Multi Family at 147-149 Oakland Ave, Methuen MA 01844, Methuen
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27 photos

$717,900

147-149 Oakland Ave, Methuen MA 01844
Methuen, MA 01844
Listed by Tyson Lynch
Bedrooms
4
Bathrooms
2
Living area
2,547 sqft
Year built
1930

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.

Property details

MLS #
73560944
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
62
On market date
August 7, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
4
Lot size
0.11 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
Community Day Arlington
1.07 mi away · Grades 0-4
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
564
Student:teacher ratio
9.4:1
District
Lawrence
Middle
Arlington Middle School
1.07 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
563
Student:teacher ratio
12.5:1
District
Lawrence
High
RISE Academy
0.99 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
79
Student:teacher ratio
7.9:1
District
Lawrence

Walkability

Blended score for Methuen'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).

86
Highly walkable
out of 100
EPA National Walkability Index
15.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores16
Parks13
Schools17
Transit stops20
Pharmacies4

Market position

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

On the market 62 days -- 43 fewer days than Methuen's current average of 105 days.
For reference, the median list price across 233 active listings in Methuen right now is $589,900.

Mortgage calculator

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

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Est. monthly payment
$4,473/mo
$143,580 down
$574,320 loan
Principal & interest$3,725
Property tax (est.)$598
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 26 days ago.

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.