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$1,100,000

241 Lebanon St, Malden MA 02148
Malden, MA 02148
Listed by Reynolds Group
Bedrooms
8
Bathrooms
4
Living area
2,872 sqft
Year built
1900

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.

Property details

MLS #
73540348
Property type
2 Family - 2 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
4
Garage spaces
N/A
Lot size
0.25 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Forestdale
0.39 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
Susan B. Anthony Middle School
1.85 mi away · Grades 6-8
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
564
Student:teacher ratio
11.1:1
District
Revere
High
Malden High
1.16 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

Mortgage calculator

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Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 30, 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.