$1,180,000
383 Highland Ave
Malden, MA, 02148
Open House this Sat & Sun, 7/25 and 7/26, 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.
Property Details
Price:
$1,180,000
MLS #:
73553480
Status:
Active
Beds:
10
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jul 22, 2026
Finished Sq Ft:
4,000
Total Sq Ft:
4,000
Lot Size:
8,825 sqft / 0.20 acres (approx)
Year Built:
1900
Schools
Interior
Above Grade Finished Area
4000
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
5 Full Bathrooms
Cooling
Central Air
Flooring
Wood
Heating
Baseboard, Natural Gas
Exterior
Architectural Style
Colonial
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
Construction Materials
Frame
Covered Spaces
5
Exterior Features
Porch
Garage Spaces
5
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Detached, Paved Drive, Off Street
Parking Spots
11
Parking Total
11
Patio And Porch Features
Porch
Roof
Shingle
Window Features
Insulated Windows
Financial
Tax Year
2025
Taxes
$11,477
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Current real estate data for Single Family in Malden as of Aug 06, 2026
43
Single Family Listed
38
Avg DOM
417
Avg $ / SqFt
$794,003
Avg List Price
Community
- Address383 Highland Ave Malden MA
- CityMalden
- CountyMiddlesex
- Zip Code02148
Subdivisions in Malden
Similar Listings Nearby
Property Summary
- 383 Highland Ave Malden MA is a Single Family for sale in Malden, MA, 02148. It is listed for $1,180,000 and features 10 beds, 5 baths, and has approximately 4,000 square feet of living space, and was originally constructed in 1900. The current price per square foot is $295. The average price per square foot for Single Family listings in Malden is $417. The average listing price for Single Family in Malden is $794,003. To schedule a showing of MLS#73553480 at 383 Highland Ave in Malden, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Keller Williams Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors 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.
383 Highland Ave
Malden, MA