OFF MARKET

Off Market Jul 2023 for $791K

$869,302

•

3,264

sq ft

40-42 Riverside St, Lowell, MA 01854

About this home

This is the one you've been looking for! Fantastic opportunity for Owner Occupied or Investors to own this Multi-family home.Three units are vacant and one unit has a long term tenant at will. First floor consists of 3 units - a studio and two 1 bedroom apartments. The forth apartment is on the second floor which stretches front to back with four bedrooms and two balconies. Two sets of stairs will take you to the unfinished third floor, which has endless possibilities. This home is walking distance to UMass Lowell, centrally located to Lowell General Hospital, The Downtown area and the scenic Riverwalk. Don't miss your chance to own this solid investment property!

Multi-familyProperty Type

1880Year Built

4,887 sq ftLot Size

$266Est. Price/Sq.Ft.

5 spacesParking

Listed by Patricia Magalhaes • Settlers Realty Group, LLC

Bought with James Garcia • Coldwell Banker Realty - Waltham

Redfin checked: a few seconds ago

•Source:MLS PIN #73112925

Redfin Estimate

$869,302

$78K since sold in July 2023$0 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.3% higher than the average sale price ($850K) of 6 comparable homes.

SOLD AUG 27, 2026
$960,000
A
8 beds4 baths3,738 sq ft
165 University Ave, Lowell, MA 01854
SOLD MAR 24, 2026
$780,000
B
8 beds3 baths3,431 sq ft
63-65 Bowers St, Lowell, MA 01854
SOLD JUN 8, 2026
$790,000
C
6 beds4 baths2,900 sq ft
19 Oliver St, Lowell, MA 01954
SOLD MAR 30, 2026
$770,000
D
6 beds2 baths3,131 sq ft
15 Varney, Lowell, MA 01854
SOLD FEB 6, 2026
$1,010,000
E
10 beds4 baths3,232 sq ft
98 School St, Lowell, MA 01854
SOLD MAY 8, 2026
$787,000
F
8 beds3 baths3,467 sq ft
930 Lakeview, Lowell, MA 01850

Claim this home to receive a free report every month with insights on the changing estimate.

Market trends in 01854, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.5%

0.2% MoM

Median sale price

$466K

$16K MoM

Avg. days on market

23d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SAT, 1:30PM TO 3PM
$449,000
2 beds2 baths1,201 sq ft
527 Pawtucket Blvd #608, Lowell, MA 01854
OPEN SAT, 10AM TO 12PM
$589,900
3 beds2 baths1,592 sq ft
117 Lexington Ave, Lowell, MA 01854
$599,900
3 beds2 baths1,754 sq ft
97 Crawford St, Lowell, MA 01854
OPEN SUN, 11AM TO 1PM
$525,000
4 beds2 baths1,836 sq ft
170 Townsend Ave, Lowell, MA 01854
$869,900
12 beds3 baths3,771 sq ft
82-84 Willie St, Lowell, MA 01854
$424,900
3 beds1.5 baths1,647 sq ft
133 Crawford St, Lowell, MA 01854
$799,900
7 beds2 baths3,414 sq ft
61 Butterfield St, Lowell, MA 01854
$689,700
3 beds2.5 baths2,016 sq ft
59 Sparks St, Lowell, MA 01854
$275,000
2 beds1 bath748 sq ft
38 Walker St #12, Lowell, MA 01854
$890,000
6 beds2 baths2,490 sq ft
45-47 Dracut St, Lowell, MA 01854
See all

Provided by Redfin

Sale history for 40-42 Riverside St

Date

Event

Price

MLS PIN #73112925

Jul 10, 2023

Sold

$791,000

$242/sq ft

May 17, 2023

Listed

$729,900

$224/sq ft

MLS PIN #72924362

Jan 21, 2022

Sold

$670,000

$205/sq ft

Dec 8, 2021

Contingent

—

Dec 1, 2021

Listed

$599,900

$184/sq ft

+14

Spectacular Opportunity for Owner Occupied or Investors to own this Multi Family Home! Three apartments on the first floor, and the fourth apartment is on the second floor which stretches front to back with four bedrooms and two balconies. Two sets of stairs take you up to the unfinished third floor, with endless possibilities. This home is Centrally located to UMass Lowell, Lowell General, the Downtown area and the scenic Riverwalk. Property is being sold 'As-Is'. Buyers to do own due diligence.

