Active
2 Days on market
403-405 Ferry St Malden — Photo 1 of 28

403-405 Ferry St Malden — Photo 1 of 28

$1,279,000

403-405 Ferry St, Malden, MA 02148

Malden, MA 02148

Beds

9

Baths

3

SqFt

4,726

Style

3 Family

Built

1900

Exceptional 3-family investment opportunity in a desirable Malden neighborhood, offering 4,726 sq. ft. of total living area plus an unfinished fourth-floor grandfathered in-law space with an 800-to-1,000 sq. ft. open-plan layout. Each of the three primary units features 1,445 sq. ft. comprising three bedrooms, a large eat-in kitchen, family and dining rooms, a full bathroom, and storage. The 1st-floor unit features an open layout with sliding glass doors opening to a deck and backyard, while the 2nd and 3rd floors have been updated with new flooring, modern kitchens, and refreshed bathrooms. Well-maintained mechanical systems include brand-new oil heating systems and tanks, separately metered utilities, and a full walk-out basement with separate laundry hookups. Complete with 5 to 6 off-street parking spaces, the property is ideally located just one block from Ferry Way Elementary School, 0.9 miles from the Orange Line subway and Town Center, right along an MBTA bus route, with quick access to I-93 and I-95.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$271/sqft
Local Avg (Malden)$382/sqft
29% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Malden, MA.

Property Details

Financials

Original Price$1,279,000
Annual Taxes$10,786

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms18
FireplacesNone
FlooringTile, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingOil
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter
ZoningResA

Property & Lot

Acres0.15
SqFt Lot6,490
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator • Freezer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Property History

Listed
$1,279,000

Sep 8, 2026

MLS® 73573631

Expired
$1,279,000

Jul 31, 2026

MLS® 73524784

Listed
$1,279,000

May 27, 2026

MLS® 73524784

Population

65,906

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$101K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Sinous Realty Team

Listing Office: Keller Williams Realty

MLS® Number: 73573631

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