Elegant stone and wood facade front of luxury home in the evening

468 Salem St
Malden, MA 02148

$1,375,000 (New)

Beds: 6
Baths: 4
Number of Units: 4
Type: Multi-Unit Residential
Listing #73527683
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 Features
Location Information
County: Middlesex
Latitude: 42.431571
Longitude: -71.052366
Directions: Use GPS
Interior Features
Total Rooms: 16
Number of Full Bathrooms: 4
Has Fireplace: No
Number of Fireplaces: 0
Floors: Hardwood
Total Number of Units: 4
Exterior Features
Stories: 4
Construction: Frame
Foundation: Concrete Perimeter
Roof: Shingle
Water / Sewer: Public
Septic or Sewer: Public Sewer
Water: Public
Electric: Circuit Breakers, Individually Metered
Parking Description: Paved Drive
Has Garage: No
Garage Spaces: 0
Parking Spaces: 0
Parking Description: Paved Drive
Lot Size in Acres: 0.13
Lot Size in Sq. Ft.: 5,750
Zoning: ResA
Building Total Area (Sq. Ft.): 2,671
Road Description: Public
Additional Information
Property Type: MF
Property SubType: 4 Family
Year Built: 1930
Status: Active
Assessments: 924,200
Tax Amount: $10,462
Tax Year: 2025


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Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of Mission Impossible Team United Brokers
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© 2026 MLS Property Information Network, Inc. (MLSPIN). All rights reserved.
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MLS PIN data last updated at June 2, 2026, 7:56 AM ET

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