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Active Under Contract

40-42 Swan St

Malden, MA 02148

$1,000,000
6Bedrooms
2Bathrooms
2,531Square feet
1920Year built

Residential Income · Active Under Contract · MLS #73568570
Listing Courtesy of eXp Realty LLC | Stephany Arteaga

MLS PIN data

About this home

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.

Property information

Details at a glance

Interior

Rooms
15
Heating
Oil
Cooling
Window Unit(s)

Building

Style
2 Family - 2 Units Up/Down
Year built
1920
Parking
6
Foundation
Concrete Perimeter

Land & utilities

Lot size
0.19 acres
Water
Public
Sewer
Public Sewer
Zoning
ResA

Financial

Annual taxes
$12,683
Assessment year
2026

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,086,783

Estimated range $1,013,971$1,159,595

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Malden

MetricThis propertyMalden
List price$1,000,000$1,010,000Near the local benchmark
Price / sq ft$395$3649% above local
Days on market85686% below local
Explore homes in Malden

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Bean Group guidance

Useful next steps

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About 40-42 Swan St

Can I schedule a private showing?

Yes. Request a tour of 40-42 Swan St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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