14-16 Ripley St Malden — Photo 1 of 33
$1,849,000
Investment Analysis — 14-16 Ripley St
Malden, MA 02148
Based on rent reported on the MLS listing, a 6-unit multi-family in 02148 carries $11,550/mo in gross rent — about a 5.11% cap rate and $94,519/yr in estimated NOI at the $1,849,000 list price. Adjust every assumption in the calculator below.
Beds
10
Baths
6
SqFt
3,282
Style
5+ Family - 5+ Units Side by Side
Built
1885
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property History
$1,849,000
Sep 24, 2026
MLS® 73582174
$1,849,000
May 3, 2026
MLS® 73485930
$1,849,000
Mar 12, 2026
MLS® 73485930
Listing Agent: Rose Hall
Listing Office: Blue Ocean Realty, LLC
MLS® Number: 73582174