Active
37 Days on market
147-149 Oakland Ave Methuen — Photo 1 of 27

147-149 Oakland Ave Methuen — Photo 1 of 27

Recent Drop: $36,400

$754,300
$717,900

$717,900

147-149 Oakland Ave, Methuen, MA 01844

Methuen, MA 01844

Beds

4

Baths

2

SqFt

2,547

Style

Multi Family

Built

1930

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.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$282/sqft
Local Avg (Methuen)$320/sqft
12% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Methuen, MA.

Property Details

Financials

Original Price$754,300
Annual Taxes$6,689

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
FireplacesNone
FlooringWood, Carpet, Varies, Hardwood
BasementFull, Partially Finished, Bulkhead

Climate & Utilities

HeatingSteam, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningRG

Property & Lot

Acres0.11
SqFt Lot5,001
Lot FeaturesLevel

Amenities & Appliances

Range • Refrigerator

Neighborhood

Highway Access • Public School

Geography

Property History

Price Drop
$717,900

Was $754,300

Sep 9, 2026

MLS® 73560944

Listed
$754,300

Aug 7, 2026

MLS® 73560944

Population

53,420

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$113K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

27.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Tyson Lynch

Listing Office: The Proper Nest Real Estate

MLS® Number: 73560944

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