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229 Pearl St, Malden MA 02148

Malden, MA 02148
$999,900
Est. $5,972/month
5
Beds
3
Baths
2,742
Sq Ft
$365
Price/Sq Ft
0.13
Acres
1880
Year Built
3
Parking
17
Days on Market
Pending Listed May 28, 2026 • MLS# 73526251 Copied! • Updated Jun 15, 2026

About this home

Rare opportunity to own a well-maintained 2 family home in the heart of Malden situated on a large corner LOT w/ample off street parking, just a 12-minute walk to Malden Center Station with easy access to the Orange Line, restaurants, shops, and downtown Malden Ctr./ Boston. Proudly owned by the same family for over 65 years, this property has been lovingly cared for and offers strong bones, timeless character, and incredible potential for updates and customization. Each unit features spacious layouts, generous natural light, and classic details throughout. This home presents an excellent opportunity for investors, owner-occupants, or multigenerational living. Conveniently located near parks, schools, and major routes, this is a chance to bring new vision to a solid property in one of Malden’s most commuter-friendly neighborhoods.

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

Property Timeline

Pending Sale
Jun 15, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 28, 2026
$999,900
Original listing
Agent: Kenneth Celano Office: Turn Key Realty

Tax History

Year Taxes Assessment
2025 $8,588 $758,700

Financial Details

Annual Property Tax
$8,588
Tax Year 2025
Assessed Value
$758,700

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1880
Living Area 2,742 sq ft
Lot Size 0.13 acres
Bedrooms 5
Full Baths 3
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Basement Full, Concrete, Unfinished
Laundry None
Features None
Construction Stone
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Off Street
Total Spaces 3
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $8,588
Assessed Value $758,700
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Separate Heat And Electric For Each Unit. Roof Around 20 Years Old. Basement Was Waterproofed.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1880
Bedrooms
5
Full Bathrooms
3
Living Area
2,742 sq ft
Total Rooms
11
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows:
Basement: Full, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Stone
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street
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

8 schools
B-
Beebe School
0.4 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
Cheverus Elementary School
0.7 mi
Grades PK-08
B
Ferryway School
0.9 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
D
Salemwood School
1.5 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
B-
Forestdale School
1.8 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
A
Mystic Valley Regional Charter School
2.0 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-
Linden School
2.4 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
1.0 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.8 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
Malden Catholic High School
1.6 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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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 $716
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

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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

229 Pearl St, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Kenneth Celano
Listing Office Turn Key Realty
Office Phone 781-264-3992
Agent MLS ID BB953906
Office MLS ID AN0610
Listing Data Updated Jun 15, 2026 10:19 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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Steven Novak
Steven Novak
BMN Boston Real Estate
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BMN Boston Real Estate

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