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722 Highland Ave, Malden MA 02148

Malden, MA 02148
$1,055,000
$899,900
Est. $5,556/month
4
Beds
3
Baths
2,013
Sq Ft
$447
Price/Sq Ft
0.17
Acres
1880
Year Built
3
Parking
40
Days on Market
Active Price Drop -$155,100 Listed Jun 10, 2026 • MLS# 73533688 Copied! • Updated Jul 19, 2026

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. 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

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%
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
Construction None
Architecture None
Roof None
Features Balcony/deck
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,662
Assessed Value $847,500
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
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) 39 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

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

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

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

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 19, 2026 3:42 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

Steven Novak

BMN Boston Real Estate

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