Houses under 400k in North Andover

Ryan Schruender by Ryan Schruender Last updated May 2, 2017

Houses Under $400,000 in North Andover.

Looking for houses under 400k in North Andover? You’re not alone. It’s a great starter home price in a great starter home town.

NA is such a strong market, regardless of time of year, that houses under the $400,000 price point don’t come up often. And when they do, they move quickly.

(Do you know how long it takes to sell in North Andover? We do.)

So we’ve decided to keep an updated running list of houses in 01845 that are listed at $400,000 or less.

One note before we start: all the photos in this post are borrowed from MLSPIN and copyright their respective authors/owners.

Map of Houses Under $400,000 in North Andover.

Table of Contents

Houses under 400k in North Andover

These lists are easily accessible on sites like Zillow too, if you use their search filters. But we’ve gone the extra mile and collected information that Zillow doesn’t have.

Like what?

Comps, walk-throughs, and detailed hand-written descriptions of each 400k North Andover house and condo.

We also provided some comparisons at the bottom of this post about how North Andover’s $400,000 properties stack up against $400k real estate elsewhere around the Massachusetts, New England, and the United States.

But first!

Here are the currently-active homes for sale in North Andover for $400,000 or less. Without further ado…

315 Greene Street, Unit 2 — $379,000

Library District in North Andover for under $400k

House Under 400k North Andover: 315 Greene Street.

315 Greene Street, Unit 2
Library District
North Andover, MA 01845

Description

House Under 400k North Andover: 315 Greene Street - Dining Room.A condex-style home (sorry, no single-family here!) with a backyard shared with the other unit (there are 2 units total). The unit has the following private facilities: private entry, laundry, driveway, and deck.

The under-400k home saw extensive updates in 2014, making the first floor wide open. The kitchen has an island, granite counters, stainless steel appliances, a modern feel, and lots of sun.

Nowadays the formal dining room is making a comeback in a major way, and this classic 1960s construction has a gorgeous dining room ready for hosting and entertaining.

Zillow Facts

  • Baths: 1 full, 1 half
  • Lot: 0.37 acres
  • Condex
  • Built in 1964
  • Heating: Forced air, Other
  • Last sold: Dec 2016 for $375,000
  • Price/sqft: $223
  • Candidate for a community solar program
  • Sun Number™: 30

Zillow Features

  • Cable Ready
  • Ceiling Fan
  • Double Pane/Storm Windows
  • Fireplace
  • Flooring: Hardwood, Tile
  • Parking: Garage – Attached
  • Patio
  • Sprinkler System
  • Unfinished basement

Interested? Get in touch

114 Beverly Street — $325,000

Thomson School area in North Andover for under $400k

House Under 400k North Andover: 114 Beverly Street.

114 Beverly Street
Thomson School Area
North Andover, MA 01845

Description

House Under 400k North Andover: 114 Beverly St - Kitchen.

This house turns 87 years old this year, but you’d never know it.

For less than $400k, it boasts a well-maintained 3 bedrooms, plus a 4th space perfect for an office, den, nursery, or other purpose. The full bathroom upstairs was just renovated.

The home has been totally updated within the last few years. Its oil furnace, gas hot water heater, chimney, and other standard improvements have all recently been replaced.

On the first floor, you’ll find an oversized living room with a pellet stove that gets HOT—to help offset oil heating costs. If you’ve ever owned a wood or pellet stove, you know how much heat they deliver!

The living room opens up into a huge dining room. In the next room, you’ll enjoy an open, charming eat-in kitchen.

In back, you’ll love your brand new deck and a level, fenced-in yard.

Zillow Facts

  • Lot: 7,840 sqft
  • Single Family
  • Built in 1930
  • Cooling: Central
  • Heating: Forced air
  • Price/sqft: $203
  • MLS #: 72080111
  • Good solar potential
  • Sun Number™: 61
  • Attic
  • Cable Ready
  • Fireplace
  • Flooring: Hardwood
  • Jetted Tub
  • Parking: Off street
  • Patio
  • Porch
  • Unfinished basement

Interested? Get in touch

139 Mass Ave — $299,900

Thompson School area in North Andover for under $400k

House Under 400k North Andover 139 Mass Ave: 19 Curb.

139 Massachusetts Ave
Thompson School District
North Andover, MA 01845

Description

House Under 400k North Andover: 139 Mass Ave - Kitchen.This house even gets under 300k. It’s a one level, ranch style home with 2 bed, 1½ bath. It’s got a mudroom entryway and outdoor shed for storage.

Interior has an eat-in kitchen and a large living room with all hardwood floors. For added rec space, it includes a (partially) finished basement.

The roof is fairly new and set to last quite a long time. The listing stresses that this house is a “great alternative to a condo,” with easy access to 495 and Carl Thomas playground across the street.

