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The Fava Group
"The Fava Group" Maine to New Hampshire RealtorsĀ®
REALTORS®, LUXBHGRE - Luxury Homes
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1239 Salem St, Malden, MA 02148

$1,049,000
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New to the Market Active
BEDS3 BATHS3 full SQUARE FEET2,505 MLS#73596579
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Rarely does a property in Malden combine this much living space, land and flexibility. Offering ~2,505 sq. ft. of finished living space across three levels, off-street parking and an expansive ~0.37-acre lot, the property presents a compelling opportunity for investors, owner-occupants and multigenerational families. The main-level unit features 2 bedrooms, an open kitchen/living area, full bath and sun room off the kitchen, with direct access to the rear deck and expansive backyard. The ~829 sq. ft. finished lower level, accessible both internally from the main-level unit and through its own exterior walkout, features a living/family room, bedroom, office/den, full bath and wet bar. The second-floor unit, with its own dedicated exterior entrance, offers 2 bedrooms, full bath and an open kitchen/living area. Beyond the existing two-family use, the substantial rear yard may offer compelling potential for an accessory dwelling unit (ADU) under current state and local regulations. Convenient to MBTA bus service and area amenities. Buyers and/or buyer's agents to perform all due diligence, including verification of ADU eligibility, requirements and approvals.

1239 Salem St | MLS# 73596579

This multi-family property located at 1239 Salem St, Malden, MA 02148 is currently listed for sale with an asking price of $1,049,000. Search Malden real estate on thefavagroup.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Finished, Walk-Out Access, Interior Entry
Cooling: Wall Unit(s)
Fenced: Yes
Heating: Natural Gas, Electric
Lot Size: 0.37 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $9,579
Year Built: 1935

Amenities

Stone/Granite/Solid Counters
Bathroom with Shower Stall
Bathroom With Tub & Shower
Smart Thermostat
Slider
Living Room
Kitchen
Office/Den
Balcony/Deck
Rain Gutters

Feature Descriptions

Appliances: Range, Disposal, Microwave, Refrigerator, Freezer, Dishwasher
Building Area Total: 2505
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 6
Dwelling Type: 2 Family - 2 Units Up/Down
Electric: Circuit Breakers, Common
Fencing: Fenced/Enclosed, Fenced
Flooring: Wood
HeatingY/N: 1
Laundry: Dryer Hookup
Open Parking Y/N: Yes
Other Structures: Shed(s)
Parcel Number: M:0172 B:0512 L:0233,602826
Parking Features: Paved Drive, Shared Driveway, Off Street
Parking Total: 4
Patio And Porch: Deck
Rent Includes: Unit 2(Heat, Gas, Water, Hot Water)
Rooms Total: 12
Sewer: Public Sewer
Units: 2
Water: Public
Window Features: Picture Window

Local Schools

High School: Malden High
Elementary School: Linden

Listed By / Shown By

Listed By

Agency Name: Woods Properties Inc.
Agent Name: Brian Woods
Agency Phone: 781-308-3914

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Estimated Payment

$ 3,438.83 per month $2,334.62 Principal & Interest $798.25 Property Tax $305.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/05/2026. The listing information on this page last changed on 11/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 11/05/2026 12:00:06 AM EST) or MLSPIN MLS (last updated Wed 11/04/2026 11:38:31 PM EST) or Prime MLS (last updated Wed 11/04/2026 11:33:25 PM EST) or MREIS (last updated Wed 11/04/2026 11:55:20 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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