108 Madison St, Malden MA 02148

Malden, MA 02148 • Bell Rock
$999,000
Est. $6,018/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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7
Beds
3.5
Baths
2,824
Sq Ft
$354
Price/Sq Ft
0.06
Acres
1910
Year Built
2
Parking
New today
Time on Market
For Sale Open House Listed Oct 21, 2026 • MLS# 73593446 Copied! • Updated Oct 22, 2026

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Open House Schedule

25
Oct
Sunday, October 25
11:00 AM - 12:30 PM EDT
24
Oct
Saturday, October 24
11:00 AM - 12:30 PM EDT
23
Oct
Friday, October 23
11:00 AM - 12:30 PM EDT

About this home

Discover the possibilities in a prime Malden location! This side-by-side two-family home offers flexible living arrangements, spacious layouts, and the potential to make the property your own. Both units feature three levels of living space and hardwood floors. Unit 1 is vacant and ready for its next owner or tenant. The first floor features a living room and dining room combination, full bathroom, and kitchen. Upstairs, the second floor offers three bedrooms and another full bathroom, while the top floor provides a fourth bedroom with added flexibility for guests, a home office, or additional living space. Unit 2 offers an opportunity to generate rental income from day one, with established tenants paying $3,250 per month through June 2027. The first floor features a combined living and dining room, a half bathroom, and a kitchen. The second floor offers two bedrooms, a den or home office, and a full bathroom, while the top floor features a third bedroom. Both units also offer basement laundry, and the property includes two off-street parking spaces. Conveniently located near the Northern Strand Community Trail and Green Street Park, with easy access to the Orange Line, downtown Malden’s shops and restaurants, Assembly Row, Encore Boston Harbor, and major routes into Boston. Whether you’re looking to expand your investment portfolio, owner-occupy while generating rental income, or explore the possibilities of a two-family property, 108 Madison Street is an opportunity worth exploring.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 21, 2026
$999,000
Original listing
Agent: Wilson Group Office: Keller Williams Realty

Tax History

Year Taxes Assessment
2026 $9,203 $0

Financial Details

Annual Property Tax
$9,203
Tax Year 2026
Assessed Value
$0

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Side by Side
Year Built 1910
Living Area 2,824 sq ft
Lot Size 0.06 acres
Stories 6
Bedrooms 7
Full Baths 3
Half Baths 1
Total Rooms 12

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $3,250/mo · Y
Total Monthly Rent $3,250/mo
Gross Income $39,000
Net Operating Income $39,000
Cap Rate 3.90%
Heating Central, Forced Air, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Trash Compactor, Range Hood
Fireplace None
Basement Full, Bulkhead, Concrete, Unfinished
Laundry None
Features Laundry Room, Mudroom, Ceiling Fan(s), Lead Certification Available, Storage, Stone/granite/solid Counters, Upgraded Countertops, Bathroom With Shower Stall, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Dining Room, Kitchen, Living Rm/dining Rm Combo
Construction None
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Patio
Features Paved Drive, Off Street, Paved
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,203
Assessed Value 0.00
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Certified Treated
Seller Disclosures Unit 2 (right Side) Is Occupied And Is Only Available To Show On Friday 10/23.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
2 Family - 2 Units Side by Side
Listing Type
For Sale
Year Built
1910
Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,824 sq ft
Total Rooms
12
Stories
6
Levels
6

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Trash Compactor, Range Hood
Interior Features: Laundry Room, Mudroom, Ceiling Fan(s), Lead Certification Available, Storage, Stone/Granite/Solid Counters, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Windows:
Basement: Full, Bulkhead, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof: Shingle, Rubber
Foundation: Other
Stories: 6

Utilities & Systems

Heating: Central, Forced Air, Natural Gas
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Patio
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Corner Lot
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street, Paved
School District
Malden School District local
B
✓ School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
↓ 3.9% below state avg
E

Elementary Schools

3 schools
Cheverus Elementary School
0.4 mi
Grades PK-08
B
Ferryway School
0.5 mi | #167 of 352 | Score: 43.0
Improved 22 spots from last year
-15.2 below state avg
923 students Very Diverse
Rising School Diverse Student Body
Grades K-08
C-
Madeline English School
0.5 mi | #312 of 352 | Score: 30.7
Improved 29 spots from last year
-27.6 below state avg
683 students Moderate
Rising School
Grades K-08
M

Middle Schools

2 schools
B-
John J. McGlynn Middle School
1.3 mi | #210 of 352 | Score: 39.9
Improved 26 spots from last year
-18.4 below state avg
439 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Madeleine Dugger Andrews Middle School
1.6 mi | #132 of 352 | Score: 45.9
Improved 28 spots from last year
-12.3 below state avg
438 students Diverse
Rising School
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
0.5 mi | #225 of 346 | Score: 49.9
Improved 73 spots from last year
-8.3 below state avg
1,792 students Very Diverse
14 sports • 856 athletes
Strong AP Program Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
1.3 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
C
Everett High School
1.4 mi | #247 of 346 | Score: 47.3
Improved 28 spots from last year
-10.9 below state avg
2,210 students Diverse
17 sports • 1,298 athletes
Rising School Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $767
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
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Current Rate
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+0.5% Rate
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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

Bell Rock

108 Madison St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Wilson Group
Listing Office Keller Williams Realty
Office Phone 617-969-9000
Agent MLS ID TM300562
Office MLS ID BB5962
Listing Data Updated Oct 22, 2026 3:30 AM 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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Steve Novak Real Estate
Steve Novak Real Estate
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