OFF MARKET

Off market jan 2022 for $640K

—

Est. refi paymentEst. refi $2,032/mo

•

2,623

sq ft

198 Prospect St, Lawrence, MA 01841

About this home

Welcome to your next home or investment property! This 2 Family home operates as much much more. This home was renovated completely due to fire in 2010 and offers a finished attic, finished basement, private deck for each floor, off street parking, and a fenced in yard. Due to complete renovations roof is from 2010, forced hot air heating system also from 2010 along with tankless water heaters one installed 2010 and the other in 2018. Mini splits air conditioning installed in 1st floor apartment and basement addition. Coin operated washer and dryer in basement brings in extra income! home is in great condition and all units hold great long term tenants. schedule your appointment for the open house today! Offers due by 5pm Monday 12/06/2021

Multi-familyProperty Type

1927Year Built

4,370 sq ftLot Size

$244Price/Sq.Ft.

4 spacesParking

Listed by Rachel De La Cruz • Edward Perez

Bought with Katherine Lopez-Arias • Edward Perez

Redfin checked: a minute ago

•Source:MLS PIN #72923829

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 01841, MA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.5%

+0.8% MoM

Median sale price

$600K

$65K MoM

Avg. days on market

22d

2 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 8 HRS AGO
$640,000
5 beds3 baths2,360 sq ft
160 Walnut St, Lawrence, MA 01841
3D WALKTHROUGH
$463,000
2 beds1 bath1,740 sq ft
16 E Pleasant St, Lawrence, MA 01841
$549,900
3 beds1 bath1,336 sq ft
161 Olive Ave, Lawrence, MA 01841
$970,000
9 beds3 baths4,608 sq ft
903-905 Essex St, Lawrence, MA 01841
$328,877
3 beds1 bath1,482 sq ft
12 Center St, Lawrence, MA 01841
$775,000
7 beds3 baths2,700 sq ft
72 Byron Ave, Lawrence, MA 01841
See all

Provided by Redfin

Sale history for 198 Prospect St

Date

Event

Price

MLS PIN #72923829

Jan 21, 2022

Sold

$640,000

$244/sq ft

Nov 30, 2021

Listed

$574,999

$219/sq ft

MLS PIN #70917519

Jun 25, 2009

Listing Removed

—

Jun 18, 2009

Sold

$65,000

$25/sq ft

Jun 4, 2009

Contingent

—

May 12, 2009

Listed

$49,900

$19/sq ft

Public Records

May 2, 2007

Sold

$270,000

$103/sq ft

MLS PIN #70228192

Sep 28, 2005

Sold

$210,000

$80/sq ft

Aug 31, 2005

Listing Removed

—

Jul 20, 2005

Listed

$199,900

$76/sq ft

NEEDS TO GO!! Mint condition, well cared for single family in Prospect Hill area, this property 7/3/1.5 features tiled floors, a deck, spacious rooms, sliding rear doors, and more; It has easy access to shopping, parks, a public pool, highways, schools (public and private), etc...Come see this beautiful home, IT'S PRICED TO SELL, THE SELLER IS VERY MOTIVATED AND IS CONSIDERING ALL REASONABLE OFFERS.

MLS PIN #16109967

Nov 14, 1994

Sold

$19,000

$7/sq ft

Mar 23, 1994

Listing Removed

—

Feb 23, 1994

Listed

$24,500

$9/sq ft

Public Records

Jun 18, 1993

Sold

$121,624

$46/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$5,511 (+11.0%)

$108,400 + $434,000

$542,400

2022

$4,965 (+2.5%)

$102,200 + $331,800

$434,000

2021

$4,845 (+3.2%)

$102,200 + $292,700

$394,900

2020

$4,695 (+3.3%)

$85,200 + $292,500

$377,700

2019

$4,547 (+51.2%)

$63,300 + $269,100

$332,400

2018

$3,007 (+10.6%)

$57,300 + $152,700

$210,000

2017

$2,720 (−21.3%)

