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Open House this Sat & Sun, 4/18 and 4/19, 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.

More Info

Basic Information

  • Bedrooms10
  • Mls StatusActive
  • Bathroom5
  • Parcel Number M:029 B:139 L:903,592806

Tax Information

  • Tax Assessed Value $1,013,900
  • Tax Year 2025
  • Taxes$11,477

Parking

  • Parking Spaces11
  • Covered Spaces 5
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Detached, Paved Drive, Off Street

Rooms

  • Bathrooms Total Decimal 5
  • Full Bath5

Basic Information

  • List Price$1,199,900
  • MLS Number73502451
  • Modification Date04/19/2026
  • Property SubTypeSingle Family Residence

Location

  • Address383 Highland Avenue
  • Building Number383
  • CountyMiddlesex
  • StateMA
  • StreetHighland Avenue
  • TownMalden
  • Zip02148

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter, Stone
  • Garage Spaces5
  • Patio And Porch Features Porch
  • Property StyleColonial
  • Rooms19
  • Utilities For Gas Range
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.2

Interior

  • Flooring Wood

Exterior

  • Exterior Features Porch
  • RoofShingle

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Electric 220 Volts, Circuit Breakers
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet4,000
  • Building Area Source Public Records
  • Living Area 4,000
  • Lot Size Square Feet 8,825
  • Lot Size Units Acres

Amenities

  • Amenities
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
  • Appliances IncludedGas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Legal

  • ZoningResA

Other

  • Date Listed04/15/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Angela Cui of Keller Williams Realty

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