Active
50 Days on market
14 Putnam Rd Revere — Photo 1 of 17
Recent Drop: $60,000
$459,000$399,000
$399,000
14 Putnam Rd, Revere, MA 02151
Revere, MA 02151 — Oak Island
Beds
2
Baths
1
SqFt
645
Style
Single Family
Built
1939
Attention investors, builders, and developers! Rare opportunity to acquire a property in Revere's desirable Oak Island neighborhood. This unique property consists of 645 sqft living space and three separate lots of 0.034 acres each, ready for your investment, and is located outside of a flood zone. Buyers may explore the potential to apply for an Accessory Dwelling Unit (ADU), subject to local approvals and regulations. Situated just minutes from Revere Beach, Wonderland MBTA Station, Logan Airport, and Downtown Boston, this property offers exceptional potential for redevelopment, renovation, or investment. Buyer and buyer's agent to perform their own due diligence regarding zoning, permitting, lot usage, and future development opportunities.
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$619/sqft
Local Avg (Revere)$448/sqft
38% AboveMarket Average
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Revere, MA.
Property Details
Financials
Original Price$459,000
Annual Taxes$2,913
Parking
Garage0
Off-Street4
Interior Specifications
Total Rooms4
FireplacesNone
FlooringTile, Hardwood
BasementNone
Climate & Utilities
HeatingBaseboard
CoolingNone
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame
RoofShingle
FoundationBlock
ZoningBldg Dpt
Property & Lot
Acres0.1
SqFt Lot4,443
Lot FeaturesLevel
Amenities & Appliances
Gas Water Heater • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
First
Living Room
Living Room
Lvl FirstProperty History
Price Drop
$399,000
Was $439,000
Aug 15, 2026
MLS® 73543937
Price Drop
$439,000
Was $459,000
Jul 28, 2026
MLS® 73543937
Listed
$459,000
Jul 1, 2026
MLS® 73543937
Sold
$53,000
Feb 22, 2011
MLS® 71143777
Listed
$69,900
Sep 27, 2010
MLS® 71143777
Population
60,012
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$87K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
54.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Suffolk County
2,527 housing units permitted in the last 12 months (+37% vs the prior 12 months) — 2,269 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
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: 323 sq ft (the lesser of 900 sq ft or half the 645 sq ft principal dwelling). Lot size: 4,443 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.
Listing Provided By
Listing Agent: Lou Markakis
Listing Office: Lynnway Associates
MLS® Number: 73543937
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