LKV Realty
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$1,500,000
$6,000Reward *
29-31 Sprague St, Malden, MA 02148Listing ID 73531709

29-31 Sprague St, Malden, MA 02148

Active
Forestdale
Time on site: 66 daysLast updated: Jul 9, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
5+ Family - 5+ Units Up/Down
Bedrooms
Bedrooms
6
Bathrooms
Bathrooms
5
Square Feet
Square Feet
4,057
Acres
Acres
0.14
Days on Site
Days on Site
66
Year Built
Year Built
1900
Stories
Stories
5
Parking
Parking
Paved Drive

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 Information

Property Details

Location

Address
29-31 Sprague St
County
Middlesex
City
Malden
Zip Code
02148
Subdivision
Forestdale
MLS Area
Forestdale

Interior Features

Beds and Baths

Bedrooms
6
Full Bathrooms
5

Building

Building Information

Square Feet
4,057
Year Built
1900
Stories
5
Foundation
Brick/Mortar

Property Taxes

Tax Annual Amount
$14,896
Tax Year
2025
Greater Metropolitan R. E., (617) 523-2505

Market Report for 02148

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Property Information Network, Inc.
MLS Property Information Network, Inc. logo

Based on information submitted to the MLS GRID as of 13 Aug 2026, 12:15 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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