29-31 Sprague St
Malden, MA 02148
6
Bed
5
Bath
4,057Sqft
0.14Acre(Lot)
Exceptional 5-unit Victorian investment opportunity on a picturesque, tree-lined street in desirable Malden. 29–31 Sprague Street features four (4) one-bedroom units and one (1) three-bedroom unit, offering a strong unit mix for steady rental income. This classic property showcases beautiful period architecture and timeless curb appeal that stands out in today’s competitive market. Off-street parking provides significant added value — a rare amenity in this area. Priced at approximately $300,000 per unit, this asset offers compelling value-add potential through updates and rent optimization. Located in Malden’s high-demand rental market with convenient access to public transportation, major routes, shopping, and dining. Ideal for investors seeking cash flow and long-term appreciation.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Total Bedroom: 6 -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1900 -
Exterior Features
Foundation Details: Brick/Mortar
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Lot Information
Lot Size Area: 0.14 Lot Size Units: Acres Lot Square Feet: 6,255 Lot Acres: 0.14 Stories: 5 Main Square Feet: 0.14Property Information
Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 4,057
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Listing Price Information
Original Listing Price: $1500000
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Tax Information
Parcel Number: M:074 B:262 L:204,595523 Annual Tax: $14896
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Parking Information
Parking Total: 5 Paved Drive
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Location Information
Direction: GPS
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 33 Blaine St, Malden, MA, 02148 | $1,098,000 | 3 | 4 | 2,700 | 2,700 SqFt |
| 305 Lynn St, Malden, MA, 02148 | $995,000 | 4 | 3 | 2,048 | 2,048 SqFt |
| 38 Clapp St., Malden, MA, 02148 | $5,950,000 | 30 | 18 | 16,512 | 16,512 SqFt |
| 145 Oliver St, Malden, MA, 02148 | $749,000 | 4 | 2 | 1,809 | 1,809 SqFt |
| 165 Central Ave, Malden, MA, 02148 | $899,000 | 4 | 3 | 2,801 | 2,801 SqFt |
| 47 Leonardo Ave, Malden, MA, 02148 | $699,900 | 3 | 3 | 1,296 | 1,296 SqFt |
| 26 Central Ave, Malden, MA, 02148 | $849,000 | 3 | 3 | 1,778 | 1,778 SqFt |
| 29 Bowman St, Malden, MA, 02148 | $899,000 | 4 | 3 | 2,368 | 2,368 SqFt |
| 37 Bent Ave, Malden, MA, 02148 | $769,000 | 4 | 2 | 1,800 | 1,800 SqFt |
| 71 Williams St, Malden, MA, 02148 | $749,000 | 3 | 2 | 1,248 | 1,248 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 22:32
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