48 Tremont Street, Malden MA 02148

Malden, MA 02148
$2,400,000
$2,250,000
Est. $12,961/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
9
Baths
5,888
Sq Ft
$382
Price/Sq Ft
0.15
Acres
1920
Year Built
3
Garage Spaces
274
Days on Market
For Sale Price Drop -$150,000 Listed Dec 11, 2025 • MLS# 73461791 Copied! • Updated Sep 4, 2026

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About this home

Location, Location, Location!! Exceptional - 9 family apartment building. Great investment opportunity. On the bus line. Close to downtown Malden. Less than one mile from Malden Center T Station - the orange line. Complex consists of two studios, five one bedrooms and two one bedroom plus office room. Large parking lot with three garages. Fully occupied building. Perfect for 1031 exchange.

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
6.3%
Price Range

Property Timeline

Price Reduced
Apr 12, 2026
$2,350,000 $50,000 (-2.08%)
From $2,400,000 to $2,350,000 (-2.1%)
🏠
Listed for Sale
Dec 12, 2025
$2,250,000
Original listing
Agent: Maria DiPierro Office: Atlantic Realty Services
🏠
Listed for Sale
Dec 12, 2025
$2,400,000
Original listing
Agent: Maria DiPierro Office: Atlantic Realty Services

Tax History

Year Taxes Assessment
2025 $16,602 $1,466,600

Financial Details

Annual Property Tax
$16,602
Tax Year 2025
Assessed Value
$1,466,600

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1920
Living Area 5,888 sq ft
Lot Size 0.15 acres
Stories 4
Bedrooms 7
Full Baths 9
Total Rooms 29

Investment Metrics

Units 9
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 3
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 12
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $16,602
Assessed Value $1,466,600
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 267 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
7
Full Bathrooms
9
Living Area
5,888 sq ft
Total Rooms
29
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Block, Brick/Mortar
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 12
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
Malden Early Learning Center
0.1 mi
212 students Very Diverse
Diverse Student Body
Grades PK
Cheverus Elementary School
0.3 mi
Grades PK-08
B
Ferryway School
0.6 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
M

Middle Schools

3 schools
B-
John J. McGlynn Middle School
2.0 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
2.2 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
C
Susan B. Anthony Middle School
2.4 mi | #258 of 352 | Score: 35.7
Improved 8 spots from last year
-22.5 below state avg
537 students Diverse
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
0.2 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
C
Everett High School
1.5 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
$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 $1,384
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

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

48 Tremont Street, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Maria DiPierro
Listing Office Atlantic Realty Services
Office Phone 617-543-3607
Agent MLS ID NB112563
Office MLS ID AN7835
Listing Data Updated Sep 4, 2026 3:05 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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