Under contract

Price cut: $30K (7/27)

$819,900

22 Stearns St, Malden, MA 02148

5beds

1,789sqft

$5,248/mo

Get pre-qualified

2 Family - 2 Units Up/Down

Built in 1900

-- sqft lot

$807,800 Zestimate^®

$458/sqft

$-- HOA

What's special

Stylish finishesModern kitchensGenerous walk-in closetUpdated bathsAbundant natural light

Beautifully renovated two-family property offering an ideal opportunity for owner-occupants or investors. Renovated in 2020, this turnkey home features a spacious 4-bedroom unit and a 1-bedroom unit, both with modern kitchens, updated baths, stylish finishes, and abundant natural light. The larger unit includes a generous walk-in closet, while four energy-efficient mini-split systems provide year-round comfort. Shared laundry with washer and dryer is located in the basement. Conveniently located near restaurants, parks, shopping, public transportation, and commuter routes. Investor pro forma projects approximately $74,400 in annual gross rental income. Architectural plans are available for a proposed approximately 20' × 30' ADU, offering the potential to further increase rental income and returns (subject to buyer due diligence and city approval). Property is being sold as-is. Submit an offer and move right in, both units vacant!

42 days

1,315

73

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Ductless

Cooling

Ductless

Appliances

Included: Range, Dishwasher, Microwave, Refrigerator

Features

Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub, Living Room, Kitchen
Flooring: Wood, Hardwood
Basement: Bulkhead,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,789
Total interior livable area: 1,789 sqft
Finished area above ground: 1,789

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 6

Features

Patio & porch: Porch
Exterior features: Garden

Lot

Size: 6,299 Square Feet

Details

Parcel number: M:0086 B:0412 L:0203,596912
Zoning: ResA

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Frame
Foundation: Stone

Condition

Year built: 1900

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station

Location

Region: Malden

Financial & listing details

Price per square foot: $458/sqft
Tax assessed value: $730,900
Annual tax amount: $8,332
Date on market: 7/6/2026
Total actual rent: 6200

Estimated market value

$807,800

$767,000 - $848,000

$3,034/mo

Price history

Date	Event	Price
8/17/2026	Contingent	$819,900$458/sqft
Source: MLS PIN #73545008 Report a problem
7/31/2026	Listed for sale	$819,900$458/sqft
Source: MLS PIN #73545008 Report a problem
7/30/2026	Contingent	$819,900$458/sqft
Source: MLS PIN #73545008 Report a problem
7/27/2026	Price change	$819,900-3.5%$458/sqft
Source: MLS PIN #73545008 Report a problem
7/6/2026	Listed for sale	$849,900+49.1%$475/sqft
Source: MLS PIN #73545008 Report a problem
4/30/2020	Sold	$570,000-1.7%$319/sqft
Source: Public Record Report a problem
3/22/2020	Pending sale	$580,000$324/sqft
Source: Keller Williams Realty #72622789 Report a problem
3/19/2020	Listed for sale	$580,000$324/sqft
Source: Keller Williams Realty #72622789 Report a problem
3/4/2020	Pending sale	$580,000$324/sqft
Source: Keller Williams Realty #72622789 Report a problem
2/29/2020	Listed for sale	$580,000+44.9%$324/sqft
Source: Keller Williams Realty #72622789 Report a problem
7/16/2003	Sold	$400,350+31.3%$224/sqft
Source: Public Record Report a problem
12/18/2002	Sold	$305,000$170/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,580 +2.8%	$669,600 +6.2%
2024	$7,373 +3.6%	$630,700 +8.1%
2023	$7,114 +5.2%	$583,600 +6.6%
2022	$6,760 +5.5%	$547,400 +5%
2021	$6,407 +2.9%	$521,300 +5.9%
2020	$6,229 +2.1%	$492,400 +7.1%
2019	$6,102 +5.5%	$459,800 +12%
2018	$5,785 +4%	$410,600 +4.6%
2017	$5,562 +9.2%	$392,500 +16.8%
2016	$5,094 +3%	$336,000 +6.8%
2015	$4,947 +6.4%	$314,500 +8.9%
2014	$4,651 +7.2%	$288,900 +5.7%
2013	$4,340 +15.1%	$273,300 +3.8%
2012	$3,772 +2.1%	$263,200 -3.3%
2011	$3,696 -1.2%	$272,200 -9.9%
2010	$3,742 +3.6%	$302,000 -17.1%
2009	$3,611 -0.3%	$364,400 -9.1%
2008	$3,623 +7.5%	$400,800 -1.9%
2007	$3,371 +4.7%	$408,600 +4.2%
2006	$3,219 +3.4%	$392,100 +9.5%
2005	$3,112 +5%	$358,100 +7.6%
2004	$2,965 +16.5%	$332,800 +83.8%
2003	$2,546 +3.8%	$181,100
2002	$2,452 +8.3%	$181,100 +39.4%
2000	$2,264 +3.4%	$129,900
1999	$2,189	$129,900