23 Poplar St, Danvers MA 01923
Danvers, MA 01923
$1,525,000
Est. $8,769/month
Track this home for price, status, and open-house alerts.
About this home
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.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Market Insights
Property Timeline
Showing Instructions Updated
Jun 30, 2026
New showing requirements
Listed for Sale
Jun 30, 2026
$1,525,000
Original listing
Agent: The Pizzo Group
Office: Aluxety
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/30/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 06/30/2026 | 🏠 Listed for Sale | $1,525,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $10,297 | $1,060,700 |
Financial Details
Annual Property Tax
$10,297
Tax Year 2026
Assessed Value
$1,060,700
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1900
Living Area
3,653 sq ft
Lot Size
0.18 acres
Bedrooms
7
Full Baths
5
Total Rooms
15
Investment Metrics
Units
5
Unit 1 Rent
$1,715/mo · Y
Unit 2 Rent
$1,950/mo · Y
Unit 3 Rent
$1,815/mo · Y
Unit 4 Rent
$2,200/mo · Y
Total Monthly Rent
$7,680/mo
Gross Income
$118,935
Net Operating Income
$80,076
Operating Expenses
$38,859
Cap Rate
5.25%
Interior
Heating
Hot Water, Natural Gas
Cooling
None
Flooring
Tile, Carpet, Hardwood, Wood
Appliances
Washer, Dryer, Range, Refrigerator, Dishwasher
Fireplace
None
Basement
None
Laundry
None
Features
Bathroom With Tub & Shower, Bathroom With Shower Stall, Kitchen, Office/den, Living Room
Exterior
Construction
Frame
Architecture
None
Roof
Slate
Features
Balcony, Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
10
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,297
Assessed Value
$1,060,700
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Blue
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
34 days
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
5
Living Area
3,653 sq ft
Total Rooms
15
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,653 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Carpet, Hardwood, Wood
Appliances:
Washer, Dryer, Range, Refrigerator, Dishwasher
Interior Features:
Bathroom With Tub & Shower, Bathroom with Shower Stall, Kitchen, Office/Den, Living Room
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Slate
Foundation:
Stone, Brick/Mortar
Stories:
5
Heating, Cooling & Utilities
Heating:
Hot Water, Natural Gas
Cooling:
None
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony, Rain Gutters
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Corner Lot, Level
Road Frontage:
209.00 ft
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
10
Parking Features:
Paved Drive, Off Street, Paved
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
Elementary Schools
3 schools
C+
Great Oak School
0.6 mi
|
#554 of 824
|
Score: 42.8
Dropped 203 spots from last year
-15.4 below state avg
291 students
Moderate
Grades K-05
St. Mary of the Annunciation School
0.6 mi
Grades PK-08
B-
Willis E Thorpe School
0.9 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
Middle Schools
2 schools
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
B+
Beverly Middle School
2.6 mi
|
#140 of 352
|
Score: 45.2
Improved 24 spots from last year
-13.1 below state avg
1,388 students
Moderate
Rising School
Grades 05-08
High Schools
3 schools
Northeast ARC
0.7 mi
Grades 06-12
B
Danvers High School
1.0 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
St. John's Prep School
1.1 mi
Grades 06-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$858
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
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
Loading map...
Neighborhood
23 Poplar St, Danvers MA 01923
Danvers, MA 01923
Listing Information
Listing Agent
The Pizzo Group
Listing Office
Aluxety
Office Phone
800-806-3212
Agent MLS ID
TM319354
Office MLS ID
AN8387
Listing Data Updated
Aug 3, 2026 8:43 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Danvers.