$1,375,000
468 Salem St
Malden, MA, 02148
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.
Property Details
Price:
$1,375,000
MLS #:
73527683
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Jun 1, 2026
Finished Sq Ft:
2,671
Total Sq Ft:
2,671
Lot Size:
5,750 sqft / 0.13 acres (approx)
Year Built:
1930
Units:
4
Schools
Interior
Above Grade Finished Area
2671
Bathrooms
4 Full Bathrooms
Flooring
Hardwood
Levels
4
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Public School, T-Station
Construction Materials
Frame
Open Parking YN
1
Parking Features
Paved Drive
Roof
Shingle
Stories
4
Financial
Tax Year
2025
Taxes
$10,462
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Malden as of Jul 17, 2026
38
Multi Family Listed
55
Avg DOM
381
Avg $ / SqFt
$1,197,797
Avg List Price
Community
- Address468 Salem St Malden MA
- CityMalden
- CountyMiddlesex
- Zip Code02148
Subdivisions in Malden
Similar Listings Nearby
Property Summary
- 468 Salem St Malden MA is a Multi Family for sale in Malden, MA, 02148. It is listed for $1,375,000 To schedule a showing of MLS#73527683 at 468 Salem St in Malden, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of United Brokers. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
468 Salem St
Malden, MA