MLS PIN #72300217

May 31, 2018

Sold

$520,000

$159/sq ft

Apr 7, 2018

Pending

—

Mar 30, 2018

Listed

$529,900

$162/sq ft

Great opportunity for an owner occupied or investor to own this multi family home steps away from UMass Lowell and the Merrimack River. This 4 family has Incredible views from the second floor unit which has 4 bedrooms, fully applianced, two porches and more. Also from the second floor unit there is access to the unfinished attic with two egresses and tons of possibilities and there is a five car parking lot in the rear of the building.

MLS PIN #71101524

Sep 15, 2010

Sold

$225,000

$69/sq ft

Aug 25, 2010

Contingent

—

Aug 19, 2010

Relisted

—

Aug 4, 2010

Contingent

—

Jul 29, 2010

Price Changed

$225,000

$69/sq ft

Jul 29, 2010

Relisted

—

Jun 30, 2010

Contingent

—

Jun 25, 2010

Listed

$278,000

$85/sq ft

MLS PIN #70163968

May 27, 2005

Sold

$349,900

$107/sq ft

Apr 22, 2005

Listing Removed

—

Mar 29, 2005

Listed

$349,900

$107/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$8,109 (+2.5%)

$168,700 + $537,700

$706,400

2024

$7,915 (−0.4%)

$147,200 + $517,400

$664,600

2023

$7,945 (+13.8%)

$122,300 + $517,400

$639,700

2022

$6,983 (+7.3%)

$111,200 + $439,100

$550,300

2021

$6,508 (+2.1%)

$96,700 + $386,800

$483,500

2020

$6,375 (+20.2%)

$90,400 + $386,800

$477,200

2019

$5,302 (+3.4%)

$83,600 + $294,000

$377,600

2018

$5,127 (+11.5%)

$79,700 + $276,600

$356,300

2017

$4,600 (+4.5%)

$72,400 + $235,900

$308,300

2016

$4,404 (+11.4%)

$60,700 + $229,800

$290,500

2015

$3,954 (+4.2%)

$62,100 + $193,300

$255,400

2013

$3,795

$76,600 + $176,200

$252,800

2012

$3,794 (−1.5%)

$80,700 + $176,200

$256,900

2011

$3,851 (−13.2%)

$84,700 + $185,200

$269,900

2010

$4,437 (+10.4%)

$86,300 + $248,100

$334,400

2009

$4,019

$101,600 + $242,500

$344,100

Tax history for 40-42 Riverside St

Year

Property tax

Land + Additions

Assessment*

2025

$8,109 (+2.5%)

$168,700 + $537,700

$706,400

2024

$7,915 (−0.4%)

$147,200 + $517,400

$664,600

2023

$7,945 (+13.8%)

$122,300 + $517,400

$639,700

2022

$6,983 (+7.3%)

$111,200 + $439,100

$550,300

2021

$6,508 (+2.1%)

$96,700 + $386,800

$483,500

2020

$6,375 (+20.2%)

$90,400 + $386,800

$477,200

2019

$5,302 (+3.4%)

$83,600 + $294,000

$377,600

2018

$5,127 (+11.5%)

$79,700 + $276,600

$356,300

2017

$4,600 (+4.5%)

$72,400 + $235,900

$308,300

2016

$4,404 (+11.4%)

$60,700 + $229,800

$290,500

2015

$3,954 (+4.2%)

$62,100 + $193,300

$255,400

2013

$3,795

$76,600 + $176,200

$252,800

2012

$3,794 (−1.5%)

$80,700 + $176,200

$256,900

2011

$3,851 (−13.2%)

$84,700 + $185,200

$269,900

2010

$4,437 (+10.4%)

$86,300 + $248,100

$334,400

2009

$4,019

$101,600 + $242,500

$344,100

*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

4,887

Year renovated

—

Sq. Ft.

