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INVESTMENT SNAPSHOT
About this property
Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.
Property details
| Units | 4 |
| Living area | 2,671 sqft |
| Lot size | 5,750 sqft |
| Year built | 1930 |
| Price / sqft | $515 |
| County | Middlesex |
| MLS # | 73527683 |
Listing status
| Days on market | 64 days |
| Listed on | June 1, 2026 |
Taxes & financials
| Annual property tax | $10,462 |
| Tax year | 2025 |
| Assessed value | $924,200 |
| Zoning | ResA |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 16 |
| Lot size | 0.13 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Malden →
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 468 Salem St, Malden MA 02148 have?
It is a 4-unit multi-family property with 2,671 sqft of living area, built in 1930.
How long has 468 Salem St, Malden MA 02148 been on the market?
468 Salem St, Malden MA 02148 has been listed for 64 days (since June 1, 2026).
What is the estimated cap rate on this 4-family in Malden?
Based on area median rents, the estimated cap rate is about 5.7%, with a Signal Score of 91/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,375,000 across 4 units, that works out to roughly $343,750 per unit.
What are the property taxes on 468 Salem St, Malden MA 02148?
Annual property taxes are $10,462 (2025), on an assessed value of $924,200.
What is the price per square foot?
At $1,375,000 for 2,671 sqft, that's about $515 per square foot.
Where is this property located?
468 Salem St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
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