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    468 Salem St Malden, MA 02148

    Quadplexes Google Maps
    2,671 SF Built 1930
    468 Salem St, Malden, MA 02148 For Sale 1 / 42
    $1,375,000 2,671 SF
    468 Salem St, Malden, MA 02148
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    Estimated value
    No estimation on file for this property yet.
    Property ID US38-2500557

    Property summary

    AI-generated overview

    Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.

    Property profile

    Verified
    Property type Quadplexes
    Year built 1930
    Total area 2,671 SF
    UPID US38-2500557

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • $899,900
      2,390 SF
      Two-Family Duplex with Off-Street Parking
      Two-family duplex on ResA-zoned land with more than 10 off-street parking spaces, a full basement, and flexible two-level second unit.
      292 Broadway, Malden, MA 02148
      View Details
    • New
      Contact for pricing
      5,996 SF
      Three-Story Apartment Building
      Three-story vinyl-sided 12-unit apartment building with off-street parking for five cars near Malden Center MBTA.
      69-71 Cedar Street, Malden, MA 02148
      View Details
    • $1,049,000
      Three-Family Corner Triplex
      Corner three-family with renovated units, separate utilities, generous basement storage, and off-street parking.
      161-165 Madison Street, Malden, MA 02148
      View Details
    • New
      $999,900
      3,248 SF
      Three-Unit Residential Income Property
      Three-family on a corner lot with separate utilities, generous basement storage, and two off-street parking spaces.
      161-165 Madison Street, Malden, MA 02148
      View Details
    • New
      $850,000
      2,818 SF
      Two-Family Home with Two-Car Garage
      Two-family property in Malden with two-car garage, hardwood floors, and a walk-up attic for added usable space.
      85-87 Wolcott St, Malden, MA 02148
      View Details
    • $1,399,000
      7,000 SF
      Four-Unit Retail Building and Duplex
      Mixed-use income property combining a four-unit retail building with a two-family home on one lot.
      697-705 Salem Street, Malden, MA 02148
      View Details

    Similar Nearby for Sale

    • $899,900
      2,390 SF
      Two-Family Duplex with Off-Street Parking
      Two-family duplex on ResA-zoned land with more than 10 off-street parking spaces, a full basement, and flexible two-level second unit.
      292 Broadway, Malden, MA 02148
      View Details
    • New
      Contact for pricing
      5,996 SF
      Three-Story Apartment Building
      Three-story vinyl-sided 12-unit apartment building with off-street parking for five cars near Malden Center MBTA.
      69-71 Cedar Street, Malden, MA 02148
      View Details
    • $1,049,000
      Three-Family Corner Triplex
      Corner three-family with renovated units, separate utilities, generous basement storage, and off-street parking.
      161-165 Madison Street, Malden, MA 02148
      View Details
    • New
      $999,900
      3,248 SF
      Three-Unit Residential Income Property
      Three-family on a corner lot with separate utilities, generous basement storage, and two off-street parking spaces.
      161-165 Madison Street, Malden, MA 02148
      View Details
    • New
      $850,000
      2,818 SF
      Two-Family Home with Two-Car Garage
      Two-family property in Malden with two-car garage, hardwood floors, and a walk-up attic for added usable space.
      85-87 Wolcott St, Malden, MA 02148
      View Details
    • $1,399,000
      7,000 SF
      Four-Unit Retail Building and Duplex
      Mixed-use income property combining a four-unit retail building with a two-family home on one lot.
      697-705 Salem Street, Malden, MA 02148
      View Details

    Similar Nearby for Lease

    • New
      $3,200/Mo
      Updated 3BR First-Floor Apartment
      Updated first-floor 3 bed, 1 bath unit in a three-family home with garage parking and in-unit laundry.
      57 Judson St # 2, Malden, MA 02148
      View Details
    • New
      $3,600/Mo
      1,600 sqft
      Townhome-Style 3BR Apartment
      Two-level 3-bed, 2-bath unit with private decks, in-unit laundry, flexible bonus room, and two tandem off-street parking spaces.
      7 Pine St #2, Malden, MA 02148
      View Details
    • New
      $2,500/Mo
      1,322 sqft
      Second-Floor 2BR Apartment
      Second-floor, 2-bedroom unit with hardwood floors, heated sunroom, and front balcony in a three-family home.
      21 Granville Ave Unit 2, Malden, MA 02148
      View Details
    • New
      $900/Mo
      938 sqft
      Shared Apartment Private Bedroom
      Private bedroom available in a shared apartment with shared kitchen, bathroom, and basement laundry.
      13 Harnden Unit 2, Malden, MA 02148
      View Details
    • New
      $2,700/Mo
      Two-Bedroom Apartment Rental
      Spacious two-bedroom unit for rent in Malden’s Bell Rock area.
      68 Converse Ave Unit 1, Malden, MA 02148
      View Details
    • New
      $2,700/Mo
      Second-Floor Residential Rental
      Well-maintained second-floor unit with three bedrooms, cherry hardwood floors, and shared laundry.
      81 Linden Ave # 2, Malden, MA 02148
      View Details
    Recent comparable sales
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