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3 Family at 60 Madison Street, Malden MA 02148
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$994,000

60 Madison Street, Malden MA 02148
Malden, MA 02148
Listed by Anna Mean
Bedrooms
5
Bathrooms
4
Living area
2,247 sqft
Year built
1900

About this home

Opportunity to own a well-located 3-family property near Malden Center, offering excellent access to public transportation (just 0.6 miles to the Malden T), as well as nearby shopping and dining. The first-floor unit features an eat-in kitchen with updated cabinets and laundry hookups, along with spacious rooms and vinyl and laminate flooring throughout. The second-floor unit offers an eat-in kitchen, generous living space, and an in-unit washer and dryer. The third-floor unit includes an updated kitchen and hardwood flooring throughout, plus private laundry in the basement. Additional highlights include a large rear patio, driveway parking for two cars, and a semi-finished basement with an additional bathroom. Recent improvements include updated heating systems for all units, a newer roof, enhanced front-of-the-house masonry and side steps. Ideal for investors or owner-occupants looking to live in one unit while generating rental income from the others. 1st FL vacant,

Property details

MLS
MLS Property Information Network
MLS #
73512508
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
172
On market date
May 5, 2026
Stories
3
Total bathrooms
4
Garage spaces
N/A
Parking spaces
2
Lot size
0.11 acres

Location

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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
Ferryway
0.51 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
896
Student:teacher ratio
13.2:1
District
Malden
Middle
Madeleine Dugger Andrews
1.65 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
0.44 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).

88
Highly walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies9

Market position

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

On the market 172 days -- 86 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

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Est. monthly payment
$6,136/mo
$198,800 down
$795,200 loan
Principal & interest$5,158
Property tax (est.)$828
Home insurance (est.)$150

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