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241 Lebanon St, Malden MA 02148

Malden, MA 02148
$1,100,000
Est. $6,642/month
8
Beds
4
Baths
2,872
Sq Ft
$383
Price/Sq Ft
0.25
Acres
1900
Year Built
19 hours 14 minutes
Time on Market
Active Open House 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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Public Records

Current Owner

Owner MOLINAS DISTRIBUTION LLC
Mailing Address 241 LEBANON STREET, MALDEN, MA, 2148

Land Use

Use Code 104
Description Two-Family
Zoning ResA
Style MULTI-CONVER

Tax Information

Assessed Value $861,300

Assessment History

Year Land Building Total Change
FY2025 $382,300 $479,000 $861,300

Sale History

Date Price Book/Page
Jun 16, 2023 $1 81663/299

Building Permit History

Permit history not yet available for this municipality.

Municipal Context: MALDEN

Property Data Comparison

Field Assessor MLS Match
Sqft 2,872 2,872
Year built 1,900 1,900
Match: address_exact (95.0% confidence) · Data as of Jun 24, 2026

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
8
Full Bathrooms
4
Living Area
2,872 sq ft
Total Rooms
14
Stories
4
Levels
4

Open House Schedule

27
Jun
Saturday, June 27
11:00 AM - 1:00 PM EDT
25
Jun
Thursday, June 25
3:00 PM - 4:30 PM EDT
28
Jun
Sunday, June 28
11:00 AM - 1:00 PM EDT

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
E

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
H

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
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $879
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 23, 2026
$1,100,000
Original listing
Agent: Reynolds Group Office: Longwood Residential, LLC

Price & Status History

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

Market Statistics

Time on Market
19 hours 14 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 24, 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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Market Analytics for Malden, MA

Real-time market trends and pricing data for this area

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