INNOVATE Real Estate
Multi Family at 160 Walnut St, Lawrence
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13 photos

$640,000

Bedrooms
5
Bathrooms
3
Living area
2,360 sqft
Year built
1900
160 Walnut St
Lawrence, MA 01841
Listed by eXp Realty LLC

Highlights

Property type
Multi Family
Lot size
0.07 acres
Garage
1 space
On market
1 day

About this home

Incredible investment opportunity in Lawrence! This 2-family property offers tremendous potential for investors or buyers looking to build equity. Unit 1 features 2 spacious bedrooms and a large eat-in kitchen. Unit 2 spans two levels, offering 3 bedrooms and 2 full bathrooms. Additional potential for expansion and an ADU with full basement and detached Garage- subject to city approvals. An exceptional opportunity at an attractive entry price with plenty of upside! Property may not qualify for FHA or VA financing. Tenants in place, please do not disturb.

Property details

MLS
MLS Property Information Network
MLS #
73599042
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
1
On market date
November 4, 2026
Stories
3
Total bathrooms
3
Garage spaces
1
Parking spaces
6
Lot size
0.07 acres

Location

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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.

Elementary
John K Tarbox
0.04 mi away · Grades 1-5
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
274
Student:teacher ratio
10.5:1
District
Lawrence
Middle
Arlington Middle School
0.18 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
0.34 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 Lawrence'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).

81
Highly walkable
out of 100
EPA National Walkability Index
13.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies12

Market position

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

On the market 1 days -- 118 fewer days than Lawrence's current average of 119 days.
For reference, the median list price across 256 active listings in Lawrence right now is $150,000.

Mortgage calculator

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

Adjust tax / insurance estimates
Est. monthly payment
$4,004/mo
$128,000 down
$512,000 loan
Principal & interest$3,321
Property tax (est.)$533
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network. Last updated 12 hr 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.