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383 Highland Ave

Malden, MA 02148
$1,199,900
10 Beds
5 Baths
4,000 Living Area
  • Property Description
    Open House this Sat & Sun, 4/18 and 4/19, from 11:00 AM to 1:00 PM. Located in the heart of Malden Center, this property offers outstanding investment potential. Just 0.5 miles from the Malden Center Orange Line and close to multiple bus routes, it provides convenient access to downtown Boston and nearby universities, including Northeastern University. Situated on approximately 0.2 acres, the property offers around 4,000 square feet of living space, including a 1,656 sq ft addition completed in 2010. The home features a total of 20 rooms, including 10 bedrooms and 5 full bathrooms. Its flexible layout is ideal for multi-unit use or room-by-room rentals, offering strong income-generating potential. A key highlight is the rare and valuable parking: 5 garage spaces plus 7 additional off-street parking spots—highly desirable in this area and a major advantage for attracting tenants and maximizing rental value. Located in a high-demand rental market with excellent transit access.
  • Highlights
    • Cooling: Central Air
    • Parking Spots: 11
    • Property Type: Single Family Residence
    • Total Rooms: 19
    • Status: Active
    • Heating: Baseboard, Natural Gas
    • Property Class: Residential
    • Style: Colonial
    • Year Built: 1900
  • Additional Details
    • Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Construction: Frame
    • Flooring: Wood
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Source: Public Records
    • Basement: Full
    • Exterior Features: Porch
    • Foundation: Concrete Perimeter, Stone
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: ResA
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
    • Parking Features: Detached, Paved Drive, Off Street
    • Covered Parking Spaces: 5
  • Utilities
    • Electric: 220 Volts, Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,013,900
    • Taxes: $11,477
    • Tax Year: 2025

Location

383 Highland Ave, Malden, MA 02148

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Keller Williams Realty. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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