Exceptional 5-unit Victorian investment opportunity on a picturesque, tree-lined street in desirable Malden. 29–31 Sprague Street features four (4) one-bedroom units and one (1) three-bedroom unit, offering a strong unit mix for steady rental income. This classic property showcases beautiful period architecture and timeless curb appeal that stands out in today’s competitive market. Off-street parking provides significant added value — a rare amenity in this area. Priced at approximately $300,000 per unit, this asset offers compelling value-add potential through updates and rent optimization. Located in Malden’s high-demand rental market with convenient access to public transportation, major routes, shopping, and dining. Ideal for investors seeking cash flow and long-term appreciation.
29-31 Sprague St, Malden MA 02148
Malden, MA 02148
- Property type
- 5+ Family - 5+ Units Up/Down
- Status
- Active
- Year built
- 1900
- Lot size
- 0.14 acres
- Living area
- 4,057 sf
- MLS#
- b309b2892ffa3619863b8649c098119f
- Beds · Baths
- 6 · 5
Malden, MA.
Malden, Massachusetts, is a market our advisors follow closely — its streets, housing stock and setting each shape what a residence here is worth and how it lives day to day. We are glad to walk you through the locale in detail, and how this particular address sits within it.
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Listings updated Oct 13, 2026



