$900,000
40 Clark St
Malden, MA, 02148
Excellent opportunity to own a well-maintained multifamily in a prime Malden location. Unit 1 is a garden level TAW-leased 1B/1BA with low ceilings. Unit 2 is an updated 1B/1BA second floor unit with private deck (tenant vacating 3/31). Unit 3 is a townhouse style vacant 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. A new roof was installed in 2018. All units separately metered and tenants pay their own utilities. Nestled in a quiet neighborhood with on-street parking (no driveway). 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 Details
Price:
$900,000
MLS #:
73468369
Status:
Pending
Beds:
4
Baths:
4
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Jan 14, 2026
Finished Sq Ft:
2,523
Total Sq Ft:
2,523
Lot Size:
2,152 sqft / 0.05 acres (approx)
Year Built:
1900
Units:
3
Schools
Interior
Above Grade Finished Area
2523
Appliances
Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
Bathrooms
4 Full Bathrooms
Flooring
Wood
Heating
Electric, Natural Gas
Interior Features
Walk-In Closet(s), Bathroom With Tub & Shower, Pantry, Storage, Bathroom with Shower Stall, Living Room, Kitchen
Laundry Features
Washer Hookup, Dryer Hookup
Levels
4
Exterior
Community Features
Public Transportation, Shopping, Public School, T-Station
Construction Materials
Frame
Exterior Features
Balcony/Deck, Balcony
Lot Features
Cleared
Open Parking YN
1
Patio And Porch Features
Porch
Roof
Shingle
Stories
4
Financial
Tax Year
2025
Taxes
$7,822
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Malden as of May 04, 2026
26
Multi Family Listed
47
Avg DOM
373
Avg $ / SqFt
$1,054,815
Avg List Price
Community
- Address40 Clark St Malden MA
- CityMalden
- CountyMiddlesex
- Zip Code02148
Subdivisions in Malden
Similar Listings Nearby
Property Summary
- 40 Clark St Malden MA is a Multi Family for sale in Malden, MA, 02148. It is listed for $900,000 To schedule a showing of MLS#73468369 at 40 Clark St in Malden, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Commonwealth Properties Residential, LLC. 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.
40 Clark St
Malden, MA