Rare opportunity to own a well-maintained 2 family home in the heart of Malden situated on a large corner LOT w/ample off street parking, just a 12-minute walk to Malden Center Station with easy access to the Orange Line, restaurants, shops, and downtown Malden Ctr./ Boston. Proudly owned by the same family for over 65 years, this property has been lovingly cared for and offers strong bones, timeless character, and incredible potential for updates and customization. Each unit features spacious layouts, generous natural light, and classic details throughout. This home presents an excellent opportunity for investors, owner-occupants, or multigenerational living. Conveniently located near parks, schools, and major routes, this is a chance to bring new vision to a solid property in one of Malden’s most commuter-friendly neighborhoods.
Sold for $1,030,000
$1,030,000
229 Pearl St, Malden, MA 02148
5beds
2,742sqft
Multi Family
Built in 1880
-- sqft lot
$1,030,300 Zestimate®
$376/sqft
$3,403 Estimated rent
Home value
$1,030,300
$958,000 - $1.10M
$3,403/mo
Zestimate® history
Owner options
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$3,403/mo
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$3,403/mo
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$6,520/mo
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List your homeWhat's special
Large corner lotClassic details throughoutAmple off street parkingGenerous natural lightSpacious layouts
Zillow last checked:
Listing updated:
Listed by:
Kenneth Celano 781-264-3992,
Turn Key Realty 781-264-3992
Bought with:
Angela Cui
Keller Williams Realty
Source: MLS PIN,MLS#: 73526251
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Wood, Tile
- Basement: Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,742
- Total interior livable area: 2,742 sqft
- Finished area above ground: 2,742
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Off Street
- Uncovered spaces: 3
Features
- Patio & porch: Deck
Lot
- Size: 5,462 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:038 B:205 L:513,593662
- Zoning: ResA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Public Transportation
Location
- Region: Malden
Financial & listing details
- Price per square foot: $376/sqft
- Tax assessed value: $758,700
- Annual tax amount: $8,588
- Date on market: 7/1/2026
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $1,030,000+3%$376/sqft |
Source: MLS PIN #73526251 Report a problem | ||
| 6/15/2026 | Pending sale | $999,900$365/sqft |
Source: MLS PIN #73526251 Report a problem | ||
| 5/28/2026 | Listed for sale | $999,900$365/sqft |
Source: MLS PIN #73526251 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,588 +2.7% | $758,700 +6.1% |
| 2024 | $8,360 +3.4% | $715,100 +7.8% |
| 2023 | $8,089 +4.8% | $663,600 +6.2% |
| 2022 | $7,719 +4.7% | $625,000 +4.2% |
| 2021 | $7,372 +3.1% | $599,800 +6.1% |
| 2020 | $7,152 +1.9% | $565,400 +6.9% |
| 2019 | $7,021 +4.6% | $529,100 +11.1% |
| 2018 | $6,712 +4.1% | $476,400 +4.7% |
| 2017 | $6,446 +6.2% | $454,900 +13.6% |
| 2016 | $6,072 +4.6% | $400,500 +8.5% |
| 2015 | $5,806 +3.8% | $369,100 +6.3% |
| 2014 | $5,592 +7.3% | $347,300 +5.8% |
| 2013 | $5,212 +15.9% | $328,200 +4.6% |
| 2012 | $4,498 +2.3% | $313,900 -3.1% |
| 2011 | $4,399 +0% | $323,900 -8.7% |
| 2010 | $4,397 +2.5% | $354,900 -18% |
| 2009 | $4,290 -0.2% | $432,900 -8.9% |
| 2008 | $4,297 +7.2% | $475,300 -2.2% |
| 2007 | $4,010 +4.6% | $486,000 +4.1% |
| 2006 | $3,833 +2.3% | $466,900 +8.3% |
| 2005 | $3,745 +4.1% | $431,000 +6.8% |
| 2004 | $3,596 +17.1% | $403,600 +84.8% |
| 2003 | $3,071 +3.9% | $218,400 |
| 2002 | $2,957 +9.8% | $218,400 +41.4% |
| 2000 | $2,693 +3.5% | $154,500 |
| 1999 | $2,603 | $154,500 |
Find assessor info on the county website
Neighborhood: Edgeworth
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Nearby schools
GreatSchools rating
- 6/10Beebe SchoolGrades: K-8Distance: 0.4 mi
- 4/10Malden High SchoolGrades: 9-12Distance: 0.8 mi
- 7/10Ferryway SchoolGrades: K-8Distance: 0.9 mi
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Estimated market value
$1,030,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,030,300
