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381 Reservoir Avenue, Revere MA 02151

Revere, MA 02151
$799,900
Est. $4,768/month
2
Beds
2
Baths
1,674
Sq Ft
$478
Price/Sq Ft
0.11
Acres
1929
Year Built
2 hours 53 minutes
Time on Market
Active Open House Listed Jun 18, 2026 • MLS# 73538207 Copied!

About this home

Move-in ready and full of opportunity, this well-maintained two-family property is ideal for an owner-occupant seeking supplemental income or an investor looking to expand their portfolio. Bright and sunny interiors create a welcoming, airy feel throughout both spacious units with generously sized rooms, each offering a one-bedroom layout and a full bath with tub and shower. Unit 1 features vinyl flooring and a bright kitchen with white cabinetry, while Unit 2 boasts beautiful hardwood floors, surround sound, and a full bathroom with a dual vanity. Separate utilities provide added convenience and efficiency, with basement laundry and dedicated storage enhancing everyday living. Outside, enjoy the private patio, fenced backyard, and off-street parking. Conveniently located near Route 1, Revere Beach, shopping, dining, and commuter routes, this versatile property combines comfort, location, and strong investment potential. Less than 30m outside of Boston!

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Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1929
Bedrooms
2
Full Bathrooms
2
Living Area
1,674 sq ft
Total Rooms
8
Stories
2
Levels
2

Open House Schedule

19
Jun
Friday, June 19
4:30 PM - 6:00 PM EDT
21
Jun
Sunday, June 21
1:00 PM - 2:30 PM EDT
20
Jun
Saturday, June 20
1:00 PM - 2:30 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1929
Living Area 1,674 sq ft
Lot Size 0.11 acres
Bedrooms 2
Full Baths 2
Total Rooms 8

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Vinyl, Carpet, Concrete, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Bathroom With Shower Stall, Smart Thermostat, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Exterior

Construction Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 4

Utilities

Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $6,274
Assessed Value $691,700

Interior Features

Flooring: Tile, Vinyl, Carpet, Concrete, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Bathroom with Shower Stall, Smart Thermostat, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows: Skylight(s), Insulated Windows, Screens
Basement: Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1929
Structure Type:
Exterior Materials: Conventional (2x4-2x6)
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 2
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Patio
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

381 Reservoir Avenue, Revere MA 02151

Revere, MA 02151

Walkability

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Nearby Schools

School District
Revere School District local
C
School Safety 2024-25
4.0% Above Average
1.8% Suspensions 0.1% Expulsions 2.1% Emergency
1.5% below state avg
E

Elementary Schools

3 schools
B-
Staff Sargent James J. Hill Elementary School
0.6 mi | #452 of 824 | Score: 46.1
Improved 140 spots from last year
-12.1 below state avg
615 students Moderate
Rising School
Grades K-05
C+
A.C. Whelan Elementary School
0.7 mi | #506 of 824 | Score: 44.5
Improved 55 spots from last year
-13.7 below state avg
658 students Diverse
Rising School
Grades K-05
Chelsea Virtual Learning Academy
0.8 mi
54 students Less Diverse
College Ready Curriculum
Grades K-12
M

Middle Schools

3 schools
C
Susan B. Anthony Middle School
0.7 mi | #260 of 352 | Score: 35.7
Improved 6 spots from last year
-22.5 below state avg
545 students Diverse
Grades 06-08
D
Clark Avenue School
1.1 mi | #329 of 352 | Score: 28.3
Improved 32 spots from last year
-29.9 below state avg
673 students Less Diverse
Rising School
Grades 05-08
A-
Rumney Marsh Academy
1.2 mi | #5 of 16 | Score: 37.6
Improved 307 spots from last year
-20.6 below state avg
587 students Moderate
Rising School
Grades 06-08
H

High Schools

3 schools
C+
Everett High School
0.9 mi | #233 of 346 | Score: 48.1
Improved 42 spots from last year
-10.1 below state avg
2,307 students Diverse
17 sports • 1,298 athletes
Rising School Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
C
Revere High School
1.0 mi | #249 of 346 | Score: 46.2
Dropped 17 spots from last year
-12 below state avg
2,115 students Moderate
18 sports • 1,334 athletes
Early College Program College Ready Curriculum Strong Athletics
Grades 09-12
C
Chelsea Opportunity Academy
1.1 mi | #294 of 346 | Score: 59.3
Same rank as last year
132 students Less Diverse
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $523
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 18, 2026
$799,900
Original listing
Agent: Carol McDonald Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Jun 18, 2026 New Listing Added $799,900

Market Statistics

Time on Market
2 hours 53 minutes
Price per Sq Ft
$478

Tax History

Year Taxes Assessment
2025 $6,274 $691,700

Financial Details

Annual Property Tax
$6,274
Tax Year 2025
Assessed Value
$691,700

Listing Information

Listing Agent Carol McDonald
Listing Office Lamacchia Realty, Inc.
Agent MLS ID B9500182
Office MLS ID AN5825
Listing Data Updated Jun 18, 2026 10:41 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Revere, MA

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