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INVESTMENT SNAPSHOT
About this property
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 ideal for an investor or for an owner occupant looking to occupy a one bedroom apartment. The 3 bedroom (second floor) unit is currently rented through Aug 2027 at $3,000 per month. The 1 bedroom (first floor) unit is rented via tenant at will for $1,950 per month and could be deliverd vacant. 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!
Property details
| Units | 2 |
| Living area | 2,013 sqft |
| Lot size | 7,320 sqft |
| Year built | 1880 |
| Price / sqft | $459 |
| County | Middlesex |
| MLS # | 73533688 |
Listing status
| Days on market | 62 days |
| Listed on | June 10, 2026 |
Taxes & financials
| 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 | $4,950/mo |
Building & lot
| 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 |
Utilities & systems
| Heating | Forced Air, Natural Gas |
| Cooling | Wall Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Refrigerator, Freezer, Washer, Dryer |
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 722 Highland Ave, Malden MA 02148 have?
It is a 2-unit multi-family property with 2,013 sqft of living area, built in 1880.
How long has 722 Highland Ave, Malden MA 02148 been on the market?
722 Highland Ave, Malden MA 02148 has been listed for 62 days (since June 10, 2026).
What is the price per unit?
At a list price of $923,000 across 2 units, that works out to roughly $461,500 per unit.
What are the property taxes on 722 Highland Ave, Malden MA 02148?
Annual property taxes are $9,662 (2026), on an assessed value of $847,500.
What is the price per square foot?
At $923,000 for 2,013 sqft, that's about $459 per square foot.
Is there parking?
3 total parking spaces (off street).
Where is this property located?
722 Highland Ave, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
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