Active
285 Days on market
48 Tremont Street Malden — Photo 1 of 42

48 Tremont Street Malden — Photo 1 of 42

Recent Drop: $400,001

$2,400,000
$1,999,999

$1,999,999

48 Tremont Street, Malden, MA 02148

Malden, MA 02148

Beds

7

Baths

9

SqFt

5,888

Style

5-9 Family

Built

1920

Location, Location, Location!! Exceptional - 9 family apartment building. Great investment opportunity. On the bus line. Close to downtown Malden. Less than one mile from Malden Center T Station - the orange line. Complex consists of two studios, five one bedrooms and two one bedroom plus office room. Large parking lot with three garages. Fully occupied building. Perfect for 1031 exchange.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$340/sqft
Local Avg (Malden)$346/sqft
2% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Malden, MA.

Property Details

Financials

Original Price$2,400,000
Annual Taxes$16,602

Parking

Garage3
Off-Street12

Interior Specifications

Total Rooms29
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationBlock, Brick/Mortar
ZoningResA

Property & Lot

Acres0.15
SqFt Lot6,525
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Property History

Price Drop
$1,999,999

Was $2,250,000

Sep 21, 2026

MLS® 73461791

Price Drop
$2,250,000

Was $2,350,000

May 18, 2026

MLS® 73461791

Price Drop
$2,350,000

Was $2,400,000

Apr 12, 2026

MLS® 73461791

Listed
$2,400,000

Dec 11, 2025

MLS® 73461791

Listed
$1,999,999

Dec 11, 2025

MLS® 73461792

Population

65,906

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$101K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Full Malden, MA market report ZIP 02148 market data
Listing Provided By

Listing Agent: Maria Dipierro

Listing Office: Atlantic Realty Services

MLS® Number: 73461791

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