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10 Beds
6 Baths
3,282 sqft

$1,849,000

14-16 Ripley St, Malden MA, 02148

Price per sqft$563.38
Built in1885
Property size3,282 sqft
Property typeMulti-family

Overview

Active

Listed Sep 24, 2026

Updated 10 days ago

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.

$12,301/mo

Est. mortgage payment based on a $1,849,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73582174

Interior Features

Bedrooms
10
Bathrooms
6
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$10,817
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Rose Hall with Blue Ocean Realty, LLC

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Data last updated 2:54 AM UTC, 9/29/2026

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