A family of four dinuclear complexes, [NHEt3]2[Ln2(µ‐NO3)2(NO3)2(HL)2] [Ln = GdIII (1), TbIII (2), HoIII (3), DyIII (4)], were synthesized by the reaction of an enolizable multidentate Schiff base ligand H3L (H3L = N′‐(2‐hydroxy‐3‐methoxy‐5‐nitrobenzylidene)‐2‐(hydroxyimino)propanehydrazide) with hydrated lanthanide nitrates in the presence of NEt3. The molecular structure of complexes 1–4 was confirmed by single‐crystal XRD analysis. All of the centrosymmetric complexes are dianionic, isostructural and each of the LnIII centers is nine‐coordinate and adopts a muffin like coordination geometry as indicated by SHAPE analysis. The dynamic magnetization studies revealed that the compounds 2 and 4 are field‐induced single‐molecule magnets with effective energy barriers,Ueff = 34(2) K (for 2) and 80(3) K (for 4) and pre‐exponential factors, τo = 1.1 × 10–8 s (for 2) and 1.15 × 10–7 s (for 4).