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4 Butler Ave, Danvers MA 01923 - Preview 1 4 Butler Ave, Danvers MA 01923 - Preview 2 4 Butler Ave, Danvers MA 01923 - Preview 3 4 Butler Ave, Danvers MA 01923 - Preview 4 4 Butler Ave, Danvers MA 01923 - Preview 5 4 Butler Ave, Danvers MA 01923 - Preview 6 4 Butler Ave, Danvers MA 01923 - Preview 7 4 Butler Ave, Danvers MA 01923 - Preview 8 4 Butler Ave, Danvers MA 01923 - Preview 9 4 Butler Ave, Danvers MA 01923 - Preview 10 4 Butler Ave, Danvers MA 01923 - Preview 11 4 Butler Ave, Danvers MA 01923 - Preview 12 4 Butler Ave, Danvers MA 01923 - Preview 13 4 Butler Ave, Danvers MA 01923 - Preview 14 4 Butler Ave, Danvers MA 01923 - Preview 15 4 Butler Ave, Danvers MA 01923 - Preview 16 4 Butler Ave, Danvers MA 01923 - Preview 17 4 Butler Ave, Danvers MA 01923 - Preview 18 4 Butler Ave, Danvers MA 01923 - Preview 19 4 Butler Ave, Danvers MA 01923 - Preview 20 4 Butler Ave, Danvers MA 01923 - Preview 21 4 Butler Ave, Danvers MA 01923 - Preview 22 4 Butler Ave, Danvers MA 01923 - Preview 23 4 Butler Ave, Danvers MA 01923 - Preview 24 4 Butler Ave, Danvers MA 01923 - Preview 25 4 Butler Ave, Danvers MA 01923 - Preview 26 4 Butler Ave, Danvers MA 01923 - Preview 27 4 Butler Ave, Danvers MA 01923 - Preview 28 4 Butler Ave, Danvers MA 01923 - Preview 29 4 Butler Ave, Danvers MA 01923 - Preview 30 4 Butler Ave, Danvers MA 01923 - Preview 31 4 Butler Ave, Danvers MA 01923 - Preview 32 4 Butler Ave, Danvers MA 01923 - Preview 33 4 Butler Ave, Danvers MA 01923 - Preview 34 4 Butler Ave, Danvers MA 01923 - Preview 35
4 Butler Ave, Danvers MA 01923 - Preview 1 4 Butler Ave, Danvers MA 01923 - Preview 2 4 Butler Ave, Danvers MA 01923 - Preview 3 4 Butler Ave, Danvers MA 01923 - Preview 4 4 Butler Ave, Danvers MA 01923 - Preview 5 4 Butler Ave, Danvers MA 01923 - Preview 6 4 Butler Ave, Danvers MA 01923 - Preview 7 4 Butler Ave, Danvers MA 01923 - Preview 8 4 Butler Ave, Danvers MA 01923 - Preview 9 4 Butler Ave, Danvers MA 01923 - Preview 10 4 Butler Ave, Danvers MA 01923 - Preview 11 4 Butler Ave, Danvers MA 01923 - Preview 12 4 Butler Ave, Danvers MA 01923 - Preview 13 4 Butler Ave, Danvers MA 01923 - Preview 14 4 Butler Ave, Danvers MA 01923 - Preview 15 4 Butler Ave, Danvers MA 01923 - Preview 16 4 Butler Ave, Danvers MA 01923 - Preview 17 4 Butler Ave, Danvers MA 01923 - Preview 18 4 Butler Ave, Danvers MA 01923 - Preview 19 4 Butler Ave, Danvers MA 01923 - Preview 20 4 Butler Ave, Danvers MA 01923 - Preview 21 4 Butler Ave, Danvers MA 01923 - Preview 22 4 Butler Ave, Danvers MA 01923 - Preview 23 4 Butler Ave, Danvers MA 01923 - Preview 24 4 Butler Ave, Danvers MA 01923 - Preview 25 4 Butler Ave, Danvers MA 01923 - Preview 26 4 Butler Ave, Danvers MA 01923 - Preview 27 4 Butler Ave, Danvers MA 01923 - Preview 28 4 Butler Ave, Danvers MA 01923 - Preview 29 4 Butler Ave, Danvers MA 01923 - Preview 30 4 Butler Ave, Danvers MA 01923 - Preview 31 4 Butler Ave, Danvers MA 01923 - Preview 32 4 Butler Ave, Danvers MA 01923 - Preview 33 4 Butler Ave, Danvers MA 01923 - Preview 34 4 Butler Ave, Danvers MA 01923 - Preview 35

