383 Highland Ave Malden — Photo 1 of 37
$1,180,000
383 Highland Ave, Malden, MA 02148
Malden, MA 02148
Beds
10
Baths
5
SqFt
4,000
Style
Single Family
Built
1900
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.
Key facts
It was listed on July 22, 2026. The annual property taxes are $11,477 (2025 tax year). It sits on a 0.2-acre (8,825 sq ft) lot.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Malden, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Property History
$1,180,000
Jul 22, 2026
MLS® 73553480
$1,180,000
Jul 15, 2026
MLS® 73502451
$1,180,000
Apr 15, 2026
MLS® 73502451
$1,250,000
Jan 10, 2025
MLS® 73230532
$1,250,000
Apr 30, 2024
MLS® 73230532
Questions about this home
When was 383 Highland Ave, Malden listed?
383 Highland Ave, Malden was listed on July 22, 2026.
Has the price of 383 Highland Ave, Malden changed?
The price hasn't changed since it was listed at $1,180,000.
What are the property taxes for 383 Highland Ave, Malden?
The annual property taxes for 383 Highland Ave, Malden are $11,477 (2025 tax year).
How big is the lot at 383 Highland Ave, Malden?
383 Highland Ave, Malden sits on a 0.2-acre (8,825 sq ft) lot.
What is the status of 383 Highland Ave, Malden?
383 Highland Ave, Malden is actively listed for sale.
Population
65,906
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$101K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
58.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 4,000 sq ft principal dwelling). Lot size: 8,825 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Angela Cui
Listing Office: Keller Williams Realty
MLS® Number: 73553480
