Single Family Residence at 427 Lebanon St, Malden MA 02148, Malden
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$579,990

427 Lebanon St, Malden MA 02148
Malden, MA 02148
Listed by Angela Cui
Bedrooms
3
Bathrooms
1.5
Living area
1,484 sqft
Year built
1880

About this home

Endless possibilities! Single-family house situated on a huge lot in a prime location with high potential. The house features 1,400+ square feet of living space, 3 bedrooms, 1 and 1/2 baths, gas heat, and hardwood floors throughout. The property is being sold in "as-is" condition, offering a wonderful canvas for your personal updates and improvements. Key high-value upgrades have already been done, including a 2-year-old roof for long-term peace of mind. The massive, rare lot size provides incredible outdoor space and flexibility. The detached garage presents a fantastic opportunity to convert into a brand-new Accessory Dwelling Unit (ADU) for rental income, guest quarters, or an in-law suite. Additionally, the soaring high-ceiling attic offers immense potential to finish and expand your total living space. Unbeatable location convenient to the Oak Grove T station and directly on the bus line, making commuting a breeze. Whether you are an investor or a homebuyer looking to customize your dream home and build instant equity, this is a do-not-miss opportunity! Join us at our Open House this Saturday and Sunday, September 5th and September 6th, from 11:00 AM to 1:00 PM!

Property details

MLS #
73571325
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
36
On market date
September 2, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
2
Parking spaces
8
Lot size
0.23 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Forestdale
0.26 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
575
Student:teacher ratio
10.6:1
District
Malden
Middle
Melrose Middle
1.83 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
844
Student:teacher ratio
14.3:1
District
Melrose
High
Malden High
1.25 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,757
Student:teacher ratio
14.1:1
District
Malden

Walkability

Blended score for Malden's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
12.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks20
Schools17
Transit stops20
Pharmacies4

Market position

How this listing compares to current activity in Malden, from live MLS data.

On the market 36 days -- 44 fewer days than Malden's current average of 80 days.
For reference, the median list price across 422 active listings in Malden right now is $3,700.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$3,643/mo
$115,998 down
$463,992 loan
Principal & interest$3,009
Property tax (est.)$483
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 6, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.