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.
For sale
$1,500,000
29-31 Sprague St, Malden, MA 02148
6beds
4,057sqft
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
- 78 days |
- 291 |
- 6 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ryan Bartlett 781-223-4234,
Greater Metropolitan R. E. 617-523-2505
Source: MLS PIN,MLS#: 73531709
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
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
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Forestdale
Nearby schools
GreatSchools rating
- 7/10Ferryway SchoolGrades: K-8Distance: 0.6 mi
- 4/10Malden High SchoolGrades: 9-12Distance: 0.2 mi
- 4/10Salemwood SchoolGrades: K-8Distance: 0.7 mi
- $530,4001 bd1 ba800 sqft29R Sprague St #0, Malden, MA 02148Off Market
- $693,5003 bd2 ba1.7k sqft35 Sprague St, Malden, MA 02148Off Market
- $988,2006 bd3 ba2.5k sqft27 Sprague St, Malden, MA 02148Off Market
- $954,9001 bd1 ba1k sqft39 Sprague St, Malden, MA 02148Off Market
- $--1 bd1 ba1.1k sqft39 Sprague St #3, Malden, MA 02148Off Market
- $663,3003 bd1 ba1.1k sqft39 Sprague St #2, Malden, MA 02148Off Market
- $913,3006 bd3 ba2.6k sqft10 Sprague Ct, Malden, MA 02148Off Market
- $---- bd-- ba-- sqft30 Sprague St, Malden, MA 02148Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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