Recently Listed Open House 8/30 2pm - 3:30pm
40-42 Swan St
Malden, MA, 02148 $ 1,000,000
Bedrooms6 Baths2.0 Sq 2,531 Monthly Estimate*
$ 6,314
for $1,000,000 with 6 bedrooms and 2 full baths. This 2,531 square foot home was built in 1920 on a lot size of 0.19.
Welcome to 40–42 Swan Street, a renovated two-family home nestled on a quiet dead-end street in Malden’s desirable Maplewood neighborhood. This property features two spacious 3 bedroom units, each with comfortable living spaces, high ceilings, hardwood flooring, and updated kitchens and baths. The upper unit offers an additional walk up finished attic space, providing flexibility as a home office, guest space, playroom, studio, or potential additional sleeping area. The high ceiling basement provides storage and utility space with exterior access. The entire home was remodeled in 2021, with continued improvements including a new roof completed in 2026 and an electric water heater replaced in 2023. The first unit can be sold fully furnished as displayed, creating an attractive turnkey option for a furnished, mid term, or long term rental, or for a buyer looking for a move in ready home. Outside, enjoy a large backyard with plenty of room for entertaining, gardening, recreation, or simply relaxing. Six off street parking spaces, three for each unit, are a rare and valuable amenity in the area. Ideally situated near Maplewood Square, local restaurants, shopping, parks, schools, public transportation, and the Northern Strand Community Trail, the location offers the convenience of city living while maintaining a quieter residential setting. Nearby MBTA connections provide access toward Malden Center and the Orange Line, making commuting into Boston and surrounding communities convenient. Revere Beach is also just a short drive away. Whether you are looking to live in one unit while generating rental income from the other, expand your investment portfolio, accommodate extended family, or maximize rental potential, 40–42 Swan Street offers an exceptional combination of space, updates, parking, outdoor living, flexibility, and location.
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Open House
8/30/2026 2:00 PM - 3:30 PM
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active2 Family - 2 Units Up/Down
List ByStephany ArteagaListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $6,314
- Monthly Property Taxes
- $1,057
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Malden, MA
Average List Price $1,239,706
Percent of Sale Price 24%
About Malden, MA 63,704 Population
13% Since 2002
$ 62,106 Median Income
39.23 Median Age
26% Households with Children
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Pricing History| Date | Price | Price Change | Description |
|---|
| 8/26/2026 | $1,000,000 | | Listed Price |
40-42 Swan St, Malden, MA, 02148 is a Multi-Family Home for sale at $1,000,000 with 2,531 sqft and a lot size of 0.19. 40-42 Swan St has 6 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 02148 which is in Malden, MA