40 Clark St
Malden, MA, 02148
$949,900
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
Tax Year
2025
Taxes
$7,822
Map
Contact Us
Mortgage Calculator
Community
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.
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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 JamesCourtesy 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


























