722 Highland Ave, Malden MA 02148
Malden, MA 02148
$1,055,000
$899,900
Est. $5,556/month
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About this home
Incredible location approximately 1 mile from Oak Grove Station, I-93, the hiking trails at Middlesex Fells Reservation, and walking distance to Fells Pond!! This well maintained two family home is available immediately and the three bed unit will be delivered vacant; the one bed unit is on a month-to-month lease. Perfect for owner occupancy, an investor, or even as an Airbnb! First floor unit contains a one bedroom apartment with a walk-in closet, a large mud room/bonus closet space, eat-in kitchen, in unit laundry, and private outdoor deck. Second unit contains 3 bedrooms on two floors, two bathrooms, in unit laundry, large open-concept living room that can also accomodate dining space, and two private outdoor balconies. The units are serviced by a parking lot in the back that can comfortably fit 3 cars, or 4 with a tandem spot. Main roof done in 2023. Please allow 24-48 hours notice for all showings!
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
14.7%
Price Range
Property Timeline
Price Reduced
Jul 19, 2026
$899,900
$90,000
(-9.09%)
From $989,900 to $899,900 (-9.1%)
Price Reduced
Jun 21, 2026
$989,900
$65,100
(-6.17%)
From $1,055,000 to $989,900 (-6.2%)
Listed for Sale
Jun 10, 2026
$1,055,000
Original listing
Agent: LIz Errichetto
Office: Serhant
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/19/2026 | ↓ Price Reduced | $899,900 | $90,000 | - | From $989,900 to $899,900 (-9.1%) |
| 06/21/2026 | ↓ Price Reduced | $989,900 | $65,100 | - | From $1,055,000 to $989,900 (-6.2%) |
| 06/10/2026 | 🏠 Listed for Sale | $1,055,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $9,662 | $847,500 |
Financial Details
Annual Property Tax
$9,662
Tax Year 2026
Assessed Value
$847,500
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1880
Living Area
2,013 sq ft
Lot Size
0.17 acres
Bedrooms
4
Full Baths
3
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$1,950/mo · N
Unit 2 Rent
— · N
Total Monthly Rent
$1,950/mo
Gross Income
$23,400
Net Operating Income
$23,400
Cap Rate
2.60%
Interior
Heating
Forced Air, Natural Gas
Cooling
Wall Unit(s)
Flooring
Hardwood
Appliances
Range, Refrigerator, Freezer, Washer, Dryer
Fireplace
None
Basement
Dirt Floor
Laundry
None
Features
Walk-in Closet(s), Bathroom With Tub & Shower, Slider, Ceiling Fan(s), Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
Exterior
Construction
None
Architecture
None
Roof
None
Features
Balcony/deck
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
3
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$9,662
Assessed Value
$847,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
48 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
3
Living Area
2,013 sq ft
Total Rooms
10
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,013 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:
Range, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Walk-In Closet(s), Bathroom With Tub & Shower, Slider, Ceiling Fan(s), Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
Windows:
Basement:
Dirt Floor
Laundry:
Security:
Construction & Materials
Year Built:
1880
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Cooling:
Wall Unit(s)
Hot Water:
Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Steep Slope
Road Surface:
Parking & Garage
Total Parking Spaces:
3
Parking Features:
Off Street
Nearby Schools
School information not available for this location.
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
$805
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
722 Highland Ave, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
LIz Errichetto
Listing Office
Serhant
Office Phone
617-250-0559
Agent MLS ID
CN245349
Office MLS ID
AN9455
Listing Data Updated
Jul 28, 2026 2:19 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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