For sale

$1,375,000

468 Salem St, Malden, MA 02148

6beds

2,671sqft

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4 Family

Built in 1930

-- sqft lot

$-- Zestimate^®

$515/sqft

$-- HOA

What's special

Modern systemsUpdated finishesStreet parking

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.

35 days

382

13

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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

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

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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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