Expired
159 S Union Street Lawrence — Photo 1 of 14

159 S Union Street Lawrence — Photo 1 of 14

Recent Drop: $75,000

$1,975,000
$1,900,000

$1,900,000

159 S Union Street, Lawrence, MA 01843

Lawrence, MA 01843

Beds

21

Baths

7

SqFt

11,280

Style

5+ Family - 5+ Units Up/Down

Built

1930

159 S Union St contains nine (9) total units, comprised of seven (7), 3-Bedroom/1-Bathroom units and two street-level commercial units with 11,280 square feet of gross living area in 15,000 square feet of gross area. Both commercial units are occupied by Hayes Tavern, who recently signed a brand-new lease. The Property is situated on a 0.16-acre parcel and features seven (7) off-street parking spaces. The Property is separately metered for gas powered heat & hot water, as well as individually metered electricity, which tenants pay directly. The Landlord is responsible for providing domestic water and sewer, which they pay directly. 159 South Union Street is strategically located in South Lawrence, providing strong urban visibility within a well-established neighborhood and convenient access to local amenities. The Property is situated in a highly walkable area with numerous retailers, services, and community amenities.

Key facts

It was listed on June 11, 2026. The price has come down from an original $1,975,000 to $1,900,000, most recently on October 1, 2026. The annual property taxes are $13,921 (2026 tax year). It sits on a 0.16-acre (6,969 sq ft) lot.

No longer available to tour

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$168/sqft
Local Avg (Lawrence)$275/sqft
39% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Lawrence, MA.

Property Details

Financials

Original Price$1,975,000
Annual Taxes$13,921

Parking

Garage0
Off-Street7

Interior Specifications

Total Rooms37
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationOther
ZoningB2

Property & Lot

Acres0.16
SqFt Lot6,969
Lot FeaturesOther

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Price Drop
$1,900,000

Was $1,975,000

Oct 1, 2026

MLS® 73534642

Listed
$1,975,000

Jun 11, 2026

MLS® 73534642

Questions about this home

When was 159 S Union Street, Lawrence listed?

159 S Union Street, Lawrence was listed on June 11, 2026.

Has the price of 159 S Union Street, Lawrence changed?

The price has come down from an original $1,975,000 to $1,900,000, most recently on October 1, 2026.

What are the property taxes for 159 S Union Street, Lawrence?

The annual property taxes for 159 S Union Street, Lawrence are $13,921 (2026 tax year).

How big is the lot at 159 S Union Street, Lawrence?

159 S Union Street, Lawrence sits on a 0.16-acre (6,969 sq ft) lot.

What is the status of 159 S Union Street, Lawrence?

159 S Union Street, Lawrence's listing has expired.

Population

27,445

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$68K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

68.2%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Spencer Norton

Listing Office: Horvath & Tremblay

MLS® Number: 73534642