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$1,199,900

383 Highland Ave, Malden MA 02148
Malden, MA 02148
Listed by Angela Cui
Bedrooms
10
Bathrooms
5
Living area
4,000 sqft
Year built
1900

About this home

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.

Property details

MLS #
73502451
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
5
Lot size
0.2 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Beebe
0.13 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
935
Student:teacher ratio
13.6:1
District
Malden
Middle
Madeleine Dugger Andrews
1.31 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
458
Student:teacher ratio
10.7:1
District
Medford
High
Malden High
0.83 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,757
Student:teacher ratio
14.1:1
District
Malden

Mortgage calculator

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Est. monthly payment
$7,376/mo
$239,980 down
$959,920 loan
Principal & interest$6,226
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated April 19, 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.