$1,525,000
23 Poplar St
Danvers, MA, 01923
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.
Property Details
Price:
$1,525,000
MLS #:
73543444
Status:
Active
Beds:
7
Baths:
5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Jun 30, 2026
Finished Sq Ft:
3,653
Total Sq Ft:
3,653
Lot Size:
8,058 sqft / 0.18 acres (approx)
Year Built:
1900
Units:
5
Schools
High School:
Danvers High School
Interior
Above Grade Finished Area
3653
Appliances
Washer, Dryer, Range, Refrigerator, Dishwasher
Bathrooms
5 Full Bathrooms
Cooling
None
Flooring
Tile, Carpet, Hardwood, Wood
Heating
Hot Water, Natural Gas
Interior Features
Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Office/Den, Living Room
Levels
5
Exterior
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
Construction Materials
Frame
Exterior Features
Balcony, Rain Gutters
Lot Features
Corner Lot, Level
Open Parking Spaces
10
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
10
Parking Total
10
Patio And Porch Features
Porch
Roof
Slate
Stories
5
Waterfront Features
Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Financial
Tax Year
2026
Taxes
$10,297
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Multi Family in Danvers as of Jul 17, 2026
11
Multi Family Listed
40
Avg DOM
365
Avg $ / SqFt
$1,078,973
Avg List Price
Community
- Address23 Poplar St Danvers MA
- CityDanvers
- CountyEssex
- Zip Code01923
Subdivisions in Danvers
Similar Listings Nearby
Property Summary
- 23 Poplar St Danvers MA is a Multi Family for sale in Danvers, MA, 01923. It is listed for $1,525,000 To schedule a showing of MLS#73543444 at 23 Poplar St in Danvers, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Lux Realty North Shore. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
23 Poplar St
Danvers, MA