Zillow Facts

  • Lot: 4,791 sqft
  • Single Family
  • Built in 1940
  • Last sold: Oct 2005 for $265,000
  • Price/sqft: $320
  • MLS #: 72133000
  • Candidate for a community solar program
  • Sun Number™: 30

Interested? Get in touch

11 Camden Street — $349,900

High School area in North Andover for under $400k

House Under 400k North Andover: 11 Camden Street.

11 Camden Street
NA High School District
North Andover, MA 01845

Description

This one was built in 1940, but you’d hardly know it. It has been completely redone from the inside out. It boasts gorgeous new floors, totally modernized kitchen, and updated bath.

House Under 400k North Andover: 11 Camden Street - Kitchen.To keep some of the 1940’s charm, the house features a new pellet stove and hearth to warm the living room and first floor area.

It’s got all new windows and vinyl siding, and newer gas furnace to compliment the pellet stove.

It’s tucked away on a side street that gets almost zero traffic from anyone but residents of Camden Street. But it sits just minutes—well within walking distance—from NA High School, Middle School, and Kittredge and Atkinson Elementary schools.

The back yard is level, open, and fenced-in with above ground pool. It’s a classic New England cape bursting with charm.

Zillow Facts

  • Baths: 1 full, 1 half
  • Lot: 7,840 sqft
  • Single Family
  • Built in 1940
  • Last sold: Jan 2012 for $235,000
  • Price/sqft: $237
  • MLS #: 72136997
  • Candidate for a community solar program
  • Sun Number™: 30

Interested? Get in touch

599 Turnpike Street — $339,900

Merrimack College area in North Andover for under $400k

House Under 400k North Andover: 599 Turnpike Street.

599 Turnpike Street
Merrimack College District
North Andover, MA 01845

Description

This colonial style home has watched Turnpike Street grow around it since 1922. With that character, the house now boasts a brand new interior makeover.

The kitchen has been updated with new countertops and cabinets. It’s got plenty of storage space, a large dining area, and recessed lighting—nothing 1920’s about it.

House Under 400k North Andover: 599 Turnpike Street - Dining Room.Its original formal dining room—a requisite for any respectable home of the 1920’s—has plenty of space to host and entertain. And it’s finished with classic details like a chair rail and built-in hutch with sliders that reach out to the back deck.

The first floor is nearly wall-to-wall hardwood floors. The living room gets plenty of sun. And it has an office with built-in shelves—again with the classic New England architecture!

The second floor also has hardwood throughout. Like the living room downstairs, the master bedroom is filled with tons of natural light. And closet space, of course. And the second floor also includes 3 additional bedrooms and full bath.

Outside, you can enjoy a private deck, overlooking a large backyard. Tons of outdoor living space, great for entertaining and play. The exterior also includes an enclosed porch and a paved driveway with plenty of off-street parking.

Zillow Facts

  • Baths: 1 full, 1 half
  • Lot: 10,454 sqft
  • Single Family
  • Built in 1922
  • Heating: Baseboard
  • Last sold: Jun 2011 for $300,000
  • Price/sqft: $197
  • MLS #: 72136138
  • Limited solar potential
  • Sun Number™: 40

Zillow Features

  • Attic
  • Cable Ready
  • Deck
  • Flooring: Hardwood, Laminate, Tile
  • Parking: Off street
  • Porch
  • Unfinished basement

Interested? Get in touch

197 High Street — $320,000

Mechanics Village in North Andover for under $400k

House Under 400k North Andover: 197 High Street.

197 High Street
Mechanics Village District
North Andover, MA 01845

Description

This 167-year-old home is vintage New England farmhouse. It was built in 1850 and still maintains every ounce of historical charm.

House Under 400k North Andover: 197 High Street - Living Room.On the first level, the kitchen and full bath offer enormous space, especially for an 1850’s farmhouse. The whole house shines with hardwoods, pines, and mixed flooring throughout—exactly what you’d hope for in a 19th-century property.

There are spots where this classic shows its age. The screen porch, mud room, pantry, and barn need some TLC. Perfect for a restoration contractor, investor, history buffs, or DIY fixer-uppers. The roof is old but water-tight.

The house sits on the left side of the lot, and includes lots of land for an heavily-settled area like Mechanics Village in North Andover. 197 High Street boasts one of—if not the—largest yards/plots on High Street and the whole surrounding neighborhood.

The house’s mechanicals have been updated in recent years (see photos for a glimpse at the water heater). All windows are replacements, installed relatively recently.

Zillow Facts

  • Lot: 0.32 acres
  • Single Family
  • Built in 1850
  • Last sold: May 1994 for $80,000
  • Price/sqft: $231
  • MLS #: 72127996
  • Candidate for a community solar program
  • Sun Number™: 30

Interested? Get in touch

24 Commonwealth Ave — $325,000

Shawsheen River area in North Andover for under $400k

House Under 400k North Andover: 24 Commonwealth Ave.

24 Commonwealth Ave
Shawsheen River Area
North Andover, MA 01845

Description

House Under 400k North Andover: 24 Commonwealth Ave - Shawsheen River.This classic 1960s home sits on the quiet Shawsheen River, a feed to the Merrimack River not far away.

