"AS-IS" 2-family property in Malden in Maplewood neighborhood and minutes from downtown Malden Center. Property right across from Salemwood School and bus stop. Property needs work. This is "as-is" sale with a lot of upside. Two units, up and down, both with 3 bedrooms and 1 bath, living room, kitchen and balcony. Roof is said to be 10 years old, gas boilers for each unit, and separate hot water tanks. Two electrical panels, one for each apartment. No parking, only street parking without permit in Malden. Property will be delivered vacant. Washer and dryer hookups in each apartment. Property can be ideal for an investor or someone who wants to live in Malden and have rental income. First showings at the open house on Saturday 11am to 3pm.
Pending
$699,000
548 Salem St, Malden, MA 02148
6beds
2,883sqft
Multi Family
Built in 1880
-- sqft lot
$888,800 Zestimate®
$242/sqft
$-- HOA
What's special
Separate hot water tanks
- 36 days |
- 590 |
- 18 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Peter Giannikopoulos 617-733-2519,
Coldwell Banker Realty - Boston 617-266-4430
Source: MLS PIN,MLS#: 73528252
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Natural Gas
Appliances
- Included: Range, Dishwasher, Refrigerator
- Laundry: Washer & Dryer Hookup, Washer Hookup
Features
- Kitchen, Family Room, Laundry Room, Living RM/Dining RM Combo
- Basement: Dirt Floor,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,883
- Total interior livable area: 2,883 sqft
- Finished area above ground: 2,883
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Balcony
Lot
- Size: 9,953 Square Feet
- Features: Steep Slope
Details
- Parcel number: M:116 B:715 L:534,599406
- Zoning: ResA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, Washer Hookup
Community & HOA
Community
- Features: Public Transportation, Park, Bike Path, Public School, T-Station
Location
- Region: Malden
Financial & listing details
- Price per square foot: $242/sqft
- Tax assessed value: $728,000
- Annual tax amount: $8,241
- Date on market: 6/2/2026
- Exclusions: W&D In Unit 2 Not Included In Sale
- Total actual rent: 0
Estimated market value
$888,800
$800,000 - $969,000
$3,564/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Pending sale | $699,000$242/sqft |
Source: MLS PIN #73528252 Report a problem | ||
| 6/10/2026 | Contingent | $699,000$242/sqft |
Source: MLS PIN #73528252 Report a problem | ||
| 6/2/2026 | Listed for sale | $699,000+308.8%$242/sqft |
Source: MLS PIN #73528252 Report a problem | ||
| 1/29/2009 | Sold | $171,000-51.8%$59/sqft |
Source: Public Record Report a problem | ||
| 4/1/2003 | Sold | $355,000+122%$123/sqft |
Source: Public Record Report a problem | ||
| 3/22/1996 | Sold | $159,900+149.8%$55/sqft |
Source: Public Record Report a problem | ||
| 4/19/1995 | Sold | $64,000-26.3%$22/sqft |
Source: Public Record Report a problem | ||
| 6/20/1994 | Sold | $86,800-42.1%$30/sqft |
Source: Public Record Report a problem | ||
| 4/22/1988 | Sold | $150,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,241 +2.9% | $728,000 +6.3% |
| 2024 | $8,008 +3.6% | $685,000 +8% |
| 2023 | $7,731 +4.3% | $634,200 +5.7% |
| 2022 | $7,411 -8.6% | $600,100 -9% |
| 2021 | $8,106 +7.6% | $659,600 +10.8% |
| 2020 | $7,531 +2.1% | $595,300 +7.1% |
| 2019 | $7,375 +3.9% | $555,800 +10.3% |
| 2018 | $7,097 +5% | $503,700 +5.6% |
| 2017 | $6,758 +5.1% | $476,900 +12.5% |
| 2016 | $6,428 +7.5% | $424,000 +11.5% |
| 2015 | $5,982 +8.1% | $380,300 +10.6% |
| 2014 | $5,534 +6.6% | $343,700 +5.2% |
| 2013 | $5,190 +13.6% | $326,800 +2.5% |
| 2012 | $4,567 +1.2% | $318,700 -4.2% |
| 2011 | $4,515 +12.8% | $332,500 +2.9% |
| 2010 | $4,003 +6.8% | $323,100 -14.6% |
| 2009 | $3,749 +7.2% | $378,300 -2.2% |
| 2008 | $3,497 +4.9% | $386,800 -4.3% |
| 2007 | $3,333 +6.1% | $404,000 +5.6% |
| 2006 | $3,141 | $382,600 +5.9% |
| 2005 | $3,141 -9.2% | $361,400 -6.9% |
| 2004 | $3,458 +15.7% | $388,100 +82.5% |
| 2003 | $2,989 +3.8% | $212,600 |
| 2002 | $2,879 +7% | $212,600 +37.7% |
| 2000 | $2,691 +0.7% | $154,400 -2.6% |
| 1999 | $2,672 | $158,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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Climate risks
Neighborhood: Forestdale
Nearby schools
GreatSchools rating
- 4/10Salemwood SchoolGrades: K-8Distance: 0.1 mi
- 4/10Malden High SchoolGrades: 9-12Distance: 0.9 mi
- 6/10Forestdale SchoolGrades: K-8Distance: 0.6 mi
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