Sold for $700,000

$700,000

38 Clement Ave, Peabody, MA 01960

4beds

2,656sqft

Multi Family

Built in 1880

-- sqft lot

$824,800 Zestimate^®

$264/sqft

$3,500 Estimated rent

Home value

$824,800

$767,000 - $891,000

$3,500/mo

Zestimate^® history

Owner options

List your home for rent

$3,500/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,500/mo

Rent Zestimate^®

Refinance and save

$4,373/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,373/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Rear porchFenced yardBonus roomHardwood floorsNew frontWalk-out basementNew oil tank

Peabody Two-Family Home! BACK ON MARKET due to financing! Here is your chance to own this 2-Family Home that is a perfect opportunity for a owner occupant, investor, extended family and be able to collect rental income. The first level unit consists of Living Room, Dining Room, Kitchen, 2 Bedrooms, and 1 bath. The second level unit consists of Living Room, Eat-In-Kitchen, hardwood floors, 2 Bedrooms, Bonus Room, 1 bath, and walk-up finished attic which is not heated. Additional features include one heating unit hot air by oil with new oil tank, two separate hot water by gas, walk-out basement that is finished for extra living space with full bath, new front and rear porch, 1-car garage, off-street parking for 4+cars with double driveway and fenced yard. Property does not qualify for FHA financing. Conveniently located and close to shopping, park, and public transportation. Open House Saturday, October 7th from 12-1:30 p.m.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Appliances

Included: Range, Dishwasher

Features

Bathroom with Shower Stall, Floored Attic, Walk-Up Attic, Living Room, Dining Room, Kitchen
Flooring: Tile, Vinyl, Carpet, Hardwood
Basement: Full,Partially Finished,Interior Entry,Concrete
Has fireplace: No

Interior area

Total structure area: 2,656
Total interior livable area: 2,656 sqft

Property

Parking

Total spaces: 3
Parking features: Paved Drive, Off Street
Garage spaces: 1
Uncovered spaces: 2

Features

Patio & porch: Porch

Lot

Size: 7,732 Square Feet
Features: Corner Lot

Details

Parcel number: M:0104 B:0075,2108816
Zoning: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1880

Utilities & green energy

Electric: 220 Volts, Circuit Breakers, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Shopping, Park

Location

Region: Peabody

Financial & listing details

Price per square foot: $264/sqft
Tax assessed value: $544,200
Annual tax amount: $5,181
Date on market: 12/11/2025
Listing terms: Contract
Total actual rent: 0

Price history

Date	Event	Price
11/30/2023	Sold	$700,000+4.5%$264/sqft
Source: MLS PIN #73156813 Report a problem
10/11/2023	Contingent	$669,900$252/sqft
Source: MLS PIN #73156813 Report a problem
9/29/2023	Listed for sale	$669,900$252/sqft
Source: MLS PIN #73156813 Report a problem
9/14/2023	Contingent	$669,900$252/sqft
Source: MLS PIN #73156813 Report a problem
9/7/2023	Listed for sale	$669,900+245.3%$252/sqft
Source: MLS PIN #73156813 Report a problem
6/26/1998	Sold	$194,000$73/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,262 +1.1%	$676,200 -0.5%
2024	$6,196 +19.6%	$679,400 +24.8%
2023	$5,181	$544,200
2022	$5,181 +1.7%	$544,200 +12.1%
2021	$5,094 +5.2%	$485,600 +7.7%
2020	$4,843 +2.8%	$450,900 +5.4%
2019	$4,712 +15.9%	$428,000 +20.7%
2018	$4,065 +1.8%	$354,700 +4.4%
2017	$3,994 +5.5%	$339,600 +6.9%
2016	$3,787 +5.2%	$317,700 +8.6%
2015	$3,599 +7.8%	$292,600 +8.7%
2014	$3,338 +0.8%	$269,200 -2.6%
2013	$3,310 -1.3%	$276,300 -2.6%
2012	$3,353 +2.1%	$283,700
2011	$3,285 +2.5%	$283,700 -7%
2010	$3,205 -5.2%	$305,200 -16%
2009	$3,381 +2%	$363,500 -4.9%
2008	$3,314 +0.8%	$382,200 -9.8%
2007	$3,287 +4.3%	$423,600 +2.1%
2006	$3,152 +6.8%	$414,800 +16.7%
2005	$2,950 +2.6%	$355,400
2004	$2,875 +26.9%	$355,400 +48.2%
2003	$2,266 +25.1%	$239,800 +9.7%
2001	$1,811 +7.4%	$218,500 +26%
1999	$1,687	$173,400