For sale

$1,849,000

14-16 Ripley St, Malden, MA 02148

10beds

3,282sqft

$12,082/mo

Get pre-qualified

5+ Family - 5+ Units Side by Side

Built in 1885

-- sqft lot

$-- Zestimate^®

$563/sqft

$-- HOA

What's special

Renovated unit interiorsHigh-efficiency heating systemsOn-site basement laundryNew roofUpdated kitchensNew driveway and walkwayThree off-street parking spaces

Great investment opportunity in Malden! Conveniently located near Oak Grove Orange Line Station and steps from MBTA bus service, offering easy access throughout Greater Boston. This well-maintained 6-unit multifamily is ideally located just off Main St in a thriving, well-established rental market and generates over $138k in revenue. Approximately 5,499 sq ft across three levels, the property features a desirable unit mix of two 1-bedroom units, one studio, and two 2-bedroom units. Significant upgrades completed in 2024 include high-efficiency heating systems, on-demand hot water, a new roof, new driveway and walkway, plus renovated unit interiors with updated kitchens, electrical, flooring, and plumbing. Additional features include on-site basement laundry and three off-street parking spaces. A strong addition to an investment portfolio in an established Malden rental market.

6 days
188
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard

Appliances

Included: Range, Microwave, Refrigerator

Features

Living RM/Dining RM Combo, Living Room, Dining Room, Loft
Flooring: Vinyl, Laminate
Doors: Insulated Doors
Basement: Full,Walk-Out Access,Concrete
Has fireplace: No

Interior area

Total structure area: 3,282
Total interior livable area: 3,282 sqft
Finished area above ground: 3,282

Property

Parking

Total spaces: 3
Parking features: Paved Drive, Off Street
Uncovered spaces: 3

Features

Patio & porch: Porch, Deck

Lot

Size: 10,018 Square Feet
Features: Level

Details

Parcel number: 594146
Zoning: ResA

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Side by Side

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1885

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Range

Green energy

Energy efficient items: Varies per Unit

Community & HOA

Community

Features: Public Transportation, Shopping

Location

Region: Malden

Financial & listing details

Price per square foot: $563/sqft
Tax assessed value: $955,600
Annual tax amount: $10,817
Date on market: 9/25/2026
Total actual rent: 11550

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/24/2026	Listed for sale	$1,849,000$563/sqft
Source: MLS PIN #73582174 Report a problem
5/4/2026	Listing removed	$1,849,000$563/sqft
Source: MLS PIN #73485930 Report a problem
3/12/2026	Listed for sale	$1,849,000+8.8%$563/sqft
Source: MLS PIN #73485930 Report a problem
11/26/2024	Sold	$1,700,000-1.4%$518/sqft
Source: MLS PIN #73295348 Report a problem
9/26/2024	Listed for sale	$1,725,000$526/sqft
Source: MLS PIN #73295348 Report a problem