323 Bainbridge St, Malden MA 02148
Malden, MA 02148 • Forestdale
$1,050,000
Est. $6,432/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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Open House Schedule
26
Sep
Saturday, September 26
11:00 AM - 12:30 PM EDT
27
Sep
Sunday, September 27
12:00 PM - 1:30 PM EDT
About this home
Turn-key two family. Two units, two levels each. One is vacant and ready for you. This Forestdale home fits an owner occupant or an investor. Move into the open unit and let the other help pay the mortgage. Or set your own rent from day one and run it as a full income property. Owner occupants may qualify for Malden's residential tax exemption. Unit 1 lives like a townhouse. The main floor has a great layout, hardwood floors, and a kitchen with quartz counters and stainless steel appliances. A spiral staircase leads down to a finished walk-out lower level with a second full bath, flexible living space, and laundry. Unit 2 takes the top two floors. The living room opens to a cathedral ceiling kitchen with a skylight. It has three bedrooms, one on the main level and two on the upper level, plus laundry in the unit. Each unit has its own entrance and its own high-efficiency gas system for heat and on-demand hot water. The fenced, two-tier paver patio gives you room to cook out, relax, and entertain. It has raised garden beds and a screened gazebo. There is no grass to mow, so upkeep stays easy. You also get four off-street parking spaces on a 5,044 square foot lot. The location does the rest. Oak Grove Station is about 0.8 miles away with the Orange Line and the Haverhill commuter rail. Malden Center is about 1.3 miles. Recent MBTA track and signal work means faster trains into Boston. Route 1, I-93, and Logan Airport are all close. Pine Banks Park is nearby with 108 acres of trails, ball fields, and a dog park. Trafton Park, the Middlesex Fells, and the Northern Strand bike trail are close too. Downtown Malden's restaurants are minutes away, and the new Malden River Works park opens this October. Forestdale School, K to 8, is about half a mile away. MelroseWakefield Hospital is a short drive. And Bainbridge Street is a local favorite on Halloween night. Take the 3D tour. Showings start September 26. Excellent turn-key opportunity!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 22, 2026
$1,050,000
Original listing
Agent: Gregory Anderson
Office: A. C. B. Realty Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/22/2026 | 🏠 Listed for Sale | $1,050,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $11,066 | $970,700 |
Financial Details
Annual Property Tax
$11,066
Tax Year 2026
Assessed Value
$970,700
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1890
Living Area
3,297 sq ft
Lot Size
0.12 acres
Stories
4
Bedrooms
5
Full Baths
3
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$3,500/mo · Y
Total Monthly Rent
$3,500/mo
Gross Income
$42,000
Net Operating Income
$38,836
Operating Expenses
$3,164
Water/Sewer Expense
$880
Insurance Expense
$2,284
Cap Rate
3.70%
Interior
Heating
Baseboard, Hot Water, Natural Gas
Cooling
Window Unit(s)
Flooring
Vinyl, Hardwood
Appliances
Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Range
Fireplace
None
Basement
Full, Finished, Walk-out Access, Interior Entry
Laundry
Washer & Dryer Hookup
Features
Ceiling Fan(s), Storage, Stone/granite/solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Shower Stall, Bathroom With Tub, Smart Thermostat, Remodeled, Cathedral/vaulted Ceilings, Living Room, Kitchen, Laundry Room, Living Rm/dining Rm Combo, Office/den, Dining Room
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters, Garden
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch, Patio
Parking
Features
Off Street
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$11,066
Assessed Value
$970,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Some Photos Are Virtually Staged For Marketing Purposes. Unit 2 Tenant Occupied, Lease Through 7/31/27. Unit 1 Is Vacant.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
White
Sq Ft Source
Public Record
Sq Ft Disclosures
Total includes 672 sq ft finished lower level per public record. Above grade 2,625 sq ft.
Documents
None
County
Middlesex
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1890
Bedrooms
5
Full Bathrooms
3
Living Area
3,297 sq ft
Total Rooms
14
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,625 sq ft above grade
672 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch, Patio
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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:
Vinyl, Hardwood
Appliances:
Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range
Interior Features:
Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub, Smart Thermostat, Remodeled, Cathedral/Vaulted Ceilings, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den, Dining Room
Windows:
Skylight(s)
Basement:
Full, Finished, Walk-Out Access, Interior Entry
Laundry:
Washer & Dryer Hookup
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Baseboard, Hot Water, Natural Gas
Heating Zones:
4
Cooling:
Window Unit(s)
Hot Water:
Natural Gas, Tankless
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Rain Gutters, Garden
Patio & Porch:
Porch, Patio
Fencing:
Fenced
Other Structures:
Shed(s), Gazebo
Lot Features:
Gentle Sloping
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
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
8 schools
B
Forestdale School
0.6 mi
|
#178 of 352
|
Score: 42.1
Dropped 5 spots from last year
-16.1 below state avg
496 students
Very Diverse
Diverse Student Body
Grades K-08
C-
Salemwood School
0.6 mi
|
#286 of 352
|
Score: 32.9
Dropped 32 spots from last year
-25.3 below state avg
925 students
Very Diverse
Diverse Student Body
Grades K-08
Cheverus Elementary School
0.6 mi
Grades PK-08
A
Mystic Valley Regional Charter School
0.9 mi
|
#51 of 346
|
Score: 67.4
Dropped 1 spots from last year
+9.2 above state avg
1,773 students
Very Diverse
High Graduation Rate
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades K-12
B
Ferryway School
0.9 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
B-
Beebe School
1.1 mi
|
#191 of 352
|
Score: 41.2
Dropped 45 spots from last year
-17 below state avg
919 students
Very Diverse
Diverse Student Body
Grades K-08
B-
Linden School
1.4 mi
|
#195 of 352
|
Score: 40.9
Improved 32 spots from last year
-17.3 below state avg
805 students
Very Diverse
Rising School
Diverse Student Body
Grades K-08
Malden Early Learning Center
0.2 mi
212 students
Very Diverse
Diverse Student Body
Grades PK
High Schools
2 schools
C+
Malden High School
0.6 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
0.9 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown
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Property Tax
$922
Homeowners Insurance
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95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
Forestdale
323 Bainbridge St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Gregory Anderson
Listing Office
A. C. B. Realty Inc.
Office Phone
781-356-2552
Agent MLS ID
NB113547
Office MLS ID
AC0273
Listing Data Updated
Sep 23, 2026 12:21 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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