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Liriano Realty

For Sale · Multi-Family

203-205 Salem St

Malden, MA 02148

$1,162,000

$287 per sq ft

5
beds
4
baths
4,051
sq ft

Est. payment: $6,850/mo Estimated. Taxes and insurance included.

Lot (sq ft)
5,049
Year Built
1910
Type
Multi-Family
Status
For Sale
Property taxes (2026)
$9,894
Assessed value
$867,900
Days on Market
4

About this home

Exceptional opportunity in the heart of Malden! This well-maintained three-family property offers a versatile unit mix with strong owner-occupant and rental appeal. The two first-floor units each feature comfortable 1-bedroom layouts. The second-floor unit at 205 Salem Street offers a spacious 3-4 bedroom configuration, while the second-floor unit at 203 Salem Street includes 1 bedroom plus a home office, with exciting potential to expand into a 4-bedroom plus office by updating the third floor making this a real value-add opportunity for the keen investor, family or owner occupant. Ideally situated just minutes from Malden Center with multiple bus routes, and major commuter highways, this property provides easy access to downtown Boston and the surrounding communities. Residents will appreciate the vibrant community atmosphere and convenience of nearby shopping, dining, parks, and everyday amenities. Whether you’re looking to start your real estate portfolio or add to it, this property is a smart buy for any investment minded individual, family or company.

Facts & features

Interior

Total rooms
20
Appliances
Range, Refrigerator, Washer/Dryer

Systems & utilities

Water
Public
Sewer
Public Sewer

Exterior & parking

Total parking
3

Construction

Foundation
Concrete Perimeter
Year built
1910

Flood risk

Location

Map

Courtesy of Century 21 North East

MLS #: 73553796 · Updated: July 26, 2026

Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.