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INVESTMENT SNAPSHOT
About this property
Attention investors and DIY buyers bring your creative ideas and transform this property into a fantastic investment or your home. Located in a desirable area with high rental demand. This spacious two-family offers approximately 2,270 sq. ft of living space, featuring 10 rooms, 2 bathrooms, eat in kitchens, built-ins, and an enclosed porch. The roof was replaced in 2021, 18 vinyl windows replaced in 2022. Set on a generous 6,111 sq ft lot, the property includes a driveway, a two car garage, and ample outdoor space - perfect for creating a patio, garden, or play area. The first floor Unit has the potential to be converted into a two bedroom and the second unit as a 4 bedroom. This property has great bones - however, requires updates. This property will not qualify for FHA financing and is being sold as is, ideal for cash or rehab financing.Conveniently located near Malden Center, MBTA, parks, local shops, restaurants and with easy highway access to Route 16, Route 1 and Route 93.
Property details
| Units | 2 |
| Living area | 2,270 sqft |
| Lot size | 6 sqft |
| Year built | 1900 |
| Price / sqft | $286 |
| County | Middlesex |
| MLS # | 73519208 |
Listing status
| Days on market | 47 days |
| Listed on | May 14, 2026 |
Taxes & financials
| Annual property tax | $8,833 |
| Tax year | 2026 |
| Assessed value | $721,800 |
| Zoning | ResA |
| Total actual rent | $0/mo |
Building & lot
| Stories | 3 |
| Total rooms | 10 |
| Lot size | 0 acres |
| Garage spaces | 2 |
| Parking spaces | 8 |
| Parking | Off Street, Paved |
| Basement | Full, Bulkhead, Concrete |
| Foundation | Stone |
| Roof | Shingle |
| Flooring | Wood, Tile |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Oven |
Location
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Listing courtesy of United Realty Group — Vivian Rosado. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 74 Madison, Malden MA 02148 have?
It is a 2-unit multi-family property with 2,270 sqft of living area, built in 1900.
How long was 74 Madison, Malden MA 02148 on the market before it sold?
74 Madison, Malden MA 02148 sold after about 169 days on the market (listed May 14, 2026, closed October 30, 2026).
What is the estimated cap rate on this 2-family in Malden?
Based on area median rents, the estimated cap rate is about 5.4%, with a Signal Score of 90/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $700,000 across 2 units, that works out to roughly $350,000 per unit.
What are the property taxes on 74 Madison, Malden MA 02148?
Annual property taxes are $8,833 (2026), on an assessed value of $721,800.
What is the price per square foot?
At $700,000 for 2,270 sqft, that's about $286 per square foot.
Is there parking?
2 garage spaces and 8 total parking spaces (off street, paved).
Where is this property located?
74 Madison, Malden MA 02148 is in Malden, Middlesex County, MA 02148.
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