29-31 Sprague St, Malden, MA 02148

Malden
Local realty services provided by:Metropolitan Homes
29-31 Sprague St,Malden, MA 02148
$1,500,000
  • 6 Beds
  • 5 Baths
  • 4,057 sq. ft.
  • Multi-family
  • Active
Listed by: ryan bartlett
Office: greater metropolitan r. e.
MLS#:73531709
Source:MLSPIN

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$369.73

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:73531709
  • Updated:July 28, 2026 at 10:57 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:17
  • Living area:4,057 sq. ft.

Structure and exterior

  • Year built:1900
  • Building area:4,057 sq. ft.
  • Lot area:0.14 Acres
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$369.73
  • Tax amount:$14,896 (2025)

Parking

  • Total parking spaces:5
  • Parking description:Paved Drive
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. MLSPIN Member Broker: Michael Albano

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