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$949,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 4 Total Beds
  • 0.05 Acres
  • Updated 4 hours ago

Next open house:

Open House: 2:00 PM - 3:45 PM

Friday 1/16 2:00 PM - 3:45 PM

40 Clark St,Malden, MA 02148

40 Clark StMaldenMA02148

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Join us at 40 Clark St on:

  • Open House: 12:00 PM - 2:00 PM

    Sunday 1/18 12:00 PM - 2:00 PM

    40 Clark St,Malden, MA 02148
    40 Clark StMaldenMA02148
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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. 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. 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. First showings will be at Open House Friday 1/16 from 2:00-3:45PM. Second Open House is Sun 1/18 from 12Noon to 2 PM.

Full Property Details for 40 Clark St

General

  • Price: $949,900
  • Taxes: $7,822 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73468369
  • Updated: 1/15/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Location

  • County: Middlesex

Structural Information

  • Basement: Yes
  • Stories/Levels: 4
  • Square Feet: 2,523
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.05

Financial Considerations

  • Tax Amount: $7,822
  • Tax Year: 2025

Disclosures and Reports

  • Property ID: M:093 B:703 L:331, 597616

Listed by Commonwealth Properties Residential, LLC, Prescott White

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Listing agent

— 40 Clark St —

  • Prescott White

    Commonwealth Properties Residential, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Clark St

School District:Malden School District
NameGradesDistance
Salemwood School
529 Salem Street, Malden, MA 02148
K-80.5 mi
Ferryway School
150 Cross Street, Malden, MA 02148
K-80.7 mi
Forestdale School, Malden, MA
74 Sylvan Street, Malden, MA 02148
K-80.7 mi
Malden High School
77 Salem Street, Malden, MA 02148
9-120.4 mi
Beebe School
401 Pleasant Street, Malden, MA 02148
K-81 mi
Linden School
29 Wescott Street, Malden, MA 02148
K-81.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Clark St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Listed
$949,900
227.55%
MLS
12/27/2005
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 Clark St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,822
3%
$691,000
7%
2024
$7,566
4%
$647,200
8%
2023
$7,279
4%
$597,100
6%
2022
$6,968
4%
$564,200
4%
2021
$6,691
3%
$544,400
6%
2020
$6,507
4%
$514,400
9%
2019
$6,273
-8%
$472,700
-2%
2018
$6,815
2%
$483,700
3%
2017
$6,677
3%
$471,200
10%
2016
$6,496
3%
$428,500
7%
2015
$6,283
6%
$399,400
9%
2014
$5,918
—
$367,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 40 Clark St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Commonwealth Properties Residential, LLC, Prescott White

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40 Clark St, Malden, MA 02148 (MLS# 73468369) is a Multi-Family property with 3 units containing 4 bedrooms and 4 full bathrooms. 40 Clark St is currently listed for $949,900 and was received on January 14, 2026. Want to learn more about 40 Clark St? Do you have questions about finding other Multi-Family real estate for sale in Malden? You can browse all Malden real estate or contact a Coldwell Banker agent to request more information.

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