548 Eastern Ave
Lynn, MA 01902
- 4 Beds
- 2 Baths
- 1,972 sqft
4 Beds
2 Baths
1,972 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1910
Living Area
1,972 sqft
Price/Sqft
$393
Parking
Garage
About this House
HOT DEAL! Situated in the heart of a thriving neighborhood of East Lynn in a close proximity to Salem and Swampscott, this property offers an excellent opportunity for investors or those looking to offset their mortgage expenses with rental rates ranging from $2,000/monthly to $2,600/monthly per unit. Every unit includes a kitchen, dining area, family room, flex rooms, storage, bath and bedrooms. Outdoor features a fenced in expansive yard, two car garage and ample amount of off street parking. The house is serviced by public water/sewer, natural gas for cooking and oil for heating. This convenient location provides easy access to major highways and public transportation, making it an ideal spot for those who wish to enjoy a peaceful coastal setting while remaining connected to the hustle and bustle of city life. Enjoy nearby amenities at the stretch of your hand: MBTA/buses/schools/restaurants/grocery/cafes/bakeries/parks/ponds/trails and more. Vacant & Ready! OH Today, Sat & Sun
548 Eastern Ave, Lynn, MA 01902 is a 4 bedroom, 2 bathroom, 1,972 sqft multi-family built in 1910. It last sold for $770,000 on May 27, 2025 (8% above the $714,900 asking price). More recently, it was listed as a rental in November 2022 with an asking price of $2,200 per month. That rental listing was removed on December 19, 2022. It is currently off market. The Trulia Estimate is $774,300, with a rent estimate of $2,789/month.
Home Details for 548 Eastern Ave
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Interior Details Basement: Full,Interior Entry,Bulkhead,ConcreteNumber of Rooms: 10 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1972 Square Feet |
Appliances & Utilities Utilities: for Gas Range |
Heating & Cooling Heating: Forced Air,SteamHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Electric: 100 Amp Service |
Windows, Doors, Floors & Walls Window: Insulated WindowsFlooring: Wood, Tile, Hardwood, Stone/Ceramic Tile |
Levels, Entrance, & Accessibility Number of Stories: 3Floors: Wood, Tile, Hardwood, Stone Ceramic Tile |
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Exterior Home Features Roof: ShinglePatio / Porch: PorchFencing: Fenced/EnclosedExterior: Rain Gutters, GardenFoundation: StoneGarden |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Open Parking Spaces: 5Has a GarageHas Open ParkingParking Spaces: 7Parking: Paved Drive,Off Street,Deeded,Driveway |
Frontage Waterfront: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)Road Frontage: PublicRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1972 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: 2 Family - 2 Units Up/Down |
Building Construction Materials: FrameDoes Not Include Home Warranty |
Property Information Parcel Number: M:097 B:454 L:005, 1998318 |
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Price List Price: $714,900 |
Status Change & Dates Off Market Date: Tue Apr 15 2025 |
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MLS Status: Sold |
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Direction & Address City: Lynn |
School Information Elementary School: HoodJr High / Middle School: MarshallHigh School: English |
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Building Area Building Area: 1972 Square Feet |
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Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, T-StationNot Senior Community |
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Lot Area: 5114 sqft |
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Listing Terms: Contract |
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BasementMls Number: 73358528Above Grade Unfinished Area: 1972 |
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Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatHighway AccessT-Station |
Last check for updates: about 13 hours ago
Listed by Maria Babakhanova, (617) 360-1601
Redfin Corp., (617) 340-7803
Bought with: Jenny Lima, (617) 549-5177, Coldwell Banker Realty - Marblehead, (781) 631-9511
Source: MLS PIN, MLS#73358528
Price History for 548 Eastern Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/27/2025 | $770,000 | Sold | MLS PIN #73358528 |
| 04/11/2025 | $714,900 | Listed For Sale | MLS PIN #73358528 |
| 12/19/2022 | ListingRemoved | Zillow Rentals | |
| 12/07/2022 | $2,100 | PriceChange | Zillow Rentals |
| 11/30/2022 | $2,200 | Listed For Rent | Zillow Rental Manager |
| 12/10/2019 | $489,650 | Sold | N/A |
| 10/15/2019 | $474,651 | Pending | Agent Provided |
| 10/09/2019 | $474,651 | Listed For Sale | Agent Provided |
Market trends in Lynn
Last updated June 2026
Avg. sale price
$542K
$40KMoM
Sale-to-List Price
100.5%
0.7%MoM
Price per sq ft
$401
$3MoM
Available listings
173
13MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,557 |
| Assessment | $632,933 |
Home facts updated by county records
Comparable Sales for 548 Eastern Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $840,000 | 05/01/26 | 5 | 2.5 | 2,077 | |
0.28 | Multi-Family Home | $883,000 | 06/05/26 | 4 | 2 | 2,432 | |
0.39 | Multi-Family Home | $840,000 | 09/25/25 | 4 | 2 | 1,819 | |
0.34 | Multi-Family Home | $615,000 | 10/24/25 | 3 | 2.5 | 1,907 | |
0.42 | Multi-Family Home | $840,000 | 04/24/26 | 7 | 2 | 2,464 | |
0.52 | Multi-Family Home | $805,000 | 11/21/25 | 4 | 2 | 2,214 | |
0.52 | Multi-Family Home | $844,000 | 03/06/26 | 5 | 3 | 2,268 | |
0.67 | Multi-Family Home | $680,000 | 01/29/26 | 4 | 2 | 1,476 | |
0.57 | Multi-Family Home | $880,000 | 03/11/26 | 6 | 2 | 1,824 | |
0.77 | Multi-Family Home | $750,000 | 03/27/26 | 4 | 2 | 1,963 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 548 Eastern Ave.
What Locals Say about Lynn
At least 980 Trulia users voted on each feature.
85 % Say there are sidewalks
75 % Say it's dog friendly
70 % Say car is needed
69 % Say yards are well-kept
68 % Say it's walkable to restaurants
68 % Say there's holiday spirit
67 % Say it's walkable to grocery stores
66 % Say parking is easy
65 % Say kids play outside
64 % Say streets are well-lit
58 % Say they plan to stay for at least 5 years
52 % Say neighbors are friendly
51 % Say people would walk alone at night
44 % Say it's quiet
40 % Say there's wildlife
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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Apartments for Rent
Homes for sale near 548 Eastern Ave
Off Market Homes Near 548 Eastern Ave
Frequently asked questions about 548 Eastern Ave
- What is 548 Eastern Ave estimated to be worth?Trulia's estimated value for 548 Eastern Ave in Lynn, MA is $774,300.
- What is the price history for 548 Eastern Ave?548 Eastern Ave in Lynn, MA last sold for $770,000 in May 2025.
- Is Lynn a buyer's or seller's market?Lynn is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Lynn?The median sale price in Lynn is $542K. That is up $40K from the prior month.
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.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

