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185 Water St

Lawrence, MA 01841

4 bd 2 ba 1,071 sqft Built 1900 Lot 5,227 sqft multi_family
Most recent sale
$385,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $385,000 MLS #72937591
Feb 1, 2018 Sold $182,000 MLS #72251342
Nov 3, 2017 Listed $189,900 MLS #72251342
Aug 23, 2017 Price changed $204,900 MLS #72197654
Jul 13, 2017 Listed $209,900 MLS #72197654
Jan 3, 2017 Listed $219,999 MLS #72104762
Oct 9, 2004 Listed $224,900 MLS #70102690

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $311,300 $112,100 $423,400 $3,726
2024 $250,400 $117,900 $368,300 $3,407
2023 $191,400 $113,800 $305,200 $3,101
2022 $144,800 $107,300 $252,100 $2,884
2021 $127,700 $107,300 $235,000 $2,883
2020 $127,700 $89,400 $217,100 $2,699
2019 $126,700 $66,400 $193,100 $2,642
2018 $97,200 $60,200 $157,400 $2,254
2017 $81,400 $57,100 $138,500 $2,125
2016 $84,100 $44,600 $128,700 $1,996
2015 $84,100 $44,600 $128,700 $1,946
2014 $85,800 $40,300 $126,100 $1,968
2006 $116,800 $69,100 $185,900 $1,647
2005 $81,600 $68,300 $149,900 $1,454
2004 $47,600 $39,400 $87,000 $1,047
2003 $47,600 $39,400 $87,000 $1,050

Property facts

Year built
1900
Property type
multi_family
Stories
3
Beds
4
Baths
2
Living area
1,071 sqft
Lot size
5,227 sqft
ZIP code
01841
City
Lawrence
Street
Water St
Coordinates
42.69896, -71.17294

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,106
Gross rental yield
9.68%
Implied cap rate
6.29%
Trend-extrapolated value

Frequently asked questions

When did 185 Water St last sell?
185 Water St most recently sold on Jun 23, 2022 for $385,000.
What is the current tax assessment for 185 Water St?
The most recent total assessment for 185 Water St (year 2025) is $423,400 with $3,726 in property tax.
How does 185 Water St's assessment compare to its last sale price?
The current assessment is 10.0% above the last sale price of $385,000.
When was 185 Water St built?
185 Water St was built in 1900.
How does 185 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 185 Water St?
185 Water St is a 4 bed, 2 bath, 1,071 sqft, 5,227 sqft lot multi_family.
Is 185 Water St a flip candidate?
No — 185 Water St does not appear in our flips dataset.
Is 185 Water St a tax-appeal candidate?
No — 185 Water St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.3%
Implied 1-yr
+13.3%
2026 Q2
$731.3K
2026 Q3
$751.3K
ZIP 01841 — Median Price History + Forecast

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