$923,000
722 Highland Ave
Malden, MA, 02148
Incredible location approximately 1 mile from Oak Grove Station, I-93, the hiking trails at Middlesex Fells Reservation, and walking distance to Fells Pond!! This well maintained two family home is ideal for an investor as both units are currently cash flowing! If you are an owner occupant, Unit 1 (one bedroom unit) could be delivered vacant. The 3 bedroom (second floor) unit is currently rented through Aug 2027 at $3,000 per month. The 1 bedroom (first floor) unit is rented via tenant at will for $1,950 per month. First floor unit contains a one bedroom apartment with a walk-in closet, a large mud room/bonus closet space, eat-in kitchen, in unit laundry, and private outdoor deck. Second unit contains 3 bedrooms on two floors, two bathrooms, in unit laundry, large open-concept living room that can also accomodate dining space, and two private outdoor balconies. The units are serviced by a parking lot in the back that can comfortably fit 3 cars, or 4 with a tandem spot. Main roof done in 2023. Please allow 24-48 hours notice for all showings!
Property Details
Price:
$923,000
MLS #:
73533688
Status:
Active
Beds:
4
Baths:
3
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Jun 10, 2026
Finished Sq Ft:
2,013
Total Sq Ft:
2,013
Lot Size:
7,320 sqft / 0.17 acres (approx)
Year Built:
1880
Units:
2
Schools
Interior
Above Grade Finished Area
2013
Appliances
Range, Refrigerator, Freezer, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Wall Unit(s)
Flooring
Hardwood
Heating
Forced Air, Natural Gas
Interior Features
Walk-In Closet(s), Bathroom With Tub & Shower, Slider, Ceiling Fan(s), Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
Levels
3
Exterior
Community Features
Public Transportation, Highway Access, Public School, T-Station
Exterior Features
Balcony/Deck
Lot Features
Steep Slope
Open Parking Spaces
3
Parking Features
Off Street
Parking Spots
3
Parking Total
3
Stories
3
Financial
Tax Year
2026
Taxes
$9,662
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…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Malden as of Sep 21, 2026
42
Multi Family Listed
67
Avg DOM
360
Avg $ / SqFt
$1,181,409
Avg List Price
Community
- Address722 Highland Ave Malden MA
- CityMalden
- CountyMiddlesex
- Zip Code02148
Subdivisions in Malden
Similar Listings Nearby
Property Summary
- 722 Highland Ave Malden MA is a Multi Family for sale in Malden, MA, 02148. It is listed for $923,000 To schedule a showing of MLS#73533688 at 722 Highland Ave in Malden, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Coldwell Banker Realty – Back Bay. 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.
722 Highland Ave
Malden, MA