For sale

$1,499,999

42-48 Red Spring Rd, Andover, MA 01810

12beds

4,920sqft

$9,749/mo

Get pre-qualified

4 Family - 4 Units Side by Side

Built in 1897

-- sqft lot

$-- Zestimate^®

$305/sqft

$-- HOA

What's special

Attention Investors! EXTREMELY Rare Andover opportunity featuring TWO two-family properties with a total of four townhouse-style units. Acquire four income-producing units in one transaction with strong rental and value-add potential. Ideal for buy-and-hold investors, portfolio expansion, renovations, or potential future condo conversion, subject to buyer due diligence and required approvals. Properties are being sold together. Don’t miss this unique multi-unit investment opportunity in Andover.

4 days
103
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 4
Full bathrooms: 4

Appliances

Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Wood
Basement: Full,Walk-Out Access,Unfinished
Has fireplace: No

Interior area

Total structure area: 4,920
Total interior livable area: 4,920 sqft
Finished area above ground: 4,920

Property

Parking

Total spaces: 8
Parking features: Paved Drive, Assigned
Uncovered spaces: 8

Lot

Size: 0.62 Acres

Details

Parcel number: 1839982
Zoning: SRA

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family - 4 Units Side by Side

Materials

Stone
Foundation: Concrete Perimeter
Roof: Rubber

Condition

Year built: 1897

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

Community & HOA

Location

Region: Andover

Financial & listing details

Price per square foot: $305/sqft
Tax assessed value: $1,133,800
Annual tax amount: $15,245
Date on market: 9/25/2026
Total actual rent: 7600

Estimated market value

Not available

Estimated sales range

Not available

$3,507/mo

Price history

Date	Event	Price
9/21/2026	Listed for sale	$1,499,999$305/sqft
Source: MLS PIN #73580238 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,603	$1,133,800
2024	$14,603 -2.3%	$1,133,800 +3.6%
2023	$14,944	$1,094,000
2022	$14,944 +8.6%	$1,094,000 +21.5%
2021	$13,763 +7.6%	$900,100 +5.6%
2020	$12,795 +7.8%	$852,400 +9.7%
2019	$11,869 +5.5%	$777,300 +8.1%
2018	$11,250 +13.7%	$719,300 +10.4%
2017	$9,891 +14.6%	$651,600 +11.9%
2016	$8,628 +0.5%	$582,200 +1.6%
2015	$8,582 -1.8%	$573,300 -0.4%
2014	$8,738 +4.6%	$575,600
2013	$8,352 +11.5%	$575,600 +8.7%
2012	$7,492 -4.8%	$529,500 -5%
2011	$7,870 +1.6%	$557,400 -5.1%
2010	$7,745 +0.2%	$587,200 -7.6%
2009	$7,731 +4%	$635,800 -0.1%
2008	$7,437 -0.1%	$636,200 -3.9%
2007	$7,444 +2.3%	$661,700 +3.6%
2006	$7,279 +5.4%	$638,500 +6.4%
2005	$6,905 +3%	$599,900 +2.7%
2004	$6,703 +19.5%	$584,400 +21.1%
2003	$5,611 +12.1%	$482,500 +43.8%
2001	$5,007 +1.8%	$335,600
2000	$4,917	$335,600 +29.1%
1997	--	$260,000