38 Clapp St.

Malden, MA, 02148

Multi-Family · MLS #73538827

Price/sqft

$321

Days on market

74 days

Year built

1970

Lot size

0.48 ac

16,512 sq ft

Sq Ft

0.48 acres

Lot

1970

Year Built

Taxes: $48,933 (2025)

About this home

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

Price history

Listed
Jun 19, 2026 · 2 mo ago
$5,950,000
Price reduced
Aug 24, 2026 · 8 days ago
$5,300,000
Price upon request (-10.9%)

Location

38 Clapp St., Malden, MA, 02148

Listed by Carl Christie · Carl Christie

Schedule a showing

38 Clapp St.

Estimated payment

$33,533 / month

Down payment20% · $1,060,000

Interest rate6.66%

Loan term

Principal & interest: $27,247
Property tax: $4,078
Home insurance: $2,208

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.