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Home Massachusetts Multi-Family Homes for Sale

21 Medford St. Malden, MA 02148
Open House: Sat 7/25 11:00 AM
42
$1,350,000
Total Beds: 9 Total Baths: 6
Total Units: 3 SQFT: 3617
LOT size: 0.26 Acres
21 Medford St.
Malden, MA 02148
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Property Description

Unique opportunity to own a renovated 3-Family home on a massive 11,154 sq./ft. lot. Whether you're seeking a strong income-producing asset, a parcel large enough to accommodate future redevelopment, or an owner-occupied investment property with a huge backyard, 21 Medford St. provides buyers with a wide range of possibilities. Recently refurbished in 2024 - the building consists of three (3) turn-key apartments that have consistently generated over $9,000/month at full occupancy. Each unit offers 3 bedrooms, 2 full bathrooms, in-unit laundry and an updated kitchen equipped with granite countertops and stainless-steel appliances. Open concept floorplans, recessed lighting and hardwood flooring can be found throughout. Outside, four (4) unencumbered street-level parking spots are positioned on the right-hand side of the house. On the left-hand-side, a long three (3) car driveway extends down toward the rear of the lot, abutting the backyard.
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 9
  • Total Full Baths: 6
  • Amenities: Conservation Area, Highway Access, House of Worship, Park, Private School, Public School, Public Transportation, Shopping, T-Station, University, Walk/Jog Trails
  • Basement Features: Partial, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 112200
  • Net Operating Income: 112200

Utilities

  • Electric Info: 200 Amps
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Vinyl
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73553843
  • Last Updated: 07/23/26

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Map

Seller's Representative: Joe Danisch, Coelho Realty Group LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

© 2026 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 2026-07-23 13:56:00

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