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For Sale

29-31 Sprague St

Malden, MA

$1,500,000

6 bd/5 ba/4,057 sf

Courtesy of Greater Metropolitan R. E.

This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.

The listing brokerage last updated this record on October 6, 2026.

Photographs

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40 photographs from the listing brokerage, shown as they published them.

About this home

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.

The details

Property type
Multi-family
Bedrooms
6
Bathrooms
5
Interior
4,057 sq ft
Lot
0.14 acres
Year built
1900
Price per sq ft
$370
County
Middlesex
Taxes
$14,896 (2025)
Parking
5
Stories
5
Sewer
Public Sewer
Water
Public
Zoning
ResA
Days on market
116
MLS #
73531709

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