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Danvers, MA Apartment Buildings for Sale

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Five-Unit Multifamily Corner Property
Updated: Jun 30
Five-Unit Multifamily Corner Property

23 Poplar St, Danvers, MA 01923

$1,525,000
3,653 sqft
5‑unit corner‑lot multifamily building with approx. 3,653 SF of living area
Unit mix: five units total—2BD/1BA and 1BD/1BA apartments
Approx. $119,000 in annual gross income
Two off‑street parking spaces per unit plus common laundry facilities
Several units with updated kitchens, renovated baths, and refreshed flooring
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23 Poplar St, Danvers, MA 01923

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Danvers, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

9-Unit Apartment Building
9-Unit Apartment Building

364-366 Essex Street, Salem, MA 01970

$2,200,000
9,044 sqft 0.13 AC lot

Two-building apartment property with a varied unit mix, off-street parking, and landlord-provided utilities.

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Mixed-Use Retail and Apartments
Mixed-Use Retail and Apartments

7 WALLIS ST, Beverly, MA 01915

Contact for pricing
6,722 sqft

Mixed-use building offers both retail space and residential units in Beverly, MA.

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Five-Unit Apartment Building
Five-Unit Apartment Building

19 Essex St, Beverly, MA 01915

$1,400,000

A varied bedroom mix is paired with off-street tenant parking and access to Beverly’s central amenities.

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Historic Six-Unit Multifamily Building
Historic Six-Unit Multifamily Building

395 Essex, Salem, MA 01970

$1,795,000

Six apartments in a circa-1735 Georgian Colonial include updated gas heating and multiple original fireplaces.

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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 3,653 square feet of properties for sale, with an estimated market value of $1,525,000.

Sale prices for two-family homes in Danvers, MA average $1,525,000 — 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 $1.5M

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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