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3 Beds
3 Baths
2,505 sqft

$1,049,000

1239 Salem St, Malden MA, 02148

Price per sqft$418.76
Built in1935
Property size2,505 sqft
Property typeMulti-family

Overview

Active

New

Listed Oct 29, 2026

Updated 18h ago

Rarely does a property in Malden combine this much living space, land and flexibility. Offering ~2,505 sq. ft. of finished living space across three levels, off-street parking and an expansive ~0.37-acre lot, the property presents a compelling opportunity for investors, owner-occupants and multigenerational families. The main-level unit features 2 bedrooms, an open kitchen/living area, full bath and sun room off the kitchen, with direct access to the rear deck and expansive backyard. The ~829 sq. ft. finished lower level, accessible both internally from the main-level unit and through its own exterior walkout, features a living/family room, bedroom, office/den, full bath and wet bar. The second-floor unit, with its own dedicated exterior entrance, offers 2 bedrooms, full bath and an open kitchen/living area. Beyond the existing two-family use, the substantial rear yard may offer compelling potential for an accessory dwelling unit (ADU) under current state and local regulations. Convenient to MBTA bus service and area amenities. Buyers and/or buyer's agents to perform all due diligence, including verification of ADU eligibility, requirements and approvals.

$6,979/mo

Est. mortgage payment based on a $1,049,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73596579

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.37 Acres

Other Property Details

Taxes
$9,579
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Brian Woods with Woods Properties Inc.

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Data last updated 4:33 AM UTC, 10/31/2026

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