Sold for $540,000

$540,000

1 River Pl #3, Methuen, MA 01844

4beds

1,604sqft

2 Family - 2 Units Up/Down

Built in 1900

-- sqft lot

$545,200 Zestimate^®

$337/sqft

$2,947 Estimated rent

Home value

$545,200

$496,000 - $600,000

$2,947/mo

Zestimate^® history

Owner options

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$2,947/mo

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$2,947/mo

Rent Zestimate^®

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$3,589/mo

Est. payment

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$3,589/mo

Est. payment

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What's special

Exceptional Two-Family Opportunity in Methuen! Nestled at the end of a tranquil dead-end street, this versatile residence offers:Spacious Front Yard perfect for outdoor entertaining or quiet relaxationFully Restored Detached Garage with abundant storage or workshop potentialFlexible Layout—currently enjoyed as a single-family home but easily converted back into two separate units for rental income or multi-generational living. Don’t miss out on this unique offering—schedule your private showing today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Features

Flooring: Hardwood
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,604
Total interior livable area: 1,604 sqft
Finished area above ground: 1,604
Finished area below ground: 802

Property

Parking

Total spaces: 2
Parking features: Tandem
Uncovered spaces: 2

Features

Fencing: Fenced/Enclosed

Lot

Size: 5,249 Square Feet

Details

Parcel number: 2040766
Zoning: cbd

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 Family - 2 Units Up/Down

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Methuen

Financial & listing details

Price per square foot: $337/sqft
Tax assessed value: $531,000
Annual tax amount: $5,618
Date on market: 9/3/2026
Total actual rent: 0

Price history

Date	Event	Price
8/6/2025	Sold	$540,000-6.1%$337/sqft
Source: MLS PIN #73388878 Report a problem
6/18/2025	Price change	$575,000-4.2%$358/sqft
Source: MLS PIN #73388878 Report a problem
6/11/2025	Listed for sale	$599,999+64.4%$374/sqft
Source: MLS PIN #73388878 Report a problem
12/6/2019	Sold	$365,000+151.7%$228/sqft
Source: Public Record Report a problem
3/31/2010	Sold	$145,000$90/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,618 +10.5%	$531,000 +13.4%
2024	$5,085 +2.9%	$468,200 +10.8%
2023	$4,944	$422,600
2022	$4,944 +14.2%	$422,600 +28.8%
2021	$4,328 +3.5%	$328,100 +5.4%
2020	$4,183 +8.3%	$311,200 +14.4%
2019	$3,861 +7.2%	$272,100 +7.8%
2018	$3,603 +3.8%	$252,500 +6.5%
2017	$3,472 +8.6%	$237,000 +9.8%
2016	$3,196 +4.1%	$215,800 +2.7%
2015	$3,069 +14.7%	$210,200 +16.6%
2014	$2,676 +4.4%	$180,200 +1.3%
2013	$2,562 +1.3%	$177,900 -8.3%
2012	$2,530 +3%	$194,000 +0.2%
2011	$2,457 -0.8%	$193,600 -7.3%
2010	$2,478 -5.4%	$208,900 -13.8%
2009	$2,619 -4%	$242,300 -8.9%
2008	$2,727 +6.2%	$266,000
2007	$2,567	$266,000