40 Prospect St, Marblehead, MA 01945
OFF MARKET

40 Prospect St
Marblehead, MA 01945

  • 2 Beds
  • 1 Bath
  • 825 sqft

$498,500

Trulia Estimate
as of May 17, 2026
Est. Refi. Payment $3,013/mo*

$498,500

Trulia Estimate
as of May 17, 2026
Est. Refi. Payment $3,013/mo*
2 Beds
1 Bath
825 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Beautiful condo for rent in an old colonial home with only 3 units total. Situated in walkable downtown Marblehead, close to restaurants, shops, and public transportation.

This updated home is fully furnished, equip with a modern kitchen, washer/dryer, gas firestove in the living room and hardwood floors throughout. Private front and backyard garden space. Included with the unit are two dedicated parking spaces in a lot out back. Seasonal rental available through June 30th.

Renter is responsible for gas, electric and oil used for heat. Wi-Fi is included in the rent. Landscaping/snow removal services are included. Two parking spaces included. One small pet allowed. Flexible lease dates. First months rent and security deposit required. No agent fee.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from October 19, 2025

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 40 Prospect St

Interior Features

Heating & Cooling
Heating: BaseboardAir ConditioningCooling System: Window UnitHeating Fuel: Baseboard
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Hardwood
Room & Shared Space
Shared space is furnished

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Sublet/TemporaryAvailable: now

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site

Price History for 40 Prospect St

DatePriceEventSource
10/24/2025$2,600ListingRemovedZillow Rentals
10/15/2025$2,600PriceChange
Zillow Rentals
09/01/2025$2,750Listed For RentZillow Rentals
12/07/2024$2,750ListingRemovedZillow Rentals
11/17/2024$2,750Listed For RentZillow Rentals
12/01/2023ListingRemovedZillow Rentals
09/27/2023$2,500Listed For RentZillow Rentals
05/26/2021$400,000Sold
N/A
02/23/2018$252,500Sold
N/A
06/30/2014$237,000Sold
N/A
11/15/2012$220,000Sold
N/A
09/12/2012$239,000Listed For SaleAgent Provided
08/12/2011$227,000Sold
N/A
07/09/2011$239,000PriceChange
Agent Provided
04/29/2011$249,000PriceChange
Agent Provided
01/08/2011$259,000Listed For SaleAgent Provided
06/13/2003$297,500Sold
N/A
06/01/2001$237,000Sold
N/A
08/09/1999$185,000Sold
N/A
09/16/1996$134,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$4,477
Assessment$494,700
Home facts updated by county records

Comparable Sales for 40 Prospect St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.85
Apartment
$438,500
05/30/25
1
1
693
2.08
Apartment
$380,000
12/11/25
2
1
1,100
2.50
Apartment
$393,000
12/19/25
2
2
1,143
2.79
Apartment
$450,000
08/15/25
2
1
920
2.79
Apartment
$450,000
08/15/25
2
1
960
2.55
Apartment
$675,000
10/30/25
2
2
1,030
2.68
Apartment
$380,000
10/20/25
1
1
596
2.72
Apartment
$130,000
03/02/26
3
1
1,300
2.70
Apartment
$530,000
01/15/26
3
3
2,229
3.14
Apartment
$512,000
11/06/25
4
2
1,827
Home facts updated by county records

Assigned Schools

These are the assigned schools for 40 Prospect St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Marblehead

At least 107 Trulia users voted on each feature.
  • 96 % Say it's dog friendly

  • 91 % Say people would walk alone at night

  • 80 % Say yards are well-kept

  • 78 % Say kids play outside

  • 78 % Say parking is easy

  • 78 % Say car is needed

  • 77 % Say there's holiday spirit

  • 72 % Say there are sidewalks

  • 70 % Say it's walkable to restaurants

  • 70 % Say neighbors are friendly

  • 69 % Say they plan to stay for at least 5 years

  • 66 % Say it's quiet

  • 64 % Say it's walkable to grocery stores

  • 64 % Say there's wildlife

  • 64 % Say streets are well-lit

  • 46 % Say there are community events

Learn more about our methodology.
  • Trulia User
    "There are lots of community events and one of the best July 4th celebrations. Lots of church groups, Council on aging, etc"
  • 9vpwcs25jb
    "Everyone is friendly towards dogs. The dogs love every person who comes close to them. It’s a pleasure to see. "
  • 9vpwcs25jb
    "I work from home so I don’t commute. I have the best of both worlds and I’m totally appreciative. Out of the worst pandemic comes the best commute ever! How lucky we are!! "
  • Lytania Jason Knowles
    "I work ten minutes away so it’s great. 7:45-8:15 in town is a mess because all the schools are doing drop off. "
  • MARC MELTZER
    "Aside from the morning & afternoon traffic the commute is okay but to & from work can be very stressful "
  • Bdmn63
    "This is an absolutely fantastic community with parents who are actively involved with their families in the community great schools and great lifestyle with the beaches in waterfronts"
  • Tpnohelty
    "Great area to walk with dogs. Safe neighborhood and everyone keeps their dogs leashed when out and about."
  • Cassandra
    "Christmas walk every year Santa comes in a lobster boat and they have a parade and all the local stores have specials "
  • Cassandra
    "Art festival in the summer. Sidewalk sales for all the local shops. Crocker park has fireworks on holidays and beautiful view of the ocean. Outdoor dining on the water "
  • R E. M.
    "this is a one of a kind community. it is very historic, going back to the 1600's. it is very safe and family friendly. it is a bit hard to commute to, but totally worth it."
  • Chalvinleo
    "Marblehead is truly something else. I have lived here for the past 10 years and I am sad to leave. This town will always feel like home. "
  • Msherman48
    "It’s Marblehead, an almost 400 year old fishing village on Massachusetts Bay. We have a small town but urban “walking” downtown on a spectacularly beautiful natural harbor. This is the real thing! And, it’s only a short hop to Boston, America’s intellectual capital city. If it didn’t have a cold winter, the whole world would want to live here!"
  • Cynshor
    "Takes a little while to get out of Marblehead and through surrounding Salem and Swampscott. Worth every minute on the ride home when you hit the water views."
  • dbrownbos
    "My neighborhood is in a great location close to schools and old town section of town. You can walk to shopping and the harbor. Lots of attractions nearby. "
  • Frank K.
    "I’ve lived in this neighborhood for fourteen years and have nice neighbors. It is safe and people watch out for each other."
  • Rhonda
    "Stunning ocean and harbor views. Beach and water sports. Walking running and biking on the Neck. Eastern and Corinthian yacht clubs among others. "
  • richard n. a.
    "Fabulous and unique seaside community. History is everywhere. 16 miles from Boston. No place to build so housing is always in demand and home values do not get hit hard in economic downturns. Great town to protect your real estate investment. "
  • Sean
    "A corner lot in the desirable family neighborhood. Kids all abound. Ice Cream Trucks and good people."
  • Alicia H.
    "I live here and this town is fantastic - it's beautiful and friendly and full of things to do! "
  • Arian S.
    "Excellent location, wonderful views, quite. I love to live and work here."

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Apartments for Rent

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Off Market Homes Near 40 Prospect St

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40 Prospect St, Marblehead, MA 01945 is a 2 bedroom, 1 bathroom, 825 sqft apartment. This property is not currently available for sale. 40 Prospect St was last sold on May 26, 2021 for $400,000 (15,285% higher than the asking price of $2,600). The current Trulia Estimate for 40 Prospect St is $498,500.