40 Spring St, Malden, MA 02148
OFF MARKET

$1,216,700

Trulia Estimate
  • Studio
  • 1 Bath
  • 9,999 sqft

40 Spring St, Malden, MA 02148

Forestdale
Est. Refi. Payment $7,653/mo*
Refinance Your Home
Currently Off Market - Sold Mar 15, 2022 for $1,005,000

Home Value

Trulia Estimate
$1.22M
Since last month
Decreased$25K (-2%)
Since last year
Increased$31K (+2.6%)
Since last sale
Increased$212K (+21.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +118% in the last 10 years
MonthEstimated value
2026
September 2026$1.22M
August 2026$1.24M
July 2026$1.25M
June 2026$1.24M
May 2026$1.26M
April 2026$1.24M
March 2026$1.25M
February 2026$1.2M
January 2026$1.21M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
34 Page St, Malden, MA
0.16
Multi-Family Home
$950,000
10/03/25
4
2
3,067
30-32 Starbird St, Malden, MA
0.28
Multi-Family Home
$1,120,000
12/16/25
8
3
4,496
241 Mountain Ave, Malden, MA
0.13
Multi-Family Home
$1,350,000
03/30/26
6
4
4,347
36-38 Albion St, Malden, MA
0.21
Multi-Family Home
$1,260,000
05/19/26
8
4
3,860
68-70 Waverly St, Malden, MA
0.23
Multi-Family Home
$980,000
02/27/26
4
2
2,786
11-13 Hudson Trl, Malden, MA
0.04
Multi-Family Home
$780,000
01/30/26
3
2
1,880
22 Porter St, Malden, MA
0.28
Multi-Family Home
$910,000
04/10/26
6
2
2,551
11 Starbird St, Malden, MA
0.23
Multi-Family Home
$1,110,000
11/21/25
5
3
3,147
19-21 Wolcott St, Malden, MA
0.22
Multi-Family Home
$1,100,000
12/01/25
9
4
4,138
62 Wolcott St, Malden, MA
0.23
Multi-Family Home
$720,000
10/27/25
8
3
2,872

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
11-13 Hudson Trl, Malden, MA 02148
0.04
$780,000
3
2
1,880
Recently Sold
11-13 Hudson St, Malden, MA 02148
0.04
-
4
2
1,850
Off Market
48 Tremont St, Malden, MA 02148
0.06
$1,999,999
7
9
5,888
For Sale
57-57 Spring St #59, Malden, MA 02148
0.05
-
5
2
2,632
Off Market
49 Tremont St, Malden, MA 02148
0.08
$860,000
4
1.5
2,585
Off Market
25 Main Street Park, Malden, MA 02148
0.06
$870,900
4
1.5
2,199
Off Market
227 Mountain Ave #1, Malden, MA 02148
0.10
$662,500
2
2.5
1,519
Off Market
43 Park St, Malden, MA 02148
0.05
$1,125,000
5
2
3,179
Recently Sold
20 Main Street Park, Malden, MA 02148
0.07
-
6
2.5
2,965
Off Market
29-31 Sprague St, Malden, MA 02148
0.07
$1,500,000
6
5
4,057
For Sale
44 Park St, Malden, MA 02148
0.07
$1,043,000
4
3
1,917
Off Market
220 Mountain Ave, Malden, MA 02148
0.12
$899,900
3
1.5
3,678
For Sale

Local Information

  • Map ViewExplore the area around 40 Spring St.
  • Schools5 Elementary Schools5 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1900
9,999 sqft
$122/sqft

About this House

What's unique:Good sized rooms
This is a 3 room apartment with good sized rooms and in solid condition. Great value walking distance to the T. Pets are ok as long as dog not too big and has good references - may be breed restrictions. Very close to Malden Center Train stop (Reference #175966)

37 Spring St Malden MA. Available 4/1/23. No laundry
40 Spring St, Malden, MA 02148 is a studio, 1 bathroom, 9,999 sqft multi-family in Forestdale, built in 1900. It last sold for $1,005,000 on Mar 15, 2022. More recently, it was listed as a rental in February 2023 with an asking price of $1,750 per month. That rental listing was removed on March 15, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,216,700, with a rent estimate of $2,064/month.

Home Details for 40 Spring St

Interior Features

Interior Details
BasementNumber of Rooms: 12
Heating & Cooling
Heating: OilHeating Fuel: Oil
Levels, Entrance, & Accessibility
Stories: 3Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 2

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Mar 15, 2023
Source: Zillow Rentals
ListingRemoved
Feb 25, 2023
Source: Zillow Rentals
PriceChange
$1,700
Price decreased by 3%
Feb 21, 2023
Source: Zillow Rentals
Listed For Rent
$1,750
Mar 15, 2022
Source: MLS PIN #72939647
Sold
$1,005,000
Feb 4, 2022
Source: MLS PIN #72939647
Listed For Sale
$899,999

Market trends in Malden

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
63
6MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Forestdale
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Forestdale

At least 22 Trulia users voted on each feature.

