$1,500,000

29-31 Sprague St, Malden, MA 02148

6 beds |
5 baths |
4,057 sqft

Multi-Family Home
Built in 1900
6,098sqft lot
—— car garage
$370/sqft
Listed 1 month ago

Property Description

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.

Listing Status:: Active
Date Added:: June 8, 2026
Data Last Updated:: August 6, 2026 at 7:08AM
Listing Office:: Greater Metropolitan R. E. : 617-523-2505
Listing Agent:: Ryan Bartlett : 781-223-4234
MLS ID:: 73531709

Fireplace: Fireplaces: 0

Parking: Paved DriveParking spaces: 5

General: 5Brick/Mortar

Originating MLS: MLS Property Information Network
County: Middlesex

Zoning: ResAM:074 B:262 L:204595523

Water: Public
Sewer: Public Sewer

Source: MLS Property Information Network

This listing courtesy of Ryan Bartlett , Greater Metropolitan R. E.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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