23 18th St Lowell, MA 01850
Centralville NeighborhoodEstimated payment $4,710/month
Highlights
- Medical Services
- Wood Flooring
- Living Room
- Property is near public transit
- Porch
- Park
About This Home
Rare opportunity to own a spacious multi-family in Lowell’s Centralville neighborhood. Offering over 4,000 sq ft of living space, this property presents strong income potential with room to add value. Unit 2 is well maintained and leased at $3,200/month through August, providing immediate rental income. Unit 1 is vacant and ready for renovation — ideal for investors or owner-occupants looking to build equity. With generous room sizes and solid layout, this is a value-add opportunity. Conveniently located near schools, shopping, major routes, and downtown amenities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,121
Year Built
- Built in 1925
Lot Details
- 4,977 Sq Ft Lot
- Fenced
Home Design
- Duplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,164 Sq Ft Home
- Ceiling Fan
- Insulated Windows
- Window Screens
- Living Room
- Dining Room
- Storage
- Washer and Electric Dryer Hookup
- Storm Doors
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- 3 Car Parking Spaces
- On-Street Parking
- 3 Open Parking Spaces
Outdoor Features
- Bulkhead
- Rain Gutters
- Porch
Location
- Property is near public transit
Schools
- Mcauliffe Elementary School
- Robinson Middle School
- Lowell High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Individual Controls for Heating
- 100 Amp Service
Listing and Financial Details
- Legal Lot and Block 23 / 2040
Community Details
Overview
- 2 Units
- Property has 3 Levels
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $38,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,121 | $794,500 | $134,300 | $660,200 |
| 2024 | $8,204 | $688,800 | $125,500 | $563,300 |
| 2023 | $7,858 | $632,700 | $109,200 | $523,500 |
| 2022 | $6,854 | $540,100 | $99,200 | $440,900 |
| 2021 | $6,556 | $487,100 | $86,300 | $400,800 |
| 2020 | $5,906 | $442,100 | $75,400 | $366,700 |
| 2019 | $5,233 | $372,700 | $69,800 | $302,900 |
| 2018 | $4,969 | $344,700 | $66,500 | $278,200 |
| 2017 | $4,933 | $330,600 | $60,400 | $270,200 |
| 2016 | $4,789 | $315,900 | $59,000 | $256,900 |
| 2015 | $4,475 | $289,100 | $59,000 | $230,100 |
| 2013 | $4,257 | $283,600 | $68,900 | $214,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/09/2026 03/09/26 | Price Changed | $759,000 | -3.9% | $182 / Sq Ft | |
| 02/18/2026 02/18/26 | For Sale | $789,999 | +21.5% | $190 / Sq Ft | |
| 08/18/2022 08/18/22 | Sold | $650,000 | +8.4% | $156 / Sq Ft | View Prior Sale |
| 07/11/2022 07/11/22 | Pending | -- | -- | -- | |
| 07/05/2022 07/05/22 | For Sale | $599,900 | -- | $144 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $150,000 | -- | |
| Deed | $150,000 | -- | |
| Deed | -- | -- | |
| Deed | $136,500 | -- | |
| Deed | $136,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $33,000 | No Value Available | |
| Open | $120,000 | Purchase Money Mortgage | |
| Closed | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $38,880 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73478185
APN: LOWE-000172-002040-000023
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Ask me questions while you tour the home.