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Oak Grove Home for Sale

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    $1,849,000

    • 10 Beds
    • 6 Baths
    • 3,282 Sq Ft

    14-16 Ripley St, Malden, MA 02148

    Great investment opportunity, this six units 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

    Rose Hall Blue Ocean Realty, LLC

    14-16 Ripley St, Malden, MA 02148

Why Live in Oak Grove

Oak Grove in Malden is known for its turn-of-the-century Victorian homes and convenient access to public transportation from its own T station. The neighborhood features a mix of single-family and multifamily properties, including Philadelphia-style multifamily homes, Victorian houses and Garrison-style homes. Many of these feature front porches and balconies. Students in Oak Grove can attend schools including Malden High School, which receives a B-plus grade from Niche. Outdoor enthusiasts can enjoy plenty of outdoor spaces. Pinnacle Trailhead offers a hiking trail to an overlook. Holland Memorial Pool is open over the summer for swimming. Coytemore Lea Park is a public space with playgrounds and basketball courts. The Spot Pond Brook Greenway connects Oak Grove to Malden Center, which is a hub for dining and gaming. Local dining options include Asia Gourmet for take-out and Dairy Delight for ice cream treats. For groceries, residents can visit Oak Grove Variety or the nearby Stop & Shop. The neighborhood is conveniently located just 5 miles from downtown Boston, with close access to Interstate 93 and Highway 1.

Frequently Asked Questions

Is Oak Grove a good place to live?
Oak Grove is a good place to live. Oak Grove is considered fairly walkable and very bikeable with great transit options. Oak Grove is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Oak Grove has 6 parks for recreational activities. It is fairly dense in population with 13.2 people per acre and a median age of 38. The average household income is $117,064 which is above the national average. College graduates make up 49.3% of residents. A majority of residents in Oak Grove are renters, with 63.6% of residents renting and 36.4% of residents owning their home. A local real estate agent serving Oak Grove can help you decide if this neighborhood is the right one for you. Learn more on our Oak Grove neighborhood guide.
Is Oak Grove, MA a safe neighborhood?
Oak Grove, MA is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Oak Grove?
The median home price in Oak Grove is $693,500. If you put a 20% down payment of $138,700 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $3,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $146K a year to afford the median home price in Oak Grove. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Oak Grove is $117K.
What are the best public schools in Oak Grove?
The best public schools that serve Oak Grove are:
  • Malden High School has a B+ Niche grade, a student teacher ratio of 16:1 and an average review score of 3.9.
  • Beebe School has a B- Niche grade, a student teacher ratio of 13:1 and an average review score of 2.2.
What are the best private schools in Oak Grove?
The best private schools that serve Oak Grove are:
What are the most popular zip codes in Oak Grove, Malden, MA?
The most popular zip codes in Oak Grove, Malden, MA include 02148, 02155, 02176, 02149 and 02180.
What are the most popular neighborhoods near Oak Grove, Malden, MA?
The most popular neighborhoods near Oak Grove, Malden, MA are North Medford, Bellrock, Maplewood, Glenwood and Melrose East Side.

Home Trends in Oak Grove, MA

Housing Trends

Median Sale Price
$732,500
Median Single Family Sale Price
$775,000
Average Price Per Sq Ft
$411
Number of Homes for Sale
0
Last 12 months Home Sales
12
Months of Supply
0.00
Median List Price
$693,500
Median Change From 1st List Price
-9%
Median Home Sale Price YoY Change
21%
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