Active
62 Days on market
38 Clapp St. Malden — Photo 1 of 16
Recent Drop: $650,000
$5,950,000$5,300,000
$5,300,000
38 Clapp St., Malden, MA 02148
Malden, MA 02148
Beds
30
Baths
18
SqFt
16,512
Style
5-9 Family
Built
1970
18-unit brick garden-style apartment building with twelve (12) 2-BR, five (5) 1-BR, and one (1) studio apartment. Many recent improvements to the apartments and the building. Off-street parking, well-located on a side street in the Linden neighborhood of Malden. Fully occupied with existing cash flow and upside potential. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$321/sqft
Local Avg (Malden)$363/sqft
12% BelowMarket Average
* Analysis is based on 22 actively listed and recently sold comparable properties strictly within Malden, MA.
Property Details
Financials
Original Price$5,950,000
Annual Taxes$48,933
Parking
Garage0
Off-Street32
Interior Specifications
Total Rooms47
FireplacesNone
Flooring--
BasementNone
Climate & Utilities
Heating--
Cooling--
WaterPublic
SewerPublic Sewer
Building & Exterior
Construction--
Roof--
FoundationConcrete Perimeter
ZoningRESA
Property & Lot
Acres0.48
SqFt Lot21,044
Lot FeaturesLevel
Geography
Property History
Price Drop
$5,300,000
Was $5,950,000
Aug 10, 2026
MLS® 73538827
Listed
$5,950,000
Jun 19, 2026
MLS® 73538827
Population
65,906
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$101K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
58.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Provided By
Listing Agent: Carl Christie
Listing Office: Carl Christie
MLS® Number: 73538827
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