1239 Salem St Malden, MA ^$ 1,049,000

1239 Salem St

^$ 1,049,000

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Open House 10/31 12pm - 1:30pm

1239 Salem St

Malden, MA, 02148

^$ 1,049,000

Bedrooms3 Baths3.0 Sq 2,505

Monthly Estimate*

^$ 7,245

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Multi-Family Home for sale in Malden, MA

for $1,049,000 with 3 bedrooms and 3 full baths. This 2,505 square foot home was built in 1935 on a lot size of 0.37.

Rarely does a property in Malden combine this much living space, land and flexibility. Offering ~2,505 sq. ft. of finished living space across three levels, off-street parking and an expansive ~0.37-acre lot, the property presents a compelling opportunity for investors, owner-occupants and multigenerational families. The main-level unit features 2 bedrooms, an open kitchen/living area, full bath and sun room off the kitchen, with direct access to the rear deck and expansive backyard. The ~829 sq. ft. finished lower level, accessible both internally from the main-level unit and through its own exterior walkout, features a living/family room, bedroom, office/den, full bath and wet bar. The second-floor unit, with its own dedicated exterior entrance, offers 2 bedrooms, full bath and an open kitchen/living area. Beyond the existing two-family use, the substantial rear yard may offer compelling potential for an accessory dwelling unit (ADU) under current state and local regulations. Convenient to MBTA bus service and area amenities. Buyers and/or buyer's agents to perform all due diligence, including verification of ADU eligibility, requirements and approvals.

Open House

10/31/2026 12:00 PM - 1:30 PM

11/1/2026 12:00 PM - 1:30 PM

1239 Salem St Malden, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 1,049,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 9,579

Style

2 Family - 2 Units Up/Down

Lot Size

0.37

Year Built

1935

Town/City

Malden

County/Region

Middlesex

MLS | Web ID

73596579

List By

Brian Woods

Listing Agent

Woods Properties Inc.

Broker

Affordability Calculator

$8,043

Per Month

Monthly Principal & Interest: $7,245
Monthly Property Taxes: $798
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Malden, MA

Average List Price ^$1,130,787

Percent of Sale Price 8%

About Malden, MA

63,704 Population

13% Since 2002

^$62,106 Median Income

39.23 Median Age

26% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
10/29/2026	$1,049,000		Listed Price

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1239 Salem St, Malden, MA, 02148 is a Multi-Family Home for sale at $1,049,000 with 2,505 sqft and a lot size of 0.37. 1239 Salem St has 3 bedrooms, 3.0 baths, and was built in 1935. The property's zip code is 02148 which is in Malden, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 10/29/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.

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1239 Salem St

Multi-Family Home for sale in Malden, MA

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