183 Madison St, Malden, MA, 02148
About This Home
Taken down to the studs in a full gut renovation, this two-family is in a well-connected Malden neighborhood and is rebuilt with all-new systems and finishes, with completion targeted for early-August. This can’t miss property delivers two separate units, a two-bedroom and a three-bedroom, each with its own living space and brand-new kitchens and baths. A full finished basement adds flexible space for entertainment and home office. Both units have laundry connections and each feature two zones for heating and cooling. The home sits on a corner lot with a covered porch and newly finished driveway. Frame construction, vinyl exterior, and an asphalt shingle roof. Close to the MBTA and Orange Line, Route 1, shopping, parks, and Encore Boston Harbor, with quick access into downtown Boston. Move-in ready at completion, a strong fit for an owner-occupant seeking rental income or an investor adding a fully renovated multi-family in a high-demand market. Buyer and buyer's agent to verify all room counts, square footage, unit configuration, and any rental figures.
Getting Around
Very Walkable
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Living Room,Kitchen,Family Room,Laundry Room,Living RM/Dining RM Combo,Office/Den
- Window features: Insulated Windows
- Flooring: Tile,Hardwood
- Finished area below ground: 690
- Finished area above ground: 2,758
Interior Area
- Total structure area: 3,448
- Total interior livable area: 3,448 sqft
Property
Details
- Parcel number: M:0066 B:0305 L:0510,594790
- Zoning: ResA
Features
- Patio & porch: Porch
Lot
- Lot size: 2,640 sqft
- Features: Corner Lot
Parking
- Total spaces: 2
- Parking features: Paved Drive,Off Street,Tandem,Driveway
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Inland Flooding
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,079 | $84,948 |
| Home Insurance * | $397 | $4,764 |
| Property Taxes | $1,178 | $14,136 |
| Electricity | $679 | $8,159 |
| Total | $9,333 | $111,996 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-24 | Listed for sale | $1,400,000 |
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