241 Lebanon St, Malden MA 02148
Malden, MA 02148
$1,100,000
Est. $6,642/month
About this home
Proudly owned and meticulously maintained by the same family for over 32 years, this well-cared-for two-family home offers a rare opportunity in a convenient Malden location. Situated on an expansive ¼-acre lot, the property is ideal for owner-occupants seeking rental income or investors alike. Flexible living space provides potential for extended family, in-law, or au pair accommodations. Enjoy a large deck and generous outdoor space perfect for entertaining, gardening, or relaxing. A spacious driveway offers ample off-street parking, while the lower level provides abundant storage. The upper unit, spanning the second and third floors, features central air conditioning. Conveniently located near public transportation, shopping, dining, parks, and major commuting routes, this property offers a unique combination of space, versatility, and long-term value.
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Jul 3, 2026
Active → Active Under Contract
Pending Sale
Jul 1, 2026
Offer accepted, sale pending
Listed for Sale
Jun 23, 2026
$1,100,000
Original listing
Agent: Reynolds Group
Office: Longwood Residential, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/03/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 07/01/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 06/23/2026 | 🏠 Listed for Sale | $1,100,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,552 | $925,600 |
Financial Details
Annual Property Tax
$10,552
Tax Year 2026
Assessed Value
$925,600
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
2,872 sq ft
Lot Size
0.25 acres
Bedrooms
8
Full Baths
4
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
Baseboard, Natural Gas, Electric, Unit Control
Cooling
Central Air
Flooring
Hardwood
Appliances
None
Fireplace
None
Basement
Full
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch, Deck - Composite
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
6
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$10,552
Assessed Value
$925,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Buyer To Perform Their Own Due Diligence Regarding Future Use And Expansion Possibilities. Some Insulated Window Seals Have Failed, Resulting In Fogging/condensation Between Panes. Leased Solar Panels. Lease Details Attached To Mls.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
24 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sale Pending
Year Built
1900
Bedrooms
8
Full Bathrooms
4
Living Area
2,872 sq ft
Total Rooms
14
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,872 sq ft above grade
1,257 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck - Composite
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Interior Features:
Windows:
Insulated Windows
Basement:
Full
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas, Electric, Unit Control
Cooling:
Central Air
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Deck - Composite
Fencing:
Fenced
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Malden School District local
B-
School Safety
2024-25
1.6%
Average
1.5%
Suspensions
1.0%
In-School
0.1%
Emergency
3.9% below state avg
Elementary Schools
8 schools
A
Mystic Valley Regional Charter School
0.3 mi
|
#52 of 346
|
Score: 67.0
Dropped 2 spots from last year
+8.8 above state avg
1,698 students
Very Diverse
High Graduation Rate
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades K-12
B-
Forestdale School
0.4 mi
|
#185 of 352
|
Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students
Very Diverse
Diverse Student Body
Grades K-08
D
Salemwood School
0.5 mi
|
#324 of 352
|
Score: 28.9
Dropped 70 spots from last year
-29.4 below state avg
1,033 students
Diverse
Diverse Student Body
Grades K-08
B-
Linden School
0.7 mi
|
#197 of 352
|
Score: 40.7
Improved 30 spots from last year
-17.5 below state avg
813 students
Very Diverse
Rising School
Diverse Student Body
Grades K-08
Cheverus Elementary School
1.3 mi
Grades PK-08
B
Ferryway School
1.3 mi
|
#166 of 352
|
Score: 43.0
Improved 23 spots from last year
-15.2 below state avg
920 students
Very Diverse
Rising School
Diverse Student Body
Grades K-08
B-
Beebe School
1.8 mi
|
#196 of 352
|
Score: 40.8
Dropped 50 spots from last year
-17.4 below state avg
921 students
Very Diverse
Diverse Student Body
Grades K-08
Malden Early Learning Center
0.9 mi
238 students
Very Diverse
Diverse Student Body
Grades PK
High Schools
2 schools
Malden Catholic High School
0.8 mi
19 sports
• 2,126 athletes
Strong Athletics
Grades 09-12
C+
Malden High School
1.2 mi
|
#226 of 346
|
Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students
Very Diverse
14 sports
• 856 athletes
Early College Program
Rising School
Diverse Student Body
Grades 09-12
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$879
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Total interest paid
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Rate Impact
-0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
241 Lebanon St, Malden MA 02148
Malden, MA 02148
Listing Information
Listing Agent
Reynolds Group
Listing Office
Longwood Residential, LLC
Office Phone
617-396-3100
Agent MLS ID
TM348436
Office MLS ID
AC1259
Listing Data Updated
Jul 22, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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