Apartment Building

Peabody, MA Apartment Buildings for Sale

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Salem, MA Danvers, MA Beverly, MA
Approved Condominium Development Opportunity
Updated: Apr 25, 2025
Approved Condominium Development Opportunity

55 Pulaski St, Peabody, MA 1960

$3,250,000
Approved 22‑unit condominium project: Turnkey development opportunity.
Prime location: Just off Route 114 with easy access to Boston and the North Shore.
High‑demand, growth‑oriented area: Excellent investment potential.
Thoughtfully designed units: Approximately 1,000 sq ft with 2 bedrooms and 1.5 bathrooms.
Open‑concept living areas and well‑appointed kitchens: Modern living appeal.
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Peabody, 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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17-Unit Multifamily Development Opportunity
17-Unit Multifamily Development Opportunity

64 Ward St, Salem, MA 1970

$1,395,000

Concept plans for studio through two-bedroom units, with potential Chapter 40R redevelopment in Salem.

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Investment
Investment

145 Lewis St, Lynn, MA 1902

$6,100,000

Apartment buildings

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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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Peabody, MA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Peabody, MA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,250,000.

Sale prices for two-family homes in Peabody, MA start at $3,250,000, averaging $3,250,000, and reaching up to $3,250,000 — 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 54K
Population Growth (5Y) +2.7%
Median Household Income $95,173
College Educated 22.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
01960 $3.3M

Taxes & Financing

Tax Rate (average for all types) 1.84%
Property Tax per SF $14.90 per SF
Tax Rate vs County Average 0.14 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)

Property Size Breakdown

The majority of commercial real estate listings in Peabody fall within the 100,000+ square foot range.

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