HomeMalden4 Family137-139 West St, Malden MA 02148
137-139 West St, Malden MA 02148 — photo 1 of 421 / 42
$1,300,000
137-139 West St, Malden MA 02148
4 units · 7 bd · 4 ba · 3,629 sqft · $325,000/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02148) yet.

About this property

While bell-bottom jeans, dial-up internet, and Y2K came and went, this four-family in Edgeworth on the corner of West and Adams stayed under the same ownership… until now. Offered for sale for the first time in over 40 years, this might just be the opportunity you've been waiting for. An extremely well-cared for, previously owner-occupied investment property, which we all know doesn't come around every day.Not only that, this beauty is situated on a corner lot, offering more parking than you'll know what to do with! Each apartment has an updated kitchen and a high-efficiency 3-year young heating system. The largest first-floor apartment has just been renovated with brand new hardwood floors, adding fresh appeal to an already strong offering. The 2-bedroom unit on the second floor is currently vacant and move-in ready, making this a great option for an owner-occupant.Additional conveniences and income potential include coin-operated laundry with newer machines, and storage areas in the basement. The location offers easy access to public transportation, major routes, and Boston, plus Malden's restaurants, shopping, and everyday amenities.Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this four-family offers a rare combination of location, income potential, and recent updates.

Property details

Units4
Living area3,629 sqft
Lot size4,879 sqft
Year built1925
Price / sqft$358
CountyMiddlesex
MLS #73572044

Listing status

Days on market0 days
Listed onSeptember 4, 2026

Taxes & financials

Annual property tax$12,309
Tax year2026
Assessed value$1,079,700
ZoningResA
Gross income (actual)$98,400/yr
Net operating income (actual)$86,700/yr
Total actual rent$8,500/mo
Electric expense$2,400/yr
Insurance expense$6,000/yr

Building & lot

Stories4
Total rooms15
Lot size0.11 acres
Garage spaces0
Parking spaces8
ParkingPaved Drive, Off Street, Paved
BasementFull, Bulkhead
FoundationStone
RoofShingle
ConstructionFrame
FlooringWood, Tile, Laminate, Hardwood

Utilities & systems

HeatingBaseboard, Ductless
CoolingDuctless, Other
SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range, Varies per Unit
AppliancesMicrowave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Refrigerator

Location

More about investing in Malden

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 137-139 West St, Malden MA 02148 have?

It is a 4-unit multi-family property with 3,629 sqft of living area, built in 1925.

How long has 137-139 West St, Malden MA 02148 been on the market?

137-139 West St, Malden MA 02148 has been listed for 0 days (since September 4, 2026).

What is the price per unit?

At a list price of $1,300,000 across 4 units, that works out to roughly $325,000 per unit.

What are the property taxes on 137-139 West St, Malden MA 02148?

Annual property taxes are $12,309 (2026), on an assessed value of $1,079,700.

What is the price per square foot?

At $1,300,000 for 3,629 sqft, that's about $358 per square foot.

Is there parking?

8 total parking spaces (paved drive, off street, paved).

Where is this property located?

137-139 West St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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