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Off market
  • Zestimate®
    $1,013,000

    40-42 Swan St, Malden, MA 02148

    6beds
    2,531sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $1,013,000 Zestimate®
    $400/sqft
    $2,994 Estimated rent

    Home value

    $1,013,000

    $962,000 - $1.06M

    $2,994/mo

    Zestimate® history
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    Rent Zestimate®

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    $6,588/mo

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    What's special

    Welcome to 40–42 Swan Street! — a beautifully maintained two-family in Malden's desirable Maplewood neighborhood, and a rare opportunity for owner-occupants, investors, and multi-generational buyers alike. Each of the two units offers 3 bedrooms, 1 full bath, a spacious living room, separate dining room, and a bonus room in the attic (upper unit) — giving you flexibility for a home office, playroom, or guest space. Both kitchens feature stainless steel appliances, dishwashers, soft-close cabinets and drawers, and under-cabinet lighting. Hardwood floors, high ceilings, and abundant natural light run throughout. Originally renovated at purchase with new electric, plumbing, kitchens, baths, and hardwood floors, the property has seen continued interior improvements since 2021. The shared basement offers laundry and ample storage, and the private backyard is yours to enjoy. Each unit comes with 3 dedicated off-street parking spots on a paved asphalt and gravel driveway — six spots total, a real rarity in this market. Sitting on an 8,276 sq ft lot (notably larger than the neighborhood average of ~6,100 sq ft), the home is set on a quiet street within easy reach of the MBTA Bus Line (411/430) to the Malden Center Orange Line, downtown Malden, schools, and parks. The lower unit is offered fully furnished with a tasteful, professionally curated package — a true turnkey opportunity. Incoming owners have flexibility: lease it as a premium furnished long-term rental (a strong fit for relocating professionals, traveling medical staff, corporate housing, and academic visitors who consistently pay above-market rents for move-in-ready furnished units). Either unit would also suit graduate students, young professionals, or families seeking a quiet place to call home. *The Malden area doesn't allow for short-term rentals, but mid-term rentals are permissible, here. * Mechanicals & Utilities: Heat: Oil-fired hydronic system (hot water circulated through in-wall baseboard elements) Hot water: Electric water heater Cooling: Window or portable AC units Electric: Separately metered (National Grid) Water/Sewer: Municipal Internet: Verizon available Average Monthly Operating Costs: Heating oil (Cubby Oil, full-tank fills): ~$625 per fill, October–March Electric (Unit 2, National Grid): ~$225/month Trash: $77/year per bin (City Hall) + $2/bag overflow (blue bags available at CVS) Possession available July 15, 2026 (some flexibility for the right offer). Showings by appointment . Listed FSBO. — We love this home, and are happy to answer all questions-- just give us a call!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • None, Other
    Cooling
    • Wall
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 2,531 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl, Wood, Brick
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: MALDM157B626L602

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Malden

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $1,095,400
    • Annual tax amount: $12,400

    Price history

    DateEventPrice
    9/24/2026Listing removed$1,000,000$395/sqft
    Source: eXp Realty #73568570 Report a problem
    9/19/2026Listed for sale$1,000,000$395/sqft
    Source: MLS PIN #73568570 Report a problem
    9/15/2026Pending sale$1,000,000$395/sqft
    Source: MLS PIN #73568570 Report a problem
    9/1/2026Contingent$1,000,000$395/sqft
    Source: MLS PIN #73568570 Report a problem
    8/26/2026Listed for sale$1,000,000-11%$395/sqft
    Source: MLS PIN #73568570 Report a problem
    8/26/2026Listing removed$1,124,000$444/sqft
    Source: MLS PIN #73513920 Report a problem
    7/10/2026Price change$1,124,000-2.2%$444/sqft
    Source: MLS PIN #73513920 Report a problem
    6/21/2026Price change$1,149,000-8.8%$454/sqft
    Source: MLS PIN #73513920 Report a problem
    6/5/2026Price change$1,260,000-4.5%$498/sqft
    Source: MLS PIN #73513920 Report a problem
    5/6/2026Listed for sale$1,320,000+28.5%$522/sqft
    Source: MLS PIN #73513920 Report a problem
    7/19/2021Sold$1,027,000+4.9%$406/sqft
    Source: Public Record Report a problem
    6/21/2021Pending sale$979,000$387/sqft
    Source: MLS PIN #72842607 Report a problem
    6/7/2021Contingent$979,000$387/sqft
    Source: MLS PIN #72842607 Report a problem
    6/3/2021Listed for sale$979,000+117.6%$387/sqft
    Source: MLS PIN #72842607 Report a problem
    6/29/2020Sold$450,000-9.1%$178/sqft
    Source: Public Record Report a problem
    5/16/2020Pending sale$495,000$196/sqft
    Source: United Brokers #72533629 Report a problem
    4/7/2020Listed for sale$495,000$196/sqft
    Source: United Brokers #72533629 Report a problem
    1/2/2020Listing removed$495,000$196/sqft
    Source: United Brokers #72533629 Report a problem
    10/29/2019Listed for sale$495,000$196/sqft
    Source: United Brokers #72533629 Report a problem
    10/29/2019Pending sale$495,000$196/sqft
    Source: United Brokers #72533629 Report a problem
    8/21/2019Price change$495,000+4.4%$196/sqft
    Source: United Brokers #72533629 Report a problem
    8/15/2019Price change$474,050-5%$187/sqft
    Source: United Brokers #72533629 Report a problem
    8/15/2019Pending sale$499,000$197/sqft
    Source: United Brokers #72533629 Report a problem
    7/12/2019Price change$499,000+82.8%$197/sqft
    Source: United Brokers #72533629 Report a problem
    7/11/2019Listed for sale$273,000$108/sqft
    Source: United Brokers #P112JAF Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,400 +2.9%$1,095,400 +6.3%
    2024$12,048 +6.6%$1,030,600 +11.1%
    2023$11,305 +46.6%$927,400 +48.5%
    2022$7,714 +11.2%$624,600 +10.7%
    2021$6,934 -10.9%$564,200 -8.2%
    2020$7,778 +6.1%$614,900 +11.3%
    2019$7,329 +4.6%$552,300 +11.1%
    2018$7,007 +4.4%$497,300 +5%
    2017$6,712 +8.4%$473,700 +16%
    2016$6,191 +3.3%$408,400 +7.1%
    2015$5,996 +6.5%$381,200 +9%
    2014$5,632 +6.1%$349,800 +4.7%
    2013$5,307 +15.6%$334,200 +4.3%
    2012$4,591 +2%$320,400 -3.3%
    2011$4,500 -0.2%$331,400 -8.9%
    2010$4,509 +1.9%$363,900 -18.5%
    2009$4,423 +1.2%$446,300 -7.7%
    2008$4,369 +7.3%$483,300 -2.1%
    2007$4,073 +4%$493,700 +3.5%
    2006$3,915 +5.1%$476,900 +11.2%
    2005$3,725 +1.5%$428,700 +4.1%
    2004$3,669 +14.4%$411,800 +80.5%
    2003$3,208 +3.8%$228,200
    2002$3,090 +9%$228,200 +40.3%
    2000$2,836 +3.5%$162,700
    1999$2,741 $162,700
    Find assessor info on the county website

    Neighborhood: Maplewood

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,013,000

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $1,013,000