Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.
For sale
$1,375,000
468 Salem St, Malden, MA 02148
6beds
2,671sqft
4 Family
Built in 1930
-- sqft lot
$-- Zestimate®
$515/sqft
$-- HOA
What's special
Modern systemsUpdated finishesStreet parking
- 81 days |
- 263 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Mission Impossible Team 781-629-2258,
United Brokers 781-629-2258
Source: MLS PIN,MLS#: 73527683
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Flooring: Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,671
- Total interior livable area: 2,671 sqft
- Finished area above ground: 2,671
Property
Parking
- Parking features: Paved Drive
- Has uncovered spaces: Yes
Lot
- Size: 5,750 Square Feet
Details
- Parcel number: M:116 B:715 L:542,599414
- Zoning: ResA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1930
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Public School, T-Station
Location
- Region: Malden
Financial & listing details
- Price per square foot: $515/sqft
- Tax assessed value: $924,200
- Annual tax amount: $10,462
- Date on market: 6/1/2026
- Total actual rent: 0
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Listed for sale | $1,375,000$515/sqft |
Source: MLS PIN #73527683 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
- 4/10Salemwood SchoolGrades: K-8Distance: 0.1 mi
- 4/10Malden High SchoolGrades: 9-12Distance: 0.7 mi
- 6/10Forestdale SchoolGrades: K-8Distance: 0.6 mi
- $1,136,5005 bd6 ba2.6k sqft468 Salem St, Malden, MA 02148Off Market
- $--2 bd1 ba700 sqft468 Salem St APT 4, Malden, MA 02148Off Market
- $--1 bd1 ba600 sqft468 Salem St APT 2, Malden, MA 02148Off Market
- $--1 bd1 ba600 sqft468 Salem St APT 3, Malden, MA 02148Off Market
- $700,200-- bd-- ba-- sqft468 Salem St APT 1, Malden, MA 02148Off Market
- $573,3003 bd1 ba1.2k sqft482 Salem St, Malden, MA 02148Off Market
- $582,8003 bd1 ba1.2k sqft484 Salem St, Malden, MA 02148Off Market
- $--2 bd2 ba991 sqft45 Seaview Ave #6, 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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