1239 Salem St, Malden, MA 02148

$1,049,000 · For sale

1239 Salem St, Malden

Rarely does a property in Malden combine this much living space, land and flexibility. Offering ~2,505 sq. ft. of finished living space, 5 bedrooms and 3 full baths across three levels, the property provides exceptional flexibility for multigenerational living, working from home and changing needs. Set on an expansive ~0.37-acre lot, the main level features 2 bedrooms, an open kitchen/living area, full bath and sun room off the kitchen, with direct access to the rear deck and expansive backyard. The internally connected ~829 sq. ft. finished lower level adds a living/family room, bedroom, office/den, full bath, wet bar and exterior walkout. The second floor, with its own dedicated exterior entrance, provides 2 additional bedrooms, a full bath and open kitchen/living area. Currently zoned and configured as a two-family property, it also offers the valuable option of rental income. The substantial rear yard further distinguishes the property and may offer compelling potential for an accessory dwelling unit (ADU) under current state and local regulations. Convenient to MBTA bus service and area amenities. Buyers and/or buyer's agents to perform all due diligence, including verification of ADU eligibility, requirements and approvals.

About this address

1239 Salem St is a 5-bedroom, 3-bath single-family home for sale in Malden, MA 02148 with 2,505 square feet, asking $1,049,000. It was built in 1935. It has been on our site since October 29, 2026.

At $419 a square foot, it compares with a median of $432 among the 22 other single-family homes for sale in Malden with a stated size.

The whole property at this address is assessed at $840,300 for fiscal year 2026. The assessor lists a lot of 0.37 acres.

It scores 72 out of 100 for walkability, from how close everyday places are.

The closest train or subway stop is Oak Grove (MBTA Orange Line and Haverhill Line), about 2.2 miles away. The closest bus stop is Salem St @ Clapp St (MBTA route 108), about 0.1 miles away.

The closest public schools by level are Linden (0.3 miles), Susan B. Anthony Middle School (1.2 miles) and Everett High (1.7 miles). The district decides which school serves an address.

Listing information from MLS Property Information Network (MLS PIN), MLS #73596581, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.

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