Under contract

$1,100,000

241 Lebanon St, Malden, MA 02148

8beds

2,872sqft

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2 Family - 2 Units Up/Down

Built in 1900

-- sqft lot

$1,073,000 Zestimate^®

$383/sqft

$-- HOA

What's special

Central air conditioningLarge deck

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.

11 days

1,216

56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Natural Gas, Electric, Unit Control

Cooling

Central Air

Features

Flooring: Hardwood
Windows: Insulated Windows
Basement: Full
Has fireplace: No

Interior area

Total structure area: 2,872
Total interior livable area: 2,872 sqft
Finished area above ground: 2,872
Finished area below ground: 1,257

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 6

Features

Patio & porch: Porch, Deck - Composite
Fencing: Fenced

Lot

Size: 0.25 Acres
Features: Corner Lot

Details

Parcel number: M:0141 B:0796 L:0602,600799
Zoning: ResA

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Foundation: Stone
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area

Location

Region: Malden

Financial & listing details

Price per square foot: $383/sqft
Tax assessed value: $925,600
Annual tax amount: $10,552
Date on market: 6/23/2026
Total actual rent: 0

Estimated market value

$1,073,000

$1.02M - $1.13M

$3,735/mo

Price history

Date	Event	Price
7/3/2026	Contingent	$1,100,000$383/sqft
Source: MLS PIN #73540348 Report a problem
6/23/2026	Listed for sale	$1,100,000+554.8%$383/sqft
Source: MLS PIN #73540348 Report a problem
4/6/1994	Sold	$168,000$58/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,750 +2.6%	$861,300 +6%
2024	$9,500 +3.3%	$812,700 +7.7%
2023	$9,196 +5%	$754,400 +6.4%
2022	$8,757 +4.3%	$709,100 +3.8%
2021	$8,398 +3.6%	$683,300 +6.6%
2020	$8,105 +1.8%	$640,700 +6.7%
2019	$7,965 +4.5%	$600,200 +11%
2018	$7,621 +2.5%	$540,900 +3.1%
2017	$7,432 +4.5%	$524,500 +11.8%
2016	$7,112 +4.9%	$469,100 +8.8%
2015	$6,780 +8.2%	$431,000 +10.7%
2014	$6,269 +6.5%	$389,400 +5%
2013	$5,888 +20.3%	$370,800 +8.5%
2012	$4,895 +4.3%	$341,600 -1.1%
2011	$4,692 +1%	$345,500 -7.8%
2010	$4,645 +2.3%	$374,900 -18.2%
2009	$4,541 +1%	$458,200 -7.9%
2008	$4,496 +7.3%	$497,400 -2%
2007	$4,189 +4.8%	$507,800 +4.2%
2006	$3,999 +0.9%	$487,100 +6.8%
2005	$3,962 +2.8%	$455,900 +5.4%
2004	$3,854 +18%	$432,600 +86.3%
2003	$3,265 +3.8%	$232,200
2002	$3,144 +7.2%	$232,200 +38%
2000	$2,933 +3.4%	$168,300
1999	$2,836	$168,300

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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