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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.

More Info

Basic Information

  • Gross Income $31,800
  • Mls StatusNew
  • Parcel Number M:0172 B:0512 L:0233,602826
  • Rent Includes Unit 2(Heat, Gas, Water, Hot Water)

Tax Information

  • Tax Assessed Value $840,300
  • Tax Year 2026
  • Taxes$9,579

School Information

  • Elementary SchoolLinden
  • High SchoolMalden
  • High School Malden High

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street
  • Parking Spaces4

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms3
  • Full Bath3

Basic Information

  • List Price$1,049,000
  • MLS Number73596579
  • Modification Date10/30/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address1239 Salem Street
  • Building Number1239
  • CountyMiddlesex
  • NeighborhoodLinden
  • StateMA
  • StreetSalem Street
  • SubdivisionLinden
  • TownMalden
  • Zip02148

Building

  • BasementFull, Finished, Walk-Out Access, Interior Entry
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 3
  • Patio And Porch Features Deck
  • Rooms12
  • Stories3
  • Units2
  • Window Features Picture Window
  • Year Built1935
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.37
  • Other Structures Shed(s)

Interior

  • Flooring Wood
  • Interior Features
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Kitchen
    • Living Room
    • Office/Den
    • Slider
    • Smart Thermostat
    • Stone/Granite/Solid Counters

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Cooling Wall Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers, Common
  • Heat SystemYes
  • Heating Natural Gas, Electric
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Other
  • Living Area 2,505
  • Lot Size Square Feet 16,021
  • Lot Size Units Acres
  • Square Feet2,505

Amenities

  • Appliances IncludedRange, Disposal, Microwave, Refrigerator, Freezer, Dishwasher
  • Other AmenitiesBasement

Other

  • Date Listed10/29/2026
  • Farm Land Area Units Square Feet
  • Other Equipment Satellite Dish

Map Location

Driving Directions

Listed by Brian Woods of Woods Properties Inc.

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