Open House this Sat & Sun, 7/25 and 7/26, from 11:00 AM to 1:00 PM. Located in the heart of Malden Center, this property offers outstanding investment potential. Just 0.5 miles from the Malden Center Orange Line and close to multiple bus routes, it provides convenient access to downtown Boston and nearby universities, including Northeastern University. Situated on approximately 0.2 acres, the property offers around 4,000 square feet of living space, including a 1,656 sq ft addition completed in 2010. The home features a total of 20 rooms, including 10 bedrooms and 5 full bathrooms. Its flexible layout is ideal for multi-unit use or room-by-room rentals, offering strong income-generating potential. A key highlight is the rare and valuable parking: 5 garage spaces plus 7 additional off-street parking spots—highly desirable in this area and a major advantage for attracting tenants and maximizing rental value. Located in a high-demand rental market with excellent transit access.
This home has been viewed 7 times
Last Checked: July 27th, 2026 at 5:58am (Source: MLS PIN #73553480)
Garage Parking
Air Conditioning
Waterview
Lead Paint Free
General Information for 383 Highland Ave, Malden MA 02148
Listing ID73553480
Property TypeSingle Family / Detached
Price$1,180,000 ($295/SqFt)
StyleColonial
CityMalden
CountyMiddlesex
Neighborhood(s)
Garage Parking5
ZoningResA
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
Interior Features for 383 Highland Ave, Malden MA 02148
Approximate Living Area Total4000
Living Area Includes BasementNo
Rooms19
Bedrooms10
Primary En Suite BathroomYes
BasementFull
Cooling1, Split
Fireplaces
AppliancesRange
FlooringTile
Electric220 Volts
Exterior Features for 383 Highland Ave, Malden MA 02148
Approximate Lot Size (Acres)0.2
Approximate Lot Size (Square Feet)8825
Total Parking16 (5 Garage)
Garage Parking5
WaterPublic
SewerPublic Sewer
Lot Features
Parking Features1
Exterior FeaturesPorch
Foundation Materials
Construction MaterialsFrame
Road Frontage Type
Patio & PorchCovered
Roof MaterialAsphalt/fiberglass Shingles
Utility Connections110 Volts
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Pool Features
Horse Permitted0
Horse Amenities
Disclosures for 383 Highland Ave, Malden MA 02148
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Special Listing Conditions
ExclusionsElectric Fireplace
Compensation Based On
Financial Information for 383 Highland Ave, Malden MA 02148
Association Fee
Association Fee Frequency
Association Fee Includes
Real Estate Tax11477
Tax Year2025
Assessed Value$1,013,900
Location Information for 383 Highland Ave, Malden MA 02148
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 383 Highland Ave, Malden MA 02148