Rare two-family investment opportunity in the heart of Wakefield! This multi-family home is ideal for an owner-occupant, multigenerational living, or an investor seeking rental income near Boston. Just a short walk to the Wakefield commuter rail station, downtown Wakefield shops and restaurants, and scenic Lake Quannapowitt.Recent upgrades add value and peace of mind: new windows (2022), Unit 2 heating conversion from oil to gas, a fully remodeled bathroom in Unit 1, and a new vinyl fence. The fully fenced yard and private deck off Unit 1 create excellent outdoor space for entertaining or tenants alike.
For sale
Price cut: $40.9K (7/22)
$899,000
20 Otis St, Wakefield, MA 01880
3beds
2,858sqft
Multi Family
Built in 1800
-- sqft lot
$878,300 Zestimate®
$315/sqft
$-- HOA
What's special
Fully fenced yardNew vinyl fence
- 40 days |
- 1,346 |
- 77 |
Zillow last checked:
Listing updated:
Listed by:
Tzortzis Lane Group 603-459-9632,
Coldwell Banker Realty - Ipswich 603-334-1900,
Kayla Gulizia 774-454-3402
Source: MLS PIN,MLS#: 73546627
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil, Natural Gas
Appliances
- Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Laundry: Gas Dryer Hookup, Electric Dryer Hookup
Features
- Ceiling Fan(s), Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
- Flooring: Wood, Tile, Carpet
- Basement: Full,Partially Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,858
- Total interior livable area: 2,858 sqft
- Finished area above ground: 2,858
Property
Parking
- Total spaces: 3
- Parking features: Paved Drive, Off Street, Tandem
- Uncovered spaces: 3
Features
- Patio & porch: Deck - Wood
- Exterior features: Balcony/Deck
- Fencing: Fenced/Enclosed
Lot
- Size: 4,748 Square Feet
Details
- Parcel number: M:000017 B:0031 P:000181,818366
- Zoning: GR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1800
Utilities & green energy
- Electric: 100 Amp Service, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Highway Access
Location
- Region: Wakefield
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $697,000
- Annual tax amount: $7,911
- Date on market: 7/8/2026
- Total actual rent: 4500
Estimated market value
$878,300
$834,000 - $922,000
$3,513/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Price change | $899,000-4.4%$315/sqft |
Source: MLS PIN #73546627 Report a problem | ||
| 7/8/2026 | Listed for sale | $939,900+56.6%$329/sqft |
Source: MLS PIN #73546627 Report a problem | ||
| 9/30/2020 | Sold | $600,000+5.3%$210/sqft |
Source: Public Record Report a problem | ||
| 8/12/2020 | Pending sale | $569,900$199/sqft |
Source: Assurance Real Estate, LLC #72701114 Report a problem | ||
| 7/30/2020 | Listed for sale | $569,900+60.5%$199/sqft |
Source: Assurance Real Estate, LLC #72701114 Report a problem | ||
| 8/1/2002 | Sold | $355,000+77.5%$124/sqft |
Source: Public Record Report a problem | ||
| 7/31/1998 | Sold | $200,000+70.2%$70/sqft |
Source: Public Record Report a problem | ||
| 9/4/1992 | Sold | $117,500-16.1%$41/sqft |
Source: Public Record Report a problem | ||
| 12/23/1991 | Sold | $140,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,911 +1.5% | $697,000 +0.6% |
| 2024 | $7,796 +5.2% | $693,000 +9.7% |
| 2023 | $7,412 +4.5% | $631,900 +9.8% |
| 2022 | $7,091 +4.2% | $575,600 +7.7% |
| 2021 | $6,802 +6.6% | $534,300 +7% |
| 2020 | $6,379 +4.7% | $499,500 +5.2% |
| 2019 | $6,093 +7.4% | $474,900 +8.4% |
| 2018 | $5,673 +6.3% | $438,100 +7% |
| 2017 | $5,336 +8.4% | $409,500 +12.2% |
| 2016 | $4,923 +7.1% | $364,900 +7% |
| 2015 | $4,597 +9.7% | $341,000 +4% |
| 2014 | $4,191 +4% | $327,900 |
| 2013 | $4,030 +1.5% | $327,900 -1.7% |
| 2012 | $3,970 +3.8% | $333,600 |
| 2011 | $3,823 +3% | $333,600 -2.2% |
| 2010 | $3,710 +1.6% | $341,000 -2.6% |
| 2009 | $3,651 -0.6% | $350,000 -8% |
| 2008 | $3,672 +4.5% | $380,500 +3.1% |
| 2007 | $3,515 +4.1% | $369,200 +1.5% |
| 2006 | $3,378 +10.1% | $363,600 +7.4% |
| 2005 | $3,067 +8.6% | $338,500 +36.7% |
| 2004 | $2,823 +3.1% | $247,600 |
| 2003 | $2,738 +3.6% | $247,600 |
| 2002 | $2,642 +8.9% | $247,600 +39.3% |
| 2000 | $2,426 +2.1% | $177,700 +4.8% |
| 1999 | $2,376 | $169,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01880
Nearby schools
GreatSchools rating
- 7/10Galvin Middle SchoolGrades: 5-8Distance: 0.4 mi
- 7/10Wakefield Memorial High SchoolGrades: 9-12Distance: 1 mi
- 7/10Woodville SchoolGrades: PK-4Distance: 1 mi
Schools provided by the listing agent
- Elementary: Dolbeare/Woodvi
- Middle: Galvin Middle
- High: Wakfield High
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $--1 bd1 ba900 sqft20 Otis St #1, Wakefield, MA 01880Off Market
- $973,8007 bd3 ba3k sqft14 Pleasant St, Wakefield, MA 01880Off Market
- $677,2003 bd1 ba1.2k sqft22 Otis St, Wakefield, MA 01880Off Market
- $892,3008 bd3 ba1.7k sqft10 Pleasant St, Wakefield, MA 01880Off Market
- $685,9002 bd1 ba900 sqft10 Pleasant St APT 1, Wakefield, MA 01880Off Market
- $750,0004 bd4 ba2.7k sqft26 Otis St, Wakefield, MA 01880Sold
- $726,2001 bd1 ba-- sqft26 Otis St #1, Wakefield, MA 01880Off Market
- $--4 bd2 ba-- sqft26 Otis St #2, Wakefield, MA 01880Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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