40 Oakland St, Malden MA 02148
Malden, MA 02148 • Edgeworth
$1,650,000
Est. $9,150/month
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About this home
Attention builders, developers, and investors; rare two-parcel opportunity in Malden’s desirable Edgeworth neighborhood. Rarely does a deal like this hit the market. 40 Oakland St, a former function hall with existing structure and off-street parking, sold together with 35 Oakland St, a paved lot directly across the street. Both parcels sit in RES A zoning, ready for your next project. The possibilities here are real, not hypothetical. Less than a mile to Malden Center T station with Orange Line and Commuter Rail access. Routes 60 and 93 are minutes away. Assembly Row, Wellington Circle, and downtown Boston are all close. This is the kind of transit-adjacent, high-demand location that makes the numbers work. Builders, developers, and investors — this won't last. Zoning is for RES A permitted uses and see attachments for parcel details. Please note, this listing only reflects square feet, taxes, and assessments for 40 Oakland Street. Both parcels to be sold at the same time.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 22, 2026
Active → Active Under Contract
Pending Sale
Jul 21, 2026
Offer accepted, sale pending
Listed for Sale
Jun 20, 2026
$1,650,000
Original listing
Office: Century 21 North East
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/22/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/21/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/20/2026 | 🏠 Listed for Sale | $1,650,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $7,283 | — |
Financial Details
Annual Property Tax
$7,283
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1950
Living Area
3,772 sq ft
Lot Size
0.30 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$7,283
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
40 Oakland Street Is Being Sold With 35 Oakland Street As 1 Listing. Seller Makes No Guarantees As To The Process Of Receiving Permits/zoning Decisions From The City. 35&40 Oakland Street Are Listed Separately In Terms Of Assessing But Are Owned By Same Entity. Parking Lot Use To Be (2) 2 Fam Homes
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Middlesex
Property Overview
Listing Type
Sale Pending
Year Built
1950
Living Area
3,772 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1950
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Malden School District local
B-
School Safety
2024-25
1.6%
Average
1.5%
Suspensions
1.0%
In-School
0.1%
Emergency
3.9% below state avg
Elementary Schools
3 schools
B-
Beebe School
0.6 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
C-
Madeline English School
0.6 mi
|
#313 of 352
|
Score: 30.5
Improved 28 spots from last year
-27.8 below state avg
760 students
Moderate
Rising School
Grades K-08
Cheverus Elementary School
0.8 mi
Grades PK-08
Middle Schools
2 schools
B-
John J. McGlynn Middle School
1.0 mi
|
#206 of 352
|
Score: 40.2
Improved 30 spots from last year
-18.1 below state avg
464 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Madeleine Dugger Andrews Middle School
1.1 mi
|
#128 of 352
|
Score: 46.6
Improved 32 spots from last year
-11.6 below state avg
435 students
Diverse
Rising School
Grades 06-08
High Schools
3 schools
C+
Malden High School
0.9 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
Rising School
Diverse Student Body
Grades 09-12
Malden Catholic High School
1.8 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
C+
Everett High School
1.8 mi
|
#233 of 346
|
Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students
Diverse
17 sports
• 1,298 athletes
Rising School
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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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
$607
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
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Neighborhood
Edgeworth
40 Oakland St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Steven Ultrino
Listing Office
Century 21 North East
Office Phone
781-395-2121
Agent MLS ID
CN214518
Office MLS ID
AN7856
Listing Data Updated
Aug 4, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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