Date
Details
Price
Change
Source
6/08/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,500,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 29-31 Sprague St
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General
- Price: $1,500,000
- Taxes: $14,896 (2025)
- Status: Active
- Type: Multi-Family
- MLS ID: 73531709
- Updated: 6/12/2026
- Added to Site: 5 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Paved Drive
Location
- County: Middlesex
Structural Information
- Stories/Levels: 5
- Square Feet: 4,057
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.14
Financial Considerations
- Tax Amount: $14,896
- Tax Year: 2025
Disclosures and Reports
- Property ID: M:074 B:262 L:204, 595523
Listed by Greater Metropolitan R. E., Ryan Foley
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Listing agent
— 29-31 Sprague St —
Ryan Foley
Greater Metropolitan R. E.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 29-31 Sprague St
School District:Malden School District
| Name | Grades | Distance |
|---|---|---|
Ferryway School 150 Cross Street, Malden, MA 02148 | K-8 | 0.6 mi |
Salemwood School 529 Salem Street, Malden, MA 02148 | K-8 | 0.7 mi |
Beebe School 401 Pleasant Street, Malden, MA 02148 | K-8 | 0.8 mi |
Malden High School 77 Salem Street, Malden, MA 02148 | 9-12 | 0.2 mi |
Forestdale School, Malden, MA 74 Sylvan Street, Malden, MA 02148 | K-8 | 1 mi |
Linden School 29 Wescott Street, Malden, MA 02148 | K-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29-31 Sprague St
Tax History
Tax History for 29-31 Sprague St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$149
-99%
$1,315,900
8%
2024
$14,304
3%
$1,223,600
7%
2023
$13,922
6%
$1,142,100
7%
2022
$13,149
3%
$1,064,700
2%
2021
$12,818
-11%
$1,043,000
-9%
2020
$14,467
11%
$1,143,600
16%
2019
$13,086
26%
$986,100
33%
2018
$10,425
8%
$739,900
9%
2017
$9,621
4%
$679,000
11%
2016
$9,269
5%
$611,400
9%
2015
$8,848
9%
$562,500
11%
2014
$8,143
—
$505,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 29-31 Sprague St
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- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,047Sq. Ft.
Listed by Katelyn E Sullivan (508) 561-6197
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- Multi-Family
- Active
- Updated 57 minutes ago
- 2Units
- 8Total Beds
- 0.11Acres
- Multi-Family
- Active
- Updated 1 day ago
- 3Units
- 5Total Beds
- 0.09Acres
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29-31 Sprague St, Malden, MA 02148 (MLS# 73531709) is a Multi-Family property with 5 units containing 6 bedrooms and 5 full bathrooms. 29-31 Sprague St is currently listed for $1,500,000 and was received on June 08, 2026. Want to learn more about 29-31 Sprague St? Do you have questions about finding other Multi-Family real estate for sale in Malden? You can browse all Malden real estate or contact a Coldwell Banker agent to request more information.