Apartment Building

Danvers, MA Apartment Buildings for Sale

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Danvers Mixed-Use Investment Opportunity
Updated: May 16
Danvers Mixed-Use Investment Opportunity

15 Cherry Street # 21, 22, 23, 24, Danvers, MA 1923

$1,390,000
4,645 sqft
Mixed‑use property in the heart of downtown Danvers offering strong cash‑flow potential.
Four units: two commercial spaces with high visibility and flexible floor plans, and two well‑maintained residential apartments.
Ample off‑street parking, a rare convenience in a downtown location.
Professionally managed and well‑maintained building.
Conveniently located near restaurants, shops, public transportation, and major commuter routes.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Danvers, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Adjacent 6-Unit Multifamily Buildings
Adjacent 6-Unit Multifamily Buildings

8 Porter St Court, Salem, MA 1970

$4,200,000
13,472 sqft

Two adjacent 3-story, 6-unit buildings offer separately metered utilities, laundry, and parking/garage revenue potential.

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Spacious Mixed-Use Property in Salem
Spacious Mixed-Use Property in Salem

11 Summer St, Salem, MA 1970

$2,500,000
0.30 AC lot

Large mixed-use property with development potential in downtown Salem.

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Multifamily Property with High CAP
Multifamily Property with High CAP

136-141A Franklin Street, Lynn, MA, USA, Lynn, MA 1902

$4,050,000
19,702 sqft

Two buildings with seventeen units and seven parking spaces.

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Renovated Multifamily Building Near Transportation
Renovated Multifamily Building Near Transportation

207 Chestnut St, Lynn, MA 1902

$2,999,000

Newly renovated nine-unit building near transportation and local amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Brooklyn Two-Family Home with Development Potential
Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888
2,660 sqft · 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Danvers, MA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Danvers, MA on our real estate platform. These investment opportunities span a total of 4,645 square feet of properties for sale, with an estimated market value of $1,390,000.

Sale prices for two-family homes in Danvers, MA start at $1,390,000, averaging $1,390,000, and reaching up to $1,390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 28K
Population Growth (5Y) +1.2%
Median Household Income $117,072
College Educated 64.4%

High-Yield Neighborhoods for Investment

Identify Danvers submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01923 $1.4M

Taxes & Financing

Tax Rate (average for all types) 1.77%
Property Tax per SF $14.21 per SF
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Essex County

New Delisted

Total CRE Inventory on Market (SF)

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