For sale

$2,750,000

46-48 Walnut St, Peabody, MA 01960

5beds

10,231sqft

$17,779/mo

Get pre-qualified

5+ Family - 5+ Units Up/Down

Built in 1930

-- sqft lot

$2,487,600 Zestimate^®

$269/sqft

$-- HOA

What's special

Exceptional mixed-use opportunity in Peabody's downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer’s request, the seller may be able to terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 - 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes.

178 days
178
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5

Features

Living Room, Kitchen
Has basement: No
Has fireplace: No

Interior area

Total structure area: 10,231
Total interior livable area: 10,231 sqft
Finished area above ground: 10,231

Property

Lot

Size: 6,839 Square Feet
Features: Level

Details

Parcel number: M:0085 B:0028
Zoning: GBD

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Frame, Brick
Foundation: Other
Roof: Shingle,Rubber

Condition

Year built: 1930

Utilities & green energy

Electric: 220 Volts
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Park, Medical Facility, Laundromat

Location

Region: Peabody

Financial & listing details

Price per square foot: $269/sqft
Tax assessed value: $809,200
Annual tax amount: $15,390
Date on market: 3/16/2026
Exclusions: Excludes Any Fixtures And Equipment Owned By Bakery Tenants.
Total actual rent: 5700

Estimated market value

$2,487,600

$2.36M - $2.61M

$3,087/mo

Price history

Date	Event	Price
3/17/2026	Listed for sale	$2,750,000-5.2%$269/sqft
Source: MLS PIN #73487396 Report a problem
3/6/2026	Listing removed	$2,900,000$283/sqft
Source: eXp Realty #73442456 Report a problem
11/13/2025	Price change	$2,900,000-22.7%$283/sqft
Source: MLS PIN #73442456 Report a problem
10/10/2025	Listed for sale	$3,750,000$367/sqft
Source: MLS PIN #73442456 Report a problem