Multi Family at 513-515 Cross St, Malden MA 02148
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$850,000

513-515 Cross St, Malden MA 02148
Malden, MA 02148
Listed by Mark Hutchinson
Bedrooms
5
Bathrooms
3
Living area
2,662 sqft
Year built
1900

About this home

Opportunity awaits in this two-family home in Malden! Ideal for investors, builders, developers, or cash buyers, this property offers the chance to renovate and add value. The kitchens in both units and two of the three bathrooms have already been gutted, providing a blank canvas for your vision. The first-floor unit features 1-2 bedrooms, 1 full bath, high ceilings, and abundant natural light through oversized living and dining room windows. The upper unit spans the second and third floors and offers 3 bedrooms and 2 full baths. A spacious backyard presents potential for an accessory dwelling unit (ADU), subject to municipal approval, creating additional income possibilities. Conveniently located near Eastern Avenue with easy access to shopping, dining, public transportation, and major routes. Bring your ideas and unlock this property's potential!

Property details

MLS
MLS Property Information Network
MLS #
73546471
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
108
On market date
July 8, 2026
Stories
3
Total bathrooms
3
Garage spaces
N/A
Parking spaces
6
Lot size
0.18 acres
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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.

Elementary
Salemwood
0.35 mi away · Grades 0-8
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
934
Student:teacher ratio
11.3:1
District
Malden
Middle
Susan B. Anthony Middle School
1.85 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
564
Student:teacher ratio
11.1:1
District
Revere
High
Malden High
0.49 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

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).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies10

Market position

How this listing compares to current activity in Malden, from live MLS data.

On the market 108 days -- 22 more days than Malden's current average of 86 days.
For reference, the median list price across 457 active listings in Malden right now is $3,600.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,269/mo
$170,000 down
$680,000 loan
Principal & interest$4,410
Property tax (est.)$708
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 20 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.