HomeMalden2 Family - 2 Units Up/Down323 Bainbridge St, Malden MA 02148
323 Bainbridge St, Malden MA 02148 — photo 1 of 381 / 38
$1,050,000
323 Bainbridge St, Malden MA 02148
2 units · 5 bd · 3 ba · 3,297 sqft · $525,000/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (02148) yet.

About this property

Turn-key two family. Two units, two levels each. One is vacant and ready for you. This Forestdale home fits an owner occupant or an investor. Move into the open unit and let the other help pay the mortgage. Or set your own rent from day one and run it as a full income property. Owner occupants may qualify for Malden's residential tax exemption. Unit 1 lives like a townhouse. The main floor has a great layout, hardwood floors, and a kitchen with quartz counters and stainless steel appliances. A spiral staircase leads down to a finished walk-out lower level with a second full bath, flexible living space, and laundry. Unit 2 takes the top two floors. The living room opens to a cathedral ceiling kitchen with a skylight. It has three bedrooms, one on the main level and two on the upper level, plus laundry in the unit. Each unit has its own entrance and its own high-efficiency gas system for heat and on-demand hot water. The fenced, two-tier paver patio gives you room to cook out, relax, and entertain. It has raised garden beds and a screened gazebo. There is no grass to mow, so upkeep stays easy. You also get four off-street parking spaces on a 5,044 square foot lot. The location does the rest. Oak Grove Station is about 0.8 miles away with the Orange Line and the Haverhill commuter rail. Malden Center is about 1.3 miles. Recent MBTA track and signal work means faster trains into Boston. Route 1, I-93, and Logan Airport are all close. Pine Banks Park is nearby with 108 acres of trails, ball fields, and a dog park. Trafton Park, the Middlesex Fells, and the Northern Strand bike trail are close too. Downtown Malden's restaurants are minutes away, and the new Malden River Works park opens this October. Forestdale School, K to 8, is about half a mile away. MelroseWakefield Hospital is a short drive. And Bainbridge Street is a local favorite on Halloween night. Take the 3D tour. Showings start September 26. Excellent turn-key opportunity!

Property details

Units2
Living area3,297 sqft
Lot size5,044 sqft
Year built1890
Price / sqft$318
CountyMiddlesex
MLS #73581104

Listing status

Days on market0 days
Listed onSeptember 22, 2026

Taxes & financials

Annual property tax$11,066
Tax year2026
Assessed value$970,700
ZoningRESA
Gross income (actual)$42,000/yr
Net operating income (actual)$38,836/yr
Total actual rent$3,500/mo
Insurance expense$2,284/yr

Building & lot

Stories4
Total rooms14
Lot size0.12 acres
Garage spaces0
Parking spaces4
ParkingOff Street
BasementFull, Finished, Walk-Out Access, Interior Entry
FoundationStone
RoofShingle
ConstructionFrame
FlooringVinyl, Hardwood

Utilities & systems

HeatingBaseboard, Hot Water, Natural Gas
CoolingWindow Unit(s)
SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range
AppliancesDisposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Range

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 323 Bainbridge St, Malden MA 02148 have?

It is a 2-unit multi-family property with 3,297 sqft of living area, built in 1890.

How long has 323 Bainbridge St, Malden MA 02148 been on the market?

323 Bainbridge St, Malden MA 02148 has been listed for 0 days (since September 22, 2026).

What is the price per unit?

At a list price of $1,050,000 across 2 units, that works out to roughly $525,000 per unit.

What are the property taxes on 323 Bainbridge St, Malden MA 02148?

Annual property taxes are $11,066 (2026), on an assessed value of $970,700.

What is the price per square foot?

At $1,050,000 for 3,297 sqft, that's about $318 per square foot.

Is there parking?

4 total parking spaces (off street).

Where is this property located?

323 Bainbridge 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.

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