14-16 Ripley St Malden, MA ^$ 1,849,000

14-16 Ripley St

^$ 1,849,000

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Recently Listed

Open House 3/28 12pm - 1:30pm

14-16 Ripley St

Malden, MA, 02148

^$ 1,849,000

Bedrooms10 Baths6.0 Sq 3,282

Monthly Estimate*

^$ 11,385

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Multi-Family Home for sale in Malden, MA

for $1,849,000 with 10 bedrooms and 6 full baths. This 3,282 square foot home was built in 1885 on a lot size of 0.23.

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.

Open House

3/28/2026 12:00 PM - 1:30 PM

14-16 Ripley St Malden, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 1,849,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,817

Style

5+ Family - 5+ Units Side by Side

Lot Size

0.23

Year Built

1885

Town/City

Malden

County/Region

Middlesex

MLS | Web ID

73485930

List By

Rose Hall

Listing Agent

Blue Ocean Realty, Llc

Broker

Affordability Calculator

$12,286

Per Month

Monthly Principal & Interest: $11,385
Monthly Property Taxes: $901
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Malden, MA

Average List Price ^$1,383,909

Percent of Sale Price 25%

About Malden, MA

63,704 Population

13% Since 2002

^$62,106 Median Income

39.23 Median Age

26% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
3/12/2026	$1,849,000		Listed Price

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14-16 Ripley St, Malden, MA, 02148 is a Multi-Family Home for sale at $1,849,000 with 3,282 sqft and a lot size of 0.23. 14-16 Ripley St has 10 bedrooms, 6.0 baths, and was built in 1885. The property's zip code is 02148 which is in Malden, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 3/27/2026.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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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14-16 Ripley St

Multi-Family Home for sale in Malden, MA

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