  • 85 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 78 % Say there's holiday spirit

  • 72 % Say car is needed

  • 72 % Say yards are well-kept

  • 70 % Say parking is easy

  • 70 % Say it's quiet

  • 69 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 56 % Say there's wildlife

  • 53 % Say neighbors are friendly

  • 52 % Say it's walkable to restaurants

  • 50 % Say kids play outside

  • 49 % Say they plan to stay for at least 5 years

  • 34 % Say there are community events

  • 28 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Floratella
    "They would like the neiborly people of Forestdale Malden but they need to put dog. Bags and buckets for the dog waste Doggie bags and mote tr"
    1
    Flag
  • Neighbor3
    "I've lived in this neighborhood for three years... people are friendly and streets are very quiet, I also like the diversity of the area. Great neighborhood!"
    1
    Flag
  • Zak
    "I live in Forestdale area about 4 years, it’s so quiet, Great neighborhood,Safe,Friendly neighbor, great to raise a family."
    1
    Flag
  • neighbor19
    "I've lived in this neighborhood for three years... the streets are so quiet! neighborhood is safe and diverse. Friendly neighbors overall and lots of wildlife to see!"
    27
    Flag
  • Vanny E.
    "I walk within my neighborhood if I'm going somewhere close. If it is for work, I would take the train. It can be a mess to travel. Traffic seems to be clustered when it is busy."
    0
    Flag
  • Vanny E.
    "It is close to a school. There are a ton of stores around. People can be helpful."
    1
    Flag
  • Vanny E.
    "It is kid friendly and there is a school nearby. Area can be big."
    0
    Flag
  • Scott N.
    "Plenty of walking places and easygoing walking around the town of Malden. Without a doubt the best place in town for a pet owner."
    0
    Flag
  • Scott N.
    "Nice, bumpy roads make traffic back up. The T stations also back up due to construction."
    1
    Flag
  • Scott N.
    "It has a nice hilltop view and plenty of history."
    0
    Flag
  • Scott N.
    "It has a great school, along with the family style neighborhood that makes it a great place for kids to enjoy themselves."
    0
    Flag
  • Erika M.
    "There are walkable areas and nice streets. There's a park close by, which has a few hills."
    0
    Flag
  • Erika M.
    "The commute is short, easy, hassle free. And there are nice walks and biking if you don't drive."
    0
    Flag
  • Erika M.
    "There's a lot of things close by. It's a safe, quiet, friendly neighborhood."
    0
    Flag
  • Scott N.
    "There are plenty of free roaming spaces, I just dislike it when dogs relieve themselves on my lawn."
    0
    Flag
  • Scott N.
    "The T is well traveled in the local area so one is just minutes from downtown Boston."
    1
    Flag
  • Scott N.
    "The area is known for the rocks and high hilltops where the visibility on a clear day is outstanding."
    0
    Flag
  • Scott N.
    "Ths school system is great along with all the community events."
    0
    Flag
  • Erika L.
    "It's not busy, and you can frequently have walks with your dogs. There are also parks."
    0
    Flag
  • Erika L.
    "It's a very easy commute. You can walk, bike or drive."
    0
    Flag
  • Erika L.
    "It's a quiet and friendly neighborhood. There are nice, taken care of streets."
    0
    Flag
  • Erika L.
    "It is safe. Short distance to schools and homes."
    0
    Flag
  • Lisa
    "this is a fantastic area for young families w/children; school is in walking distance and it is fairly new to the neighborhood and rates as an excellent school for elementary children. There is no crime whatsoever in this neighborhood; i wud highly recommend anyone to buy their first new home in this area."
    1
    Flag
  • jleonard
    "Malden is a small city north of Boston -- very diverse, friendly and affordable. Great restaurants, reflecting both long-time Maldonians and new immigrants. Lots of community involvement in the arts, sports, bicycling, libraries and education. The city has good MBTA access and bus lines that go to the areas beyond the T stations. "
    0
    Flag
  • ip
    "This is probably a quiet area, decent access to the T, but over 8 minutes walk is horrible in the winter"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 40 Spring St

  • What is 40 Spring St estimated to be worth?
    Trulia's estimated value for 40 Spring St in Malden, MA is $1,216,700.
  • What is the price history for 40 Spring St?
    40 Spring St in Malden, MA last sold for $1,005,000 in March 2022.
  • Is Malden a buyer's or seller's market?
    Malden is currently a seller's market, based on recent for-sale activity.
  • What do residents say about the Forestdale neighborhood?
    Residents describe the Forestdale neighborhood in Malden, MA as dog-friendly, pedestrian-friendly, and well-kept. See recently sold homes in Forestdale, Malden.
  • Does 40 Spring St have parking?
    Yes, 40 Spring St in Malden, MA has on-site parking.

Explore by feature - Pet Friendly

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Off Market Homes Near 40 Spring St

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