HomeMalden3 Family - 3 Units Up/Down38-40 Russell St, Malden MA 02148
38-40 Russell St, Malden MA 02148 — photo 1 of 121 / 12
SOLD · Jan 6, 2026
$1,250,000   Under asking
Asking $1,350,000 · $-100,000 (-7.4%)
38-40 Russell St, Malden MA 02148
3 units · 6 bd · 3 ba · 3,678 sqft · $450,000/unit
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INVESTMENT SNAPSHOT

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

About this property

Three-Family Home in Prime Edgeworth Location. Located just two blocks from Malden Station and close to the Fellsway , I-93 and Wellington Circle This classic three-family home sits in one of Edgeworth’s most desirable neighborhoods .Each unit features 5 rooms, including 2 bedrooms, a living room, a dining room with a built-in hutch, and a kitchen with a pantry and gas stove. All units have separate utilities, including three gas hot water heaters. Heating systems include two FHA units powered by oil and one 3-year-old FHA unit powered by gas. The roof was replaced in 2020, and the property has circuit breaker panels. Ring Camera on premises records.

Property details

Units3
Living area3,678 sqft
Lot size3,676 sqft
Year built1910
Price / sqft$340
CountyMiddlesex
MLS #73434749

Location

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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 38-40 Russell St, Malden MA 02148 have?

It is a 3-unit multi-family property with 3,678 sqft of living area, built in 1910.

What is the price per unit?

At a list price of $1,350,000 across 3 units, that works out to roughly $450,000 per unit.

What is the price per square foot?

At $1,350,000 for 3,678 sqft, that's about $340 per square foot.

Where is this property located?

38-40 Russell 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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