383 Highland Ave

Taxes: $11,477 (2025)

About this home

Open House this Sat & Sun, 4/18 and 4/19, from 11:00 AM to 1:00 PM. Located in the heart of Malden Center, this property offers outstanding investment potential. Just 0.5 miles from the Malden Center Orange Line and close to multiple bus routes, it provides convenient access to downtown Boston and nearby universities, including Northeastern University. Situated on approximately 0.2 acres, the property offers around 4,000 square feet of living space, including a 1,656 sq ft addition completed in 2010. The home features a total of 20 rooms, including 10 bedrooms and 5 full bathrooms. Its flexible layout is ideal for multi-unit use or room-by-room rentals, offering strong income-generating potential. A key highlight is the rare and valuable parking: 5 garage spaces plus 7 additional off-street parking spots—highly desirable in this area and a major advantage for attracting tenants and maximizing rental value. Located in a high-demand rental market with excellent transit access.

Property details

Sewer

Private

Style

Single Wide

Water

City/Town Water

Cooling

Central Air

Heating

Electric Baseboard, Hot Air Gravity

Type

Detached

Flooring

Wood

Road type

Public

Appliances

Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Construction

Aluminum

Roof

Aluminum

Garage

Detached

Lot

Paved Drive

Parking

1-10 Spaces

Basement

Full

Electric

220 Volts, Circuit Breakers

Exterior

Porch