14-16 Ripley St, Malden, MA 02148

Malden
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
14-16 Ripley St,Malden, MA 02148
$1,849,000
  • 10 Beds
  • 6 Baths
  • 3,282 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Mar 28
    12:00 pm - 01:30 pm
Listed by: rose hall, keykuen ho
Office: blue ocean realty, llc
MLS#:73485930
Source:MLSPIN

Price summary

  • Price:$1,849,000
  • Price per sq. ft.:$563.38

About this home

Great investment opportunity, this six units multi-family is perfectly located right off Main St in the thriving and well established Malden market. Cap rate 6.5%. Great commuter location near the Orange line Oak Grove station, steps away from the MBTA bus stops, and has 3 off-street parking spaces as well, providing flexibility for commute. Well-maintained property with approximately 5,499 sq ft for 6 units total over 3 levels, including 2 One Bedrooms, 3 Studios, and 1 Townhome style Two Bedrooms. The basement level features an on-site laundry room. The property was significantly upgraded in 2024 with high-efficiency heating systems and on-demand hot water, a new roof, a newly installed driveway and walkway, and renovated unit interiors including kitchens, electrical, flooring, and plumbing. Great opportunity for a flexible portfolio addition in a well-established rental market.

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Home facts

  • Year built:1885
  • Listing ID #:73485930
  • Updated:March 25, 2026 at 02:15 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:16
  • Flooring:Hardwood, Laminate, Vinyl
  • Dining Description:Dining Room, Living Room/Dining Room Combo
  • Kitchen Description:Microwave, Range, Refrigerator
  • Basement Description:Concrete, Full, Walk-Out Access
  • Living area:3,282 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Shingle
  • Year built:1885
  • Building area:3,282 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Level
  • Construction Materials:Frame
  • Exterior Features:Deck, Porch
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,849,000
  • Price per sq. ft.:$563.38
  • Tax amount:$10,817 (2025)

Features and amenities

  • Appliances:Microwave, Range, Refrigerator
  • Amenities:Loft

Parking

  • Total parking spaces:3
  • Parking description:Off Street
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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