3 Family - 3 Units Up/Down at 187 Varnum Ave, Lowell MA 01854, Lowell
3 Family - 3 Units Up/Down at 187 Varnum Ave, Lowell MA 01854, Lowell, photo 2 of 6
3 Family - 3 Units Up/Down at 187 Varnum Ave, Lowell MA 01854, Lowell, photo 3 of 6
3 Family - 3 Units Up/Down at 187 Varnum Ave, Lowell MA 01854, Lowell, photo 4 of 6
3 Family - 3 Units Up/Down at 187 Varnum Ave, Lowell MA 01854, Lowell, photo 5 of 6
3 Family - 3 Units Up/Down at 187 Varnum Ave, Lowell MA 01854, Lowell, photo 6 of 6
6 photos

$1,400,000

187 Varnum Ave, Lowell MA 01854
Lowell, MA 01854
Listed by Adam Dowling
Bedrooms
7
Bathrooms
5
Living area
5,507 sqft
Year built
1900

About this home

Contractor/Investor Special- 5,500 sq ft Victorian with river views. Gutted to the studs and approved for a 3 family with an attached ADU. This stately property offers the opportunity to blend historic character with modern redevelopment. Brand new roof, new HVAC, and updated framing already completed. Approved layouts include a one bedroom, two bedroom, and three bedroom unit, plus an ADU attached to the three bedroom unit. Large, sun filled rooms, beautiful architectural detail, and dedicated parking for each unit. Significant work completed, but project still needs finishing. Ideal for investor, contractor, or possible condo conversion. Rare chance to transform one of Lowell’s architectural gems.

Highlights

WaterfrontFireplace

Property details

MLS #
73484343
Property type
3 Family - 3 Units Up/Down
Subdivision
N/A
Status
Active
Days on market
213
On market date
March 9, 2026
Stories
5
Total bathrooms
5
Garage spaces
N/A
Parking spaces
6
Lot size
0.3 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Joseph McAvinnue
0.34 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
444
Student:teacher ratio
12.0:1
District
Lowell
Middle
Dr An Wang School
0.63 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
665
Student:teacher ratio
15.1:1
District
Lowell
High
The Career Academy
1.2 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
97
Student:teacher ratio
10.8:1
District
Lowell

Walkability

Blended score for Lowell's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

69
Walkable
out of 100
EPA National Walkability Index
10.2 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks16
Schools7
Transit stops20
Pharmacies2

Market position

How this listing compares to current activity in Lowell, from live MLS data.

On the market 213 days -- 125 more days than Lowell's current average of 88 days.
For reference, the median list price across 578 active listings in Lowell right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$8,581/mo
$280,000 down
$1,120,000 loan
Principal & interest$7,264
Property tax (est.)$1,167
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.