Malden Homes under $1 million

Welcome to Malden, Massachusetts—a vibrant city nestled in the heart of Middlesex County, just a stone's throw from the bustling streets of Boston. Known for its rich history and diverse community, Malden offers a unique blend of urban convenience and suburban charm, making it a fantastic place to call home.

One of the most appealing aspects of Malden is its affordability, especially for first-time homebuyers and families looking for value. With a variety of homes under $1 million, you can find everything from cozy single-family houses to modern condominiums, all set against a backdrop of tree-lined streets and friendly neighborhoods. Whether you’re seeking a quaint starter home or a spacious property for your growing family, Malden has something to suit every lifestyle and budget.

The city is well-equipped with excellent amenities, including parks, schools, and shopping centers, ensuring that residents have access to everything they need. Malden's public transportation options make commuting to Boston a breeze, allowing you to enjoy the city’s vibrant culture while returning to the peaceful comfort of your home.

Additionally, Malden boasts a rich tapestry of cultural diversity, reflected in its array of restaurants, shops, and community events. From local farmers' markets to neighborhood festivals, there’s always something happening in this lively city.

If you’re looking for an affordable home in a welcoming community with easy access to the excitement of metropolitan life, Malden is the perfect place to start your journey. Explore the possibilities and discover your dream home in this charming Massachusetts gem today!

Newest Malden Homes under $1 million

$859,000

5 Beds ⋅ 2 Baths ⋅ 73586638 MLS

NEWLY RENOVATED AND VACANT TWO FAMILY IN MALDEN!! Excellent opportunity for both owner-occupants and investors. Qualifying owner-occupants can take advantage of Malden’s 35% residential tax exemption, offering significant potential property-tax savings! This turnkey property has been extensively updated and is ready for its next owner. The vacant first-floor unit features 1 bedroom and 1 full bath with a bright, clean, move-in-ready layout. Market rent is estimated at approximately $2,200/month, offering strong income potential from day one.The spacious upper unit spans the second and third floors and has the feel of a true owner’s unit. The second level features a beautifully updated kitchen with attractive cabinetry that flows naturally into a dedicated dining area. The dining space also includes the refrigerator and a modern stackable washer and dryer, both included with the property. A thoughtfully designed separation wall provides definition and privacy for the laundry area while maintaining an open, seamless flow into the kitchen.From the dining area, step out onto the second-level rear porch, a great spot for a couple of chairs and a small table to enjoy morning coffee, hot chocolate, or crisp New England fall weather. The second level also offers a comfortable living room and one bedroom.The third floor provides 3 additional generously sized bedrooms, including the primary bedroom. Fresh paint, ceiling fans throughout, renovated living spaces, and a nicely updated bathroom give the home a clean, modern, move-in-ready feel. Market rent for the upper 4-bedroom unit is estimated at approximately $4,000/month, creating compelling owner-occupant or investment potential.Outside, the property offers great curb appeal with aluminum siding, a freshly painted blue exterior, manicured landscaping, and a private backyard. Multiple TV mounting brackets are already installed in several bedrooms, adding another convenient turnkey feature. Additional highlights include a clean basement and newer water tank.With both units vacant, strong market rents, extensive renovations, and a flexible layout, this is a rare opportunity to move in, rent out, or build your portfolio from day one. Turnkey multifamily opportunities like this in Malden don’t come around often — schedule your showing and see the potential for yourself.

73 West St, Malden

Listing courtesy of Listing Agent: Armando Roman from Listing Office: Signature Realty.

$849,900

5 Beds ⋅ 2 Baths ⋅ 73585552 MLS

Large multi family with over 10 off-street parking spaces. This home offers a rare level of convenience that’s hard to find in the area. The first-floor unit features a kitchen, two bedrooms, living room, dining room and full bath. The second unit spans two levels, offering a flexible and spacious layout. The main level includes a living room, dining room, kitchen, and 2 bedrooms. The wall between the bedrooms was previously opened to accommodate a daycare setup, creating a larger shared space, but can easily be restored to its original 2 bedroom configuration. The upper level adds even more value with two more bedrooms and a private office - ideal for working from home, a guest space, or additional living area. Full basement with high ceilings and two means of egress offers excellent potential for future expansion. Close to route 1, 99, 60 and bus routes 108,109,430,104 and 106. Schedule your private showing today.

