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29-31 Sprague St

Malden, MA 02148

$1,500,000
6Bedrooms
5Bathrooms
4,057Square feet
1900Year built

Residential Income · Active · MLS #73531709
Listing Courtesy of Greater Metropolitan R. E. | Ryan Bartlett

MLS PIN data

About this home

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

Details at a glance

Interior

Rooms
17

Building

Style
5+ Family - 5+ Units Up/Down
Year built
1900
Parking
5
Foundation
Brick/Mortar

Land & utilities

Lot size
0.14 acres
Water
Public
Sewer
Public Sewer
Zoning
ResA

Financial

Annual taxes
$14,896
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,549,845

Estimated range $1,412,973$1,686,717

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Malden

MetricThis propertyMalden
List price$1,500,000$1,010,00049% above local
Price / sq ft$370$3642% above local
Days on market305646% below local
Explore homes in Malden

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Bean Group guidance

Useful next steps

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Common questions

About 29-31 Sprague St

Can I schedule a private showing?

Yes. Request a tour of 29-31 Sprague 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.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.