29-31 Sprague St Malden, MA ^$ 1,500,000

29-31 Sprague St

^$ 1,500,000

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29-31 Sprague St

Malden, MA, 02148

^$ 1,500,000

Bedrooms6 Baths5.0 Sq 4,057

Monthly Estimate*

^$ 9,236

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Multi-Family Home for sale in Malden, MA

for $1,500,000 with 6 bedrooms and 5 full baths. This 4,057 square foot home was built in 1900 on a lot size of 0.14.

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.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 14,896

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.14

Year Built

1900

Town/City

Malden

County/Region

Middlesex

MLS | Web ID

73531709

List By

Ryan Foley

Listing Agent

Greater Metropolitan R. E.

Broker

Affordability Calculator

$10,477

Per Month

Monthly Principal & Interest: $9,236
Monthly Property Taxes: $1,241
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$1,066,323

Percent of Sale Price 29%

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.

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Pricing History

Date	Price	Price Change	Description
6/8/2026	$1,500,000		Listed Price

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29-31 Sprague St, Malden, MA, 02148 is a Multi-Family Home for sale at $1,500,000 with 4,057 sqft and a lot size of 0.14. 29-31 Sprague St has 6 bedrooms, 5.0 baths, and was built in 1900. 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 6.25% 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 6/10/2026.

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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29-31 Sprague St

Multi-Family Home for sale in Malden, MA

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