231 School St, Lowell, MA 01854
Property image
Property image
OFF MARKET

$639,500

Trulia Estimate
  • 6 Beds
  • 2 Baths
  • 3,073 sqft

231 School St, Lowell, MA 01854

Acre
Est. Refi. Payment $3,857/mo*
Refinance Your Home
Currently Off Market - Sold Oct 1, 2024 for $570,000

Home Value

Trulia Estimate
$640K
Since last month
Decreased$10K (-1.5%)
Since last year
Increased$57K (+9.8%)
Since last sale
Increased$70K (+12.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +148% in the last 10 years
MonthEstimated value
2026
August 2026$640K
August 2026$639K
July 2026$649K
June 2026$645K
May 2026$628K
April 2026$598K
March 2026$580K
February 2026$584K
January 2026$574K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
85 Varney St, Lowell, MA
0.06
Multi-Family Home
$625,000
09/30/25
6
2
2,688
32-34 Sargent St, Lowell, MA
0.06
Multi-Family Home
$650,000
12/01/25
8
2
3,258
8 Marsh St, Lowell, MA
0.02
Multi-Family Home
$750,000
09/30/25
9
3
3,276
61 Butterfield St, Lowell, MA
0.13
Multi-Family Home
$725,000
09/17/25
7
2
3,414
15 Varney St, Lowell, MA
0.21
Multi-Family Home
$770,000
03/30/26
6
2
3,131
118 Butterfield St, Lowell, MA
0.03
Multi-Family Home
$450,000
12/30/25
3
2
1,518
41 Butterfield St, Lowell, MA
0.17
Multi-Family Home
$680,000
01/28/26
6
2.5
2,942
1 Rockdale Ave, Lowell, MA
0.26
Multi-Family Home
$650,000
06/11/26
6
2
1,948
19 Oliver St, Lowell, MA
0.09
Multi-Family Home
$790,000
06/08/26
6
4
2,900
63-65 Bowers St, Lowell, MA
0.28
Multi-Family Home
$780,000
03/24/26
8
3
3,431

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
118 Butterfield St, Lowell, MA 01854
0.03
$450,000
3
2
1,518
Recently Sold
8 Marsh St, Lowell, MA 01854
0.02
$770,800
9
3
3,276
Off Market
256 School St, Lowell, MA 01854
0.06
$501,300
3
2
1,792
Off Market
255 School St #B, Lowell, MA 01854
0.05
$330,000
2
1.5
1,159
Recently Sold
12-14 Marsh St, Lowell, MA 01854
0.03
-
6
2
2,160
Off Market
16 Marsh St, Lowell, MA 01854
0.03
$461,800
4
1.5
1,531
Off Market
206-206 Cross St #210, Lowell, MA 01854
0.08
$805,000
9
5
4,245
Recently Sold
85 Varney St, Lowell, MA 01854
0.06
$642,400
6
2
2,688
Off Market
32-34 Sargent St, Lowell, MA 01854
0.06
$650,000
8
2
3,258
Recently Sold
196 School St, Lowell, MA 01854
0.07
$495,900
4
2
1,462
Off Market
529 Broadway St, Lowell, MA 01854
0.12
$667,700
6
2
2,660
Off Market

Local Information

  • Map ViewExplore the area around 231 School St.
  • Schools7 Preschool Schools12 Elementary Schools6 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1890
3,073 sqft
$208/sqft
Garage

About this House

This two-family property is an excellent investment opportunity located blocks away from the UMass Lowell campus and could be great for student housing in the future. The first-floor unit offers three large bedrooms, an eat-in kitchen, a full bathroom, and hardwood floors throughout. The second-floor unit also includes three large bedrooms, an eat-in kitchen, a full bathroom, w/w carpet, 3rd floor-walk attic space that has potential expandable living space with one finished room. The property's systems have been updated, one heating system is new, both gas units and two electric meters, with tenants covering all utilities except water. W/D hook up in the basement. The current tenants pay $1,500 per month on a month-to-month basis. The property has a 2 garage, 2 car driveway, and two covered porches. Both units have been deleaded with certificates. An open house is scheduled for Saturday from 11:30 AM to 1:30 PM. This is a fantastic investment! Don't miss out!
231 School St, Lowell, MA 01854 is a 6 bedroom, 2 bathroom, 3,073 sqft multi-family in Acre, built in 1890. It last sold for $570,000 on Oct 1, 2024 (14% above the $499,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $639,500, with a rent estimate of $2,857/month.
Last check for updates: about 21 hours ago
Listed by Deb Forte, (978) 423-6464
Century 21 North East, (603) 893-8230
Bought with: Ngan Vien, (617) 818-1508, eXp Realty, (888) 854-7493
Source: MLS PIN, MLS#73279561

Home Details for 231 School St

Interior Features

Interior Details
Basement: Full,BulkheadNumber of Rooms: 10
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 3073 Square Feet
Appliances & Utilities
Utilities: for Gas Range, for Electric Range, for Electric DryerAppliances: Range, Dishwasher, RefrigeratorDishwasherLaundry: Electric Dryer HookupRefrigerator
Heating & Cooling
Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Electric: 110 Volts
Windows, Doors, Floors & Walls
Flooring: Tile, Vinyl, Carpet, Hardwood, Wood
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Tile, Vinyl, Carpet, Hardwood, Wood