292 Broadway, Malden

Listing courtesy of Listing Agent: Stephanie Rizzuto from Listing Office: REMAX Andrew Realty Services.

$949,000

4 Beds ⋅ 3 Baths ⋅ 73584283 MLS

Rare opportunity in Malden! 323 Pearl Street offers THREE separate single-family homes situated on one lot, presenting a unique opportunity for investors, owner-occupants, or those seeking a multigenerational living arrangement. Held by the same family for generations and offered for sale for the first time in decades, this is truly a one-of-a-kind property.The property offers six paved off-street parking spaces, a large fenced-in common yard, and a storage shed offering additional storage or potential rental income. Each home also features a generously sized basement, providing ample additional storage space for occupants.Two of the three homes are currently tenant-occupied with Tenancies at Will, providing immediate rental income, while the third home will be delivered vacant. An excellent opportunity for an owner-occupant or investor looking to renovate and maximize the property's potential. Several important improvements have already been completed, including recently updated roofs, chimneys, and mechanical systems. Recent updates include a steam boiler serviced in 2025 and a water heater replaced in 2023 in unit 323, as well as a steam boiler replaced in 2022 in unit 327.With three individual homes, existing rental income, and significant value-add potential, this property offers tremendous flexibility for its next owner. Conveniently located with easy access to Malden Center, Wellington Station, major routes, shopping, and dining, including Assembly Row.323 Pearl Street may also be purchased together with neighboring 333 Pearl Street, presenting a rare opportunity to acquire both properties simultaneously and offering exciting potential for future expansion or redevelopment, subject to buyer due diligence and applicable approvals.

323 Pearl St, Malden

Listing courtesy of Listing Agent: Yana Bushmelov from Listing Office: Coldwell Banker Realty - Worcester.

$639,000

3 Beds ⋅ 1 Baths ⋅ 73584282 MLS

Welcome to 333 Pearl Street, a charming home located in Malden’s desirable Edgeworth neighborhood offering comfortable living spaces, three spacious bedrooms, paved driveway, ample storage, and a fenced-in backyard. The spacious, private yard is a true highlight of the property, providing plenty of room for outdoor entertaining, gardening, play, or simply relaxing and enjoying your own outdoor space. Inside, the home offers a functional two-level layout featuring an eat-in kitchen with ample cabinet space and oversized walk-in pantry, a comfortable living room, and a separate dining room. Additional features include bamboo flooring, basement storage, and washer/dryer hookups. Many recent updates including oil tank 2021, hot water tank 2024, newer roof and chimney. Conveniently located with easy access to Malden Center, Wellington Station, major routes, shopping, dining, including Assembly Row. This beautiful home combines the privacy and outdoor space with the convenience of a well-connected Malden location. A wonderful opportunity for buyers looking for a home with a large fenced-in backyard and room to make their own!

333 Pearl St, Malden

Listing courtesy of Listing Agent: Yana Bushmelov from Listing Office: Coldwell Banker Realty - Worcester.

$449,000

2 Beds ⋅ 1 Baths ⋅ 73583683 MLS

Welcome home to this wonderful 2-bedroom, 1-bathroom end-unit offering comfort, character, and the benefit of NO HOA fees! Freshly refinished hardwood floors and fresh paint give the home a clean, refreshed feel and make it move-in ready. The inviting layout offers comfortable living space along with a partially finished basement providing valuable bonus space that could be used as a home office, playroom, workout area, or whatever best fits your needs. Step outside to enjoy the backyard and deck off the back of the home, perfect for relaxing or entertaining. As an end unit with no HOA fees, this home offers the benefits of attached living with added privacy and flexibility. A wonderful opportunity for a first-time buyer looking for a place to make their own! Reach out to schedule a showing today! Open Houses Sat Oct 3rd and Sunday Oct 4th 12-1:30.

15 Regent Rd, Malden

Listing courtesy of Listing Agent: Wetherbee & DaSilva Group from Listing Office: Century 21 North East.

