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40 Oakland St, Malden MA 02148

Malden, MA 02148 • Edgeworth
$1,650,000
Est. $9,150/month
3,772
Sq Ft
$437
Price/Sq Ft
0.30
Acres
1950
Year Built
4 hours 43 minutes
Time on Market
Active Open House Listed Jun 20, 2026 • MLS# 73539154 Copied!

About this home

Attention builders, developers, and investors; rare two-parcel opportunity in Malden’s desirable Edgeworth neighborhood. Rarely does a deal like this hit the market. 40 Oakland St, a former function hall with existing structure and off-street parking, sold together with 35 Oakland St, a paved lot directly across the street. Both parcels sit in RES A zoning, ready for your next project. The possibilities here are real, not hypothetical. Less than a mile to Malden Center T station with Orange Line and Commuter Rail access. Routes 60 and 93 are minutes away. Assembly Row, Wellington Circle, and downtown Boston are all close. This is the kind of transit-adjacent, high-demand location that makes the numbers work. Builders, developers, and investors — this won't last. Zoning is for RES A permitted uses and see attachments for parcel details. Please note, this listing only reflects square feet, taxes, and assessments for 40 Oakland Street. Both parcels to be sold at the same time.

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Property Overview

Listing Type
Commercial Sale
Year Built
1950
Living Area
3,772 sq ft

Open House Schedule

23
Jun
Tuesday, June 23
3:00 PM - 5:00 PM EDT
25
Jun
Thursday, June 25
3:00 PM - 5:00 PM EDT

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1950
Living Area 3,772 sq ft
Lot Size 0.30 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $7,283

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1950
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

Edgeworth

40 Oakland St, Malden MA 02148

Malden, MA 02148

Walkability

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Nearby Schools

School District
Malden School District local
B-
School Safety 2024-25
1.6% Average
1.5% Suspensions 1.0% In-School 0.1% Emergency
3.9% below state avg
E

Elementary Schools

8 schools
B-
Beebe School
0.6 mi | #196 of 352 | Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students Very Diverse
Diverse Student Body
Grades K-08
Cheverus Elementary School
0.8 mi
Grades PK-08
B
Ferryway School
1.0 mi | #166 of 352 | Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students Very Diverse
Rising School Diverse Student Body
Grades K-08
D
Salemwood School
1.7 mi | #324 of 352 | Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students Diverse
Diverse Student Body
Grades K-08
B-
Forestdale School
2.0 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
A
Mystic Valley Regional Charter School
2.1 mi | #52 of 346 | Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students Very Diverse
High Graduation Rate College Ready Curriculum Strong Athletics Diverse Student Body
Grades K-12
B-
Linden School
2.5 mi | #197 of 352 | Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students Very Diverse
Rising School Diverse Student Body
Grades K-08
Malden Early Learning Center
1.2 mi
238 students Very Diverse
Diverse Student Body
Grades PK
H

High Schools

2 schools
C+
Malden High School
0.9 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
1.8 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $607
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 20, 2026
$1,650,000
Original listing
Office: Century 21 North East

Price & Status History

Date Event Price Change
Jun 20, 2026 New Listing Added $1,650,000

Market Statistics

Time on Market
4 hours 43 minutes
Price per Sq Ft
$437

Tax History

Year Taxes Assessment
2025 $7,283

Financial Details

Annual Property Tax
$7,283
Tax Year 2025

Listing Information

Listing Agent Steven Ultrino
Listing Office Century 21 North East
Agent MLS ID CN214518
Office MLS ID AN7856
Listing Data Updated Jun 20, 2026 9:00 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Malden, MA

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