16 Fairview Terrace, Malden MA 02148
Malden, MA 02148
$849,000
$829,000
Est. $5,057/month
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Open House Schedule
15
Aug
Saturday, August 15
10:00 AM - 11:30 AM EDT
About this home
Fully Updated Two-Family in Malden’s highly sought-after Maplewood neighborhood! Nestled on a quiet dead-end street, this well-maintained 2 family home offers the perfect blend of comfort, convenience, and investment potential. Featuring approximately 1,712 sq ft of living space, this property includes 5 bedrooms and 2 full bathrooms across two units, ideal for owner-occupants or investors seeking rental income. The first-floor unit showcases a beautifully renovated layout with an open floor plan, gleaming hardwood floors, abundant natural light, and fresh updates throughout. Situated just minutes from MBTA public transportation, shopping, dining, and major routes, this home offers both suburban tranquility and urban accessibility. A rare opportunity to own in a desirable neighborhood!
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2.4%
Price Range
Property Timeline
Price Reduced
Aug 12, 2026
$829,000
$20,000
(-2.36%)
From $849,000 to $829,000 (-2.4%)
Listed for Sale
Jul 23, 2026
$849,000
Original listing
Agent: Mario Pavli
Office: Boston Advanced Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/12/2026 | ↓ Price Reduced | $829,000 | $20,000 | - | From $849,000 to $829,000 (-2.4%) |
| 07/23/2026 | 🏠 Listed for Sale | $849,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,982 | $0 |
Financial Details
Annual Property Tax
$7,982
Tax Year 2025
Assessed Value
$0
Facts & Features
1 Car Garage
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1900
Living Area
1,712 sq ft
Lot Size
0.07 acres
Stories
3
Bedrooms
4
Full Baths
2
Total Rooms
6
Investment Metrics
Units
2
Unit 1 Rent
$2,000/mo · N
Unit 2 Rent
$3,000/mo · N
Total Monthly Rent
$5,000/mo
Gross Income
$60,000
Net Operating Income
$60,000
Cap Rate
7.24%
Interior
Heating
None
Cooling
None
Flooring
Wood
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
Living Room, Kitchen, Laundry Room
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Paved Drive, Off Street
Total Spaces
3
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$7,982
Assessed Value
0.00
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Is Vacant.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
20 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,712 sq ft
Total Rooms
6
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,712 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Interior Features:
Living Room, Kitchen, Laundry Room
Windows:
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
3
Parking Features:
Paved Drive, Off Street
Nearby Schools
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
Elementary Schools
3 schools
D
Salemwood School
0.2 mi
|
#324 of 352
|
Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students
Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
0.3 mi
|
#52 of 346
|
Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students
Very Diverse
High Graduation Rate
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades K-12
B-
Forestdale School
0.5 mi
|
#185 of 352
|
Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students
Very Diverse
Diverse Student Body
Grades K-08
Middle Schools
2 schools
C
Susan B. Anthony Middle School
1.8 mi
|
#260 of 352
|
Score: 35.7
Improved 6 spots from last year
-22.5 below state avg
545 students
Diverse
Grades 06-08
A-
Melrose Middle School
2.3 mi
|
#92 of 352
|
Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students
Moderate
Grades 06-08
High Schools
3 schools
Malden Catholic High School
0.5 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
0.9 mi
|
#226 of 346
|
Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students
Very Diverse
14 sports
• 856 athletes
Early College Program
Rising School
Diverse Student Body
Grades 09-12
C+
Everett High School
1.3 mi
|
#233 of 346
|
Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students
Diverse
17 sports
• 1,298 athletes
Rising School
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
Learn about these ratings
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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
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$665
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
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
16 Fairview Terrace, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Mario Pavli
Listing Office
Boston Advanced Realty, LLC
Office Phone
857-334-5827
Agent MLS ID
CT003106
Office MLS ID
AN1817
Listing Data Updated
Aug 12, 2026 6:01 PM 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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