Great value! 2-Unit Multi-Family in Prime Methuen Location! Charming character and quality build of circa 1910, this 2,392 sq. ft. home offers TWO spacious garden-style units! Each unit has easy one floor living with 2 bedrooms, full bath, large living room, kitchen, dining area, and an enclosed sun porch. Set on a level lot in a lovely neighborhood near major highways, a vibrant downtown with restaurants and shops, and the NH border. Walk-up attic offers ample storage and expansion potential. Full unfinished basement provides laundry and walk-out access to the fenced backyard. Other features include vinyl siding, 1-car detached garage, off-street parking, and loads of natural light throughout. Pre-inspected for peace of mind. This is an exceptional opportunity for investment or owner-occupancy!
Closed
Listed by: Cameron Prestige, LLC • Tami J Mallett
Bought with: A Non PrimeMLS Office
$630,000
10-12 Peaslee Terrace, Methuen, MA 01844
4beds
2,392sqft
Multi Family
Built in 1910
-- sqft lot
$644,800 Zestimate®
$263/sqft
$2,841 Estimated rent
Home value
$644,800
$587,000 - $709,000
$2,841/mo
Zestimate® history
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List your homeWhat's special
Easy one floor livingFull unfinished basementEnclosed sun porchOff-street parkingLevel lotLoads of natural lightFenced backyard
Zillow last checked:
Listing updated:
Listed by:
Tami J Mallett,
Cameron Prestige, LLC 857-331-5127
Bought with:
A non PrimeMLS customer
A Non PrimeMLS Office
Source: PrimeMLS,MLS#: 5048456
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil, Steam
Cooling
- None
Features
- Flooring: Carpet, Hardwood
- Basement: Concrete,Concrete Floor,Full,Unfinished,Walkout,Interior Access,Exterior Entry,Walk-Out Access
Interior area
- Total structure area: 2,392
- Total interior livable area: 2,392 sqft
- Finished area above ground: 2,392
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Paved, Off Street, Parking Spaces 4
- Garage spaces: 1
Features
- Levels: Two
Lot
- Size: 4,792 Square Feet
- Features: Level
Details
- Parcel number: METHM00612B00124L00065
- Zoning description: RG
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Garden
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Methuen
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $650,000
- Annual tax amount: $6,877
- Date on market: 6/25/2025
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $630,000+9.6%$263/sqft |
Source:  PrimeMLS #5048456 Report a problem | ||
| 7/3/2025 | Contingent | $575,000$240/sqft |
Source: PrimeMLS #5048456 Report a problem | ||
| 6/25/2025 | Listed for sale | $575,000$240/sqft |
Source: PrimeMLS #5048456 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,877 +9.4% | $650,000 +12.3% |
| 2024 | $6,287 +2.2% | $578,900 +10.1% |
| 2023 | $6,153 | $525,900 |
| 2022 | $6,153 +16.1% | $525,900 +30.9% |
| 2021 | $5,298 +4.2% | $401,700 +6.2% |
| 2020 | $5,086 +8.4% | $378,400 +14.4% |
| 2019 | $4,693 +7.6% | $330,700 +8.2% |
| 2018 | $4,362 +1.5% | $305,700 +4.2% |
| 2017 | $4,297 +11.5% | $293,300 +12.7% |
| 2016 | $3,854 +4.6% | $260,200 +3.1% |
| 2015 | $3,685 +11.3% | $252,400 +13.2% |
| 2014 | $3,310 +4.9% | $222,900 +1.8% |
| 2013 | $3,154 +1% | $219,000 -8.6% |
| 2012 | $3,124 +6% | $239,600 +3.1% |
| 2011 | $2,948 -2.5% | $232,300 -8.9% |
| 2010 | $3,024 -7% | $255,000 -15.2% |
| 2009 | $3,251 -6.2% | $300,700 -11% |
| 2008 | $3,465 +6.2% | $338,000 |
| 2007 | $3,262 +4% | $338,000 |
| 2006 | $3,137 +12.3% | $338,000 +21.5% |
| 2005 | $2,793 +15.8% | $278,200 +35.4% |
| 2004 | $2,411 -0.1% | $205,500 |
| 2003 | $2,413 +9.4% | $205,500 +40.2% |
| 2001 | $2,206 -0.8% | $146,600 |
| 2000 | $2,224 -3.9% | $146,600 +42.5% |
| 1998 | $2,315 | $102,900 |
Find assessor info on the county website
Neighborhood: 01844
Nearby homes
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Nearby schools
GreatSchools rating
- 6/10Marsh Grammar SchoolGrades: K-8Distance: 2 mi
- 3/10Methuen High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Comprehensive Grammer School
- Middle: Marsh Grammer School
- High: Methuen High School
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$644,800
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Estimated market value
$644,800
- Massachusetts
- Essex County
- Methuen
- 01844
- 10-12 Peaslee Terrace
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