Upcoming open house
Sat, Oct 31 · 12:00 PM–1:30 PM
Arrive prepared. Get the October 2026 Malden Bean Group Buyer’s Guide before you tour.
About this home
Discover the possibilities in a prime Malden location! This side-by-side two-family home offers flexible living arrangements, spacious layouts, and the potential to make the property your own. Both units feature three levels of living space and hardwood floors. Unit 1 is vacant and ready for its next owner or tenant. The first floor features a living room and dining room combination, full bathroom, and kitchen. Upstairs, the second floor offers three bedrooms and another full bathroom, while the top floor provides a fourth bedroom with added flexibility for guests, a home office, or additional living space. Unit 2 offers an opportunity to generate rental income from day one, with established tenants paying $3,250 per month through June 2027. The first floor features a combined living and dining room, a half bathroom, and a kitchen. The second floor offers two bedrooms, a den or home office, and a full bathroom, while the top floor features a third bedroom. Both units also offer basement laundry, and the property includes two off-street parking spaces. Conveniently located near the Northern Strand Community Trail and Green Street Park, with easy access to the Orange Line, downtown Malden’s shops and restaurants, Assembly Row, Encore Boston Harbor, and major routes into Boston. Whether you’re looking to expand your investment portfolio, owner-occupy while generating rental income, or explore the possibilities of a two-family property, 108 Madison Street is an opportunity worth exploring.
Listing last checked: Listing updated:
Listed by Wilson Group · Keller Williams Realty · MLS #73593446
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Details at a glance
Interior5 property facts
- Rooms
- 12
- Heating
- Central, Forced Air, Natural Gas
- Cooling
- Window Unit(s)
- Flooring
- Tile, Hardwood
- Basement
- Yes · Full, Bulkhead, Concrete, Unfinished
Building5 property facts
- Style
- 2 Family - 2 Units Side by Side
- Year built
- 1910
- Parking
- 2
- Foundation
- Other
- Roof
- Shingle, Rubber
Land & utilities5 property facts
- Lot size
- 0.06 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- Unknown
Financial2 property facts
- Annual taxes
- $9,203
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $999,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$5,818 / monthAdjust
- Principal & interest
- $5,051
- Property tax
- $767
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,203. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $1,017,169
Estimated range $974,831–$1,059,506.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 108 Madison St
Can I request a private showing?
Request a tour of 108 Madison St and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.