Incredible location approximately 1 mile from Oak Grove Station, I-93, the hiking trails at Middlesex Fells Reservation, and walking distance to Fells Pond!! This well maintained two family home is available immediately and the three bed unit will be delivered vacant; the one bed unit is on a month-to-month lease. Perfect for owner occupancy, an investor, or even as an Airbnb! First floor unit contains a one bedroom apartment with a walk-in closet, a large mud room/bonus closet space, eat-in kitchen, in unit laundry, and private outdoor deck. Second unit contains 3 bedrooms on two floors, two bathrooms, in unit laundry, large open-concept living room that can also accomodate dining space, and two private outdoor balconies. The units are serviced by a parking lot in the back that can comfortably fit 3 cars, or 4 with a tandem spot. Main roof done in 2023. Please allow 24-48 hours notice for all showings!
| Units | 2 |
| Living area | 2,013 sqft |
| Lot size | 7,320 sqft |
| Year built | 1880 |
| Price / sqft | $447 |
| County | Middlesex |
| MLS # | 73533688 |
| Days on market | 48 days |
| Listed on | June 10, 2026 |
| Annual property tax | $9,662 |
| Tax year | 2026 |
| Assessed value | $847,500 |
| Zoning | ResA |
| Gross income (actual) | $23,400/yr |
| Net operating income (actual) | $23,400/yr |
| Total actual rent | $1,950/mo |
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0.17 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Off Street |
| Basement | Dirt Floor |
| Foundation | Stone |
| Flooring | Hardwood |
| Heating | Forced Air, Natural Gas |
| Cooling | Wall Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator, Freezer, Washer, Dryer |
More about investing in Malden →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 2,013 sqft of living area, built in 1880.
722 Highland Ave, Malden MA 02148 has been listed for 48 days (since June 10, 2026).
At a list price of $899,900 across 2 units, that works out to roughly $449,950 per unit.
Annual property taxes are $9,662 (2026), on an assessed value of $847,500.
At $899,900 for 2,013 sqft, that's about $447 per square foot.
3 total parking spaces (off street).
722 Highland Ave, Malden MA 02148 is in Malden, Middlesex County, MA 02148.

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.