4 Butler Ave, Danvers MA 01923

Danvers, MA 01923 • Danvers Center

$1,499,999

Est. $8,626/month

0.21

Acres

1900

Year Built

27

Days on Market

Active Listed Dec 5, 2025 • MLS# 73460207 Copied!

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*

Property Overview

Listing Type

Commercial Sale

Year Built

1900

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1900

Lot Size 0.21 acres

Interior

Heating None

Cooling None

Flooring None

Appliances None

Fireplace None

Basement None

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features None

Utilities

Electric None

Water None

Sewer None

Gas None

Other Public Water, Public Sewer

Financial

Annual Tax $10,100

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials:

Roof:

Foundation:

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water:

Water Source:

Sewer:

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features:

Location

Loading map...

Neighborhood

Danvers Center

4 Butler Ave, Danvers MA 01923

Danvers, MA 01923

Walkability

Loading Walk Score...

Nearby Schools

School District

Danvers School District local

✓ 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

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

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

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 Career Tech Programs

Grades 09-12

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

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term

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

-0.5% Rate

$0/mo

Save $0/mo

Current Rate

$0/mo

+0.5% Rate

$0/mo

Cost $0/mo

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

Dec 5, 2025

$1,499,999

Original listing

Agent: Jennifer Crowe Office: Atlantic Coast Homes,Inc

Date	Event	Price	Change	$/sqft	Details
12/05/2025	🏠 Listed for Sale	$1,499,999	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Dec 5, 2025	New Listing Added	$1,499,999	—

Market Statistics

Days on Market

27 days

Price per Sq Ft

$—

Tax History

Year	Taxes	Assessment
2025	$10,100	—

Financial Details

Annual Property Tax

$10,100

Tax Year 2025

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Listed for Sale

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

4 Butler Ave, Danvers MA 01923

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Property Timeline

Listed for Sale

Detailed History Table ▼

Price & Status History

Market Statistics

Tax History

Financial Details

Listing Information

Comparable Properties

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

Adjust Property Details

Market Analytics for Danvers, MA

Contact Agent

Schedule a Tour