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Sold for $870,000
    • $870,000

    40 Clark St, Malden, MA 02148

    4beds
    2,523sqft
    3 Family
    Built in 1900
    -- sqft lot
    $872,000 Zestimate®
    $345/sqft
    $2,887 Estimated rent

    Home value

    $872,000

    $811,000 - $933,000

    $2,887/mo

    Zestimate® history
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    $2,887/mo

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    $5,423/mo

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    What's special

    Private deckUpdated countertops and cabinetsOn-street parkingWood flooring
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Prescott White 617-830-2624,

    Commonwealth Properties Residential, LLC 617-600-8415

    Bought with:

    Ebere Anosike

    Amara Realty

    Source: MLS PIN,MLS#: 73468369

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Natural Gas
    Appliances
    • Included: Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
    • Laundry: Washer Hookup, Dryer Hookup
    Features
    • Walk-In Closet(s), Bathroom With Tub & Shower, Pantry, Storage, Bathroom with Shower Stall, Living Room, Kitchen
    • Flooring: Wood
    • Basement: Finished,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,523
    • Total interior livable area: 2,523 sqft
    • Finished area above ground: 2,523

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    • Exterior features: Balcony/Deck, Balcony
    Lot
    • Size: 2,152 Square Feet
    • Features: Cleared
    Details
    • Parcel number: M:093 B:703 L:331,597616
    • Zoning: ResA

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 3 Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Public School, T-Station
    Location
    • Region: Malden

    Financial & listing details

    • Price per square foot: $345/sqft
    • Tax assessed value: $691,000
    • Annual tax amount: $7,822
    • Date on market: 4/5/2026
    • Listing terms: Contract
    • Total actual rent: 1550
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/26/2026Sold$870,000-3.3%$345/sqft
    Source: MLS PIN #73468369 Report a problem
    5/26/2026Pending sale$900,000$357/sqft
    Source: MLS PIN #73468369 Report a problem
    3/11/2026Listed for sale$900,000-5.3%$357/sqft
    Source: MLS PIN #73468369 Report a problem
    2/18/2026Contingent$949,900$376/sqft
    Source: MLS PIN #73468369 Report a problem
    1/14/2026Listed for sale$949,900+89.6%$376/sqft
    Source: MLS PIN #73468369 Report a problem
    7/2/2018Sold$501,000+0.9%$199/sqft
    Source: Public Record Report a problem
    5/9/2018Price change$496,600-5%$197/sqft
    Source: REALHome Services and Solutions #72325343 Report a problem
    4/19/2018Price change$522,700+34%$207/sqft
    Source: REALHome Services and Solutions #72325343 Report a problem
    4/14/2018Price change$390,000-25.4%$155/sqft
    Source: Real Home Services and Solutions, Inc. #72307848 Report a problem
    4/7/2018Price change$522,700-5%$207/sqft
    Source: REALHome Services and Solutions #72307848 Report a problem
    3/10/2018Price change$550,150-5%$218/sqft
    Source: REALHome Services and Solutions #72276575 Report a problem
    2/28/2018Listed for sale$579,100$230/sqft
    Source: REALHome Services and Solutions #72276575 Report a problem
    2/28/2018Pending sale$579,100$230/sqft
    Source: REALHome Services and Solutions #72276575 Report a problem
    1/9/2018Price change$579,100-5%$230/sqft
    Source: MASS REALTY ADVISORS #72256572 Report a problem
    11/17/2017Listed for sale$609,500+37.5%$242/sqft
    Source: Mass Realty Advisors #72256572 Report a problem
    2/28/2017Sold$443,360+14%$176/sqft
    Source: Public Record Report a problem
    8/3/2013Listing removed$389,000$154/sqft
    Source: Coldwell Banker Residential Brokerage - Brookline #71547550 Report a problem
    7/23/2013Price change$389,000-2.5%$154/sqft
    Source: Coldwell Banker Residential Brokerage - Brookline #71547550 Report a problem
    6/27/2013Listed for sale$399,000+37.6%$158/sqft
    Source: Coldwell Banker Residential Brokerage - Brookline #71547550 Report a problem
    12/27/2005Sold$290,000-9.2%$115/sqft
    Source: Public Record Report a problem
    3/24/2005Sold$319,500+68.2%$127/sqft
    Source: Public Record Report a problem
    1/10/2000Sold$190,000+40.7%$75/sqft
    Source: Public Record Report a problem
    7/6/1990Sold$135,000+22.7%$54/sqft
    Source: Public Record Report a problem
    5/2/1990Sold$110,000$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,822 +3.4%$691,000 +6.8%
    2024$7,566 +3.9%$647,200 +8.4%
    2023$7,279 +4.5%$597,100 +5.8%
    2022$6,968 +4.1%$564,200 +3.6%
    2021$6,691 +2.8%$544,400 +5.8%
    2020$6,507 +3.7%$514,400 +8.8%
    2019$6,273 -8%$472,700 -2.3%
    2018$6,815 +2.1%$483,700 +2.7%
    2017$6,677 +2.8%$471,200 +10%
    2016$6,496 +3.4%$428,500 +7.3%
    2015$6,283 +6.2%$399,400 +8.7%
    2014$5,918 +6.9%$367,600 +5.5%
    2013$5,536 +14.4%$348,600 +3.3%
    2012$4,838 +4.5%$337,600 -0.9%
    2011$4,628 +2.4%$340,800 -6.6%
    2010$4,520 +4.7%$364,800 -16.3%
    2009$4,318 +6.5%$435,700 -2.8%
    2008$4,054 +21.1%$448,400 +10.5%
    2007$3,349 +6%$405,900 +5.5%
    2006$3,158 +0.4%$384,700 +6.3%
    2005$3,144 +1.3%$361,800 +3.9%
    2004$3,103 +8.9%$348,300 +71.8%
    2003$2,850 +3.8%$202,700
    2002$2,745 +33.3%$202,700 +71.5%
    2000$2,060 +3.4%$118,200
    1999$1,992 $118,200
    Find assessor info on the county website

    Neighborhood: Forestdale

    Nearby schools

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    Estimated market value
    $872,000
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    Estimated market value
    $872,000

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