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Malden Multifamily Investment Opportunity
For Sale
$2,250,000

48 Tremont Street, Malden, MA 02148

Nine-unit apartment building near public transportation and downtown Malden.

Property SizeContact for details
Days on Market110

Property Features for 48 Tremont Street

General Information

Standard status Active
Property subtype Commercial
Zoning ResA

Taxes and HOA fees

Annual Taxes $16,602

Building Details

Year Built 1920
Listing Agency: Atlantic Realty Services
Listed By: Maria Dipierro · License #9511886
Source: Liongatere
Added: Apr 25 Changed: Aug 8 Last Checked: Aug 12 at 3:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Realty Services

Investment Insights

Based on property information with market context.

This nine-unit apartment building presents an investment opportunity. The property is located on the bus line and is less than one mile from the Malden Center T Station on the orange line, providing convenient access to transportation. The complex includes two studio apartments, five one-bedroom apartments, and two one-bedroom plus office room apartments. A large parking lot is available, which includes three garages.

Key Highlights

  • Prime location: Close to downtown Malden and less than one mile from Malden Center T Station (Orange Line).
  • Strong investment opportunity: Nine‑unit apartment building.
  • Convenient transportation: Located on the bus line.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Hotel & Motel (Bike/Boat/Book/etc) Store Garden Center Acupuncture Restaurant Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,084
Businesses Nearby

Demographics for 02148, MA

66,274
Population
28,043
Households
2.4
Avg Household Size
36
Median Age
45%
College-Educated
87%
High-School Grad
5.0 sq mi
ZIP Area
13,255
Density / Sq Mi
$95,298
Median Household Income
$56,077
Median Earnings
$2,066
Median Rent
$607,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Nine-unit apartment building near public transportation and downtown Malden.
Where is this apartment building located?
The property is located at 48 Tremont Street Malden, MA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime location: Close to downtown Malden and less than one mile from Malden Center T Station (Orange Line).; Strong investment opportunity: Nine‑unit apartment building.; Convenient transportation: Located on the bus line.
More about this property
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