For sale

$1,500,000

29-31 Sprague St, Malden, MA 02148

6beds

4,057sqft

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5+ Family - 5+ Units Up/Down

Built in 1900

-- sqft lot

$-- Zestimate^®

$370/sqft

$-- HOA

What's special

Timeless curb appealPicturesque tree-lined streetBeautiful period architectureOff-street parking

Exceptional 5-unit Victorian investment opportunity on a picturesque, tree-lined street in desirable Malden. 29–31 Sprague Street features four (4) one-bedroom units and one (1) three-bedroom unit, offering a strong unit mix for steady rental income. This classic property showcases beautiful period architecture and timeless curb appeal that stands out in today’s competitive market. Off-street parking provides significant added value — a rare amenity in this area. Priced at approximately $300,000 per unit, this asset offers compelling value-add potential through updates and rent optimization. Located in Malden’s high-demand rental market with convenient access to public transportation, major routes, shopping, and dining. Ideal for investors seeking cash flow and long-term appreciation.

32 days

428

17

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 4,057
Total interior livable area: 4,057 sqft
Finished area above ground: 4,057

Property

Parking

Total spaces: 5
Parking features: Paved Drive
Uncovered spaces: 5

Lot

Size: 6,255 Square Feet

Details

Parcel number: M:074 B:262 L:204,595523
Zoning: ResA

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Foundation: Brick/Mortar

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station, University

Location

Region: Malden

Financial & listing details

Price per square foot: $370/sqft
Tax assessed value: $1,315,900
Annual tax amount: $14,896
Date on market: 6/9/2026
Total actual rent: 11000

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/8/2026	Listed for sale	$1,500,000$370/sqft
Source: MLS PIN #73531709 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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