4 Butler Ave, Danvers MA 01923

Danvers, MA 01923 • Danvers Center
$1,499,999
Est. $8,626/month
7
Beds
5
Baths
4,222
Sq Ft
$355
Price/Sq Ft
0.21
Acres
1900
Year Built
7
Parking
5+ Family - 5+ Units Up/Down
Type
31
Days on Market
Pending Listed Dec 4, 2025 • MLS# 73459936 Copied! • Updated Jan 9, 2026

About this home

Exceptional investment opportunity! This well-maintained 5-family property offers 7 bedrooms+ and 5 bathrooms across multiple units, providing a strong foundation for steady rental income or multi-generational living. Located in a prime area, the property is close to shops, restaurants, transit & local amenities—highly attractive to prospective tenants. Each unit benefits from dedicated off-street parking. Utilities are fully separated, placing operating costs directly with tenants and maximizing net returns. The basement features a co-operated laundry setup for tenants, creating additional convenience and income potential. This property is low maintenance and turnkey. Brand new back stairs/deck. Many upgrades in varying units. Great tenants. Whether you’re expanding your portfolio or seeking a reliable income-producing asset, this property delivers consistent demand and exceptional investment performance.** Group showings ONLY by appointment—reach out to LIST agent for more info*

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Recently Sold Nearby

Property History

Market Insights

1.7%
Price Range
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73460207
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 2, 2026
$1,475,000
MLS #73460207
View Listing →
⏳
Pending Sale
Jan 5, 2026
Offer accepted, sale pending
⏳
Pending Sale
Dec 18, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Dec 4, 2025
$1,499,999
Original listing
Agent: Jennifer Crowe Office: Atlantic Coast Homes,Inc
🏠
Listed for Sale
Dec 4, 2025
$1,499,999
Original listing
Agent: Jennifer Crowe Office: Atlantic Coast Homes,Inc
🏠
Listed for Sale
Dec 4, 2025
$1,499,999
Original listing
Agent: Jennifer Crowe Office: Atlantic Coast Homes,Inc

Tax History

Year Taxes Assessment
2025 $10,100 $993,200

Financial Details

Annual Property Tax
$10,100
Tax Year 2025
Assessed Value
$993,200

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1900
Living Area 4,222 sq ft
Lot Size 0.21 acres
Bedrooms 7
Full Baths 5
Total Rooms 18

Investment Metrics

Units 5
Unit 1 Rent $1,800/mo · Y
Unit 2 Rent $1,800/mo · Y
Unit 3 Rent $1,800/mo · Y
Unit 4 Rent $1,800/mo · Y
Total Monthly Rent $7,200/mo
Gross Income $111,700
Net Operating Income $101,058
Operating Expenses $10,642
Water/Sewer Expense $2,760
Electric Expense $768
Insurance Expense $4,262
Cap Rate 6.74%
Heating Natural Gas, Hot Water
Cooling Window Unit(s)
Flooring Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
Appliances Washer, Dryer, Range, Refrigerator
Fireplace None
Fireplaces 1
Basement Full, Bulkhead, Unfinished
Laundry None
Features Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Leased
Total Spaces 7
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $10,100
Assessed Value $993,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Ai-generated Video Matterport Is Used To Remove Tenants Belongings And Provide Space Examples; Room Measurements Are Approximate.
Possession None
Accepted Financing None
Structure Type []
House Color gray
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 33 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
4,222 sq ft
Total Rooms
18
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
Appliances: Washer, Dryer, Range, Refrigerator
Interior Features: Storage, Pantry, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
Windows: Screens
Basement: Full, Bulkhead, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating: Natural Gas, Hot Water
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 7
Parking Features: Paved Drive, Leased

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
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
0.5 mi
Grades PK-08
Great Rock Christian Academy
2.2 mi
Grades PK-12
C+
Great Oak School
0.5 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
1.0 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
1.1 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
1.5 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
0.5 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
0.7 mi
Grades 06-12
St. John's Prep School
1.1 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
Northeast Behavioral Health
2.3 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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Loan Amount
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After down payment
Total Interest
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Over life of loan
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$0
Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $842
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

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Current 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.

Location

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Neighborhood

Danvers Center

4 Butler Ave, Danvers MA 01923

Danvers, MA 01923

Listing Information

Listing Agent Jennifer Crowe
Listing Office Atlantic Coast Homes,Inc
Office Phone 978-777-4444
Agent MLS ID C8000685
Office MLS ID AC1991
Listing Data Updated Jan 9, 2026 1:19 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
(617) 955-2224 mail@steve-novak.com
Ask about this property — free, no obligation.

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Steven Novak

BMN Boston Real Estate

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