MLS #73468369 image #0MLS #73468369 image #1MLS #73468369 image #2MLS #73468369 image #3MLS #73468369 image #4MLS #73468369 image #5MLS #73468369 image #6MLS #73468369 image #7MLS #73468369 image #8MLS #73468369 image #9MLS #73468369 image #10MLS #73468369 image #11MLS #73468369 image #12MLS #73468369 image #13MLS #73468369 image #14MLS #73468369 image #15MLS #73468369 image #16MLS #73468369 image #17MLS #73468369 image #18MLS #73468369 image #19MLS #73468369 image #20MLS #73468369 image #21MLS #73468369 image #22MLS #73468369 image #23
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. Open House Saturday 1/24 from 11AM to 1PM.
Current real estate data for Multi Family in Malden as of Jan 26, 2026
21
Multi Family Listed
105
Avg DOM
371
Avg $ / SqFt
$1,142,353
Avg List Price

Property Details

Price:
$949,900
MLS #:
73468369
Status:
Active
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

Appliances
Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
Bathrooms
4 Full Bathrooms
Flooring
Wood
Heating
Electric, Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Public School, T-Station
Construction Materials
Frame
Exterior Features
Balcony/Deck, Balcony
Roof
Shingle

Financial

Net Operating Income
$68,981
Tax Year
2025
Taxes
$7,822

Map

Contact Us

Send
  

Mortgage Calculator

 

Community

Subdivisions in Malden

Property Summary

    40 Clark St Malden MA is a Multi Family for sale in Malden, MA, 02148. It is listed for $949,900 To schedule a showing of MLS#73468369 at 40 Clark St in Malden, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

Similar Listings Nearby

broker reciprocity
MLS# 73462056broker reciprocity
18 Lynn St
Malden, MA

$1,149,999

1.1 miles away

broker reciprocity
MLS# 73456580broker reciprocity
41-43 Seagirt Ave
Saugus, MA

$1,149,900

3.5 miles away

broker reciprocity
MLS# 73468386broker reciprocity
58 Dearborn St
Medford, MA

$1,149,000

3.4 miles away

broker reciprocity
MLS# 73456858broker reciprocity
307-309 Clifton St
Malden, MA

$1,058,909

1.0 miles away

broker reciprocity
MLS# 73468284broker reciprocity
141 Fourth St
Medford, MA

$1,050,000

1.9 miles away

broker reciprocity
MLS# 73462219broker reciprocity
23 Orient St
Malden, MA

$1,024,900

0.3 miles away

broker reciprocity
MLS# 73426493broker reciprocity
394-396 Pleasant St
Malden, MA

$999,999

1.0 miles away

broker reciprocity
MLS# 73469078broker reciprocity
46 A Wentworth Street
Malden, MA

$995,999

1.2 miles away

broker reciprocity
MLS# 73457210broker reciprocity
722 Highland Ave
Malden, MA

$995,000

1.3 miles away

broker reciprocity
MLS# 73467153broker reciprocity
58-60 Bainbridge St
Malden, MA

$989,000

0.6 miles away

CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
40 Clark St
Malden, MA