HomeMalden3 Family - 3 Units Up/Down209 Summer St, Malden MA 02148
209 Summer St, Malden MA 02148 — photo 1 of 121 / 12
SOLD · Apr 3, 2026
$1,410,000   Over asking
Asking $1,350,000 · +$60,000 (+4.4%)
209 Summer St, Malden MA 02148
3 units · 10 bd · 5 ba · 5,350 sqft · $450,000/unit
📊 Analyze this deal

INVESTMENT SNAPSHOT

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

About this property

**Open House Sat/Sun Feb 21&22, 11am- 1pm** Recently renovated multi-family property located on a desirable corner lot on picturesque Summer Street in Malden. Situated on a 15,020 SF lot with 20+ parking spaces, this property offers approximately 5,350 SF of living space, currently configured as a legal 3-family with an additional first-floor in-law unit. The building features 20 rooms, 10 bedrooms, and 5 bathrooms, with separately metered and updated gas, electric, and heating systems, plus laundry in the basement. Strong rental history and excellent location just minutes to Oak Grove MBTA Station, Malden Square, shops, and restaurants. MBTA Communities zoning may allow future expansion or redevelopment potential. Conveniently located on Summer Street in Malden, just minutes to Oak Grove MBTA Station and Malden Square with easy access to restaurants, shops, and public transportation. A highly desirable area offering strong rental demand and excellent commuter convenience.

Property details

Units3
Living area5,350 sqft
Lot size15,002 sqft
Year built1900
Price / sqft$264
CountyMiddlesex
MLS #73477578

Location

More about investing in Malden

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

Interested in this one?

By submitting you agree to be contacted about your home search. No spam.

Questions & answers

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

How many units does 209 Summer St, Malden MA 02148 have?

It is a 3-unit multi-family property with 5,350 sqft of living area, built in 1900.

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 5,350 sqft, that's about $264 per square foot.

Where is this property located?

209 Summer St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.

Similar multi-families

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
Signal Real EstateLinkedInZillowFacebook