(617) 955-2224
Preview 1 Preview 2 Preview 3 Preview 4 Preview 5 Preview 6 Preview 7 Preview 8 Preview 9 Preview 10 Preview 11 Preview 12 Preview 13 Preview 14 Preview 15 Preview 16 Preview 17 Preview 18 Preview 19 Preview 20 Preview 21 Preview 22 Preview 23 Preview 24 Preview 25 Preview 26 Preview 27
Preview 1 Preview 2 Preview 3 Preview 4 Preview 5 Preview 6 Preview 7 Preview 8 Preview 9 Preview 10 Preview 11 Preview 12 Preview 13 Preview 14 Preview 15 Preview 16 Preview 17 Preview 18 Preview 19 Preview 20 Preview 21 Preview 22 Preview 23 Preview 24 Preview 25 Preview 26 Preview 27

40 Clark St, Malden MA 02148

Malden, MA 02148
$949,900
Est. $5,655/month
4
Beds
4
Baths
2,523
Sq Ft
$376
Price/Sq Ft
0.05
Acres
1900
Year Built
3 Family
Type
45 minutes
Time on Market
Active Listed Jan 14, 2026 • MLS# 73468369 Copied!

About this home

Excellent opportunity to own a well-maintained multifamily in a prime Malden location. This 3-unit building has two TAW-leased 1B/1BA apartments, and a vacant top floor 2B/2BA unit ideal for an owner-occupant or to lease at market rent, offering immediate income with strong upside potential. Features include updated countertops and cabinets, wood flooring, laundry hook-ups in two units, balcony, deck and yard. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking. Conveniently located near bus routes, restaurants and shops, and about 1 mile to Malden Center and Oak Grove T stops - key drivers of demand in Malden’s strong rental market. This is a solid opportunity for investors seeking a stabilized asset or owner-occupants looking to offset expenses with rental income.

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
4
Living Area
2,523 sq ft
Total Rooms
12
Stories
4
Levels
4

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,523 sq ft
Lot Size 0.05 acres
Bedrooms 4
Full Baths 4
Total Rooms 12

Interior

Heating Electric, Natural Gas
Cooling None
Flooring Wood
Appliances Range, Refrigerator, Dishwasher, Microwave, Washer/dryer
Fireplace None
Basement Finished, Walk-out Access
Laundry Washer Hookup, Dryer Hookup
Features Walk-in Closet(s), Bathroom With Tub & Shower, Pantry, Storage, Bathroom With Shower Stall, Living Room, Kitchen

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,822
Assessed Value $691,000

Interior Features

Flooring: Wood
Appliances: Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
Interior Features: Walk-In Closet(s), Bathroom With Tub & Shower, Pantry, Storage, Bathroom with Shower Stall, Living Room, Kitchen
Windows:
Basement: Finished, Walk-Out Access
Laundry: Washer Hookup, Dryer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating: Electric, Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Balcony
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Cleared
Road Surface: Paved

Parking & Garage

Parking Features:

Location

Loading map...

Neighborhood

40 Clark St, Malden MA 02148

Malden, MA 02148

Walkability

Loading Walk Score...

Nearby Schools

School District
Malden School District local
✓ School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
↓ 3.9% below state avg
E

Elementary Schools

8 schools
Cheverus Elementary School
0.5 mi
Grades PK-08
D
Salemwood School
0.5 mi | #324 of 352 | Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students Diverse
Diverse Student Body
Grades K-08
B
Ferryway School
0.7 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Diverse Student Body
Grades K-08
B-
Forestdale School
0.7 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
0.9 mi | #52 of 346 | Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Beebe School
1.0 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
B-
Linden School
1.4 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Diverse Student Body
Grades K-08
Malden Early Learning Center
0.1 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.4 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Diverse Student Body
Grades 09-12
Malden Catholic High School
0.8 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $652
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jan 14, 2026
$949,900
Original listing
Agent: Prescott White Office: Commonwealth Properties Residential, LLC

Price & Status History

Date Event Price Change
Jan 14, 2026 New Listing Added $949,900 —

Market Statistics

Time on Market
45 minutes
Price per Sq Ft
$376

Tax History

Year Taxes Assessment
2025 $7,822 $691,000

Financial Details

Annual Property Tax
$7,822
Tax Year 2025
Assessed Value
$691,000

Listing Information

Listing Agent Prescott White
Listing Office Commonwealth Properties Residential, LLC
Agent MLS ID CT001881
Office MLS ID AN4232
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Malden, MA

Real-time market trends and pricing data for this area

40 Clark St, Malden MA 02148 - Photo 1 40 Clark St, Malden MA 02148 - Photo 2 40 Clark St, Malden MA 02148 - Photo 3 40 Clark St, Malden MA 02148 - Photo 4 40 Clark St, Malden MA 02148 - Photo 5 40 Clark St, Malden MA 02148 - Photo 6 40 Clark St, Malden MA 02148 - Photo 7 40 Clark St, Malden MA 02148 - Photo 8 40 Clark St, Malden MA 02148 - Photo 9 40 Clark St, Malden MA 02148 - Photo 10 40 Clark St, Malden MA 02148 - Photo 11 40 Clark St, Malden MA 02148 - Photo 12 40 Clark St, Malden MA 02148 - Photo 13 40 Clark St, Malden MA 02148 - Photo 14 40 Clark St, Malden MA 02148 - Photo 15 40 Clark St, Malden MA 02148 - Photo 16 40 Clark St, Malden MA 02148 - Photo 17 40 Clark St, Malden MA 02148 - Photo 18 40 Clark St, Malden MA 02148 - Photo 19 40 Clark St, Malden MA 02148 - Photo 20 40 Clark St, Malden MA 02148 - Photo 21 40 Clark St, Malden MA 02148 - Photo 22 40 Clark St, Malden MA 02148 - Photo 23 40 Clark St, Malden MA 02148 - Photo 24 40 Clark St, Malden MA 02148 - Photo 25 40 Clark St, Malden MA 02148 - Photo 26 40 Clark St, Malden MA 02148 - Photo 27
Steven Novak

Steven Novak

BMN Boston Real Estate

Schedule a Tour