5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 2 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 3 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 4 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 5 of 42
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5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 7 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 8 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 9 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 10 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 11 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 12 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 13 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 14 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 15 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 16 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 17 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 18 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 19 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 20 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 21 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 22 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 23 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 24 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 25 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 26 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 27 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 28 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 29 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 30 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 31 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 32 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 33 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 34 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 35 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 36 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 37 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 38 of 42
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5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 41 of 42
5+ Family - 5+ Units Up/Down at 40-44 Forest St, Methuen MA 01844, Methuen, photo 42 of 42
42 photos

$1,200,000

40-44 Forest St, Methuen MA 01844
Methuen, MA 01844
Listed by Pam Cail
Bedrooms
11
Bathrooms
5.5
Living area
5,306 sqft
Year built
1890

About this home

PRIME METHUEN MULTIFAMILY INVESTMENT OPPORTUNITY! Discover this exceptional five-unit property ideally located near major highways, shopping, and everyday amenities. Each unit was thoughtfully renovated before tenant occupancy, featuring updated finishes, stainless steel appliances, and granite countertops. This property offers dedicated off-street parking lot for tenant convenience, while separately metered heat and electricity help support efficient ownership and operating expenses. A rare opportunity to acquire a well-positioned, income-producing asset in a desirable Methuen location. Buyer and Buyer's agent to conduct their own due diligence and verify all information associated with the property. Offer Deadline: Seller is asking for all offers by Monday 09/07/2026 by 3:00pm

Property details

MLS #
73569939
Property type
5+ Family - 5+ Units Up/Down
Subdivision
N/A
Status
Active
Days on market
39
On market date
August 30, 2026
Stories
7
Total bathrooms
5.5
Garage spaces
N/A
Parking spaces
13
Lot size
0.53 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
Lawrence Family Public Academy
1.31 mi away · Grades -1-0
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
162
Student:teacher ratio
11.6:1
District
Lawrence
Middle
Alexander B Bruce
1.38 mi away · Grades 3-8
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
451
Student:teacher ratio
10.0:1
District
Lawrence
High
Gr Lawrence Regional Vocational Technical
1.36 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
1,655
Student:teacher ratio
11.3:1
District
Greater Lawrence Regional Vocational Technical

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).

52
Somewhat walkable
out of 100
EPA National Walkability Index
11.5 / 20 -- Above average walkable
Google Places amenity density
43 / 100
Restaurants & cafes7
Grocery stores0
Parks1
Schools1
Transit stops3
Pharmacies1

Market position

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

On the market 39 days -- 66 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
$7,377/mo
$240,000 down
$960,000 loan
Principal & interest$6,227
Property tax (est.)$1,000
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 6, 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.