23 18th St, Lowell, MA, 01850
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.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1925
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Side by Side
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Interior Entry,Bulkhead,Concrete
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Features
- Ceiling Fan(s),Lead Certification Available,Storage,Living Room,Dining Room,Kitchen
- Door features: Storm Door(s)
- Window features: Insulated Windows,Screens
- Flooring: Wood,Vinyl
- Finished area above ground: 4,164
Heating
- Heating features: Forced Air,Individual,Unit Control,Natural Gas
Interior Area
- Total structure area: 4,164
- Total interior livable area: 4,164 sqft
Property
Details
- Parcel number: LOWEM172B2040L23
- Zoning: TTF
Features
- Patio & porch: Porch
- Exterior features: Rain Gutters
- Fencing: Fenced
Lot
- Lot size: 4,977 sqft
- Features: Other
Parking
- Total spaces: 3
- Parking features: On Street
- Has uncovered spaces: Yes
- Uncovered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Cold Wave
- Ice Storm
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,787 | $45,444 |
| Home Insurance * | $288 | $3,456 |
| Property Taxes | $694 | $8,328 |
| Electricity | $821 | $9,853 |
| Total | $5,590 | $67,080 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $749,000 |
| 2026-03-09 | Price change | $759,000 |
| 2026-02-18 | Listed for sale | $789,999 |
| 2022-08-18 | Sold | $650,000 |
| 2022-07-05 | Listed for sale | $599,900 |
| 2021-09-14 | Listing removed | -- |
| 2021-08-14 | Listed for rent | $2,300 |
| 2009-10-15 | Sold | $150,000 |
| 2009-08-02 | Price change | $204,000 |
| 2009-07-05 | Price change | $214,900 |
| 2009-06-02 | Listed for sale | $224,900 |
| 1999-09-21 | Sold | $136,500 |
View on Zillow