You don't see properties ike this too often in the Malden area so make your move! Very large lot with plenty of parking and a 3 story barn in the back. 2 Family house with 2 bedrooms and 1 bath on the first floor (Unit 1) and in the upper unit there's 1 bed on the 2nd floor, full bath, kitchen, dining and living room. 2-3 more bedrooms upstairs along with another full bath. Could use some paint and updating but after that it's a wonderful, solid home. Easily convertible to a single fam for a large family. This would be a perfect investment for a contractor or somebody who has a business where they need parking and storage. Barn and expandable driveway could be a great base of operations for a business owner that needs parking and safe storage of equipment. Both units are currently occupied and people are packing up now so please expect some clutter.
Sold for $830,000
$830,000
48 Essex St, Malden, MA 02148
5beds
2,676sqft
Multi Family
Built in 1750
-- sqft lot
$926,400 Zestimate®
$310/sqft
$3,062 Estimated rent
Home value
$926,400
$871,000 - $982,000
$3,062/mo
Zestimate® history
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List your homeWhat's special
Plenty of parkingExpandable driveway
Zillow last checked:
Listing updated:
Listed by:
Brian Welch,
eXp Realty 888-854-7493
Bought with:
Juan Lopera-Martinez
eXp Realty
Source: MLS PIN,MLS#: 73184426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas, Central
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator, Microwave, Washer, Dryer
- Laundry: Gas Dryer Hookup, Washer Hookup
Features
- Mudroom, Ceiling Fan(s), Floored Attic, Storage, High Speed Internet, Bathroom With Tub, Bathroom With Tub & Shower, Internet Available - Fiber-Optic, Living Room, Dining Room, Kitchen, Office/Den
- Flooring: Vinyl, Carpet
- Windows: Insulated Windows
- Basement: Dirt Floor
- Has fireplace: No
Interior area
- Total structure area: 2,676
- Total interior livable area: 2,676 sqft
Property
Parking
- Total spaces: 12
- Parking features: Paved Drive, Off Street, Tandem, Paved
- Uncovered spaces: 12
Features
- Fencing: Fenced/Enclosed
Lot
- Size: 7,588 Square Feet
- Features: Level
Details
- Parcel number: M:083 B:402 L:224,596551
- Zoning: ResA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1750
Utilities & green energy
- Electric: 110 Volts, Circuit Breakers, Common
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, for Electric Oven, for Gas Dryer, Washer Hookup
Community & HOA
Location
- Region: Malden
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $776,500
- Annual tax amount: $9,466
- Date on market: 1/17/2026
- Total actual rent: 1900
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2024 | Sold | $830,000+0.2%$310/sqft |
Source: MLS PIN #73184426 Report a problem | ||
| 12/7/2023 | Contingent | $828,520$310/sqft |
Source: MLS PIN #73184426 Report a problem | ||
| 12/1/2023 | Listed for sale | $828,520+13.7%$310/sqft |
Source: MLS PIN #73184426 Report a problem | ||
| 8/11/2020 | Sold | $728,888-2.7%$272/sqft |
Source: Public Record Report a problem | ||
| 6/29/2020 | Pending sale | $748,888$280/sqft |
Source: Berkshire Hathaway HomeServices Verani Realty #72664866 Report a problem | ||
| 6/1/2020 | Listed for sale | $748,888+4892.6%$280/sqft |
Source: Berkshire Hathaway HomeServices Verani Realty #72664866 Report a problem | ||
| 1/6/1999 | Sold | $15,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,864 +0.9% | $871,400 +4.2% |
| 2024 | $9,778 +3.3% | $836,400 +7.7% |
| 2023 | $9,466 +4.6% | $776,500 +5.9% |
| 2022 | $9,053 +23.7% | $733,000 +23% |
| 2021 | $7,321 +2.9% | $595,700 +5.9% |
| 2020 | $7,117 +1.8% | $562,600 +6.8% |
| 2019 | $6,992 +5% | $526,900 +11.4% |
| 2018 | $6,662 +4% | $472,800 +4.6% |
| 2017 | $6,403 +5.6% | $451,900 +13% |
| 2016 | $6,061 +4.2% | $399,800 +8.1% |
| 2015 | $5,815 +7.6% | $369,700 +10.2% |
| 2014 | $5,402 +9.1% | $335,500 +7.6% |
| 2013 | $4,953 +13.4% | $311,900 +2.3% |
| 2012 | $4,369 +2.2% | $304,900 -3.2% |
| 2011 | $4,276 -1% | $314,900 -9.7% |
| 2010 | $4,320 +7.8% | $348,700 -13.7% |
| 2009 | $4,006 +2.9% | $404,200 -6.1% |
| 2008 | $3,893 +5% | $430,600 -4.2% |
| 2007 | $3,707 +4.8% | $449,300 +4.3% |
| 2006 | $3,536 -1.3% | $430,700 +4.5% |
| 2005 | $3,582 +4.6% | $412,200 +7.3% |
| 2004 | $3,424 +17% | $384,300 +84.7% |
| 2003 | $2,926 +3.8% | $208,100 |
| 2002 | $2,818 +7.7% | $208,100 +38.6% |
| 2000 | $2,616 +3.4% | $150,100 |
| 1999 | $2,529 | $150,100 |
Find assessor info on the county website
Neighborhood: Faulkner
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Nearby schools
GreatSchools rating
- 7/10Ferryway SchoolGrades: K-8Distance: 0.2 mi
- 4/10Malden High SchoolGrades: 9-12Distance: 0.6 mi
- 4/10Salemwood SchoolGrades: K-8Distance: 0.7 mi
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Estimated market value
$926,400
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Estimated market value
$926,400
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