468 Salem St, Malden MA 02148
Malden, MA 02148
$1,375,000
Est. $8,025/month
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About this home
Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jun 1, 2026
$1,375,000
Original listing
Agent: Mission Impossible Team
Office: United Brokers
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/01/2026 | 🏠 Listed for Sale | $1,375,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,462 | $924,200 |
Financial Details
Annual Property Tax
$10,462
Tax Year 2025
Assessed Value
$924,200
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family
Year Built
1930
Living Area
2,671 sq ft
Lot Size
0.13 acres
Bedrooms
6
Full Baths
4
Total Rooms
16
Investment Metrics
Units
4
Unit 1 Rent
— · N
Unit 2 Rent
— · Y
Unit 3 Rent
— · Y
Unit 4 Rent
— · Y
Interior
Heating
None
Cooling
None
Flooring
Hardwood
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Utilities
Electric
Circuit Breakers, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,462
Assessed Value
$924,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Seller Holds A Real Estate License. Buyers And Their Agents Are Encouraged To Perform Their Own Due Diligence And Independently Verify Any Information They Consider Material To Their Decision. No Warranties Expressed Nor Implied Neither From The Seller Nor From Agent Of Any Kind.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
64 days
Property Overview
Property Type
4 Family
Listing Type
For Sale
Year Built
1930
Bedrooms
6
Full Bathrooms
4
Living Area
2,671 sq ft
Total Rooms
16
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,671 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:
Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1930
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
4
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Propane Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Paved Drive
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
< 0.1 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
0.5 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
Malden Early Learning Center
0.6 mi
238 students
Very Diverse
Diverse Student Body
Grades PK
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
2.4 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
0.7 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
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$872
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
Save $0/mo
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
468 Salem St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Mission Impossible Team
Listing Office
United Brokers
Office Phone
781-629-2258
Agent MLS ID
TEAM0361
Office MLS ID
BB9067
Listing Data Updated
Aug 4, 2026 4:19 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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