161 Olive Ave, Lawrence, MA 01841

$549,900 · For sale

161 Olive Ave, Lawrence

Welcome to 161 Olive Ave, located in the desirable Tower Hill neighborhood of Lawrence! This move-in-ready single-family bungalow offers a comfortable layout with a great combination of charm and functionality. The home features hardwood flooring throughout the living room and bedrooms, along with an updated kitchen featuring stone countertops. Additional highlights include a dedicated laundry room, an inviting front porch, and a private backyard ideal for relaxing or entertaining. Solar panels add to the home’s energy efficiency. Conveniently situated in Tower Hill with easy access to local amenities, shopping, and major routes. Schedule your private showing today!

About this address

161 Olive Ave is a 3-bedroom, 1-bath single-family home for sale in Lawrence, MA 01841 with 1,336 square feet, asking $549,900. It was built in 1925. It has been on our site since October 29, 2026.

The median asking price among the 10 other 3-bedroom single-family homes for sale in Lawrence is $514,950. This one asks about 7% more. At $412 a square foot, it compares with a median of $318 among the 16 other single-family homes for sale in Lawrence with a stated size.

At 1,336 square feet, it is smaller than 60% of the 10 other 3-bedroom single-family homes in Lawrence with a stated size.

This home is assessed at $456,600 for fiscal year 2026. It last sold for $405,000 in July 2022. The assessor lists a lot of 5,000 square feet.

It scores 23 out of 100 for walkability, from how close everyday places are.

The closest train or subway stop is Lawrence (MBTA Haverhill Line), about 1.8 miles away. The closest bus stop is Riverside Drive & Lowell Street (MeVa route 5), about 0.2 miles away.

The closest public schools by level are Lawrence Family Public Academy (0.2 miles), Alexander B Bruce (0.4 miles) and Gr Lawrence Regional Vocational Technical (0.8 miles). The district decides which school serves an address.

Listing information from MLS Property Information Network (MLS PIN), MLS #73596513, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.

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To ask about this home or book a tour, call Benjamin Realty at (617) 734-5050 or email [email protected].