3,264

Year built

1880

Style

Multi-Family (2-4 Unit)

County

Middlesex County

APN

3179856

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

Waterfront

Last updated by owner on Nov 4, 2024.

TMF

Traditional Neighborhood Multi-Family District

Traditional Neighborhood Residential Districts are designed to preserve, promote, and enhance the pedestrian-scale character of Lowellâ€™s historic residential neighborhoods. All three encourage moderately-sized lots and prohibit large-scale developments. The TSF district emphasizes single-family homes, the TTF district also allows two-family homes, while the TMF also allows three-family homes and up to 6-unit multi-family developments by special permit. To encourage neighborhood stability and owner-occupancy, special provisions are provided for single-family developments in the TTF and TMF zones.

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Public service
Educational/school
Library
Museum / gallery

Property details

Parking

Parking Information
Parking Spaces: 5
Parking Features: Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 4

Basement Information
Basement: Full, Bulkhead, Concrete, Unfinished

Interior Features
# of Rooms (Total): 13
Flooring: Wood, Laminate
Interior Features: Laundry Room, Studio, Living Room, Kitchen, Dining Room

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

Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N

Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: N

Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: N

Exterior

Building Information
Building Area (Total): 3,264
Foundation Area: 1,325
Foundation Details: Irregular
Construction Materials: Stone
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Approximate
Color: Grey

Exterior Features
Fencing: Fenced/Enclosed
Roof: Shingle
Exterior Features: Balcony

Property Information
PropertySubType: 4 Family
Has Waterview
River

Lot Information
Lot Size (Acres): 0.11
WaterfrontYN: Yes
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $6,983
Tax Year: 2022

Utilities

Utility Information
Utilities: for Gas Range
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts, Common, Individually Metered

Heating & Cooling
Has Heating
Heating: Natural Gas, Baseboard, Individual
Cooling Units: 2

Location

Location Information
Directions: Follow GPS, park on White St or Oxford St.
UnparsedAddress: 40-42 Riverside St, Lowell MA 01854

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, University

Public facts

Beds: 7
Baths: 4.0
Sq. Ft.: 3,264
Stories: 2.0
Parking Spaces: 5
Basement: Yes
Accessible: No
Lot Size: 4,887 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1880
Year Renovated: —
County: Middlesex County
APN: 3179856
HOA Dues: —
Garage: No
Features: Waterfront

Home facts updated by owner on Nov 4, 2024

Other

Miscellaneous Information
Heat Zones: 4

Listing Information
StandardStatus: Closed

Around this home

Schools

Joseph McAvinnue Elementary School

Public PreK-4 • Assigned • 0.2mi

4/10

Bartlett Community Partnership School

Public PreK-8 • Assigned • 0.4mi

6/10

Lowell High School

Public 9-12 • Assigned • 1.0mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Lowell, MA • 01854

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

Is this your home?

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Home values near 40-42 Riverside St

Data from public records.

Address	Redfin Estimate
36 Riverside Street, Lowell, MA 12 Beds \| 6 Baths \| 5210 Sq. Ft.	$1,271,426
48 Riverside Street, Lowell, MA 9 Beds \| 5 Baths \| 4402 Sq. Ft.	—

Address	Redfin Estimate
52 Riverside Street, Lowell, MA 4 Beds \| 1 Baths \| 2579 Sq. Ft.	$679,126
48 Riverside Street, Lowell, MA 9 Beds \| 5 Baths \| 4402 Sq. Ft.	—

Address	Redfin Estimate
26 Riverside Street, Lowell, MA 8 Beds \| 4 Baths \| 3594 Sq. Ft.	$968,722
22 Riverside Street, Lowell, MA 5 Beds \| 4 Baths \| 3878 Sq. Ft.	—

Property information provided by MLS PIN when last listed in 2023. This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 01854, MA

Sale history for 40-42 Riverside St

Tax history for 40-42 Riverside St

Public record

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 01854

Home values near 40-42 Riverside St

More real estate resources