$799,900

5 Beds ⋅ 3 Baths ⋅ 73583597 MLS

Two-Family opportunity on a quiet Malden side street! Unit 1 offers 2 bedrooms/1 bath, an eat-in kitchen, pantry & spacious living room. Upstairs, Unit 2 is a versatile 2-level unit featuring a large living/dining room, eat-in kitchen, pantry, full bath & primary bedroom. The upper floor adds 2 more well-sized bedrooms & another full bath. Laundry and additional storage in the large basement adds convenience. Outside, enjoy a 2-car garage w/ newer garage door & inviting outdoor living space. Steps to the Northern Strand Community Trail & Green Street Park, w/ easy access to public transportation, Malden Center T-station (Orange Line), Assembly Row, Encore Casino & major routes to Boston. Close to the many popular dining options & shops of downtown Malden. 16 Kearney St (MLS #: 73583586), a Two-Family home adjacent, is also available to purchase. Both properties can be purchased at the same time. First showing at the first Open House on Saturday, 10/3, from 1:00 PM to 2:30 PM - No Exceptions. Offers due by Tuesday, 10/6, at 2:00 PM.

12 Kearney St, Malden

Listing courtesy of Listing Agent: Team Ladner from Listing Office: RE/MAX Harmony.

$819,900

4 Beds ⋅ 2 Baths ⋅ 73583586 MLS

Two-Family home on a quiet side street in Malden, close to it all! A welcoming front porch & stained-glass front door set the tone for this charming home, with access to both units. Unit 1 features 1 bedroom/1 bath, an eat-in kitchen, bright living room & spacious primary bedroom with a double closet. Unit 2 spans two levels, offering an eat-in kitchen, living room, bedroom, bath, and storage on the main level, plus 2 bedrooms and an office upstairs. Enjoy inviting outdoor space, a large driveway, 2 sheds, laundry & additional storage space in the basement. Steps to the Northern Strand Community Trail & Green Street Park, w/ easy access to public transportation, Malden Center T-station (Orange Line), Assembly Row, Encore Casino & major routes to Boston. Close to the many popular dining options & shops of downtown Malden. 12 Kearney St (MLS #: 73583597), a Two-Family home adjacent, is also available to purchase. Both properties can be purchased at the same time. First showing at the first Open House on Saturday, 10/3, from 1:00 PM to 2:30 PM - No Exceptions. Offers due by Tuesday, 10/6, at 2:00 PM.

16 Kearney St, Malden

Listing courtesy of Listing Agent: Team Ladner from Listing Office: RE/MAX Harmony.

$650,000

2 Beds ⋅ 2 Baths ⋅ 73583231 MLS ⋅ ['Bay State Cohousing'] BLDG.

Beautiful and bright 2-bedroom / 2-bathroom unit in a multi-generational community. This pristine unit features 2 full baths, including a walk-in shower in the primary suite, an open-concept living/dining area, and a kitchen with stainless steel appliances. The shared common space includes a kitchen, dining & living room, meeting rooms, kids’ space, exercise room, art room, and soundproof music room. A shared patio and yard for gathering or gardening, underground garage parking with an assigned parking space, and EV chargers add to the convenience of this home. Includes solar panels for energy efficiency. Only a 3-minute walk from Malden Center T-station (Orange Line), and a short walk to downtown restaurants, shops, schools, groceries, and parks. Quick access to the Fellsmere Pond, Bike Trail, and Middlesex Fells Recreation Area.

368 Pleasant St Unit 204, Malden

Listing courtesy of Listing Agent: Team Ladner from Listing Office: RE/MAX Harmony.

$865,000

4 Beds ⋅ 3 Baths ⋅ 73582001 MLS

Opportunity knocks in Malden's sought-after Bell Rock neighborhood! This freshly refreshed two-family home offers 4 bedrooms, 2.5 baths and 2,080 square feet of living space across two units. Featuring a newly renovated kitchen, fresh paint throughout, and brand-new carpeting — all ready for you to move right in or start collecting rent day one. Less than a mile from both Malden Center and Wellington stations, commuting into Boston has never been easier, making this a magnet for tenants and a smart addition to any investment portfolio. Whether you're an investor looking to grow your rental income or a buyer ready to owner-occupy and offset your mortgage, this property checks every box. Two solid income streams, one incredible location — don't miss your chance to make Bell Rock work for you.

