14-16 Ripley St
Malden, MA, 02148
$1,849,000
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.
Current real estate data for Multi Family in Malden as of Oct 16, 2026
44
Multi Family Listed
76
Avg DOM
354
Avg $ / SqFt
$1,168,659
Avg List Price
Property Details
Price:
$1,849,000
MLS #:
73582174
Status:
Active
Beds:
10
Baths:
6
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
Listed Date:
Sep 24, 2026
Finished Sq Ft:
3,282
Total Sq Ft:
3,282
Lot Size:
10,018 sqft / 0.23 acres (approx)
Year Built:
1885
Units:
6
Schools
Interior
Above Grade Finished Area
3282
Appliances
Range, Microwave, Refrigerator
Bathrooms
6 Full Bathrooms
Flooring
Vinyl, Laminate
Heating
Baseboard
Interior Features
Living RM/Dining RM Combo, Living Room, Dining Room, Loft
Levels
7
Exterior
Community Features
Public Transportation, Shopping
Construction Materials
Frame
Green Energy Efficient
Varies per Unit
Lot Features
Level
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch, Deck
Roof
Shingle
Stories
7
Financial
Tax Year
2025
Taxes
$10,817
Map
Contact Us
Mortgage Calculator
Community
- Address14-16 Ripley St Malden MA
- CityMalden
- CountyMiddlesex
- Zip Code02148
Subdivisions in Malden
Property Summary
- 14-16 Ripley St Malden MA is a Multi Family for sale in Malden, MA, 02148. It is listed for $1,849,000 To schedule a showing of MLS#73582174 at 14-16 Ripley St in Malden, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.
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CRP: Certified Relocation Professional CRS: Certified Residential Specialist GRI: Graduate of Realtors Institute CBR: Certified Buyers Representative BSBA: Bachelor of Science in Business Administration. Babson College 1979 MBA: Master of Business Administration. Babson College 2002 James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…
More About JamesCourtesy of Blue Ocean Realty, LLC. The property listing data and information 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 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 set forth herein.
14-16 Ripley St
Malden, MA