Rare opportunity to acquire a 5-unit multifamily property in a popular and accessible Danvers location! Situated on a corner lot with approximately 3,653 square feet of living area, this income-producing asset consists of a desirable mix of five 2BD/1BA and 1BD/1BA units, generating approximately $119,000 in annual gross income. The property offers desirable tenant amenities including ample off-street parking with two spaces per unit and common laundry facilities. Several units feature updated kitchens, renovated baths, refreshed flooring, and spacious layouts, while the building retains much of its original character and charm. Two units have the added benefit of private exterior entrances. Located near downtown Danvers, shopping, restaurants, parks, commuter routes, and public transportation, this is an attractive addition to any investment portfolio. Strong in-place cash flow, stable tenancy, and future upside potential make this a compelling offering.
For sale
$1,525,000
23 Poplar St, Danvers, MA 01923
7beds
3,653sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$417/sqft
$-- HOA
What's special
Original character and charmCommon laundry facilitiesCorner lotUpdated kitchensPrivate exterior entrancesRenovated bathsRefreshed flooring
- 46 days |
- 429 |
- 15 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
The Pizzo Group 978-317-6139,
Aluxety 800-806-3212,
Henry Pizzo 978-317-6139
Source: MLS PIN,MLS#: 73543444
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Washer, Dryer, Range, Refrigerator, Dishwasher
Features
- Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Office/Den, Living Room
- Flooring: Tile, Carpet, Hardwood, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,653
- Total interior livable area: 3,653 sqft
- Finished area above ground: 3,653
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 10
Features
- Patio & porch: Porch
- Exterior features: Balcony, Rain Gutters
- Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Frontage length: 209.00
Lot
- Size: 8,058 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 1877786
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone, Brick/Mortar
- Roof: Slate
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks
Location
- Region: Danvers
Financial & listing details
- Price per square foot: $417/sqft
- Tax assessed value: $1,060,700
- Annual tax amount: $10,297
- Date on market: 6/30/2026
- Total actual rent: 9680
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $1,525,000$417/sqft |
Source: MLS PIN #73543444 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01923
Nearby schools
GreatSchools rating
- 5/10Great Oak Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Holten Richmond Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Danvers High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- High: Danvers High School
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $2,2001 bd1 ba-- sqft23 Poplar St APT 5, Danvers, MA 01923For Rent
- $920,5003 bd3 ba3.7k sqft34 Locust St, Danvers, MA 01923Off Market
- $923,4004 bd2 ba2.6k sqft19 Poplar St, Danvers, MA 01923Off Market
- $1,182,10011 bd4 ba5.8k sqft38 Locust St, Danvers, MA 01923Off Market
- $--5 bd2 ba2.4k sqft38 Locust St FLOOR 2, Danvers, MA 01923Off Market
- $--4 bd2 ba1.6k sqft26 Poplar St, Danvers, MA 01923Off Market
- $--2 bd1 ba-- sqft32 Locust St APT 2, Danvers, MA 01923Off Market
- $313,0002 bd1 ba855 sqft35 Locust St APT 3, Danvers, MA 01923Sold
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $1,295,0018 bd3 ba4.2k sqft14 Poplar St, Danvers, MA 01923For Sale
MLS ID #73531541, Francesca Little, Little & Co., REALTORS®. MLS PIN - $1,499,0008 bd2 ba3.1k sqft110 W Adams St, Somerville, MA 02144For Sale
MLS ID #73561351, McTague Realty Group, REMAX Andrew Realty Services. MLS PIN - $1,299,9008 bd3 ba4.1k sqft26 Abbott St, Beverly, MA 01915For Sale
MLS ID #73555966, Joseph Firicano, Boston Hub Real Estate. MLS PIN - $1,799,0006 bd5 ba3.1k sqft98 Main St, Peabody, MA 01960For Sale
MLS ID #73554040, The Pizzo Group, Aluxety. MLS PIN - $1,149,0007 bd4 ba3.8k sqft328-330 Cabot St, Beverly, MA 01915For SaleMLS ID #73541603, Creatini Group, eXp Realty LLC - Corporate Office. MLS PIN
- $1,399,9997 bd5 ba3.5k sqft204 Eastern Ave, Lynn, MA 01902For SaleMLS ID #73541580, Nikki Martin Team, Compass. MLS PIN
- $1,500,0006 bd5 ba4k sqft29-31 Sprague St, Malden, MA 02148For SaleMLS ID #73531709, Ryan Bartlett, Greater Metropolitan R. E.. MLS PIN
- $1,549,0008 bd3 ba3.3k sqft34 Summer St, Somerville, MA 02143For SaleMLS ID #73561000, Nathan Long, Coldwell Banker Realty - Cambridge. MLS PIN
- $1,539,9997 bd3 ba3.6k sqft36-38 Gardena St, Brighton, MA 02135For SaleMLS ID #73558205, Paul Bombara, Leverage Real Estate, LLC. MLS PIN
- $1,450,0006 bd3 ba3.7k sqft124 Forest St, Medford, MA 02155For SaleMLS ID #73547016, Jason Pan, Midtown Properties, Inc.. MLS PIN
- $1,495,00010 bd7 ba4.7k sqft19 Fernwood Ave, Revere, MA 02151For SaleMLS ID #73559548, Michelle Joslin-Chaves, Leading Edge Real Estate. MLS PIN
- $1,499,0007 bd4 ba2.8k sqft63 Coolidge Rd, Allston, MA 02134For SaleMLS ID #73561037, Nathan Long, Coldwell Banker Realty - Cambridge. MLS PIN
- $899,0008 bd2 ba3.3k sqft33 Warren St, Peabody, MA 01960For SaleMLS ID #73530338, Shola Oguntolu, Keller Williams Realty Evolution. MLS PIN
- $1,500,0004 bd4 ba3.2k sqft826 Broadway, Everett, MA 02149For SaleMLS ID #73497247, Chuck Silverston Team, Gibson Sotheby's International Realty. MLS PIN
- $1,100,0006 bd4 ba3.7k sqft228-230 Euclid Ave, Lynn, MA 01904For SaleMLS ID #73532245, Aranson Maguire Group, Compass. MLS PIN
- $1,499,0004 bd3 ba3.5k sqft1 Toms Way, Stoneham, MA 02180For SaleMLS ID #73539800, Mary Kelly, Century 21 Property Central Inc.. MLS PIN
- $1,250,0004 bd4 ba3.7k sqft49 Atlantic Ter, Lynn, MA 01902For SaleMLS ID #73533690, Beth Jacobs, Coldwell Banker Realty - Marblehead. MLS PIN
- $1,595,0007 bd3 ba3.6k sqft126 Summer St, Somerville, MA 02143For SaleMLS ID #73516983, Melanie Lentini, Leading Edge Real Estate. MLS PIN
- $1,165,0006 bd3 ba3.5k sqft60 Commercial St, Lynn, MA 01905For SaleMLS ID #73549256, Edwin Romero, eXp Realty LLC. MLS PIN
- $1,099,9006 bd7 ba4.3k sqft7 Prospect St, Woburn, MA 01801For SaleMLS ID #73561872, Paul A. Conti, Paul Conti Real Estate. MLS PIN
