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    Danvers, MA
    Quadplex

    Danvers, MA Quadplexes for Sale

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    Quadplex with River Views
    Updated: Jun 24
    Quadplex with River Views

    39 Needham Rd, Danvers, MA 01923

    $1,200,000
    3,704 sqft
    3,704 SF quadplex with four residential units
    Three of four units are currently vacant
    Two separate garage bays
    Overlooks the Crane River
    Built in 1920
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    This listing looks promising.

    Here's a quick look at some key insights for

    39 Needham Rd, Danvers, MA 01923

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $62K
      Annual

    • Price @ 7% Cap

      $891K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1920
    View Property Analytics
    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.

    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    90 Essex St, Lynn, MA 01902

    $1,795,000
    8,672 sqft 0.12 AC lot

    Four occupied spaces combine commercial frontage with three residential units and off-street parking.

    View details
    Turnkey Residential Income Property
    Turnkey Residential Income Property

    90 Essex St, Lynn, MA 01902

    $1,850,000
    6,108 sqft

    Extensively renovated income property with modern systems and three well-appointed residences featuring in-unit laundry.

    View details
    Mixed-Use Property with Four Apartments
    Mixed-Use Property with Four Apartments

    306 Main Street, Wakefield, MA 01880

    $1,550,000
    3,542 sqft

    Business-zoned property combining leased residential units with first-floor commercial space and off-street parking.

    View details
    Wakefield Four-Family Home
    Wakefield Four-Family Home

    43-45 Crescent St, Wakefield, MA 01880

    $1,000,000

    Well-maintained four-family home in convenient Wakefield location.

    View details

    Danvers, MA Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Danvers, MA on our real estate platform. These investment opportunities span a total of 3,704 square feet of properties for sale, with an estimated market value of $1,200,000.

    Sale prices for four-unit buildings in Danvers, MA average $1,200,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Apartment buildings 3
    Quadplexes 1
    Triplexes 1

    Demographics Overview

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

    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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