$1,500,000
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.
Property details
- MLS #
- 73531709
- Property type
- 5+ Family - 5+ Units Up/Down
- Subdivision
- N/A
- Status
- Active
- Days on market
- 80
- On market date
- June 8, 2026
- Stories
- 5
- Total bathrooms
- 5
- Garage spaces
- N/A
- Parking spaces
- 5
- Lot size
- 0.14 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 896
- Student:teacher ratio
- 13.2:1
- District
- Malden
- Enrollment
- 458
- Student:teacher ratio
- 10.7:1
- District
- Medford
- Enrollment
- 1,757
- Student:teacher ratio
- 14.1:1
- District
- Malden
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 9, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.