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For sale
  • Price cut: $10K (10/14)
    $589,900

    48 Union St, Lawrence, MA 01840

    4beds
    2,048sqft
    : 
    $3,891/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $589,000 Zestimate®
    $288/sqft
    $-- HOA

    What's special

    Welcome to 48 Union Street, a townhome-style two-family property featuring an up-and-down duplex configuration in the heart of Lawrence. Offering two separate residences under one roof, this property provides flexibility for an owner-occupant looking to offset monthly expenses with rental income, an investor seeking a centrally located multifamily asset or buyers in need of independent living spaces. Each unit enjoys its own private living area, creating separation and versatility for a variety of ownership strategies. The property is conveniently positioned near Lawrence-area hospitals, medical offices and healthcare facilities, while also providing easy access to downtown amenities, shopping, dining, public transportation and everyday necessities. With its adaptable layout, central location and income-producing potential, 48 Union Street presents an exciting opportunity to own a multifamily property in one of Lawrence’s most accessible areas.
    37 days
    607
    25

    Zillow last checked:

    Listing updated:

    Listed by:

    We Close Deals Team 508-612-0821,

    Lamacchia Realty, Inc. 508-832-5324,

    Benjamin Carbone 860-382-6184

    Source: MLS PIN,MLS#: 73581570

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,048
      • Total interior livable area: 2,048 sqft
      • Finished area above ground: 2,048

      Property

      Parking
      • Total spaces: 2
      • Uncovered spaces: 2
      Features
      • Has view: Yes
      • View description: City View(s)
      Lot
      • Size: 2,026 Square Feet
      Details
      • Parcel number: M:0087 B:0000 L:0027,4202760
      • Zoning: B2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Brick/Mortar
      Condition
      • Year built: 1900

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Lawrence

      Financial & listing details

      • Price per square foot: $288/sqft
      • Tax assessed value: $564,400
      • Annual tax amount: $4,876
      • Date on market: 9/23/2026
      • Total actual rent: 4680

        Estimated market value

        $589,000

        $560,000 - $618,000

        $2,699/mo

        Price history

        DateEventPrice
        10/14/2026Price change$589,900-1.7%$288/sqft
        Source: MLS PIN #73581570 Report a problem
        9/23/2026Listed for sale$599,900+46.3%$293/sqft
        Source: MLS PIN #73581570 Report a problem
        3/5/2021Sold$410,000+7.9%$200/sqft
        Source: Public Record Report a problem
        2/7/2021Pending sale$379,900$185/sqft
        Source: MLS PIN #72775769 Report a problem
        1/27/2021Contingent$379,900$185/sqft
        Source: MLS PIN #72775769 Report a problem
        1/17/2021Listed for sale$379,900+43.4%$185/sqft
        Source: MLS PIN #72775769 Report a problem
        5/23/2017Sold$265,000+1.9%$129/sqft
        Source: Public Record Report a problem
        4/1/2017Pending sale$260,000$127/sqft
        Source: Keller Williams - Nashua #72136777 Report a problem
        3/28/2017Listed for sale$260,000-1.5%$127/sqft
        Source: Keller Williams Realty #72136777 Report a problem
        11/30/2016Listing removed$263,900$129/sqft
        Source: Keller Williams - Nashua #4474215 Report a problem
        9/8/2016Price change$263,900-2.2%$129/sqft
        Source: Keller Williams - Nashua #4474215 Report a problem
        8/3/2016Price change$269,900-1.8%$132/sqft
        Source: Keller Williams - Nashua #4474215 Report a problem
        7/6/2016Price change$274,900-3.5%$134/sqft
        Source: Keller Williams - Nashua #4474215 Report a problem
        6/15/2016Listed for sale$284,900$139/sqft
        Source: Keller Williams Realty #71966805 Report a problem
        3/25/2016Listing removed$284,900$139/sqft
        Source: Keller Williams - Nashua #4474215 Report a problem
        3/3/2016Listed for sale$284,900+22692%$139/sqft
        Source: Keller Williams Realty #71966805 Report a problem
        2/5/2015Sold$1,250-99.2%$1/sqft
        Source: Agent Provided Report a problem
        10/17/2005Sold$160,000+190.9%$78/sqft
        Source: Public Record Report a problem
        7/27/2000Sold$55,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,615 +15.8%$524,400 +21.7%
        2024$3,987 -5.9%$431,000 +3.3%
        2023$4,238 $417,100
        2022$4,238 +11.1%$417,100 +34.1%
        2021$3,816 +3.3%$311,000 +4.6%
        2020$3,695 +6.9%$297,300 +17.7%
        2019$3,456 +7%$252,600 +12%
        2018$3,231 +6.7%$225,600 +14.3%
        2017$3,027 +2.8%$197,300 +3.9%
        2016$2,945 +4.3%$189,900 +1.7%
        2015$2,824 +7.1%$186,800 +10.6%
        2014$2,637 +11.7%$168,900 +7.9%
        2013$2,360 +9%$156,500 +3.3%
        2012$2,165 +3.8%$151,500 -2.3%
        2011$2,085 -10.6%$155,000 -16.4%
        2010$2,332 -8.3%$185,500 -21.9%
        2009$2,542 +0.4%$237,600 -6%
        2008$2,532 +12%$252,900 +3.3%
        2007$2,260 +11.1%$244,900 +6.6%
        2006$2,035 +11.8%$229,700 +22.4%
        2005$1,820 +37.7%$187,600 +70.9%
        2004$1,322 -0.2%$109,800
        2003$1,325 +45%$109,800 +86.7%
        2002$914 -0.8%$58,800
        2000$921 +7.2%$58,800 +32.3%
        1997$859 $44,450
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 01840

        Getting around

        92 / 100
        Walker's Paradise
        46 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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