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6 Beds
5 Baths
4,057 sqft

$1,500,000

29-31 Sprague St, Malden MA, 02148

Price per sqft$369.73
Built in1900
Property size4,057 sqft
Property typeMulti-family

Overview

Active

Reactivated

Listed Jun 8, 2026

Updated 34h ago

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.

$9,980/mo

Est. mortgage payment based on a $1,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73531709

Interior Features

Bedrooms
6
Bathrooms
5
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$14,896
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Ryan Bartlett with Greater Metropolitan R. E.

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Data last updated 3:44 AM UTC, 10/7/2026

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