165 University Avenue

Off Market

165 University Avenue

Lowell MA 01854

3738 sq. ft.

4791 sq. ft.

Other

Last sold for $960,000

Michael Alvarez, last sold this property on 27 August 2026 after 50 days on market.

Overview

Exclusive opportunity to acquire 165 University Ave, a four-unit multifamily property in Lowell's desirable Pawtucketville neighborhood. Situated on a corner lot, the property offers immediate value-add potential with three of the four units delivered vacant and move-in ready, providing an exceptional opportunity to lease at market rents or accommodate an owner-occupant. The property features a unit mix of two (2) 3-bedroom/1-bath and two (2) 1-bedroom/1-bath apartments, recent capital improvements including a new roof (2026), refinished hardwood floors, and a renovated second-floor unit with new cabinetry and granite countertops. Additional amenities include a Speed Queen coin-operated laundry system, and a detached garage. Conveniently located minutes from UMass Lowell, downtown, major highways, shopping, and restaurants, this is an outstanding investment opportunity with strong upside and long-term growth potential

Features

8 bedrooms

4 bathrooms

1 carspace

1 garage space

3738 sq. ft. floor area

4791 sq. ft. lot size

Other

Estimated Value

Based on this property and similar 8 bedroom other properties sold in Lowell over the last 12 months, the estimated median property value of 165 University Avenue is $921k.

Median value

$921k

Estimated value range

$750k - $1.1m

Median days on market

Estimated value trend

17%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lowell. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 165 University Avenue

2026

Sold

$960,000

27 Aug 2026 by Michael Alvarez, of Alvarez Real Estate Group LLC

2009

Sold

$225,000

31 Dec 2009 by Salihu Mohammed, of Dick Lepine Real Estate,Inc.

2003

Sold

$429,000

20 Nov 2003 by Pat Courtney Tarrant, of REMAX Prestige | Idaho Falls

Happy sellers in Lowell

89%

89% of sellers in Lowell reported that their sale price either exceeded or met their price expectations.

Lowell stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Lowell over the last 12 months.

Local market activity for 8 bedroom other properties in Lowell

In the last 12 months, 3 eight-bedroom other properties similar to 165 University Avenue, have been sold.

This represents a 100% decrease in eight-bedroom other properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Lowell for a market analysis.

Chris Doherty

at Doherty Properties

(125 reviews)

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Dawn Felicani

at Gibson Sotheby's International Realty

(4 reviews)

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Jose Frias

at Realty ONE Group Nest | North Andover

(80 reviews)

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Shirley Cunico

at Doherty Properties

4.8

(100 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lowell

Chris Doherty

Sellers who recommend Chris Doherty have praised them for being local expert, responsive, clear communication, reliable, dedicated, supportive, and well-prepared

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Dawn Felicani

Dawn Felicani is a recommended agent for Lowell. They have 1 local sale and collected 1 local review across the last 12 months.

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Jose Frias

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Shirley Cunico

Sellers who recommend Shirley Cunico have praised them for being local expert, responsive, clear communication, reliable, supportive, proactive, and attentive