The small home—3 bed, 1 bath—has been loved and cared for by only one owner since 1960. There are some spots inside where its 1960s style are still visible—but by 2017 standards, it’s a throwback.

The kitchen has brand new appliances (stove and refrigerator) and they are staying with the house. No need to buy new or move your older ones.

The scenic, river-view yard has no other houses on the side or back. Just the quiet Shawsheen River bubbling by.

Zillow Facts

  • Lot: 0.27 acres
  • Single Family
  • Built in 1920
  • Price/sqft: $222
  • MLS #: 72127323
  • Candidate for a community solar program
  • Sun Number™: 30

Interested? Get in touch

12 Ferry Street — $209,000

Sutton Depot area in North Andover for under $400k

House Under 400k North Andover: 12 Ferry Street.

12 Ferry Street
Sutton Depot Area
North Andover, MA 01845

Description

House Under 400k North Andover: 12 Ferry Street - Back Yard.This property can be dual-purpose. Its location and zoning allow it to be used as either single family residential or “Industrial S” business use—or both. And of course, it’s listed at well under $400,000. 47.75% under, to be exact.

That means you could turn this 1900 home into your office/headquarters for a plumbing, electric, carpentry, landscaping, masonry, or other trade business.

It’s on the small side, but that means it has very low heating costs. And given its age and sturdy construction, it also has very low maintenance costs.

It’s a Cape style with room to expand: the second floor has space overlooking big back yard which could easily become a 3rd bedroom.

Zillow Facts

  • Lot: 5,663 sqft
  • Built in 1900
  • Heating: Forced air
  • Price/sqft: $306
  • Candidate for a community solar program
  • Sun Number™: 30
  • 682 sqft basement
  • Attic
  • Cable Ready
  • Flooring: Carpet, hardwood, laminate, linoleum/vinyl
  • Unfinished basement

Interested? Get in touch

How does $400,000 in NA compare?

400k is more than double the current median value of homes in the U.S., which is currently $195,700. But we know North Andover is not like the average American real estate market.

It may be twice the US median value, but 400k is in the lower end of North Andover home price ranges. But still, we’re lucky. In metropolitan markets, 400k won’t buy you a single family house.

City means condos.

In places like Boston, Chicago, New York, and San Diego, 400k is condo-only territory. Though, to be fair, 400k condos in those cities will probably be fairly nice units with walk-in closets and stainless steel appliances.

CBS Money Watch says that buyers who want more bang for their buck should consider cities like Oklahoma City, where $400,000 will buy 3,500 square feet, 4 bedrooms, an acre of land, and a 3-car garage.

You won’t find properties like that for under 400,000 in North Andover, but just for fun—here’s what $400,000 houses look like in cities across the country.

$400,000 houses around the country

Other Houses Under 400k: Atlanta.

Atlanta

  • 3 bed, 2 bath bungalow
  • Median home value: $255,300

Despite being almost double the median value, this 400k house is on the lower end of the market, just like here in NA.

In North Andover, this $400,000 house would cost about $745,005.

Other Houses Under 400k: Boston.

Boston

  • 3 bed, 1 bath, 1,368 sf 1950s-era bungalow (it’s actually in West Roxbury).
  • Median home value: $467,700

This house would cost about $406,670 in North Andover. Not far off its actual $400,000 price tag. Which makes sense, given its proximity.

Other Houses Under 400k: Chicago.

 Chicago

  • 2 bed, 2 bath condo with 12-foot ceilings
  • Median home value: $182,200

This one is a little surprising. The price is more than double the median value, and still the unit is just a 2-br condo.

In North Andover, this condo would cost about $1,043,907. Seems way too high for a 2-BR condo!

Other Houses Under 400k: Miami.

Miami

  • 1 bed, 1 bath, 732 sf condo
  • Median home value: $442,100

Another condo-city example. But is it really any surprise that Miami of all places has high media values?

In North Andover, this 400k condo would cost about $371,903.

Other Houses Under 400k: Oklahoma City.

Oklahoma City

  • 4 bed, 4 bath, French-style brick home
  • Median home value: $228,000

This is a classic example of how metro area impacts home values. This house is gorgeous and would be worth much more than 400k around here.

In North Andover, this house would be worth about $834,210.

Other Houses Under 400k: San Diego.

San Diego

  • 725 sf studio condo with one bathroom
  • Median home value: $500,000

Further evidence that 400k means a condo if you live in a city! And a small condo, at that. San Diego, however, has a reputation of being one of the most expensive cities in America.

In North Andover, this condo would cost about $380,400.

Houses Under $400,000 in North Andover.

Want a home in North Andover for $400k or less?

If you’re in the market for a $400k or less, we should talk. I’ve been selling properties at all price points in the North Andover real estate market for more than 10 years.

If you want a true North Andover real estate expert, contact me today. I can’t wait to help you find your home.

Remember: all the photos in this post are borrowed from MLSPIN and copyright their respective authors/owners.

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