Active
7 Days on market
427 Lebanon St Malden — Photo 1 of 41

427 Lebanon St Malden — Photo 1 of 41

$579,990

427 Lebanon St, Malden, MA 02148

Malden, MA 02148

Beds

3

Baths

1.5

SqFt

1,484

Style

Single Family

Built

1880

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!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$391/sqft
Local Avg (Malden)$413/sqft
5% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Malden, MA.

Property Details

Financials

Original Price$579,990
Annual Taxes$7,066

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Tile, Vinyl
BasementFull

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningResA

Property & Lot

Acres0.23
SqFt Lot9,971
Lot FeaturesLevel

Amenities & Appliances

Gas Water Heater • Range • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Population

65,906

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$101K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 742 sq ft (the lesser of 900 sq ft or half the 1,484 sq ft principal dwelling). Lot size: 9,971 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Listing Provided By

Listing Agent: Angela Cui

Listing Office: Keller Williams Realty

MLS® Number: 73571325

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