kind.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
6
Full Bathrooms
4
Living Area
2,671 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: 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

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 $872
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

468 Salem St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Mission Impossible Team
Listing Office United Brokers
Office Phone 781-629-2258
Agent MLS ID TEAM0361
Office MLS ID BB9067
Listing Data Updated Jun 5, 2026 2:45 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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BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
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