Active
83 Days on market
38 Clapp St. Malden — Photo 1 of 16

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)$364/sqft
12% BelowMarket Average

* Analysis is based on 24 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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