147-149 Oakland Ave, Methuen MA 01844
Methuen, MA 01844
$754,300
$717,900
Est. $4,388/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
12
Sep
Saturday, September 12
12:00 PM - 1:30 PM EDT
About this home
Original patterned hardwood floors, columned room dividers with built-in cabinetry, deep pantries, and an eat-in kitchen with gas cooking. This 1930 two-family near downtown Methuen still showcases its period character. The vacant second-floor unit is open and ready to be your home. The first floor is leased through February 2027 at $1,955 a month, professionally managed, with the tenant covering their own utilities, so the income is in place from day one. Each unit has its own steam heat and hot water. Full basement for laundry and storage, a paved driveway, and a fenced yard with a patio out back. old as-is. Priced to reflect its condition, with room for an owner-occupant to build equity over time. Conveniently located minutes to 93 and 495.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
4.8%
Price Range
Property Timeline
Price Reduced
Sep 9, 2026
$717,900
$36,400
(-4.83%)
From $754,300 to $717,900 (-4.8%)
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 |
|---|---|---|---|---|---|
| 09/09/2026 | ↓ Price Reduced | $717,900 | $36,400 | - | From $754,300 to $717,900 (-4.8%) |
| 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
Stories
2
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
3.27%
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
Lead Paint
Unknown
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
Total market time (incl. prior listings)
35 days
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
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
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 District
Methuen School District local
C-
School Safety
2024-25
4.6%
Above Average
4.4%
Suspensions
1.5%
In-School
0.2%
Emergency
0.9% below state avg
Elementary Schools
8 schools
The Islamic Academy
0.1 mi
Grades PK-08
St. Monica Elementary School
0.8 mi
Grades K-08
Saint Ann's Home School
1.0 mi
Grades K-12
C
Tenney Grammar School
1.2 mi
|
#250 of 352
|
Score: 36.1
Improved 14 spots from last year
-22.1 below state avg
1,197 students
Moderate
Grades K-08
C-
Donald P Timony Grammar School
1.4 mi
|
#287 of 352
|
Score: 32.8
Improved 26 spots from last year
-25.4 below state avg
1,198 students
Diverse
Rising School
Grades K-08
B
Marsh Grammar School
2.0 mi
|
#158 of 352
|
Score: 43.9
Improved 14 spots from last year
-14.4 below state avg
981 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-08
C+
Comprehensive Grammar School
2.2 mi
|
#219 of 352
|
Score: 39.2
Improved 13 spots from last year
-19 below state avg
981 students
Diverse
Diverse Student Body
Grades K-08
Early Childhood Center
1.3 mi
147 students
Diverse
Grades PK-K
High Schools
3 schools
Presentation of Mary Academy
0.9 mi
Grades 09-12
Notre Dame Cristo Rey High School
0.9 mi
17 sports
• 423 athletes
Strong Athletics
Grades 09-11
C+
Methuen High School
1.5 mi
|
#218 of 346
|
Score: 50.6
Improved 35 spots from last year
-7.6 below state avg
1,751 students
Diverse
18 sports
• 1,820 athletes
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
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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
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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
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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
Sep 11, 2026 10:09 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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