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INVESTMENT SNAPSHOT
About this property
Location, Location, Location!! Exceptional - 9 family apartment building. Great investment opportunity. On the bus line. Close to downtown Malden. Less than one mile from Malden Center T Station - the orange line. Complex consists of two studios, five one bedrooms and two one bedroom plus office room. Large parking lot with three garages. Fully occupied building. Perfect for 1031 exchange.
Property details
| Units | 9 |
| Living area | 5,888 sqft |
| Lot size | 6,525 sqft |
| Year built | 1920 |
| Price / sqft | $382 |
| County | Middlesex |
| MLS # | 73461791 |
Listing status
| Days on market | 161 days |
| Listed on | December 11, 2025 |
Taxes & financials
| Annual property tax | $16,602 |
| Tax year | 2025 |
| Assessed value | $1,466,600 |
| Zoning | ResA |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 29 |
| Lot size | 0.15 acres |
| Garage spaces | 3 |
| Parking spaces | 12 |
| Parking | Paved Drive, Off Street, Paved |
| Foundation | Block, Brick/Mortar |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
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Listing courtesy of Atlantic Realty Services — Maria DiPierro. 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 48 Tremont Street, Malden MA 02148 have?
It is a 9-unit multi-family property with 5,888 sqft of living area, built in 1920.
How long has 48 Tremont Street, Malden MA 02148 been on the market?
48 Tremont Street, Malden MA 02148 has been listed for 161 days (since December 11, 2025).
What is the estimated cap rate on this 9-family in Malden?
Based on area median rents, the estimated cap rate is about 7.8%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $2,250,000 across 9 units, that works out to roughly $250,000 per unit.
What are the property taxes on 48 Tremont Street, Malden MA 02148?
Annual property taxes are $16,602 (2025), on an assessed value of $1,466,600.
What is the price per square foot?
At $2,250,000 for 5,888 sqft, that's about $382 per square foot.
Is there parking?
3 garage spaces and 12 total parking spaces (paved drive, off street, paved).
Where is this property located?
48 Tremont Street, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
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