468 Salem St Malden — Photo 1 of 42
$1,375,000
Investment Analysis — 468 Salem St
Malden, MA 02148
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-unit multi-family in 02148 carries an estimated $11,160/mo in gross rent — about a 6.64% cap rate and $91,317/yr in estimated NOI at the $1,375,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
4
SqFt
2,671
Style
4 Family
Built
1930
Turnkey 4-family investment opportunity rebuilt from the studs in 2016 with modern systems, updated finishes and low-maintenance ownership appeal. Ideal for investors seeking strong rental stability or owner-occupants looking to offset living costs with solid in-place income. Positioned on bustling Salem St with an MBTA bus stop directly at the doorstep and easy access to Malden Center/Oak Grove Orange Line stations for seamless commuting into Boston. Convenient to Route 60, Route 1, I-93, and downtown Boston, making this a prime location for tenants. Street parking and minimal landscaping significantly reduce ongoing maintenance and operating expenses. A rare opportunity to own a newer-construction multifamily asset in a high-demand rental market with excellent transit connectivity and long-term appreciation potential.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property History
$2,150
Jun 22, 2026
MLS® 73482161
$1,375,000
Jun 1, 2026
MLS® 73527683
$2,100
May 15, 2026
MLS® 73482174
$2,100
Mar 3, 2026
MLS® 73482174
$2,150
Mar 3, 2026
MLS® 73482161
$2,500
Jun 26, 2025
MLS® 73371910
$2,100
Jun 2, 2025
MLS® 73380405
$2,100
May 27, 2025
MLS® 73380405
$2,100
May 14, 2025
MLS® 73371251
$2,500
May 8, 2025
MLS® 73371910
$2,100
May 7, 2025
MLS® 73371251
Listing Agent: Mission Impossible Team
Listing Office: United Brokers
MLS® Number: 73527683