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Three-Family Home in Prime Edgeworth Location. Located just two blocks from Malden Station and close to the Fellsway , I-93 and Wellington Circle This classic three-family home sits in one of Edgeworth’s most desirable neighborhoods .Each unit features 5 rooms, including 2 bedrooms, a living room, a dining room with a built-in hutch, and a kitchen with a pantry and gas stove. All units have separate utilities, including three gas hot water heaters. Heating systems include two FHA units powered by oil and one 3-year-old FHA unit powered by gas. The roof was replaced in 2020, and the property has circuit breaker panels. Ring Camera on premises records.
Current real estate data for Multi Family in Malden as of Oct 27, 2025
38
Multi Family Listed
68
Avg DOM
356
Avg $ / SqFt
$1,024,499
Avg List Price

Property Details

Price:
$1,350,000
MLS #:
73434749
Status:
Pending
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Sep 24, 2025
Finished Sq Ft:
3,678
Total Sq Ft:
3,678
Lot Size:
3,676 sqft / 0.08 acres (approx)
Year Built:
1910
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms
Cooling
None
Heating
Central, Forced Air

Exterior

Community Features
Public Transportation
Construction Materials
Frame
Parking Features
On Street
Roof
Tar/Gravel

Financial

Net Operating Income
$36,780
Tax Year
2025
Taxes
$10,738

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Subdivisions in Malden

Property Summary

    38-40 Russell St Malden MA is a Multi Family for sale in Malden, MA, 02148. It is listed for $1,350,000 To schedule a showing of MLS#73434749 at 38-40 Russell St in Malden, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
38-40 Russell St
Malden, MA