Active
92 Days on market
722 Highland Ave Malden — Photo 1 of 42

722 Highland Ave Malden — Photo 1 of 42

$923,000

722 Highland Ave, Malden, MA 02148

Malden, MA 02148

Beds

4

Baths

3

SqFt

2,013

Style

2 Family - 2 Units Up/Down

Built

1880

Incredible location approximately 1 mile from Oak Grove Station, I-93, the hiking trails at Middlesex Fells Reservation, and walking distance to Fells Pond!! This well maintained two family home is ideal for an investor or for an owner occupant looking to occupy a one bedroom apartment. The 3 bedroom (second floor) unit is currently rented through Aug 2027 at $3,000 per month. The 1 bedroom (first floor) unit is rented via tenant at will for $1,950 per month and could be deliverd vacant. First floor unit contains a one bedroom apartment with a walk-in closet, a large mud room/bonus closet space, eat-in kitchen, in unit laundry, and private outdoor deck. Second unit contains 3 bedrooms on two floors, two bathrooms, in unit laundry, large open-concept living room that can also accomodate dining space, and two private outdoor balconies. The units are serviced by a parking lot in the back that can comfortably fit 3 cars, or 4 with a tandem spot. Main roof done in 2023. Please allow 24-48 hours notice for all showings!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$459/sqft
Local Avg (Malden)$403/sqft
14% AboveMarket Average

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

Property Details

Financials

Original Price$1,055,000
Annual Taxes$9,662

Parking

Garage0
Off-Street3

Interior Specifications

Total Rooms10
FireplacesNone
FlooringHardwood
BasementDirt Floor

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningResA

Property & Lot

Acres0.17
SqFt Lot7,320
Lot FeaturesSteep Slope

Amenities & Appliances

Range • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Highway Access • Public School • T-Station

Geography

Property History

Price Increase
$923,000

Was $899,900

Aug 11, 2026

MLS® 73533688

Price Drop
$899,900

Was $989,900

Jul 19, 2026

MLS® 73533688

Price Drop
$989,900

Was $1,055,000

Jun 21, 2026

MLS® 73533688

Listed
$1,055,000

Jun 10, 2026

MLS® 73533688

Expired
$3,100

Mar 15, 2026

MLS® 73462829

Expired
$995,000

Feb 20, 2026

MLS® 73457210

Listed
$3,100

Dec 15, 2025

MLS® 73462829

Listed
$995,000

Nov 21, 2025

MLS® 73457210

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: Elizabeth Errichetto

Listing Office: Coldwell Banker Realty - Boston

MLS® Number: 73533688

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