54 Green Street, Malden

Listing courtesy of Listing Agent: Colleen Guillou from Listing Office: RE/MAX Bentley's.

$625,000

2 Beds ⋅ 4 Baths ⋅ 73581433 MLS ⋅ ['Coliseum Manor'] BLDG.

Sunlight streams through every corner of this multi-level Coliseum Manor residence, where three thoughtfully designed floors create a warm and inviting retreat. The open-plan main living area flows seamlessly from comfortable seating to dining spaces, highlighted by rich hardwood floors that set an inviting scene for effortless entertaining or quiet evenings in. At the heart of the home, a bright kitchen pairs warm cabinetry with polished stone countertops, ample pantry storage, and sleek stainless-steel appliances, making everyday meal preparation a delight. Upstairs, charming skylights illuminate a versatile upper floor that effortlessly adapts into a serene home office, creative studio, or cozy reading nook. The home's private quarters feature generous walk-in closet space and tiled baths with stone-topped vanities, offering a subtle touch of daily luxury. Central air conditioning and in-unit laundry bring smooth convenience to daily routines, while two deeded parking spaces and extra basement storage easily accommodate all your practical needs. Outside, a classic covered porch and manicured landscaping frame the building, while the prime Malden location places the T, local shops, parks, and highway access just moments from your front door. *By viewing/entering this property, you consent to audio/video surveillance. Camera at dumpster.*

190 Summer Street Unit 403, Malden

Listing courtesy of Listing Agent: Pei-Chi Li from Listing Office: Lamacchia Realty, Inc..

$435,000

2 Beds ⋅ 2 Baths ⋅ 73580643 MLS ⋅ ['Stone Gables Condominiums'] BLDG.

Welcome to the Stone Gables! Stunning 2 Bed 1.5 Bath condo unit located in an immaculate complex loaded with amenities. Over 1,100 square feet and 2 deeded parking spaces! Heat, Hot Water, Central Air, all included in the condo fee, plus take advantage of the immense savings offered with Malden's residential tax exemption. Updated kitchen with granite countertops and stainless steel appliances. Large open living room is a showstopper, with gleaming hardwood floors, 12 foot ceilings, recessed lighting, and soaring windows that let in abundant natural sunlight. 2 exceptional bedrooms offering great storage with walk-in closets. Both bathrooms are updated with quartz vanities. Pet-friendly complex with solid professional management. No need for a gym membership anymore with easy access to a great fitness center. Chill by the beautiful inground swimming pool in the warmer months with a barbeque area nearby. Unbeatable location minutes from Malden Center and major highways, surrounded by great restaurants, parks and shopping, all within a close proximity to Boston.

20-30 Daniels St. Unit 318, Malden

Listing courtesy of Listing Agent: Ryan Mirisola from Listing Office: Lamacchia Realty, Inc..

$888,888

3 Beds ⋅ 2 Baths ⋅ 73580603 MLS

Welcome to 26 Beach St, a beautifully maintained split-entry home offering 3 bedrooms and 2 full bathrooms. Comfortable and versatile living space in Malden. The bright and inviting main level features beautiful hardwood floors and a spacious living room filled with natural light from an expansive wall of windows. An open flow into the kitchen and dining area creates a welcoming setting for everyday living and entertaining. Three bedrooms provide comfortable private spaces, while the finished lower level offers valuable additional living space with flexibility for extended family, home office, recreation area, or other needs. Outside, enjoy a private yard with a patio and dedicated fire pit, perfect for relaxing, outdoor dining, and gatherings with family and friends. Set on a 4,861 sq. ft. lot, this well-cared-for home combines generous living space, a flexible layout, and inviting indoor and outdoor areas. Move-in ready and full of character, 26 Beach St is ready to welcome its next owner.

26 Beach St, Malden

Listing courtesy of Listing Agent: Fermin Group from Listing Office: Century 21 North East.

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