INNOVATE Real Estate
2 Family - 2 Units Up/Down at 40-42 Swan Street, Malden MA 02148
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31 photos

$1,124,000

40-42 Swan Street, Malden MA 02148
Malden, MA 02148
Listed by Edmund Wong
Bedrooms
6
Bathrooms
2
Living area
2,531 sqft
Year built
1920

About this home

PRICE IMPROVED + JUST UPDATED: New GAF Timberline HDZ architectural roof + transferable workmanship/manufacturer warranties. Beautifully renovated 2-family duplex in Malden's desirable Maplewood neighborhood. Each unit: 3BR/1BA, hardwood floors, high ceilings, stainless appliances, dishwasher, soft-close cabinets, under-cabinet lighting. Upper unit includes bonus attic room. Updated electric, plumbing, kitchens, baths since 2021. Shared basement laundry/storage; private backyard. Lower unit fully furnished — turnkey ready for immediate mid- or long-term rental. 6 off-street parking spots (3/unit). 8,276 sq ft lot, larger than neighborhood avg. Quiet street near MBTA Bus 411/430 to Malden Center Orange Line. Flexible closing to accommodate buyer's timeline. Showings by appointment. Operating data + documentation upon request.

Property details

MLS
MLS Property Information Network
MLS #
73513920
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
172
On market date
May 6, 2026
Stories
3
Total bathrooms
2
Garage spaces
N/A
Parking spaces
6
Lot size
0.19 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Linden
0.53 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
787
Student:teacher ratio
11.9:1
District
Malden
Middle
Saugus Middle School
1.61 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
608
Student:teacher ratio
15.6:1
District
Saugus
High
Saugus High
1.52 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
694
Student:teacher ratio
15.8:1
District
Saugus

Walkability

Blended score for Malden's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

77
Walkable
out of 100
EPA National Walkability Index
12.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks15
Schools17
Transit stops20
Pharmacies6

Market position

How this listing compares to current activity in Malden, from live MLS data.

On the market 172 days -- 85 more days than Malden's current average of 87 days.
For reference, the median list price across 456 active listings in Malden right now is $3,600.

Mortgage calculator

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Est. monthly payment
$6,919/mo
$224,800 down
$899,200 loan
Principal & interest$5,832
Property tax (est.)$937
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated July 14, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.