HomeMalden2 Family - 2 Units Up/Down241 Lebanon St, Malden MA 02148
241 Lebanon St, Malden MA 02148 — photo 1 of 121 / 12
SOLD · Aug 31, 2026
$1,250,000   Over asking
Asking $1,100,000 · +$150,000 (+13.6%)
241 Lebanon St, Malden MA 02148
2 units · 8 bd · 4 ba · 2,872 sqft · $550,000/unit
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INVESTMENT SNAPSHOT

Signal Score pending — we haven't seeded market rents for this ZIP (02148) yet.

About this property

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

Units2
Living area2,872 sqft
Lot size10,951 sqft
Year built1900
Price / sqft$435
CountyMiddlesex
MLS #73540348

Location

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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 241 Lebanon St, Malden MA 02148 have?

It is a 2-unit multi-family property with 2,872 sqft of living area, built in 1900.

What is the price per unit?

At a list price of $1,100,000 across 2 units, that works out to roughly $550,000 per unit.

What is the price per square foot?

At $1,100,000 for 2,872 sqft, that's about $435 per square foot.

Where is this property located?

241 Lebanon St, Malden MA 02148 is in Malden, Middlesex County, MA 02148.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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