
12 Houston Ave Methuen — Photo 1 of 42
Recent Drop: $30,500
$649,500
Investment Analysis — 12 Houston Ave
Methuen, MA 01844 — Buswell Acres
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01844 carries an estimated $2,770/mo in gross rent — about a 2.99% cap rate and $19,414/yr in estimated NOI at the $649,500 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,145
Style
Single Family
Built
1931
Welcome to 12 Houston Avenue, a distinctive Central Methuen Colonial that has been lovingly maintained by only three owners since it was built. Offering approximately 2,145 square feet of living space, this charming 3-bedroom, 2-bath home with a 2-car garage combines the character and craftsmanship of an older home with the exceptional care that comes from generations of prideful ownership. The handsome brick exterior provides timeless curb appeal, durability, and a character rarely found in today's homes. The property has a 12,681 sq ft lot of land with irrigation and is graced by a magnificent mature tree believed to be more than 300 years old—a remarkable living piece of history that adds an extraordinary sense of place. One can only imagine what this tree has witnessed over the centuries; perhaps Paul Revere himself could have passed beneath its branches. Inside, the home has been exceptionally well cared for over the past 60 years, reflecting the pride and stewardship of its longtime owners. Generous living spaces, classic architectural character, and a warm established feel make this a home with a story to tell—and an opportunity to become only its fourth owner. Conveniently located near shopping, restaurants, parks, public transportation, and major routes including I-93 and I-495, this property offers the best of both worlds: a peaceful residential setting with everyday conveniences close at hand. A special home, a remarkable tree, and a history of exceptional care—12 Houston Avenue is a rare opportunity to own a piece of Central Methuen's character and charm.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,145 sq ft principal dwelling). Lot size: 12,681 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Golf • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Kitchen
Lvl FirstCeiling Fan(s), Flooring - Stone/Ceramic Tile
Office
Lvl FirstCeiling Fan(s), Flooring - Wall to Wall Carpet
Master Bedroom
Lvl SecondCeiling Fan(s), Closet, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Balcony - Exterior
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Property History
$649,500
Was $680,000
Sep 8, 2026
MLS® 73570679
$680,000
Sep 1, 2026
MLS® 73570679
Listing Agent: Ron Butler
Listing Office: Century 21 North East
MLS® Number: 73570679
