For sale

$1,525,000

23 Poplar St, Danvers, MA 01923

7beds

3,653sqft

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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

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.

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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: 9605
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

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

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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