550 Main St APT 5, Malden, MA, 02148
About This Home
Bright and inviting one-bedroom condo in a fantastic downtown Malden location! This charming unit features high ceilings, gleaming hardwood floors, an open living and kitchen area, and an abundance of natural light from multiple windows. The well-appointed kitchen offers generous cabinetry, gas cooking, a dishwasher, and stainless-steel appliances. A spacious primary bedroom, central air, common coin-operated laundry, private basement storage, and one off-street parking space add to the convenience. Ideally situated near Malden Center T Station, restaurants, shops, and everything downtown Malden has to offer. A wonderful opportunity for an owner-occupant or investor!
Getting Around
Walker's Paradise
Excellent Transit
BikeableSchools
Construction
Condition
- Year built: 1925
Type & Style
- Home type: Condo
- Property subType: Condominium
Interior
Appliances
- Appliances included: Range,Dishwasher,Refrigerator
- Laundry features: In Basement,Common Area,In Building
Basement
- Has basement: Yes
Bathroom1
- Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
- Level: First
- Area: 25.1121
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Closet,Entrance Foyer
- Flooring: Wood
- Finished area above ground: 558
- Common walls with other units/homes: Corner
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 558
- Total interior livable area: 558 sqft
Kitchen
- Features: Flooring - Wood, Open Floorplan, Recessed Lighting, Gas Stove
- Level: First
- Area: 119.56
Living Room
- Features: Flooring - Wood, Recessed Lighting
- Level: First
- Area: 179.08
Master Bathroom
- Features: No
Master Bedroom
- Features: Flooring - Wood
- Level: First
- Area: 152.459999999
Property
Details
- Parcel number: 4271487
- Attached to another structure: Yes
- Zoning: ResB
Features
- Entry location: Unit Placement(Street)
Parking
- Total spaces: 1
- Parking features: Off Street
- Uncovered spaces: 1
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 | $1,795 | $21,540 |
| Home Insurance * | $100 | $1,200 |
| Property Taxes | $340 | $4,080 |
| Electricity | $354 | $4,259 |
| Total | $2,589 | $31,068 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Price change | $349,900 |
| 2026-07-22 | Listed for sale | $355,000 |
| 2025-06-21 | Listing removed | $2,400 |
| 2025-05-31 | Listed for rent | $2,400 |
| 2023-02-13 | Sold | $305,000 |
| 2023-01-04 | Price change | $305,000 |
| 2022-11-22 | Listed for sale | $325,000 |
| 2019-11-22 | Sold | $282,000 |
| 2019-10-17 | Pending sale | $269,000 |
| 2019-10-09 | Listed for sale | $269,000 |
| 2005-10-28 | Sold | $202,000 |
| 2001-08-03 | Sold | $131,900 |
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