Active
101 Days on market
468 Salem St Malden — Photo 1 of 42

468 Salem St Malden — Photo 1 of 42

$1,375,000

468 Salem St, Malden, MA 02148

Malden, MA 02148

Beds

6

Baths

4

SqFt

2,671

Style

4 Family

Built

1930

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.

Immersive Experience

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$515/sqft
Local Avg (Malden)$363/sqft
42% AboveMarket Average

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

Property Details

Financials

Original Price$1,375,000
Annual Taxes$10,462

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms16
FireplacesNone
FlooringHardwood
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningResA

Property & Lot

Acres0.13
SqFt Lot5,750
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Laundromat • Bike Path

Geography

Property History

Sold
$2,150

Jun 22, 2026

MLS® 73482161

Listed
$1,375,000

Jun 1, 2026

MLS® 73527683

Sold
$2,100

May 15, 2026

MLS® 73482174

Listed
$2,100

Mar 3, 2026

MLS® 73482174

Listed
$2,150

Mar 3, 2026

MLS® 73482161

Sold
$2,500

Jun 26, 2025

MLS® 73371910

Sold
$2,100

Jun 2, 2025

MLS® 73380405

Listed
$2,100

May 27, 2025

MLS® 73380405

Sold
$2,100

May 14, 2025

MLS® 73371251

Listed
$2,500

May 8, 2025

MLS® 73371910

Listed
$2,100

May 7, 2025

MLS® 73371251

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: Mission Impossible Team

Listing Office: United Brokers

MLS® Number: 73527683

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