241 Lebanon St, Malden MA 02148

Malden, MA 02148

$1,100,000

Est. $6,642/month

Beds

Baths

2,872

Sq Ft

$383

Price/Sq Ft

0.25

Acres

1900

Year Built

2 Family - 2 Units Up/Down

Type

10 hours 11 minutes

Time on Market

Active Listed Jun 23, 2026 • MLS# 73540348 Copied!

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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Property Overview

Property Type

2 Family - 2 Units Up/Down

Listing Type

For Sale

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

2,872 sq ft

Total Rooms

Stories

Levels

Facts & Features

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

Interior

Heating None

Cooling None

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

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:

Cooling:

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

Location

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Neighborhood

241 Lebanon St, Malden MA 02148

Malden, MA 02148

Walkability

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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

3 schools

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

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

Middle Schools

3 schools

Susan B. Anthony Middle School

1.9 mi | #260 of 352 | Score: 35.7

Improved 6 spots from last year

-22.5 below state avg

545 students Diverse

Grades 06-08

C+

Saugus Middle School

2.1 mi | #248 of 352 | Score: 36.3

Improved 63 spots from last year

-21.9 below state avg

616 students Diverse

Rising School Diverse Student Body

Grades 06-08

A-

Melrose Middle School

2.1 mi | #92 of 352 | Score: 50.4

Improved 6 spots from last year

-7.8 below state avg

886 students Moderate

Grades 06-08

High Schools

3 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

C+

Everett High School

1.6 mi | #233 of 346 | Score: 48.1

Improved 42 spots from last year

-10.1 below state avg

2,307 students Diverse

17 sports • 1,298 athletes

Rising School Career Tech Programs College Ready Curriculum Strong Athletics

Grades 09-12

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Jun 23, 2026

$1,100,000

Original listing

Agent: Reynolds Group Office: Longwood Residential, LLC

Date	Event	Price	Change	$/sqft	Details
06/23/2026	🏠 Listed for Sale	$1,100,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jun 23, 2026	New Listing Added	$1,100,000	—

Market Statistics

Time on Market

10 hours 11 minutes

Price per Sq Ft

$383

Tax History

Year	Taxes	Assessment
2026	$10,552	$925,600

Financial Details

Annual Property Tax

$10,552

Tax Year 2026

Assessed Value

$925,600

Listing Information

Listing Agent Reynolds Group

Listing Office Longwood Residential, LLC

Agent MLS ID TM348436

Office MLS ID AC1259

Listing Data Updated Jun 23, 2026 4:06 PM 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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241 Lebanon St, Malden MA 02148

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

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Nearby Schools

Elementary Schools

Middle Schools

High Schools

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