199-201 Emerald Street, Malden, MA 02148

$989,900 · For sale

199-201 Emerald Street, Malden

Edgeworth GEM! THIS PARCEL INCLUDES A THREE STORY TWO FAMILY HOME (#199) WITH 2 CAR GARAGE PLUS A SEPARATE BUNGALOW STYLE DWELLING (#201). Unit #1 of the 2 family consists of 5 rooms; including 2 bedrooms, kitchen with pantry, living room, dining room, full bath & back enclosed porch. Unit #2 of the 2 family consists of the same with a front enclosed porch PLUS a third floor with wide staircase and includes a 1/2 bath with 3 more rooms! You will love the tall ceilings, spacious rooms, original wood work, and period details in this home. The 2 car garage and long driveway separates the two dwellings. The small bungalow style building (#201) is comprised of a kitchen, full bathroom, bedroom, & den and makes for a potential Accessory Dwelling Unit (ADU). This unit has its own water service, gas heating, & electric service. Situated across from the revitalized Devir Park, close to Malden Train Station, eateries, breweries, stores, and the vibrant Malden Center! Easy access to Assembly Row, Wellington Station, downtown Boston and major highways. Condo conversion & ADU possibility! Property needs updating but offers a unique opportunity!

About this address

199-201 Emerald Street is a multi-family home for sale in Malden, MA 02148 with 3,647 square feet, asking $989,900. It was built in 1920. It has been on our site since October 30, 2026.

At $271 a square foot, it compares with a median of $355 among the 29 other multi-family homes for sale in Malden with a stated size.

The whole property at this address is assessed at $960,400 for fiscal year 2026. The assessor lists a lot of 0.13 acres.

It scores 83 out of 100 for walkability, from how close everyday places are.

The closest train or subway stop is Malden Center (MBTA Orange Line and Haverhill Line), about 0.6 miles away. The closest bus stop is Fellsway @ Emerald St (MBTA route 100), about 0.1 miles away.

The closest public schools by level are Beebe (0.5 miles), Madeleine Dugger Andrews (1.0 mile) and Malden High (1.1 miles). The district decides which school serves an address.

Listing information from MLS Property Information Network (MLS PIN), MLS #73596955, 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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