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Unique Two-Parcel Investment & Rehabilitation Opportunity in Malta! Bring your vision to this spacious 2,420-square-foot, two-story residence, offered together with the adjoining parcel at 401 E. Adams Street. The property features three existing apartment-style living areas, each configured with two bedrooms, a kitchen, living room, and bathroom. Historically used for extended-family living, the flexible layout offers potential for restoration, multigenerational use, or future conversion, subject to municipal approval. The adjoining parcel includes a substantial detached garage and additional outdoor space. This property requires extensive rehabilitation and offers an opportunity for investors, contractors, and buyers ready to undertake a major renovation. Both parcels are included in one sale and offered strictly AS-IS, with remaining contents and cleanout to be addressed in the purchase agreement. Square footage is based on a prior appraisal. Legal three-unit occupancy has not been established. Buyers are responsible for verifying property condition, measurements, permitted uses, and renovation feasibility.
| DAYS ON MARKET | 6 | LAST UPDATED | 10/22/2026 |
|---|---|---|---|
| YEAR BUILT | 1856 | COMMUNITY | Malta |
| COUNTY | DeKalb | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Malta |
| BASEMENT | Crawl Space, Partial, Yes |
| CONSTRUCTION | Vinyl Siding |
| LOT | 0.5 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 132x165 |
| SEWER | Public Sewer |
| TAXES | 5244.7 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Coldwell Banker Realty
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Copyright 2026 MRED. All rights reserved.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.