147-149 Oakland Ave, Methuen MA 01844
Methuen, MA 01844
$754,300
Est. $4,572/month
About this home
Classic 1930s two-family near downtown Methuen, offered for the first time in years and full of original character. This up and down two-family has two separate units, each with its own gas steam heat, separate hot water tanks (one new in 2024), and separate utilities. Period details run throughout, including patterned hardwood floors, columned room dividers with built-in cabinetry, eat-in kitchens with gas cooking, and pantries. The first-floor unit is leased at $1,955 per month ($1925 rent + $30/mo for laundry use) through February 2027 for in-place income, while the second-floor unit is vacant and ready for an owner-occupant or a new tenant. A full basement provides laundry and storage, and outside is a paved driveway with off-street parking plus a fenced yard with patio and garden area. Convenient to Route 110 and Interstate 495. Sold as-is. Sale is subject to issuance of a License to Sell by the Probate Court. Bring your vision to a solid two-family with strong bones and long-term upside.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 7, 2026
$754,300
Original listing
Agent: Tyson Lynch
Office: The Proper Nest Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/07/2026 | 🏠 Listed for Sale | $754,300 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,689 | $643,200 |
Financial Details
Annual Property Tax
$6,689
Tax Year 2026
Assessed Value
$643,200
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1930
Living Area
2,547 sq ft
Lot Size
0.11 acres
Bedrooms
4
Full Baths
2
Total Rooms
10
Investment Metrics
Units
2
Unit 1 Rent
$1,955/mo · Y
Unit 2 Rent
— · N
Total Monthly Rent
$1,955/mo
Gross Income
$23,460
Net Operating Income
$23,460
Cap Rate
3.11%
Interior
Heating
Steam, Natural Gas
Cooling
None
Flooring
Wood, Carpet, Varies, Hardwood
Appliances
Range, Refrigerator
Fireplace
None
Basement
Full, Partially Finished, Bulkhead
Laundry
None
Features
Living Room, Dining Room, Kitchen, Family Room, Sunroom
Exterior
Construction
None
Architecture
None
Roof
None
Features
Garden
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Tandem, Paved
Total Spaces
4
Utilities
Electric
Fuses
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$6,689
Assessed Value
$643,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Sold As-is; No Seller Knowledge Of Condition. Suspected Mold In Basement Bath, Suspected Asbestos Pipe Insulation, Possible Knob-and-tube Wiring, And Fuse-type Electrical Panels Noted. Buyer To Independently Inspect And Verify All Conditions. Unit 1 Photos Taken In Early 2026 Prior To Tenant Move In
Exclusions
Tenants Personal Property.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Brown
Sq Ft Source
Public Record
Sq Ft Disclosures
There is finished space and half bathroom in the basement.
Documents
None
County
Essex
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1930
Bedrooms
4
Full Bathrooms
2
Living Area
2,547 sq ft
Total Rooms
10
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,275 sq ft above grade
272 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Carpet, Varies, Hardwood
Appliances:
Range, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen, Family Room, Sunroom
Windows:
Basement:
Full, Partially Finished, Bulkhead
Laundry:
Security:
Construction & Materials
Year Built:
1930
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
2
Heating, Cooling & Utilities
Heating:
Steam, Natural Gas
Heating Zones:
2
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Garden
Patio & Porch:
Porch
Fencing:
Fenced
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Tandem, Paved
Nearby Schools
School information not available for this location.
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
$557
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
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.
Location
Loading map...
Neighborhood
147-149 Oakland Ave, Methuen MA 01844
Methuen, MA 01844
Listing Information
Listing Agent
Tyson Lynch
Listing Office
The Proper Nest Real Estate
Office Phone
781-797-4020
Agent MLS ID
CT005972
Office MLS ID
AN7859
Listing Data Updated
Aug 7, 2026 6:55 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Methuen.