$54,400 + $122,900

$177,300

2016

$3,456 (+21.3%)

$42,400 + $180,400

$222,800

2015

$2,849 (+2.3%)

$42,400 + $146,000

$188,400

2014

$2,786 (+3.5%)

$38,700 + $139,800

$178,500

2013

$2,692 (−2.3%)

$38,700 + $139,800

$178,500

2012

$2,755 (+12.0%)

$48,400 + $144,400

$192,800

2011

$2,459

$57,800 + $125,000

$182,800

2010

$2,459 (+8.6%)

$57,800 + $125,000

$182,800

2009

$2,265

$76,500 + $135,200

$211,700

Tax history for 198 Prospect St

Year

Property tax

Land + Additions

Assessment*

2023

$5,511 (+11.0%)

$108,400 + $434,000

$542,400

2022

$4,965 (+2.5%)

$102,200 + $331,800

$434,000

2021

$4,845 (+3.2%)

$102,200 + $292,700

$394,900

2020

$4,695 (+3.3%)

$85,200 + $292,500

$377,700

2019

$4,547 (+51.2%)

$63,300 + $269,100

$332,400

2018

$3,007 (+10.6%)

$57,300 + $152,700

$210,000

2017

$2,720 (−21.3%)

$54,400 + $122,900

$177,300

2016

$3,456 (+21.3%)

$42,400 + $180,400

$222,800

2015

$2,849 (+2.3%)

$42,400 + $146,000

$188,400

2014

$2,786 (+3.5%)

$38,700 + $139,800

$178,500

2013

$2,692 (−2.3%)

$38,700 + $139,800

$178,500

2012

$2,755 (+12.0%)

$48,400 + $144,400

$192,800

2011

$2,459

$57,800 + $125,000

$182,800

2010

$2,459 (+8.6%)

$57,800 + $125,000

$182,800

2009

$2,265

$76,500 + $135,200

$211,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,356 Sq. Ft.

Year renovated

—

Sq. Ft.

2,623

Year built

1927

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

4203047

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

R-2

Two-Family Residential District

To permit single and two family housing at a medium density; to ensure a safe and healthy living environment; and to ensure that other uses permitted within the districts are compatible with the single and two family uses. There shall be no more than 1 two-family dwelling per lot.

Permitted uses

Include but are not limited to:

Agriculture
Religious facility
Day care facility
Rehabilitation center
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Educational/school
Library

Property details

Parking

Parking Information
Parking Spaces: 4
Parking Features: Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 4

Basement Information
Basement: Full, Finished

Interior Features
# of Rooms (Total): 13
Interior Features: Living Room, Kitchen, Living RM/Dining RM Combo

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: Y

Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: Y

Exterior

Building Information
Building Area (Total): 2,623
Foundation Details: Stone
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Actual
Color: Beige

Exterior Features
Fencing: Fenced/Enclosed, Fenced
Roof: Shingle
Exterior Features: Balcony/Deck, Balcony, Fruit Trees

Property Information
PropertySubType: Multi Family

Lot Information
Lot Size (Acres): 0.1
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $4,845
Tax Year: 2021

Utilities

Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 200+ Amp Service

Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air, Natural Gas
Cooling: Ductless

Location

Location Information
Directions: Off of East Haverhill Street. Google maps
UnparsedAddress: 198 Prospect St, Lawrence MA 01841

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Walk/Jog Trails, Medical Facility, Highway Access, Public School

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,623
Stories: 3.0
Lot Size: 4,356 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1927
Year Renovated: —
County: Essex County
APN: 4203047

Home facts updated by county records on Jul 19, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Rollins Early Childhood Center

Public PreK-K • Assigned • 0.2mi

Parthum Middle School

Public 5-8 • Assigned • 0.6mi

6/10

Lawrence High School

Public 9-12 • Assigned • 1.7mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 98° expected this year, 16 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Lawrence, MA • 01841

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Work with an experienced agent and save on fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

