For sale

Price cut: $9.9K (9/18)

$690,000

48 Washington St, Lawrence, MA 01841

4beds

1,464sqft

$4,592/mo

Get pre-qualified

Multi Family

Built in 1900

-- sqft lot

$696,300 Zestimate^®

$471/sqft

$-- HOA

What's special

Welcome to 48 Washington St., a charming two-family home offering a great opportunity for both owner-occupants and investors. This property features a total of 4 bedrooms and 2 full bathrooms, with comfortable living space across both units. Enjoy a spacious driveway with parking for up to 6 vehicles, a backyard perfect for outdoor gatherings, and a full basement with interior and walk-out access offering additional storage and future possibilities.Whether you're looking to live in one unit while generating rental income from the other or add another multi-family property to your investment portfolio, this home offers flexibility and strong potential. Conveniently located in Lawrence with easy access to shopping, schools, public transportation, and major routes. Don't miss the opportunity to make this two-family home yours.

39 days
666
36

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Baseboard, Natural Gas, Individual, Unit Control

Cooling

None

Appliances

Included: Range, Refrigerator

Features

Pantry, Stone/Granite/Solid Counters, Bathroom With Tub, Living Room, Dining Room, Kitchen
Flooring: Laminate
Basement: Full,Interior Entry,Bulkhead,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,464
Total interior livable area: 1,464 sqft
Finished area above ground: 1,464

Property

Parking

Total spaces: 6
Parking features: Paved Drive, Off Street
Uncovered spaces: 6

Features

Patio & porch: Porch
Fencing: Fenced

Lot

Size: 4,300 Square Feet

Details

Parcel number: M:0191 B:0000 L:0117,4210574
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Green energy

Energy efficient items: Other (See Remarks)

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Highway Access, Public School

Location

Region: Lawrence

Financial & listing details

Price per square foot: $471/sqft
Tax assessed value: $412,600
Annual tax amount: $3,565
Date on market: 8/31/2026
Total actual rent: 0

Estimated market value

$696,300

$661,000 - $731,000

$2,778/mo

Price history

Date	Event	Price
9/18/2026	Price change	$690,000-1.4%$471/sqft
Source: MLS PIN #73567213 Report a problem
8/24/2026	Listed for sale	$699,900+28.2%$478/sqft
Source: MLS PIN #73567213 Report a problem
9/2/2022	Sold	$546,000+18.7%$373/sqft
Source: MLS PIN #73013085 Report a problem
7/21/2022	Contingent	$459,900$314/sqft
Source: MLS PIN #73013085 Report a problem
7/15/2022	Listed for sale	$459,900+66.6%$314/sqft
Source: MLS PIN #73013085 Report a problem
4/20/2022	Sold	$276,000$189/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,404 +7.9%	$386,800 +13.4%
2024	$3,156 -5.9%	$341,200 +3.4%
2023	$3,353	$330,000
2022	$3,353 +9.3%	$330,000 +32%
2021	$3,068 +6%	$250,000 +7.3%
2020	$2,895 +7.4%	$232,900 +18.2%
2019	$2,696 +7.9%	$197,100 +13%
2018	$2,499 +5.4%	$174,500 +12.9%
2017	$2,370 +6.1%	$154,500 +7.3%
2016	$2,233 +4%	$144,000 +1.4%
2015	$2,147 +8.1%	$142,000 +11.6%
2014	$1,986 +10.6%	$127,200 +6.8%
2013	$1,796 +4.5%	$119,100 -0.9%
2012	$1,718 +4.2%	$120,200 -1.9%
2011	$1,648 -13.4%	$122,500 -19.1%
2010	$1,903 -5.4%	$151,400 -19.4%
2009	$2,011 -0.9%	$187,900 -7.3%
2008	$2,029 +11.2%	$202,700 +2.6%
2007	$1,824 +12%	$197,600 +7.4%
2006	$1,629 +11%	$183,900 +21.5%
2005	$1,468 +38.8%	$151,300 +72.1%
2004	$1,058 -0.3%	$87,900
2003	$1,061 +46.5%	$87,900 +88.6%
2002	$724 -0.1%	$46,600 +0.6%
2000	$725 +33.8%	$46,300 +65%
1997	$542	$28,060