$1,099,990

18-20 Benner Ave Malden, MA 02148

$10,000
Closing credit¹
5 beds
3 full
2,561 sqft
0.07 acres
$430 / sqft
Multi-Family

Property details

About 18-20 Benner Ave

Turnkey 3 family with current income at $6,200 per month, with the potential to market rent $6,500 per month. Cash cow! This Rare find investment on a quiet street in Malden, centrally located just minutes walking from broth Ferry St School and Malden Center. The property is close to public transportation, schools, restaurants, parks and playgrounds. This building features 2 off-street tandem parking, and route 60, 99, and other highways make this an excellent commuting option to Boston and Cambridge. Units 1 and 2 have both been recently upgraded with new kitchens and in unit laundry; Unit 3 has the flexibility with a TAW. Open house, Friday 3/14/25, 5p-6pm& Saturday 3/15/25, 11am-12:30 pm. All offers due Monday 3/17/25 @ 5pm.

Highlights

Home typeMulti Family
StatusActive
(New)
Size2,561 sqft
BasementYes
Lot size0.07 Acres
Year built1900
ParkingPaved Drive, Off Street
MLS #73344994

Summary

  • MLS Number: 73344994
  • MLS Name: MLS Property Information Network
  • Office Name: PWK Realty LLC
  • Office Phone: (857) 230-8603
  • Listing Agent: May Mai

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 11:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with roof with shingles

$1,099,990

18-20 Benner Ave

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 08, 2020
Home Sold
$755,120
Aug 11, 2003
Home Sold
$390,400

Tax history

YearAssessmentProperty Tax
2024$756,700$8,846
2023$701,300$8,549
2022$664,300$8,204
2021$605,700$7,444
2020$649,900$8,221
2019$582,700$7,732

History based on county public records data.

Nearby schools

5

Webster School

Public District KG-5

1.2 mi

30 Dartmouth St

8

Hoover Elementary School

Public District KG-5

1.9 mi

37 Glendower Rd

3

A. C. Whelan Elementary School

Public District KG-5

1.9 mi

107 Newhall St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,161. Most Malden, MA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

31%
<35k
43%
35k-100k
25%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
14%
Single, with Kids
17%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
41%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 18-20 Benner Ave in Malden, MA and zip code 02148. This 2,561 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $1,099,990.

In February 2025 more than 4 listings in Malden, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. Between January and February 2025, Malden, MA real estate market has seen decrease in the number of listings by 44.4%. The median list price of listings available in February 2025 was $719,000, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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