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14-16 Ripley St, Malden MA 02148

$1,849,000

Estimated $3,900/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $308,166.67

Total Rent: 93600/year

Estimated CAP Rate:

10 Bedrooms

Baths

3282

Total Parking: 3

10,018 (0.23)

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.

This home has been viewed 4 times

Last Checked: September 24th, 2026 at 7:33pm (Source: MLS PIN #73582174)

Gross Income: $93,600

Gross Expenses: $10,817

Net Income Calc: $82,783

Water Views

Annual Expenses for 14-16 Ripley St, Malden MA 02148

Total Gross Expenses (Calculated)$10,817/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10817

Annual Income & Unit Breakdown for 14-16 Ripley St, Malden MA 02148

Total Gross Income (Calculated)$93,600

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 14-16 Ripley St, Malden MA 02148

Listing ID73582174

Property TypeMulti Family

Price1849000 ($563.38/SqFt)

Style5+ Family - 5+ Units Side By Side

CityMalden

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3282

Approximate Lot Size (Acres)0.23

Total Parking3

Garage Parking0

Year Built1885

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningResA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 14-16 Ripley St, Malden MA 02148

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer And Sellers Personal Items.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 14-16 Ripley St, Malden MA 02148

Real Estate Taxes10817

Tax Year2025

Assessed Value$955,600

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 14-16 Ripley St, Malden MA 02148

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 14-16 Ripley St, Malden MA 02148

Agent

Name: Rose Hall

Office

Name: Blue Ocean Realty, LLC

Phone: 617-206-5700

Team Members

Payment Calculator

, Interest

Property Taxes 901.42

Principal & Interest 11392.95

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Blue Ocean Realty, LLC

Rose Hall

Agent Phone

Office Phone

(617) 206-5700

Text Agent Call Agent Call Office

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EXIT

30 More Photos

Active

14-16 Ripley St, Malden MA 02148

$1,849,000

Annual Expenses for 14-16 Ripley St, Malden MA 02148

Annual Income & Unit Breakdown for 14-16 Ripley St, Malden MA 02148

General Information for 14-16 Ripley St, Malden MA 02148

Disclosures for 14-16 Ripley St, Malden MA 02148

Financial Information for 14-16 Ripley St, Malden MA 02148

Location Information for 14-16 Ripley St, Malden MA 02148

Contact Information for 14-16 Ripley St, Malden MA 02148

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Blue Ocean Realty, LLC

Rose Hall