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    Danvers, MA
    Residential Income

    Danvers, MA Residential Income Properties for Sale

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    Danvers Two-Family Home
    Updated: Apr 13
    Danvers Two-Family Home

    12 Chestnut St, Danvers, MA 01923

    $919,900
    2,273 sqft
    Two‑family home ideal for investors or owner‑occupants.
    Both units feature in‑unit laundry and stainless steel appliances.
    Upper unit offers 3 bedrooms and 2 full bathrooms across two levels.
    Convenient Danvers location near shopping, dining, and commuter routes.
    Includes a one‑car garage and four off‑street parking spaces.
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    This listing looks promising.

    Here's a quick look at some key insights for

    12 Chestnut St, Danvers, MA 01923

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $38K
      Annual

    • Price @ 7% Cap

      $547K
      Suggested

    • Property Type

      Duplex
      Built 1875
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    Mixed-Use Property in Downtown Danvers
    Updated: Nov 28, 2025
    Mixed-Use Property in Downtown Danvers

    15 Cherry St 21,22,23,24, Danvers, MA 01923

    $1,390,000
    0.10 AC lot
    Prime downtown Danvers location offers exceptional convenience.
    Mixed‑use property provides strong income potential with two commercial units and two residential apartments.
    Ample off‑street parking is a rare and valuable asset.
    Well‑maintained professional building is professionally managed.
    Commercial suites have excellent street visibility and flexible layouts.
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    Mixed-Use Property in Downtown Danvers
    Mixed-Use Property in Downtown Danvers

    15 Cherry St, Danvers, MA 01923

    Contact for pricing
    4,500 sqft

    Mixed-use property with commercial and residential units in downtown Danvers.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 Active listings in Danvers, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, 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.

    Renovated Two-Family with In-Unit Laundry
    Renovated Two-Family with In-Unit Laundry

    6-8 Harmony St, Salem, MA 01970

    $919,900
    3,162 sqft 0.13 AC lot

    Recently renovated duplex with two units, including second-floor in-unit washer and dryer.

    View details
    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    13 Central Street, Salem, MA 01970

    $2,290,000
    6,442 sqft

    Three-story mixed-use building with a ground-floor restaurant and residential apartments above.

    View details
    Two-Family with Attached Garage
    Two-Family with Attached Garage

    33 Warren Street, Peabody, MA 01960

    $945,000
    3,341 sqft

    Well-maintained, fully occupied duplex with off-street parking and a walk-up third floor offering flexible space.

    View details
    Approved Condominium Development Opportunity
    Approved Condominium Development Opportunity

    55 Pulaski St, Peabody, MA 01960

    $3,250,000

    Approved 22-unit condominium project near Route 114 in Peabody.

    View details

    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.

    Residential Land in East Boxford
    Residential Land in East Boxford

    20-B Wildmeadow Road, Boxford, MA 01921

    $425,000
    6.27 AC lot

    6.27 acre lot with approved septic plans.

    View details
    Newbury Land: Build Opportunity
    Newbury Land: Build Opportunity

    18 Forest St, Newbury, MA 01922

    $750,000
    5.34 AC lot

    5+ acre land parcel in Newbury, MA for development.

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    Buildable Land in Billerica, MA
    Buildable Land in Billerica, MA

    17 Glenvale Ave, Billerica, MA 01821

    $214,900
    0.24 AC lot

    Approved 10,300 sq ft lot in a desirable location.

    View details
    Development Opportunity on Andover Street
    Development Opportunity on Andover Street

    1575 Andover St, Tewksbury, MA 01876

    $2,000,000
    2.10 AC lot

    Two parcels totaling over 2.1 acres for development.

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    Off-Market Properties in Danvers, MA

    Consider similar Off-Market properties in Danvers, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    44 Summer St
    BOARDING/ROOMING HOUSE

    44 Summer St, Danvers, MA 01923-1574

    $1,250,000
    Estimated value
    26,231 sqft 2.23 AC lot
    View details
    50 Endicott St
    BOARDING/ROOMING HOUSE

    50 Endicott St, Danvers, MA 01923-4814

    $40,975,000
    Estimated value
    158,572 sqft 10.00 AC lot
    View details
    1 Veronica Dr
    BOARDING/ROOMING HOUSE

    1 Veronica Dr, Danvers, MA 01923-5213

    $5,890,000
    Estimated value
    34,006 sqft 2.11 AC lot
    View details
    9 Summer St
    BOARDING/ROOMING HOUSE

    9 Summer St, Danvers, MA 01923-1558

    $10,380,000
    Estimated value
    62,130 sqft 5.83 AC lot
    View details

    Danvers, MA Residential Income Properties Market Trends and Statistics

    Explore 7 residential income properties for sale in Danvers, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,273 square feet of properties for sale, with an estimated market value of $919,900.

    Sale prices for residential income properties in Danvers, MA start at $919,900, averaging $919,900, and reaching up to $919,900 — 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

    Multifamily properties 3
    Duplexes 1

    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 $956K

    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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