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For Sale

29-31 Sprague St, Malden MA 02148

Malden, MA 02148

$1.3M
6 BD · 5 BA · 4,057 sf · 0.14 ac · Built 1900
The residence

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.

At a glance
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
Location

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.

Estimated Monthly Payment+
$6K/mo
Approximate · principal & interest only
Display Currency
$1.3M

Indicative conversion — settlement always in USD.

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Listing courtesy of Greater Metropolitan R. E. · MLSPIN

MLS Property Information Network.The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

Listings updated Oct 13, 2026

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