550 Main # 5, Malden MA 02148

Malden, MA 02148
$355,000
$349,900
Est. $2,751/month
1
Beds
1
Baths
558
Sq Ft
$627
Price/Sq Ft
1925
Year Built
1
Parking
20
Days on Market
For Sale Price Drop -$5,100 Listed Jul 22, 2026 • MLS# 73553348 Copied! • Updated Aug 9, 2026

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About this home

Bright and inviting one-bedroom condo in a fantastic downtown Malden location! This charming unit features high ceilings, gleaming hardwood floors, an open living and kitchen area, and an abundance of natural light from multiple windows. The well-appointed kitchen offers generous cabinetry, gas cooking, a dishwasher, and stainless-steel appliances. A spacious primary bedroom, central air, common coin-operated laundry, private basement storage, and one off-street parking space add to the convenience. Ideally situated near Malden Center T Station, restaurants, shops, and everything downtown Malden has to offer. A wonderful opportunity for an owner-occupant or investor!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
1.4%
Price Range

Property Timeline

Price Reduced
Aug 10, 2026
$349,900 $5,100 (-1.44%)
From $355,000 to $349,900 (-1.4%)
🏠
Listed for Sale
Jul 22, 2026
$355,000
Original listing
Agent: Maria Fabiano Office: Maria Fabiano Realty

Tax History

Year Taxes Assessment
2026 $3,584 $314,400

Financial Details

Annual Property Tax
$3,584
Tax Year 2026
HOA Fee
$483
Monthly
Assessed Value
$314,400

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1925
Living Area 558 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry In Basement, Common Area, In Building
Features Closet, Entrance Foyer

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $3,584
Assessed Value $314,400

HOA & Community

HOA Fee $483 Monthly
Fee Includes Water, Sewer, Insurance, Snow Removal, Trash, Reserve Funds
Amenities None
Optional Fee Includes None
Owner-Occupied Units 10
Down Payment Resource Eligible
Seller Disclosures Hoa Included $75.00 Parking Fee For Unassigned Spot Behind The Unit. Taxes Do Not Reflect The Malden Residential Exemption.
Possession None
Accepted Financing None
Structure Type ["Garden","Mid-Rise"]
Unit/Building 5
Sq Ft Source Public Record
Sq Ft Disclosures Measurements are for marketing purposes only and should be verified by buyer & buyers agent
Documents None
County Middlesex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1925
Bedrooms
1
Full Bathrooms
1
Living Area
558 sq ft
Total Rooms
3
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Closet, Entrance Foyer
Windows:
Basement: Y
Laundry: In Basement, Common Area, In Building
Security:

Construction & Materials

Year Built: 1925
Structure Type: Garden, Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
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
Cheverus Elementary School
0.2 mi
Grades PK-08
B-
Beebe School
0.6 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
B
Ferryway School
0.6 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
0.9 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
1.1 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
1.3 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-
Linden School
1.7 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
0.3 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.2 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
1.1 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

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
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $299
Homeowners Insurance $200
HOA Fee $483/mo
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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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

550 Main # 5, Malden MA 02148

Malden, MA 02148

Listing Information

Listing Agent Maria Fabiano
Listing Office Maria Fabiano Realty
Office Phone 781-369-7015
Agent MLS ID B8000236
Office MLS ID AN3128
Listing Data Updated Aug 9, 2026 10:34 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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