$999,000
About this home
Discover the possibilities in a prime Malden location! This side-by-side two-family home offers flexible living arrangements, spacious layouts, and the potential to make the property your own. Both units feature three levels of living space and hardwood floors. Unit 1 is vacant and ready for its next owner or tenant. The first floor features a living room and dining room combination, full bathroom, and kitchen. Upstairs, the second floor offers three bedrooms and another full bathroom, while the top floor provides a fourth bedroom with added flexibility for guests, a home office, or additional living space. Unit 2 offers an opportunity to generate rental income from day one, with established tenants paying $3,250 per month through June 2027. The first floor features a combined living and dining room, a half bathroom, and a kitchen. The second floor offers two bedrooms, a den or home office, and a full bathroom, while the top floor features a third bedroom. Both units also offer basement laundry, and the property includes two off-street parking spaces. Conveniently located near the Northern Strand Community Trail and Green Street Park, with easy access to the Orange Line, downtown Malden’s shops and restaurants, Assembly Row, Encore Boston Harbor, and major routes into Boston. Whether you’re looking to expand your investment portfolio, owner-occupy while generating rental income, or explore the possibilities of a two-family property, 108 Madison Street is an opportunity worth exploring.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73593446
- Property type
- 2 Family - 2 Units Side by Side
- Subdivision
- N/A
- Status
- Active
- Days on market
- 2
- On market date
- October 21, 2026
- Stories
- 6
- Total bathrooms
- 3.5
- Garage spaces
- N/A
- Parking spaces
- 2
- Lot size
- 0.06 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 664
- Student:teacher ratio
- 10.5:1
- District
- Everett
- Enrollment
- 458
- Student:teacher ratio
- 10.7:1
- District
- Medford
- Enrollment
- 1,757
- Student:teacher ratio
- 14.1:1
- District
- Malden
Walkability
Blended score for Malden's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Malden, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
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.