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Malden Multifamily with Income Potential

40 Clark St, Malden, MA 02148

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For Sale

$900,000

Well-maintained multifamily in prime location with immediate income potential.

Type:Investment

HighLights

Townhouse‑style 2B/2BA vacant unit ideal for owner‑occupant or market rent, offering immediate income potential.
Prime Malden location near bus routes, restaurants, shops, Malden Center, and Oak Grove T stops.
All units are separately metered, and tenants pay their own utilities.
Updated second‑floor 1B/1BA unit with private deck.
New roof installed in 2018.
High walk score (92) indicating a 'Walker's Paradise'.

We can help!

Listing Contact

Prescott White

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For Sale

$900,000

Well-maintained multifamily in prime location with immediate income potential.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 5:59 pm

Property Features for 40 Clark St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1900

We can help!

Listing Contact

Prescott White

Listing agent Prescott White

Listing office Commonwealth Properties Residential, LLC

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Commonwealth Properties Residential, LLC

HighLights

Townhouse‑style 2B/2BA vacant unit ideal for owner‑occupant or market rent, offering immediate income potential.
Prime Malden location near bus routes, restaurants, shops, Malden Center, and Oak Grove T stops.
All units are separately metered, and tenants pay their own utilities.
Updated second‑floor 1B/1BA unit with private deck.
New roof installed in 2018.
High walk score (92) indicating a 'Walker's Paradise'.

Overview

This multifamily property in Malden presents an opportunity for investors or owner-occupants. Unit 1 is a garden level one-bedroom, one-bathroom unit with a tenant-at-will lease and low ceilings. Unit 2, located on the second floor, is an updated one-bedroom, one-bathroom unit with a private deck; this unit will be vacant starting March 31st. Unit 3 is a vacant townhouse-style unit featuring two bedrooms and two bathrooms, suitable for an owner-occupant or for leasing at market rent. The property includes updated countertops and cabinets, wood flooring, and laundry hook-ups in two units, as well as a balcony, deck, and yard. A new roof was installed in 2018. Each unit is separately metered, and tenants are responsible for their own utilities. The property is located in a quiet neighborhood with on-street parking. It is conveniently located near bus routes, restaurants, and shops, and approximately 1 mile from Malden Center and Oak Grove T stops. The property has a walk score of 92, making it a walker's paradise, a transit score of 55, indicating good transit options, and a bike score of 50, making it bikeable.

Location Intelligence

Current Use by Public Records

Multifamily properties

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Location Insight

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Local Demand

City: Malden
County: Middlesex
State: Massachusetts
Longitude: -71.0608734
Latitude: 42.431197

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For sale
Multifamily properties
MA
Malden
02148
40 Clark St

What type of property is this?

Multifamily property - Well-maintained multifamily in prime location with immediate income potential.

Where is this multifamily property located?

The property is located at 40 Clark St Malden, MA.

What is the asking price?

The asking price for this property is $900,000.

What are key features of this property?

This property features: Townhouse‑style 2B/2BA vacant unit ideal for owner‑occupant or market rent, offering immediate income potential.; Prime Malden location near bus routes, restaurants, shops, Malden Center, and Oak Grove T stops.; All units are separately metered, and tenants pay their own utilities.