NEW 8 HRS AGO

$640,000

5 beds3 baths2,360 sq ft

160 Walnut St, Lawrence, MA 01841

2 family property • Large eat in kitchen • Full basement

$899,900

4 beds3.5 baths3,391 sq ft

90-92 East St, Methuen, MA 01844

Eat-in kitchen • Stainless appliances • Cathedral ceiling

$720,000

7 beds2 baths3,424 sq ft

30-32 Washington St, Lawrence, MA 01841

Updated bathrooms • Cable ready • Fenced-in backyard

$1,235,000

12 beds4 baths4,678 sq ft

172-174 Park St, Lawrence, MA 01841

Off street parking • Storage shed • Garden area

$690,000

4 beds2 baths1,464 sq ft

48 Washington St, Lawrence, MA 01841

Two-family home • Spacious driveway • Backyard

$875,000

9 beds3 baths3,655 sq ft

42 Summer St, Lawrence, MA 01840

Updated kitchens • Updated bathrooms • Modern flooring

New listings for sale in 01841

NEW 8 HRS AGO

$640,000

5 beds3 baths2,360 sq ft

160 Walnut St, Lawrence, MA 01841

2 family property • Large eat in kitchen • Full basement

3D WALKTHROUGH

$463,000

2 beds1 bath1,740 sq ft

16 E Pleasant St, Lawrence, MA 01841

Brick archways • Broad front windows • Window over the sink

$549,900

3 beds1 bath1,336 sq ft

161 Olive Ave, Lawrence, MA 01841

Hardwood flooring • Updated kitchen • Stone countertops

$970,000

9 beds3 baths4,608 sq ft

903-905 Essex St, Lawrence, MA 01841

Enclosed porch • Vinyl siding • Hot water heaters

$328,877

3 beds1 bath1,482 sq ft

12 Center St, Lawrence, MA 01841

3,200 sq ft lot • 3 parking spots • Built 1910

$775,000

7 beds3 baths2,700 sq ft

72 Byron Ave, Lawrence, MA 01841

Attached garage • Welcoming porch • 4 parking spots

Home values near 198 Prospect St

Data from public records.

Address	Redfin Estimate
180 Prospect Street, Lawrence, MA 10 Beds \| 3 Baths \| 3496 Sq. Ft.	$1,082,815
194 Prospect Street, Lawrence, MA 3 Beds \| 2 Baths \| 1624 Sq. Ft.	—

Address	Redfin Estimate
188 Prospect Street, Lawrence, MA 6 Beds \| 3 Baths \| 2304 Sq. Ft.	$825,325
202-206 Prospect Street, Lawrence, MA 6 Beds \| 3 Baths \| 1435 Sq. Ft.	$668,785

Address	Redfin Estimate
192 Prospect Street, Lawrence, MA 4 Beds \| 1 Baths \| 1341 Sq. Ft.	$339,962
210 Prospect Street, Lawrence, MA 8 Beds \| 4 Baths \| 3264 Sq. Ft.	—

Property information provided by MLS PIN when last listed in 2021. This data may not match . Learn more.

More real estate resources

Cities
Neighborhoods
Minor Civil Divisions
Zip Codes
Popular Searches

Melrose homes for sale
Arlington homes for sale
Lexington homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Atkinson homes for sale
Bedford homes for sale
Pelham homes for sale
Windham homes for sale
Merrimack homes for sale

01845 homes for sale
01810 homes for sale
01841 homes for sale
01843 homes for sale
01844 homes for sale

Houses for rent in Lawrence	Agents near me	Quincy, MA homes for sale	Lawrence Housing Market
Houses for sale near me	Boston, MA homes for sale	Brookline, MA homes for sale
Land for sale near me	Newton, MA homes for sale	Arlington, MA homes for sale
Open Houses near me	Cambridge, MA homes for sale	Lawrence Property Records
Condos for sale near me	Lexington, MA homes for sale	MA New Listings