Exterior Features

Exterior Home Features
Roof: Shingle SlatePatio / Porch: Porch, CoveredExterior: Balcony/DeckFoundation: Stone
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 2Has a GarageHas Open ParkingParking Spaces: 4Parking: Paved Drive
Frontage
Road Frontage: PublicNot on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: FrameDoes Not Include Home Warranty
Property Information
Parcel Number: M:118 B:5240 L:231, 3182648

Price & Status

Price
List Price: $499,000
Status Change & Dates
Off Market Date: Wed Aug 28 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Lowell

Building

Building Area
Building Area: 3073 Square Feet

Community

Community Features: SidewalksNot Senior Community

Lot Information

Lot Area: 3485 sqft

Rental Terms, Policies & Fees

Rent Includes: Unit 1(Water), Unit 2(Water)

Miscellaneous

BasementMls Number: 73279561

Additional Information

Sidewalks

Price and Tax history

DateEventPrice
Oct 1, 2024
Source: MLS PIN #73279561
Sold
$570,000
Aug 20, 2024
Source: MLS PIN #73279561
Listed For Sale
$499,000
Apr 14, 2010
Source: N/A
Sold
$146,000
Feb 27, 2010
Source: Agent Provided
Listed For Sale
$139,900
Mar 29, 1999
Source: N/A
Sold
$124,000

Market trends in Lowell

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$415K
$10.17KMoM
Sale-to-List Price
100.8%
1.3%MoM
Price per sq ft
$324
$4MoM
Available listings
153
1MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Acre
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Acre

At least 141 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 77 % Say it's dog friendly

  • 72 % Say car is needed

  • 66 % Say streets are well-lit

  • 65 % Say it's walkable to grocery stores

  • 62 % Say it's walkable to restaurants

  • 60 % Say yards are well-kept

  • 56 % Say there's holiday spirit

  • 55 % Say parking is easy

  • 48 % Say kids play outside

  • 45 % Say people would walk alone at night

  • 39 % Say neighbors are friendly

  • 39 % Say they plan to stay for at least 5 years

  • 34 % Say it's quiet

  • 29 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Silvette Koziol
    "What makes my neighborhood special is when we decorate for Christmas and we do New Year’s or when we celebrate Easter"
    0
    Flag
  • Trulia User
    "The traffic isn’t too bad but there’s a few spots that are very congested, too many cars parked on the road and homeless people constantly asking for money. Also the roads themselves are horrendous with a bunch of pot holes and should be fixed asap. "
    7
    Flag
  • Mary C.
    "It may be around the housing projects but it isn’t that scary. Just have to be friendly. It’s close to a Market Basket. Has a public pool in the area as well. There are a couple of school around."
    3
    Flag
  • Mekayla C.
    "Loud during the school year. College kids are ridiculous, have had property damaged and caught on camera. They have parties on weekends so it gets loud and busy at night in the area. "
    4
    Flag
  • Christine M.
    "We do not have any block parties etc. We live right by U Mass Lowell and enjoy the activities of the students. Most of the housing is apartments.Lowell has many public events from a-z. Most people attend with their families. Lowell is a small but very cultured city. The park recreation music events are well attended. The city is beautiful in the winter with a wonderful display of holiday lights and events"
    2
    Flag
  • Christine M.
    "Diverse neighborhood with many local shops for anything that’s needed. Center of a very beautiful downtown restoration. The library and city hall are convenient for all. Many fine reads and activities. Computers for research and tutors for all, the very young on up. Parks are just a few steps away. Many faiths gather around a church and other spiritual locations. U Mass Lowell puts it all together in this city neighborhood. Families are plentiful and always welcome."
    0
    Flag
  • Couponsonly09
    "This neighborhood is pretty good for the most part. I’ve lived here for 17 years. Some new neighbors that moved in party an awful lot and I’m hoping that would simmer down since this neighborhood have always been quiet. However, I still would not let my children walk outside alone. "
    1
    Flag
  • Couponsonly09
    "Nothing. The neighborhood has gotten worse. It’s overly crowded. People party like crazy. Streets are so dirty and small. Road sucks. A lot needs to be done. "
    17
    Flag
  • Wilfrido O.
    "Lived here a while know a lot of people. Neighbors are always friendly dogs are all friendly... close to stores "
    3
    Flag
  • Bodoin
    "Excellent place to live. Located on culda sac "
    2
    Flag
  • Arthur L.
    "Close to downtown AND on the river. Next to park, riverwalk. Walk to restaurants, concerts, plays, museums. Easy train commute to Boston"
    1
    Flag

LGBTQ Local Legal Protections

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

Frequently asked questions about 231 School St

  • What is 231 School St estimated to be worth?
    Trulia's estimated value for 231 School St in Lowell, MA is $639,500.
  • What is the price history for 231 School St?
    231 School St in Lowell, MA last sold for $570,000 in October 2024.
  • Is Lowell a buyer's or seller's market?
    Lowell is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Lowell?
    The median sale price in Lowell is $415K. That is up $10.17K from the prior month.
  • Does 231 School St have laundry facilities?
    Yes, 231 School St in Lowell, MA has laundry facilities.

Explore by feature - Pet Friendly

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