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You are here:
Home Massachusetts Malden Multi-Family Homes for Sale

722 Highland Ave Malden, MA 02148

14 Days on Boston Pads
27 Photos
$995,000
2 Unit
4 Beds
3 Baths
2013 SQFT
0.17 Acre
722 Highland Ave
Malden, MA 02148

Property Description

Beautiful 2-family home located in Malden’s desirable West End, offering an excellent opportunity for both owner-occupants and investors. Unit 1 is currently rented, and well-maintained, long-term tenant in place with a strong history of on-time payments. while Unit 2 offer large layouts with great ceiling height, flexible floor plans, and tremendous potential for customization. Updates are needed, but the property features solid structure, paved driveway, vinyl siding, hardwood floors, private decks, and spacious bedrooms. Additional highlights include gas heating, separated utilities, front and rear egress, and ample natural light throughout all units. The property sits on a quiet residential street close to Oak Grove Station, bus routes, parks, shopping, and Malden Center. A rare chance to add value and build long-term equity in a high-demand rental market. Property sold as-is.

Property Overview

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Conservation Area, Park, Private School, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Ceiling Fans
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Active Solar, Electric Baseboard, Extra Flue, Gas, Heat Pump, Hot Water Radiators

Financial

  • APOD Available: No
  • Gross Operating Income: 19500
  • Net Operating Income: 19500

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: mwra

Unit 1 Description

  • Included in Rent: None
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1880
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73457210
  • Last Updated: 11/26/25
  • Terms: Lease Option, Seller 2nd

Date Event Price Price/Sq Ft Source
11/26/2025Active$995,000$494MLSPIN
11/22/2025New$995,000$494MLSPIN

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Map & Resources

Medford Fire Department

Fire Station

0.51mi

Joseph F. Gaffey Memorial Tennis Courts

Sports Centre. Sports: Tennis

0.31mi

Middlesex Fells Reservation

Nature Reserve

0.25mi

Amerige Field

Municipal Park

0.3mi

Carr Park

Municipal Park

0.35mi

Fellsmere Park

Municipal Park

0.38mi

John R. Horne Jr. DMD

Dentist

0.37mi

Highland Ave @ Pamela Circle

99

0.07mi

Highland Ave @ McCormack St

99

0.07mi

Highland Ave @ Rita Dr

99

0.1mi

Highland Ave @ Blomerth St

99

0.11mi

Highland Ave opp Circle Rd

99

0.13mi

Highland Ave @ Circle Rd

99

0.16mi

Highland Ave @ Glenwood St

99

0.21mi

Highland Ave @ Waddell St

99

0.26mi

Seller's Representative: Tianshi Liang, Hooli Homes Boston
MLS ID#: 73457210

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-26 03:05:00