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Sold

$870,000on May 26, 2026

Listed at $900,000 · -3.3% vs list

$900,000

Sold

40 Clark St

Malden, MA, 02148

Multi-Family · MLS #73468369

Sold $/sqft

$345

Sold in

Same day

Year built

1900

Lot size

0.05 ac

2,523 sq ft

Sq Ft

0.05 acres

Lot

1900

Year Built

Taxes: $7,822 (2025)

About this home

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

Road type
Public, Paved
Basement
Finished, Walk Out

Listed by Prescott White · Commonwealth Properties Residential, LLC

This home has sold

Sold for $870,000on May 26, 2026

-3.3% vs list

Showings aren't available for this property, but Antonio Illas can find you homes like this one in Malden that are still on the market.

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