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$1,849,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Units
  • 10 Total Beds
  • 0.23 Acres
  • Updated 2 hours ago

Next open house:

Open House: 11:00 AM - 12:30 PM

Saturday 3/14 11:00 AM - 12:30 PM

14-16 Ripley St,Malden, MA 02148

14-16 Ripley StMaldenMA02148

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  • Open House: 11:00 AM - 12:30 PM

    Sunday 3/15 11:00 AM - 12:30 PM

    14-16 Ripley St,Malden, MA 02148
    14-16 Ripley StMaldenMA02148
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Great investment opportunity, this six unit 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 3 One Bedrooms, 1 Studio, and 2 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.

Full Property Details for 14-16 Ripley St

General

  • Price: $1,849,000
  • Taxes: $10,817 (2025)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 73485930
  • Updated: 3/12/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 10

Parking

  • Parking Features: Off Street

Location

  • County: Middlesex

Structural Information

  • Basement: Yes
  • Stories/Levels: 7
  • Square Feet: 3,282
  • Year Built: 1885

Lot Features

  • Lot Size (Acres): 0.23

Financial Considerations

  • Tax Amount: $10,817
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Rent and expense figures are approximate; (5) units are under lease agreements, (1) is vacant for showing purposes.
  • Property ID: 594146
  • Block/Lot/Section: 854

Listed by Blue Ocean Realty, LLC, Rose Hall and KeyKuen Ho

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Listing agents

— 14-16 Ripley St —

  • Rose Hall

    Blue Ocean Realty, LLC

  • KeyKuen Ho

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 14-16 Ripley St

School District:Malden School District
NameGradesDistance
Beebe School
401 Pleasant Street, Malden, MA 02148
K-80.7 mi
Forestdale School, Malden, MA
74 Sylvan Street, Malden, MA 02148
K-80.9 mi
Ferryway School
150 Cross Street, Malden, MA 02148
K-81 mi
Malden High School
77 Salem Street, Malden, MA 02148
9-120.6 mi
Salemwood School
529 Salem Street, Malden, MA 02148
K-81 mi
Linden School
29 Wescott Street, Malden, MA 02148
K-81.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14-16 Ripley St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$1,849,000
8.76%
MLS
11/27/2024
Sold
$1,700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 14-16 Ripley St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,817
4%
$955,600
8%
2024
$10,376
3%
$887,600
8%
2023
$10,048
6%
$824,300
7%
2022
$9,487
4%
$768,200
3%
2021
$9,147
1%
$744,300
4%
2020
$9,023
5%
$713,300
10%
2019
$8,568
5%
$645,700
11%
2018
$8,192
9%
$581,400
9%
2017
$7,544
2%
$532,400
9%
2016
$7,398
4%
$488,000
8%
2015
$7,134
8%
$453,500
10%
2014
$6,630
—
$411,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 14-16 Ripley St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Blue Ocean Realty, LLC, Rose Hall and KeyKuen Ho

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14-16 Ripley St, Malden, MA 02148 (MLS# 73485930) is a Multi-Family property with 6 units containing 10 bedrooms and 6 full bathrooms. 14-16 Ripley St is currently listed for $1,849,000 and was received on March 12, 2026. Want to learn more about 14-16 Ripley St? Do you have questions about finding other Multi-Family real estate for sale in Malden? You can browse all Malden real estate or contact a Coldwell Banker agent to request more information.

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