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12 Chestnut St, Danvers MA 01923

Danvers, MA 01923
$919,900
Est. $5,554/month
5
Beds
3
Baths
2,273
Sq Ft
$405
Price/Sq Ft
0.20
Acres
1875
Year Built
Multi Family
Type
15 hours 3 minutes
Time on Market
Active Listed Apr 13, 2026 • MLS# 73500696 Copied!

About this home

Spacious and well-appointed two-family home in a convenient Danvers location, ideal for both investors and owner-occupants. The first-floor unit offers 2 bedrooms and 1 full bath, featuring in-unit laundry and a functional, easy-living layout. The upper unit spans two levels and includes 3 bedrooms and 2 full bathrooms, providing ample living space and flexibility. Both units are outfitted with stainless steel appliances and in-unit laundry, adding to the property’s overall appeal. Additional highlights include a one-car garage and four off-street parking spaces, with two designated spots per unit. A strong opportunity for rental income or for an owner looking to offset expenses, with potential to further enhance value over time. Conveniently situated near shopping, dining, and major commuter routes.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1875
Bedrooms
5
Full Bathrooms
3
Living Area
2,273 sq ft
Total Rooms
9
Stories
3
Levels
3

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1875
Living Area 2,273 sq ft
Lot Size 0.20 acres
Bedrooms 5
Full Baths 3
Total Rooms 9

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None

Parking

Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 5

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,426
Assessed Value $766,700

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1875
Structure Type:
Exterior Materials:
Roof:
Foundation: Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

12 Chestnut St, Danvers MA 01923

Danvers, MA 01923

Walkability

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Nearby Schools

School District
Danvers School District local
A-
✓ School Safety 2024-25
2.3% Average
1.9% Suspensions 2.3% In-School 0.4% Emergency
↓ 3.2% below state avg
E

Elementary Schools

7 schools
St. Mary of the Annunciation School
0.8 mi
Grades PK-08
Great Rock Christian Academy
2.4 mi
Grades PK-12
C+
Great Oak School
0.7 mi | #554 of 824 | Score: 42.8
Dropped 203 spots from last year
-15.4 below state avg
291 students Moderate
Grades K-05
B-
Willis E Thorpe School
0.8 mi | #435 of 824 | Score: 46.6
Dropped 167 spots from last year
-11.6 below state avg
294 students Less Diverse
Grades K-05
B+
Riverside School
1.0 mi | #304 of 824 | Score: 50.8
Improved 132 spots from last year
-7.4 below state avg
350 students Moderate
Rising School
Grades PK-05
B-
Highlands School
1.3 mi | #486 of 824 | Score: 45.2
Improved 156 spots from last year
-13 below state avg
385 students Moderate
Rising School
Grades K-05
B+
Ivan G Smith School
1.4 mi | #333 of 824 | Score: 49.7
Improved 40 spots from last year
-8.5 below state avg
389 students Moderate
Rising School Strong Attendance
Grades K-05
M

Middle Schools

1 school
B-
Holten Richmond Middle School
0.4 mi | #183 of 352 | Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students Moderate
Grades 06-08
H

High Schools

5 schools
Northeast ARC
0.9 mi
Grades 06-12
St. John's Prep School
1.1 mi
Grades 06-12
B
Danvers High School
0.8 mi | #158 of 346 | Score: 54.4
Dropped 16 spots from last year
-3.9 below state avg
784 students Moderate
17 sports • 1,436 athletes
Early College Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Northeast Behavioral Health
2.4 mi
Grades 09-12
A-
Essex North Shore Agricultural and Technical School
2.6 mi | #76 of 346 | Score: 63.1
Improved 23 spots from last year
+4.9 above state avg
1,830 students Moderate
Strong AP Program Early College Program High Graduation Rate Rising School
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $702
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
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Current Rate
$0/mo
+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 13, 2026
$919,900
Original listing
Agent: Herrick Lutts Realty Partners Office: Herrick Lutts Realty Partners

Price & Status History

Date Event Price Change
Apr 13, 2026 New Listing Added $919,900 —

Market Statistics

Time on Market
15 hours 3 minutes
Price per Sq Ft
$405

Tax History

Year Taxes Assessment
2025 $8,426 $766,700

Financial Details

Annual Property Tax
$8,426
Tax Year 2025
Assessed Value
$766,700

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Herrick Lutts Realty Partners
Agent MLS ID TM312527
Office MLS ID AN6507
Listing Data Updated Apr 13, 2026 3:58 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Danvers, MA

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